5755 Spring Mountain Rd.

5755 Spring Mountain Rd., Las Vegas, NV 89146

— For Sale —

List Price$7.45MM

Size +/- 15,415 SF

NOI $312,498

Property Information

Property Overview

Chris Richardson, CCIM with Logic Commercial Real Estate is pleased to present the rare opportunity to acquire the fee-simple interest in 5755 Spring Mountain Rd. in Las Vegas, NV.

5755 Spring Mountain Rd. is a +/- 15,415 SF multi-tenant retail center that is situated in the heart of Chinatown. The opportunity benefits from its proximity to the iconic Las Vegas “Strip,” 25,700 average cars per day on Spring Mountain Rd., and its diverse tenant mix.

The property features a +/- 8,550 SF multi-tenant retail building with street frontage, plus a +/- 6,860 SF warehouse or retail/industrial building in the rear, creating a potential owner-user investment property.

The existing retail tenants include Roma Restaurant and Deli, K Pop USA, Perfect Getaway Foot Spa, and JW Media.

Investment Highlights

  • Iconic Chinatown Location: Rare opportunity to own highly coveted Chinatown street retail along busy Spring Mountain Rd.
  • Owner-User or Investor Opportunity: The property presents opportunities of owner-user tenancy (call broker for details) or investors with a strong retail asset in a dominant corridor
  • Stabilized Rent Roll: Retail component has had historical high occupancy rates in a corridor known for low vacancy and above market rents
  • Convenient Access to Las Vegas “Strip”: The property is situated on the west side, just east of Jones Blvd., and approximately 3 miles from the world-famous Las Vegas “Strip”
  • Mixed-Use Property: Multi-tenant retail features fully improved spaces and excellent visibility from street – Rear warehouse or retail/industrial building features centralized location and private, fenced access

Contact

Shareholder

Chris Richardson, CCIM

Partner
Las Vegas
License BS.0143119.LLC
linkedin-square
O 702.954.4110
C 702.580.0455
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