Beltway Plaza

9310 S. Eastern Ave., Henderson, NV 89123

— Recently Sold • Represented Seller —

$29.40MM

Size +/- 85,845 SF

Occupancy 88%

Property Information

Property Overview

The Berg Advisory Group of Logic Commercial Real Estate is pleased to present Beltway Plaza (the “Property”), an +/- 85,845 SF Class A shopping center located in one of the most desirable retail hubs in the Las Vegas MSA. The tenant mix includes EoS Fitness, one of the largest gyms in the Las Vegas MSA, AT&T, Denny’s, Domino’s, Allstate, and Silver State Credit Union. The Property is currently 88% occupied, allowing the new owner immediate upside by securing tenants for the remaining vacancies. Since 2002, 59% of the GLA has occupied space at Beltway Plaza, giving the new owner an opportunity to own an asset with a secure and established tenant mix.

Beltway Plaza is located one block south of the Eastern Avenue/I-215 exit, at the intersection of Eastern Ave. and Serene Rd. (57,600 CPD). The Eastern Ave freeway exit is one of the busiest off-ramps in Las Vegas and is the major thoroughfare that leads into Henderson’s most established communities such as Anthem, Seven Hills, Inspirada, and Seven Hills. The Property is located in the desirable Eastern Ave corridor, which benefits from a strong daytime population, and is surrounded by some of the most popular and established major tenants such as The Home Depot, Lowe’s, Target, Walmart, and Sam’s Club.

Investment Highlights

  • Pride of Ownership Asset: Beltway Plaza is a +/- 85,845 SF shopping center consisting of service based and retail/restaurant tenants located in one of the most desirable trade areas in the Las Vegas Valley. This is the first time Beltway Plaza has come to market.
  • Internet Resistant and Established Tenant Mix: Virtually every tenant is resistant to internet competition and 59% of the tenancy has occupied space since 2002. 
  • Irreplaceable Real Estate: Located one block south of the Eastern Ave. I-215 Freeway exit, one of Las Vegas’ busiest off ramps.
  • Strong Demographics: $97,779 average household income within a 1-mile radius and $96,266 and within a 3-mile radius.
  • National/Regional Tenant Mix: Home to some of the most popular and established tenants, including EoS Fitness, AT&T, Denny’s, Domino’s, and Allstate.

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