Boulder Crossing

5500 Boulder Hwy., Las Vegas, NV 89122

— For Sale —

List Price$16.25MM

Size +/- 48,160 SF

Cap Rate 5.75%

Property Information

LOGIC Commercial Real Estate is pleased to exclusively offer for sale Boulder Crossing, a stabilized retail shopping shadow-anchored by Albertsons (NAP) grocer featuring national and regional credit tenants such as Planet Fitness, Domino’s, Panda Express, Sally Beauty Supply, T-Mobile and more. The center also features strong pad-co-tenancy including Starbucks (NAP), Burger King (NAP), Del Taco (NAP) and 7-11 (NAP) driving additional daily traffic. The asset features staggered lease expirations with a Weighted Average Lease Term (WALT) of 70 months.

Boulder Crossing consists of +/- 48,160 SF situated on +/- 6.97 acres, originally developed in 2000 and renovated in 2018. The property is located at the signalized intersection of Boulder Hwy. and E. Tropicana Ave. with traffic counts exceeding +/- 73,000 CPD and is situated +/- 2-miles east of the US-95 Freeway (+/- 161,000 CPD). The property services a dense population of +/- 388,186 residents living within a 5-mile radius with average household incomes of +/- $69,188.

Contact

Shareholder

Adam Malan

Partner
Las Vegas
License S.0063542.LLC
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O 702.954.4105
C 702.449.1180
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Brokerage

Deana Marcello

Executive Vice President
Las Vegas
License S.0174174
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O 702.954.4104
C 702.375.1022
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