Buffalo Square

7510 - 7550 W. Washington Ave., Las Vegas, NV 89128

— For Sale —

Offering Price $9.74MM

Cap Rate 8.25%

Square Footage +/- 176,508 SF

Property Information

LOGIC Commercial Real Estate is currently offering for sale the leasehold interest in Buffalo Square Retail Center, an impressive multi-tenant property located in a highly desirable and mature suburb in northwest Las Vegas, NV. Boasting a total area of +/- 176,508 SF and anchored by Lowe’s Home Improvement, this property comprises six buildings with a mix of prominent tenants, including McDonald’s, 7-Eleven, O’Reilly Auto Parts, and CareNow Urgent Care.

Strategically positioned at the northeast corner of N. Buffalo Dr. and W. Washington Ave., with combined traffic counts over +/- 37,600 CPD, Buffalo Square Retail Center benefits from excellent visibility and accessibility. The property also enjoys the proximity to Summerlin Parkway, a major thoroughfare linking the affluent Summerlin communities to the US-95 Freeway.

Built in 2000 and 2001, Buffalo Square Retail Center has a ground lease that expires in December 2063, with four options available, each with a ten-year term. This represents a rare opportunity for investors to acquire a high-quality retail property with stable income streams in a thriving Las Vegas submarket.

Contact

Jason Otter Logic Commercial Real Estate
Brokerage

Jason Otter

Founding Partner
Las Vegas
License S.0168161.LLC
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O 702.954.4109
C 702.235.6418
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Sean Margulis Logic Commercial Real Estate
Brokerage

Sean Margulis

Founding Partner
Las Vegas
License S.0070247
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O 702.954.4102
C 702.340.4251
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Bart Debuono
Brokerage

Bart Debuono

Senior Associate
Las Vegas
License S.0176508.LLC
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O 702.954.4129
C 347.835.7102
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Landon Tenwolde Logic Commercial Real Estate
Brokerage

Landon Tenwolde

Senior Associate
Las Vegas
License S.0184822
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O 702.954.4141
C 248.495.7586
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