Charleston Buffalo Plaza

1151-1181 S Buffalo Dr. Las Vegas, NV 89117

— For Sale —

Offering Price $6,300,000

Square Feet +/- 31,144

Cap Rate 7.5%

Property Information

LOGIC Commercial Real Estate presents an exciting investment opportunity; Charleston Buffalo Plaza. This retail shopping plaza offers +/- 31,144 SF of space and a combined traffic count of
+/- 65,000 CPD at the intersection of S. Charleston Blvd. and S. Buffalo Dr.

The property has a dense customer base and is located near the affluent communities of Summerlin and popular destinations like Boca Park, Tivoli Village, Downtown Summerlin, and Red Rock Casino. The property is a prime business location with +/- 487,690 residents within a 5-mile radius and an average household income of +/- $97,600 within a 1-mile radius.

The property comprises three multi-tenant buildings on 2.14 acres and is currently 81% occupied, presenting an opportunity for value-add investors. Please find a breakdown of the buildings below:

  • 1151 S. Buffalo Dr.: Two-story building with +/- 4,660 SF of retail space on the 1st floor and +/- 4,200 SF of office space on the 2nd floor
  • 1171 S. Buffalo Dr.: 100% leased three (3) tenant building, consisting of +/- 4,630 SF
  • 1181 S. Buffalo Dr.: The largest of the buildings, consisting of +/- 17,654 SF

Contact

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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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
More Info