Decatur Crossing Center

204 - 294 S. Decatur Blvd. Las Vegas, NV 89107

— For Sale —

List Price$9.26MM

Cap Rate 5.8%

Occ. 55%

Property Information

LOGIC Commercial Real Estate is pleased to exclusively offer for sale a value-add retail center located in Las Vegas, NV. Decatur Crossing Center is an +/- 84,425 SF multi-tenant retail property anchored by Planet Fitness and the Southern Nevada Health District (NAP). The center is delivered at 55% occupancy and offers additional upside through a future pad opportunity. The asset was built in 1987 and is situated just off the US-95 and Decatur, at the signalized northwest corner of S. Decatur Blvd. and Meadows Ln., boasting over +/- 52,800 CPD.

Strategically located off the US-95 (+/-223,000 CPD), the asset is easily accessible and in close proximity to Downtown Las Vegas and the Las Vegas Strip. The asset services a dense population of +/- 485,045 residents living within a 5-mile radius with average household incomes of +/- $66,103. The immediate trade area is experiencing additional infill of +/- 500 multi-family units, which opened at 100% leased in February 2022, and +/- 334 future units planned.

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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