Palm Plaza

4425 E. Tropicana Ave. Las Vegas, NV 89121

— For Sale —

List Price$1,931,000

Size +/- 7,550SF

Cap Rate 6.0%

Property Information

LOGIC Commercial Real Estate is pleased to exclusively offer for sale Palm Plaza (the ‘Property’), a +/- 7,550 SF multi-tenant retail center comprised of two free-standing +/-3,775 SF buildings. The property is 100% leased to a diverse mix of internet resistant local/regional tenants under NNN lease structures, situated at the NEC of E. Tropicana Ave. and Palm Street. The property boasts combined traffic counts of over 40,000 CPD. Additionally, the asset is located +/- 1-mile east of the I-515 Freeway with +/- 161,000 CPD, providing local access while servicing the thriving east Las Vegas submarket consisting of +/- 420,000 residents with an average household income above $67,000 within a 5-mile radius.

Contact

Shareholder

Sean Margulis

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

Landon Tenwolde

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