Cheyenne Commons is a +/- 361,486 SF Walmart, Floor & Décor and Ross anchored power center developed in 1993 within a dense and mature northwest suburb of Las Vegas, NV. Located at 3001 N. Rainbow Blvd., the center is positioned along the US-95 Freeway and within close proximity to Mountain View Hospital. The property recently received a +/- $2.7 million renovation.
• Logic’s leasing and management team increased occupancy from 60% to 80%
• Increased NOI by 50% over an 18-month period prior to the sale
• Property recently received a +/- $2,700,000 renovation including new roof, exterior paint, awning repairs, updated lighting, parking lot repairs, landscaping repairs and updated pylon signs