5355 S Decatur Blvd. Retail
  • Asking Price
    $2.7MAsking Price
  • In-Place Cap Rate
    6.04%In-Place Cap Rate
  • Gross Leasable Area
    6,210 SFGross Leasable Area
  • Acres
    ~0.39 acAcres
  • Year Built
    1999Year Built
  • Occupancy
    100%Occupancy

Description

Decatur Plaza is a fully occupied Las Vegas retail center with longstanding food and service tenants. Domino's has operated at the site since 2000, Smog Busters since 2001 and Peacemakers Firearms since 2013.

The offering describes existing rents as below market, creating an opportunity to evaluate future lease adjustments against tenant terms and retention costs. Nearby businesses include Home Depot, EOS Fitness and International Marketplace. The Orleans, Otonomus Hotel and Hilton Grand Vacation Club add hospitality activity to the surrounding trade area. Buyers can review the rent roll, lease expirations and tenant obligations to assess current income and potential growth.

Offering Summary

  • Asking Price
    $2,700,000
  • Property Type
    Retail
  • Occupancy
    100%
  • Built
    1999
  • Total Acres
    ~0.39 ac

Sale Details

  • In-Place Cap Rate
    6.04%

Documents

Property Address

5355 S Decatur Blvd.
Las Vegas , NV 89118

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    1999
  • Year Renovated
    2001
  • Lease Type
    NNN
  • Zoning
    Commercial General (CG)
  • APN
    163-25-710-009, 163-25-710-008
  • Gross Leasable Area
    6,210 SF
  • Acres
    0.39

Deal Team

Adam Malan profile image

Adam Malan

Vice Chair
Colliers
NV RE Lic. 0063542
Deana Marcello profile image

Deana Marcello

Executive Vice President
Colliers
NV RE Lic. 174174