Listing banner image
  • Asking Price
    $2,700,000Asking 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 100% occupied by a stable, service-oriented tenant lineup led by Domino’s Pizza (NASDAQ: DPZ), a publicly traded national credit tenant that has operated at this location for over 26 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, and Peacemakers Firearms since 2013. This proven history of long-term tenancy and organic growth reflects the strength and demand within the trade area. All tenants are internet-resistant and provide daily-needs services, positioning the asset for long-term durability. Rents are currently below market, offering investors a clear path to upside through mark-to-market leasing. The center benefits from strategic proximity to high-traffic co-tenants including Home Depot, EOS Fitness, and International Marketplace, as well as major hospitality drivers such as The Orleans (1,886 rooms), Otonomus Hotel (303 rooms), and Hilton Grand Vacation Club (148 rooms).

Documents

Offering Summary

  • Asking Price
    $2,700,000

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

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

Deal Team

Adam Malan profile image

Adam Malan

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

Deana Marcello

Executive Vice President Executive Vice President
Colliers
NV RE Lic. 174174

Description

Decatur Plaza is 100% occupied by a stable, service-oriented tenant lineup led by Domino’s Pizza (NASDAQ: DPZ), a publicly traded national credit tenant that has operated at this location for over 26 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, and Peacemakers Firearms since 2013. This proven history of long-term tenancy and organic growth reflects the strength and demand within the trade area. All tenants are internet-resistant and provide daily-needs services, positioning the asset for long-term durability. Rents are currently below market, offering investors a clear path to upside through mark-to-market leasing. The center benefits from strategic proximity to high-traffic co-tenants including Home Depot, EOS Fitness, and International Marketplace, as well as major hospitality drivers such as The Orleans (1,886 rooms), Otonomus Hotel (303 rooms), and Hilton Grand Vacation Club (148 rooms).

Documents

Offering Summary

  • Asking Price
    $2,700,000

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

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

Deal Team

Adam Malan profile image

Adam Malan

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

Deana Marcello

Executive Vice President Executive Vice President
Colliers
NV RE Lic. 174174
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