For Sale
Call for price

0 Charleston BlvdLas Vegas, NV 89102

Grocery-anchored shopping center, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
117
Westland Fair, a prime retail investment opportunity in Las Vegas, NV, presents 210,866 square feet of a larger 577,000 square foot community shopping center. This multi-tenant property boasts a 96.7% occupancy rate and features a strong lineup of national and regional tenants, including Walmart, Lowe's, PetSmart, Office Depot, Michaels, and Smart & Final. All anchor tenants have occupied the center for at least 30 years, demonstrating exceptional long-term stability. The property includes seven pad buildings housing additional popular restaurants and businesses. Strategically located at a high-traffic intersection in West Las Vegas (Charleston Blvd and Decatur Blvd), the center benefits from over 77,000 vehicles daily at the intersection and proximity to the US 95 and Decatur Blvd interchange (over 210,000 vehicles daily). This infill location serves a dense population, with over 170,000 residents and 229,000 daytime workers within a 3-mile radius. The property's NNN lease structure and below-market anchor rents offer significant potential for NOI growth. The 23.26-acre lot was renovated in 1995. This exceptional offering presents a unique opportunity to acquire a well-established, high-performing retail center in a thriving Las Vegas location. Multiple parcels offer various exit strategies.

Highlights

  • Grocery-anchored center with strong leasing momentum.
  • Attractive existing debt structure.
  • Premier shadow anchors driving traffic.
  • High-growth area with strong NOI.
  • Below-market anchor rent provides upside potential.
  • Long-term, stable tenant base.

Property Details for 0 Charleston Blvd

Property type
Lifestyle centers, Power centers
Square Feet
210,866 SF
Year Renovated
1995
Lot Size (sq. ft)
1,013,206 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.158167561527
Longitude
-115.20288636397
Charleston Blvd, Las Vegas, Nevada

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0 Charleston Blvd
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