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1955 Casino Dr Laughlin, NV 89029

Prime Laughlin retail, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
132
This two-story, 256,741-square-foot shopping center, located at 1955 S Casino Dr, Laughlin, NV 89029, presents a significant value-add opportunity. Situated on 10.79 acres in Clark County, this multi-tenant property boasts prominent exposure to ten casinos and 3,100 hotel rooms within walking distance. Built in 1996, the center features Commercial Resort (CR) zoning and offers covered parking. Currently at 33.39% occupancy, this NNN-leased property presents a chance to capitalize on the upside potential through lease-up of available spaces. The property benefits from its location in Laughlin's gaming and entertainment district, with main street visibility and signage. The recent opening of a new $60 million bridge connecting Bullhead City and Laughlin further enhances its accessibility and appeal. The property's APN is 264-13-201-003, 264-13-601-003, and 264-13-601-004. This is a rare chance to acquire a well-positioned asset at below-replacement cost in a thriving tourist destination, one hour south of Las Vegas. The property's previous tenants included notable names such as Family Dollar, Burke's Outlet, and Stadium 9 Cinemas.

Highlights

  • High-traffic location with exposure to 10 casinos in Laughlin's entertainment district.
  • New $60 million bridge connecting Bullhead City and Laughlin improves accessibility.
  • Prominent main street visibility and signage.
  • Significant value-add opportunity through lease-up of available spaces; currently 33.39% occupied.
  • Covered parking available.

Property Details for 1955 Casino Dr

Property type
Outlet malls, Lifestyle centers
Square Feet
256,741 SF
Year Built
1996
Stories
2
Lot Size (sq. ft)
470,012 SF

Location Insight

City
Laughlin
County
Clark
State
Nevada
Latitude
35.162043
Longitude
-114.5759326

FAQs

What type of property is this?
Outlet mall - Prime Laughlin retail, value-add opportunity.
Where is the outlet mall located?
The property is located at 1955 Casino Dr Laughlin, NV.
What are key features of this property?
This property features: High-traffic location with exposure to 10 casinos in Laughlin's entertainment district.; New $60 million bridge connecting Bullhead City and Laughlin improves accessibility.; Prominent main street visibility and signage.
How can I contact the broker?
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1955 Casino Dr
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