For Sale
Call for price

4115 Grand Canyon DrLas Vegas, NV 89147

Las Vegas retail investment, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 64,649 square foot shopping center in Las Vegas, Nevada, presents a compelling investment opportunity. Located at 4115 S Grand Canyon Dr, 89147, this multi-tenant property boasts a 97% occupancy rate and features prominent anchors such as Target and Kohl's, complemented by other national and local retailers including Vitamin Shoppe. Built in 2007 on a 13.21-acre lot, the center comprises five separate buildings, offering flexibility and potential for future development. Its strategic location at the intersection of Grand Canyon Drive and Flamingo Road, near the 215 freeway and the Summerlin submarket, benefits from significant residential growth in the surrounding area, driving strong tenant activity and rental demand. The NNN lease structure provides a stable income stream, while the potential for rental rate increases ensures long-term value appreciation. This property offers a unique chance to capitalize on a thriving Las Vegas market with exceptional leasing momentum and multiple potential exit strategies. The center's success is further evidenced by the presence of additional tenants such as Floor & Decor and JCPenney, along with a diverse mix of local businesses. This is a prime opportunity to acquire a piece of a high-performing retail center in one of Las Vegas's most dynamic submarkets.

Property Details for 4115 Grand Canyon Dr

Property type
Lifestyle centers, Power centers
Square Feet
64,649 SF
Year Built
2007
Lot Size (sq. ft)
575,428 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.114209208677
Longitude
-115.31093644065
4115 Grand Canyon Dr, Las Vegas, Nevada

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4115 Grand Canyon Dr
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