For Sale
$7,614,000

1151 Buffalo Dr Las Vegas, NV 89117

Las Vegas Shopping Center, 7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
131
Charleston Buffalo Plaza, a 31,144 square foot shopping center in Las Vegas, Nevada, presents a compelling value-add investment opportunity. This multi-tenant property boasts a 7.00% cap rate and is situated on a 2.14-acre lot at the high-traffic intersection of S. Charleston Blvd. and S. Buffalo Dr., enjoying approximately 65,000 cars per day. Currently achieving 92.8% occupancy, the center features a diverse mix of internet-resistant, service-oriented businesses, demonstrating strong market position and tenant appeal. The property comprises three buildings: a two-story building at 1151 S. Buffalo Dr. with approximately 4,660 square feet of retail space on the first floor and 4,200 square feet of office space on the second

Property Details for 1151 Buffalo Dr

Property type
Lifestyle centers, Power centers
Square Feet
31,144 SF
Year Built
1999
Lot Size (sq. ft)
93,218 SF
Units
16

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.157777973682
Longitude
-115.2627934313

FAQs

What type of property is this?
Lifestyle center - Las Vegas Shopping Center, 7% Cap Rate
Where is the lifestyle center located?
The property is located at 1151 Buffalo Dr Las Vegas, NV.
What is the asking price?
The asking price for this property is $7,614,000.
How can I contact the broker?
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1151 Buffalo Dr
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