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Saturday, February 8, 2014

Plaza Las Americas




 Listing Plaza Las Americas
Price:$2,490,000
Status:New

Plaza Las Americas is an approximate 30,000 square foot, single-story retail strip center located at 540 546 North Eastern Avenue, Las Vegas, Nevada. The curbside monument sign is easily seen by passing traffic. The subject property is a newer center built in 2008 and buildings are in very good condition.


Plaza Las Americas is an excellent retail center where occupancy rates have historically averaged over 90 percent in this submarket. This strip center is among the submarkets least impacted by the recent financial crisis that significantly increased some retail center vacancy rates in many areas throughout the Las Vegas Valley.


This center is an excellent added value opportunity for the professional real estate investor interested in building equity through leasing up any vacant space and stabilizing the income stream of this attractive center.


Plaza Las Americas is located within a very strong family oriented community. The area demographics are attractive to the destination type tenants that would do well in this center. The hard corner of North Eastern and East Bonanza has three separate grocery anchored centers; a Smart & Final anchored center and two Hispanic grocery anchored centers with Cardenas and Marianas markets.


Plaza Las Americas

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