1955 S Casino Dr - Freestanding FOR SALE


Laughlin, NV 89029
$6,300,000 USD
702-375-1022
1955 S Casino Dr, Laughlin, NV for Sale
$6,300,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

1955 S Casino Dr
Laughlin, NV 89029


HIGHLIGHTS

  • Exposure to 10 casinos in the heart of Laughlin’s gaming entertainment and hospitality center
  • New $60m Bullhead City/Laughlin Bridge is now open!
  • Main & Main visibility & signage
  • Upside Opportunity via lease-up of available shop spaces
  • Covered Parking is a benefit and amenity for all visitors

OVERVIEW

Laughlin Outlet Center is an enclosed two-story outlet and retail center located in the heart of Laughlin’s gaming and entertainment district 1-hour south of Las Vegas. The 256,741-square-foot property sits on 10.79 acres and features prominent exposure to ten casinos nearby with 3,100 hotels rooms within walking distance. Laughlin Outlet Center was built in 1996 and originally occupied by a who’s who slate of outlet mall tenants including: Family Dollar, Burke’s Outlet, Stadium 9 Cinemas, Hanes/Maidenform, Levi’s, Carter’s, Pendleton, Bon Worth and many others. The covid-19 pandemic and a decline in traditional outlet mall shopping caused the departure of many tenants which have not been replaced by the seller/owner. An opportunity to establish a new identity for the property is at hand. Laughlin Outlet Center represents a significant value-add opportunity to acquire a well-located property within the trade area with unbeatable frontage and exposure at below-replacement-cost pricing.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$25 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Laughlin Outlet Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Movie Theatre, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.79 AC

LAND SF

470,013 SF

ZONING

CR

APN/PARCEL ID

264-13-201-003,264-13-601-003,264-13-601-004

ASK ABOUT THIS PROPERTY

Deana MarcelloColliersMore Info
702-375-1022

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Deana MarcelloColliersMore Info
702-375-1022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.