2971 Sammy Davis Jr Dr - Freestanding FOR SALE


Las Vegas, NV 89109- Richfield
$9,200,000 USD
702-375-1022
2971 Sammy Davis Jr Dr, Las Vegas, NV for Sale
$9,200,000 USD
Freestanding - FOR SALE
1/15
null | 5.48% Cap Rate

2971 Sammy Davis Jr Dr
Las Vegas, NV 89109
Richfield


HIGHLIGHTS

  • Rare Value-Add Las Vegas Strip Adjacent Retail Center
  • Located in the heart of the Las Vegas Resort & Tourism Corridor
  • Excellent Access for Tourists & Locals
  • Adjacent to Several Major Developments
  • Diverse Tenant-Mix

OVERVIEW

Rare Value-Add Las Vegas Strip Adjacent Retail Center Bianca Plaza is a vibrant retail center located just steps away from the world-famous Las Vegas Strip. The center is directly across from Las Vegas’ most iconic destinations, including Resorts World, Circus Circus Hotel & Casino, the Adventuredome Amusement Park, Fontainebleau Hotel & Casino, MSG Sphere, and the Las Vegas Convention Center. Strategically positioned at the signalized intersection of Sammy Davis Jr. Drive and Resorts World Drive, with traffic counts in excess of ±39,000 VPD, the site benefits from additional visibility to the I-15 Freeway with an additional ±236,000 VPD. The property is just north of the Fashion Show Mall and the Chinatown Las Vegas / Asian District – both thriving destinations for locals and tourists. Offered at 85% occupancy, Bianca Plaza presents investors with a value-add opportunity with below market rents and four vacant suites. Bianca Plaza is home to a diverse mix of tenants providing a variety of service-based amenities, including the recently opened Naughty Angel Restaurant, Tattoo Shop, Barbershop, Alterations, Print Shop, Smoke Shop, Spa, and Hookah Lounge. Its prime location benefits from a strong daytime population of ±393,795 consumers within a 3-mile radius. This property is an ideal location for investors looking to capitalize on the vibrant Las Vegas market.

FOR SALE DETAILS

PRICE

$9,200,000 USD

PRICE/SF

$458 USD /SF

CAP RATE

5.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bianca Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

CG

APN/PARCEL ID

162-09-203-006

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.