2971 Sammy Davis Jr Dr - Freestanding FOR SALE


Las Vegas, NV 89109- Richfield
$8,375,000 USD
702-375-1022
2971 Sammy Davis Jr Dr, Las Vegas, NV for Sale
$8,375,000 USD
Freestanding - FOR SALE
1/9
null | 7.5% Cap Rate

2971 Sammy Davis Jr Dr
Las Vegas, NV 89109
Richfield


HIGHLIGHTS

  • Prime retail center located just steps from the Las Vegas Strip
  • Offered at 100% leased with Seller Rent Guaranty
  • Directly across from top Las Vegas landmarks
  • High-visibility corner at Sammy Davis Jr. Drive & Resorts World Drive
  • ±39,000 VPD at intersection, plus ±236,000 VPD along I-15 Freeway
  • Strong daytime population of ±384,354 consumers within a 3-mile radius

OVERVIEW

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 100% leased with a unique income guarantee: the owner will cover rents for the four remaining vacant suites for the next two years. Investors can enjoy stable cash flow from day one while having the opportunity to lease up the property and bring existing tenants to market rents, unlocking additional upside. Bianca Plaza is home to a diverse mix of tenants providing a variety of service-based amenities, including the Naughty Angel Restaurant, Gunship Helicopters, Iron Oath Tattoo, True Playerz Babershop and more. Its prime location benefits from a strong daytime population of ±384,354 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

$8,375,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bianca Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

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 Notice.