5345 S Decatur Blvd - Restaurant FOR SALE


Las Vegas, NV 89118- Spring Valley
$2,307,000 USD
702-449-1180
5345 S Decatur Blvd, Las Vegas, NV for Sale
$2,307,000 USD
Restaurant - FOR SALE
1/7
null | 6% Cap Rate

5345 S Decatur Blvd
Las Vegas, NV 89118
Spring Valley


HIGHLIGHTS

  • Domino’s Pizza (NYSE: DPZ) has operated at the property for 24 years since 2000
  • Proven Tenant Longevity & Ease of Management
  • Below Market Rents | Nearby Points of Interest
  • Excellent Traffic & Visibility on S. Decatur Blvd. (±53,100 VPD)
  • Centrally located just one-mile from Allegiant Stadium
  • Proximity to the I-15 Freeway (±153,000 VPD) and CC 215 Beltway (±119,000 VPD)

OVERVIEW

Decatur Plaza is a ±6,210 SF multi-tenant Domino’s Pizza (NYSE: DPZ) anchored retail center located in the heart of the rapidly growing Southwest submarket of Las Vegas. Fully leased and positioned along Decatur Boulevard—a major arterial with over 40,500 cars per day — this property offers strong visibility and access in one of the most desirable submarkets in the Las Vegas MSA. Decatur Plaza is 100% occupied by a stable, service-oriented tenant lineup led by Domino’s Pizza (NYSE: DPZ), a publicly traded national credit tenant that has operated at this location for over 24 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, Peacemakers Firearms since 2013, and Odd Smoke Shop expanding its footprint in 2020. This proven history of long-term tenancy and organic growth reflects the enduring strength and demand within the trade area. All tenants are internet-resistant and provide daily-needs services, positioning the asset for long-term durability. Rents are currently below market, offering investors a clear path to upside through mark-to-market leasing. The center benefits from strategic proximity to high-traffic co-tenants including Home Depot, EOS Fitness, and International Marketplace, as well as major hospitality drivers such as The Orleans (1,886 rooms), Otonomus Hotel (303 rooms), and Hilton Grand Vacation Club (148 rooms). The property’s central location places it just one mile from Allegiant Stadium, the Las Vegas Strip, and is in close proximity to both the I-15 Freeway (±153,000 VPD) and CC 215 Beltway (±119,000 VPD), enhancing its regional connectivity and long-term demand. Positioned within a dense, infill trade area and surrounded by continued commercial and residential growth, the property benefits from ±370,501 residents with an average annual household income of $95,180 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$2,307,000 USD

PRICE/SF

$371 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Decatur Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

CG

APN/PARCEL ID

163-25-710-008,163-25-710-009

ASK ABOUT THIS PROPERTY

Adam MalanColliersMore Info
702-449-1180

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Adam MalanColliersMore Info
702-449-1180

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