LOGIC Commercial Real Estate presents an exceptional investment opportunity in one of Las Vegas’s most dynamic, high-growth submarkets. The well-positioned, multi-tenant retail center, LOCAL @ Warm Springs, is stabilized, with an impressive tenant mix, and commands a highly visible corner on Tenaya Way and Warm Springs Road.
LOCAL @ Warm Springs benefits from substantial daily traffic, with Warm Springs Road generating nearly 14,500 VPD and S. Tenaya Way producing just over 5,600 VPD. The retail property is close to drivers such as Arroyo Shopping Center (power center), Durango Casino and Resort, UnCommons, Narrative, and Dignity Health – St Rose Dominican Hospital.
The area has experienced significant commercial developments with the recent opening of a Costco Wholesale at Buffalo Drive just north of CC-215. The retailer is in close proximity to our offering and is a tremendous driver for surrounding retail centers. Further, LOCAL @ Warm Springs benefits from a population of over 370,000 and an average household income of over $120,000 within a 5-mile radius.