Cactus Marketplace - 10410 S Decatur Blvd, Las Vegas, NV 89141

97% Leased Shopping Center:
- Brand new buyer benefits from the trophy location of the subject property, which represents one of only two major shopping destinations to serve the exclusive Southern Highlands master planned community.
- Given the master planned nature of the Southern Highlands Community, there will always be limited amount of retail/commercial
inventory, which would explain the high occupancy levels in the immediate trade area.
- Tenants reimburse for 3rd-Party Management, which reinforces the asset quality of the subject property.
Dense, In-Fill and Upper-Middle Class Trade Area Demographics:
- With an average household income of $107,096 within a one-mile radius of the subject property (2015), the subject property benefits from an upper-middle class demographic base to support a variety of potential uses.
High Demand/Low Supply of Available Retail Inventory in Master Planned Trade Area:
- Given the limits on commercial retail development in the Southern Highlands master planned community, the subject property will benefit from a favorable supply/demand relationship for many years to come.
New, Pride of Ownership Construction:
- The subject property was completed in 2015, which provides a new owner with assurances of limited if any deferred maintenance in the
short and medium term.
- The subject property boasts two multi-tenant drive-thru pads, which will attract a wide array of food and daily needs tenant uses.
- The subject property buildings are on separate parcels, providing a new owner with the flexibility to sell portions of the center individually.
Excellent Ingress/Egress:
- With multiple points of ingress/egress, the subject property provides its tenants and customers with a convenient shopping alternative in the
trade area.
- With access from both Cactus Avenue and Decatur Boulevard, the subject property provides highly functional circulation to serve the existing or any future uses - including left-in/left-out access from West Rush Avenue on the northern boundary of the property.
Low Tenant Rollover in Short Term:
- Only 10.58% of the total square footage of the property has lease rollover prior to 2020, and there is no rollover prior to 2018, providing a new owner with the assurances of less management and less cost in the short run.