Commercial & Residential Listing Services

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Asking Price: Unpriced  Property Type Retail, Office, Mixed Use

Square Footage 1,181,876 Occupancy 87% NOI $10,888,658 Lot Size (acres) 75.3 Parking (spaces) 5,516

 The Boulevard, a 1.2 million square foot regional center situated on 75 acres in the heart of Las Vegas, Nevada. Many call it a mall. We call it one of the most interesting real estate opportunities in the city. Constructed as a traditional regional mall with anchors Sears, Macy’s and JC Penney, the look, feel and complexion of The Boulevard is changing with the times! Bordered by the 762 bed Sunrise Hospital and Sunrise Children's Hospital (HCA) to the north, which is currently undergoing a $130 Million renovation, and within walking distance from the University of Nevada Las Vegas campus to the south, The Boulevard is an enclosed regional center with an extremely bright future. Built in 1968 and now five decades young, history will show this property pivoting and reinventing itself as an important hub of urban commerce. Retail is evolutionary, and The Boulevard is quickly becoming a case study in the urbanization of a suburban mall. 

Asking Price: $3,878,520 

Property Type Retail Lease Type NN Tenancy Multi Number of Tenants 5

Sqft. 10,277 Price/Sq Ft $377.40 Cap Rate 7.50% NOI $290,889

Year Built 2015 Lot Size (acres) 1.94 Ownership Fee simple

The seller is willing to pay the buyer a rent credit until this space is fully leased. More than 51 percent of the center is backed by corporate credit. Aspen Dental Management, Incorporated operates more than 500 dental offices across 35 states. H&R Block Eastern Enterprises, Incorporated is an investment grade tenant with a Standard & Poor (S&P) rating of BBB. Domino’s demonstrates commitment with its more than 10-year operating history and significant capital investment for its Store of the Future Build Out. Additionally, Domino’s executed its second 10- year extension option early in 2017. 

Asking Price: $13,103,867 

Property Type Retail Sub Type Grocery Store Plaza

 Net Lease Absolute Triple-Net (NNN) Master Lease-Absolute

Tenant Credit Corporate Guarantee

Tenancy Multi Number of Tenants 7 Lease Term 31 years

Lease 11/01/1993  10/31/2024 Remaining Term 6.6 years

Square Footage 56,555

Cap Rate6.75% Occupancy 100% NOI $884,511

Year Built 1993 Year Renovated 2015

Lot Size (acres) 11.74 Parking (spaces) 398

Rent Bumps See rent schedule in OM

Lease Options Four, Frive-Year & One, Four-Year Renewal options