Colliers Western Region
Decatur Plaza

Decatur Plaza

5355 S Decatur Blvd.

Las Vegas , NV 89118

$2,700,000
Asking Price
6.04%
In-Place Cap Rate
6,210 SF
Gross Leasable Area
100%
Occupancy
~0.39 ac
Acres
1999
Year Built

Description

Decatur Plaza is 100% occupied by a stable, service-oriented tenant lineup led by Domino’s Pizza (NASDAQ: DPZ), a publicly traded national credit tenant that has operated at this location for over 26 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, and Peacemakers Firearms since 2013. This proven history of long-term tenancy and organic growth reflects the 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).

Offering Summary
Property TypeRetail
Asking Price$2,700,000
Sale Details
In-Place Cap Rate6.04%
Documents
Property Address
Property Details
Property TypeRetail
Gross Leasable Area (SF)6,210 SF
Occupancy100%
Lease TypeNNN
Year Built1999
Year Renovated2001
ZoningCommercial General (CG)
APN163-25-710-009, 163-25-710-008
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Deal Team

Adam Malan
Adam Malan
Vice Chair
NV RE Lic. 0063542
Deana Marcello
Deana Marcello
Executive Vice President
NV RE Lic. 174174