Charleston Buffalo Plaza 1151 S Buffalo Dr

LOGIC Commercial Real Estate presents Charleston Buffalo Plaza, a stabilized retail investment opportunity strategically located at the intersection of S. Charleston Blvd. and S. Buffalo Dr. This ±31,144 SF retail center benefits from excellent visibility and combined traffic counts of ±65,000 CPD, offering investors a stabilized asset that has achieved 92.8% occupancy through a strategic tenant mix of internet-resistant, service-oriented businesses. The property's recent leasing momentum and improved cash flow metrics demonstrate its strong market position and appeal to quality tenants. Situated near affluent Summerlin, the center serves a dense customer base of ±487,690 residents within a 5-mile radius, with an average household income of ±$97,600 within a 1-mile radius, while benefiting from its proximity to major retail destinations including Red Rock Casino, Downtown Summerlin, Boca Park and Tivoli Village. The property is also situated near Section 10, one of Las Vegas' most desirable neighborhoods known for its upscale residential developments, custom homes, and prime location between Summerlin and the Las Vegas Strip.

The property comprises three multi-tenant buildings on 2.14 acres:
• 1151 S. Buffalo Dr.: Two-story building with ±4,660 SF of retail space (1st floor) and ±4,200 SF of office space (2nd floor)
• 1171 S. Buffalo Dr.: ±4,630 SF fully-leased building with three tenants
• 1181 S. Buffalo Dr.: ±17,654 SF anchor building