Regal Plaza
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Regal Plaza
6 Retail Properties Offered at $23,820,000 in Las Vegas, NV
Executive Summary
The Cambridge Group Ltd. is pleased to present Regal Plaza, a premier commercial shopping center located at the traffic-rich intersection of Eastern Ave. and Pebble Rd. in Las Vegas, Nevada. Offering a total of 83,943 square feet of leasable space, this multi-building retail complex is currently 91% leased, making it an excellent investment opportunity for investors seeking strong tenant performance in a prime location and upside through leasing vacant space. Regal Plaza is comprised of 7 buildings built between 1999 and 2002, featuring three distinct ingress/egress points, providing optimal access and convenience for shoppers and tenants alike. With over 40,000 vehicles passing daily at the intersection of Eastern Ave. and Pebble Rd., the property benefits from a steady flow of traffic, positioning it as a key retail destination in the area. Strategically located just off of the 215 in Las Vegas, Regal Plaza is surrounded by a diverse mix of residential, retail, and commercial developments, ensuring a consistent stream of potential customers. This center offers a well-balanced tenant mix, which enhances its appeal to both local residents and visitors. The property is also well-served by major roads, making it easily accessible from various parts of the city. Regal Plaza represents a unique opportunity to acquire a high-performing asset in one of Las Vegas’ most sought-after retail corridors.
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- Offering Memorandum
Property Facts
| Price | $23,820,000 | Number of Properties | 6 |
| Price / SF | $168.96 / SF | Individually For Sale | 0 |
| Cap Rate | 7.15% | Total Building Size | 140,980 SF |
| Sale Type | Investment NNN | Total Land Area | 26.33 AC |
| Status | Active |
| Price | $23,820,000 |
| Price / SF | $168.96 / SF |
| Cap Rate | 7.15% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 140,980 SF |
| Total Land Area | 26.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Retail D
8846 S Eastern Ave, Las Vegas, NV 89123 |
Retail | 6,855 SF | 2001 | - |
|
Regal Plaza
8826 S Eastern Ave, Las Vegas, NV 89123 |
Retail | 25,500 SF | 1999 | - |
| 8866-8868 S Eastern Ave, Las Vegas, NV 89123 | Retail | 19,435 SF | 2002 | - |
|
Retail A
8876 S Eastern Ave, Las Vegas, NV 89123 |
Retail | 11,846 SF | 1999 | - |
|
Retail B
8878 S Eastern Ave, Las Vegas, NV 89123 |
Retail | 11,857 SF | 1999 | - |
|
Regal Plaza
8880 S Eastern Ave, Las Vegas, NV 89123 |
Retail | 65,487 SF | 1999 | - |
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Regal Plaza
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