Stanley Plaza | 1725-1745 N. Nellis Blvd., Las Vegas, NV 89115
Parcel# 140-20-802-009
Construction: Concrete Block & Wood Framing
Property Size: 25,050 SF
Net Acres: 1.9
Built: 2000
The Cambridge Group ltd. as exclusive advisors, are pleased to present the opportunity to acquire the Stanley Plaza (the Property), a 25,050 square foot retail project in Las Vegas, Nevada. The shopping center is located in Clark County jurisdiction and is currently 95% leased. Built in 2000, the Property is situated on ±1.9 acres, providing ample parking. Many of the tenants have a long history in the shopping center providing an investor a stable asset with successful long term occupancy. Furthermore, the diverse mix of retailers in the Stanley Plaza include restaurants, fitness and personal service users.
Financial Summary
Purchase Price: $5,250,000.00
Loan #1: $3,675,000.00
Cash Required: $1,575,000.00
Calculated Return
Annual Income: $471,034.68
Operating Expense: $104,510.00
NOI: $366,524.68
Cap Rate: 7%
Est. Loan Payment: $208,005.72
Cash Flow: $158,518.96
Rate of Return: 10%
Phyllis Hanley | B.029985
Cambridge Group LTD | 702-335-7719
Jordan Hanley | BS.0145889
Hanley Realty Group | 702-335-7731