STNL Albertsons at Boulder Crossing 5500 Boulder Highway, Las Vegas, NV Cap Rate 5.15%

Cap Rate: 5.15%
NOI: $591,580
Building Size: 59,158 sqft
Lot Area: 4.93 acres
Occupancy: 100%
Lease Type: Triple Net
Year Built: 1999
Zoning: C-2, General Commercial
Tenancy: Single
Year Last Renovated: 2020

DESCRIPTION
LOGIC Commercial Real Estate is pleased to offer a Single Tenant Net Leased Albertsons situated within Boulder Crossing, a +/- 107,338 square foot shopping center built in 1999 within a dense and mature suburb of Las Vegas, NV. Albertsons, totaling +/- 59,158 square feet, is a dominant grocer in the Las Vegas market and services a 3-mile population of +/- 156,463 residents with average annual household incomes of +/- $62,415. The subject property is positioned at the northwest corner of Boulder Highway and East Tropicana Avenue with combined traffic counts of +/- 48,800 CPD (cars per day).

HIGHLIGHTS
• Dominant Grocer with Lease Extension
• Albertsons is the Nation’s 3rd Largest Grocer
• Albertsons Filed Their IPO in March of 2020
• Recently Renovated
• Stabilized Retail Center

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
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