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Bianca Plaza 2971 Sammy Davis Jr Dr 20,077 SF 96% Leased Retail Building Las Vegas, NV 89109 $11,684,800 CAD ($582.00 CAD/SF) 7.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Prime retail center located just steps from the Las Vegas Strip
- Directly across from top Las Vegas landmarks
- ±39,000 VPD at intersection, plus ±236,000 VPD along I-15 Freeway
- Offered at 100% leased with Seller Rent Guaranty
- High-visibility corner at Sammy Davis Jr. Drive & Resorts World Drive
- Strong daytime population of ±384,354 consumers within a 3-mile radius
EXECUTIVE SUMMARY
Bianca Plaza is a vibrant retail center located just steps away from the world-famous Las Vegas Strip. The center is directly across from Las Vegas’ most iconic destinations, including Resorts World, Circus Circus Hotel & Casino, the Adventuredome Amusement Park, Fontainebleau Hotel & Casino, MSG Sphere, and the Las Vegas Convention Center. Strategically positioned at the signalized intersection of Sammy Davis Jr. Drive and Resorts World Drive, with traffic counts in excess of ±39,000 VPD, the site benefits from additional visibility to the I-15 Freeway with an additional ±236,000 VPD. The property is just north of the Fashion Show Mall and the Chinatown Las Vegas / Asian District – both thriving destinations for locals and tourists.
Offered 100% leased with a unique income guarantee: the owner will cover rents for the four remaining vacant suites for the next two years. Investors can enjoy stable cash flow from day one while having the opportunity to lease up the property and bring existing tenants to market rents, unlocking additional upside. Bianca Plaza is home to a diverse mix of tenants providing a variety of service-based amenities, including the Naughty Angel Restaurant, Gunship Helicopters, Iron Oath Tattoo, True Playerz Babershop and more. Its prime location benefits from a strong daytime population of ±384,354 consumers within a 3-mile radius. This property is an ideal location for investors looking to capitalize on the vibrant Las Vegas market.
Offered 100% leased with a unique income guarantee: the owner will cover rents for the four remaining vacant suites for the next two years. Investors can enjoy stable cash flow from day one while having the opportunity to lease up the property and bring existing tenants to market rents, unlocking additional upside. Bianca Plaza is home to a diverse mix of tenants providing a variety of service-based amenities, including the Naughty Angel Restaurant, Gunship Helicopters, Iron Oath Tattoo, True Playerz Babershop and more. Its prime location benefits from a strong daytime population of ±384,354 consumers within a 3-mile radius. This property is an ideal location for investors looking to capitalize on the vibrant Las Vegas market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,077 SF
Building Class
C
Year Built/Renovated
1976/2012
Price
$11,684,800 CAD
Price Per SF
$582.00 CAD
Cap Rate
7.50%
NOI
$876,576 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.48 AC
Zoning
CG - Commercial General
Parking
65 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
278’ on Sammy Davis Jr. Drive
AMENITIES
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 162-09-203-006 | Improvements Assessment | $360,289 CAD |
| Land Assessment | $590,496 CAD | Total Assessment | $950,785 CAD |
PROPERTY TAXES
Parcel Number
162-09-203-006
Land Assessment
$590,496 CAD
Improvements Assessment
$360,289 CAD
Total Assessment
$950,785 CAD
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Bianca Plaza | 2971 Sammy Davis Jr Dr
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