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Desert Bloom Plaza 4225 E Tropicana Ave 5,136 SF 100% Leased Retail Building Las Vegas, NV 89121 $2,290,918 CAD ($446.05 CAD/SF) 6.50% Cap Rate
EXECUTIVE SUMMARY
Desert Bloom Plaza is a well-located, 5,136 SF multi-tenant retail pad along the heavily trafficked Tropicana Avenue in East Las Vegas. The property offers strong in-place cash flow with built-in 3–5% annual rent increases, plus immediate upside through the lease-up of a 1,300 SF vacancy. Anchored by essential service-based tenants and shadow-anchored by Cardenas Markets, the center benefits from powerful retail synergy alongside national brands like Arco, Jiffy Lube, 7-Eleven, and US Bank. Supported by dense demographics and significant barriers to new development, Desert Bloom Plaza presents a rare opportunity to acquire a stable, value-add retail asset in a proven, high-traffic corridor.
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PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,136 SF
Building Class
C
Year Built
1984
Price
$2,290,918 CAD
Price Per SF
$446.05 CAD
Cap Rate
6.50%
NOI
$148,910 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.33 AC
Zoning
C-2, County
Parking
16 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 161-29-111-011 | Improvements Assessment | $160,987 CAD |
| Land Assessment | $77,534 CAD | Total Assessment | $238,522 CAD |
PROPERTY TAXES
Parcel Number
161-29-111-011
Land Assessment
$77,534 CAD
Improvements Assessment
$160,987 CAD
Total Assessment
$238,522 CAD
CONTACTS
-
Dustin Alvino -
Michael Merhi -
Casey Kitagawa -
Madelyn Rupprecht -
Marcus & Millichap
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Desert Bloom Plaza | 4225 E Tropicana Ave
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