Desert Ridge Shops_Property for Sale
Desert Ridge Shops_Property for Sale
6870 S Fort Apache Rd, Las Vegas, NV, 89148, US

Desert Ridge Shops

Asset Description

JLL has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Desert Ridge Shops (the “Property”), a 12,000 square-foot newly constructed strip center located in the highly coveted suburbs of Summerlin in Las Vegas, NV. Strategically positioned on W Maule Ave and Fort Apache Rd, the Property has excellent visibility and exposure to over 31,000 vehicles per day. Currently 92% leased, the Property features a synergistic mix of daily needs and fast casual food tenants that cater to the surrounding affluent suburban community, shadow anchored by McDonald’s and 7-Eleven.

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Attributes

Asking price
MYR 35,468,000
Cap rate
6.06%
Building area gross
1,115 m²
Occupancy
91.7%
Year built
2024
Land area gross
1 ha
Parking spaces
159
WALT
7.1 years

Media

Investment Highlights

  • Diverse Tenant Mix in Prime Summerlin Location
  • New Construction in High-Growth Area
  • Synergistic Tenant Mix Driving Cross-Traffic
  • Affluent and Growing Demographics Driving Retail Demand
Desert Ridge Shops 4_Property for Sale
Desert Ridge Shops 4_Property for Sale

Contact brokers

Desert Ridge Shops (0 Properties)

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Last updated
31 Mar 2025