| For leasing information click here |
 |
| Location |
7150 Durango Drive, Las Vegas, NV |
|
| Acquisition Date |
November 2010 |
|
| Total Investment |
$6,500,000 |
|
| Square Feet |
35,242 |
|
| Tenants Include |
Wells Fargo, Popeye’s, Quizno’s |
|
| Highlights |
| Traffic counts on Durango Drive average 43,000 per day |
| Close proximity to I-215 |
| Hard corner of a strong retail intersection |
| Subject property 72% occupied |
|
|
| Disposition |
| Secure a deed-in-lieu of foreclosure |
| Sold Sinclair Gas Station ground lease |
| Sold Wells Fargo ground lease |
| Sold Putter’s restaurant building |
| Sold 99–year ground lease to SBA Communications cell tower |
| Finish tenant improvements and lease up remaining space |
| Sell stabilized property to an income investor |
|
|
