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Case Study:

US Bank Plaza

Las Vegas, NV

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Lowest cap rate and highest price PSF sale in Las Vegas for unanchored multi-tenant retail in approximately 5 years.

The Hanley Investment Group Advantage

  • Procured 1031 Exchange Buyer from Southern California
  • Negotiated No Financing Contingency Prior to Interest Rate Spike
  • Generated 10 Offers
  • Sold for 65 basis Points Better (in Cap Rate) Than Local Las Vegas Brokers Valued the Property Prior to Listing
  • Lowest Cap Rate and Highest Price PSF Sale in Las Vegas for Unanchored Multi-Tenant Retail in Approximately 5 Years

Sale Specifics

  • Multi-Tenant Strip Center
  • 17,347 Square Feet; 100% Occupancy
  • Summerlin Location with Las Vegas