Established Domino's Location For
For Sale
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5355 S Decatur Blvd, Las Vegas, NV
Long-term Domino's Pizza location near Allegiant Stadium.
Property Size6,210 SF
Lot Size0.39 Acres
Price / SF$434.78
Days on Market301
Property Features for 5355 S Decatur Blvd
General Information
Standard status
Active
Size
6,210 SF
Lot size
0.39 Acres
Property subtype
RETAIL
Listing Agency:
Colliers | Las Vegas
(702) 727-3778
Listed By:
Adam Malan · License #63542
Source:
Moodyscre
Added: Oct 28, 2025
Changed: Aug 21
Last Checked: Aug 23 at 11:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Las Vegas
Investment Insights
Based on property information with market context.
The property has been occupied by Domino’s Pizza (NASDAQ: DPZ) since 2000, demonstrating tenant longevity. It benefits from high traffic and visibility on S. Decatur Blvd., which sees approximately 53,100 vehicles per day. The location is centrally located, situated one mile from Allegiant Stadium. It also offers proximity to the I-15 Freeway, with a traffic volume of approximately 153,000 vehicles per day, and the CC 215 Beltway, which sees approximately 119,000 vehicles per day. The property size is 6,210 square feet.
Key Highlights
- Excellent traffic and visibility on S. Decatur Blvd. (±53,100 VPD)
- Centrally located just one‑mile from Allegiant Stadium
- Proximity to the I‑15 Freeway (±153,000 VPD) and CC 215 Beltway (±119,000 VPD)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$150,207
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,004,140
$3.0M
Cap Rate 7%
$2,145,814
$2.1M
Cap Rate 9%
$1,668,967
$1.7M
Market Conditions
NOI Build-Up for 6,210 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$212.4K $34.20/SF
− Vacancy
−$12.1K −$1.95/SF
EGI
$200.3K $32.25/SF
− OpEx
−$50.1K −$8.06/SF
NOI
$150.2K $24.19/SF
Area
Las Vegas, NV
Vacancy
5.70%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,004,140
Cap Rate 7%
$2,145,814
Cap Rate 9%
$1,668,967
Alternative Uses
Best Use
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,207 @ 7.0% cap · market cap 5.56%
Second Best
Retail
$2.00M
$1.75M – $2.34M
NOI $140,193 @ 7.0% cap · market cap 5.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,629
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Long-term Domino's Pizza location near Allegiant Stadium.
Where is this drive through restaurant located?
The property is located at 5355 S Decatur Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Excellent traffic and visibility on S. Decatur Blvd. (±53,100 VPD); Centrally located just one‑mile from Allegiant Stadium; Proximity to the I‑15 Freeway (±153,000 VPD) and CC 215 Beltway (±119,000 VPD)
