1955 S Casino Dr Laughlin, NV 89029

Building Details

Year Built

1996

Listing office Colliers - Las Vegas, Nevada

Listing date May 18, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

The Laughlin Outlet Center is a two-story enclosed retail center situated in Laughlin's gaming and entertainment district, approximately one hour south of Las Vegas. Constructed in 1996, the property encompasses 256,741 square feet on a 10.79-acre lot. It benefits from high visibility and proximity to ten casinos, with 3,100 hotel rooms within walking distance. Originally, the outlet center was occupied by tenants including Family Dollar, Burke’s Outlet, Stadium 9 Cinemas, Hanes/Maidenform, Levi’s, Carter’s, Pendleton, and Bon Worth. Due to the Covid-19 pandemic and a decline in traditional outlet mall shopping, many tenants have departed and have not been replaced by the current owner. This presents an opportunity to establish a new identity for the property. The Laughlin Outlet Center represents a value-add opportunity to acquire a well-located property within the trade area with frontage and exposure.

Key Highlights

• Significant value‑add opportunity to acquire a well‑located property.
• Prominent exposure to ten casinos nearby with 3,100 hotel rooms within walking distance.
• Located in the heart of Laughlin’s gaming and entertainment district, 1‑hour south of Las Vegas.

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FAQs

What type of property is this?

Shopping center - Enclosed retail center in Laughlin's gaming and entertainment district.

Where is this shopping center located?

The property is located at 1955 S Casino Dr Laughlin, NV.

What is the asking price?

The asking price for this property is $6,300,000.

What are key features of this property?

This property features: Significant value‑add opportunity to acquire a well‑located property.; Prominent exposure to ten casinos nearby with 3,100 hotel rooms within walking distance.; Located in the heart of Laughlin’s gaming and entertainment district, 1‑hour south of Las Vegas.