0 Charleston Blvd Las Vegas, NV 89102
Westland Fair, a prime retail investment opportunity in Las Vegas, NV, presents 210,866 square feet of a larger 577,000 square foot community shopping center. This multi-tenant property boasts a 96.7% occupancy rate and features a strong lineup of national and regional tenants, including Walmart, Lowe's, PetSmart, Office Depot, Michaels, and Smart & Final. All anchor tenants have occupied the center for at least 30 years, demonstrating exceptional long-term stability. The property includes seven pad buildings housing additional popular restaurants and businesses. Strategically located at a high-traffic intersection in West Las Vegas (Charleston Blvd and Decatur Blvd), the center benefits from over 77,000 vehicles daily at the intersection and proximity to the US 95 and Decatur Blvd interchange (over 210,000 vehicles daily). This infill location serves a dense population, with over 170,000 residents and 229,000 daytime workers within a 3-mile radius. The property's NNN lease structure and below-market anchor rents offer significant potential for NOI growth. The 23.26-acre lot was renovated in 1995. This exceptional offering presents a unique opportunity to acquire a well-established, high-performing retail center in a thriving Las Vegas location. Multiple parcels offer various exit strategies.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.