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Property profile & analytics
FOR SALE
Strip malls

10445 Spencer St Las Vegas, NV 89183

10,800 SF
Property ID
US62-Q001202
Property summary
AI-generated overview

- Adelphi Property Advisors presents Spencer Crossing (the ‘Property’), a +/- 10,800 SF multi-tenant strip center located in the Las Vegas Valley. The Property was constructed in 2017 and is located in one of the strongest retail hubs in Las Vegas. The St. Rose Parkway retail hub has immensely grown over the past several years with the new additions of Costco, Hobby Lobby, Starbucks, and several other nationally recognized brands. - Spencer Crossing is 100% occupied leased to an Internet resistant tenancy. Goodyear/Tire Choice occupies 51% of the Property and is backed by the parent company Monro, a publicly traded entity. Other tenants include The Chicken Shack, Almond & Oat Espresso Bar, MM Salon, and D’s Smokeshop. Approximately 88% of the tenants have occupied space since 2018, and 79% of the tenants have occupied space since the Property was constructed in 2017.

Property profile
Verified
Property type Strip malls
Total area 10,800 SF
UPID US62-Q001202
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Chicken Shack Restaurant Take-out & Catering
  • Spencer Crossings Retail Shopping Center & Mall
  • Self Storage Storage Facility
  • Almond & Oat Coffee House Cafe & Coffee Shop
  • D'Vinity Aesthetics Hair Salon
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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