1955 Casino Dr Laughlin, NV 89029-1560
This two-story, 256,741-square-foot shopping center, located at 1955 S Casino Dr, Laughlin, NV 89029, presents a significant value-add opportunity. Situated on 10.79 acres in Clark County, this multi-tenant property boasts prominent exposure to ten casinos and 3,100 hotel rooms within walking distance. Built in 1996, the center features Commercial Resort (CR) zoning and offers covered parking. Currently at 33.39% occupancy, this NNN-leased property presents a chance to capitalize on the upside potential through lease-up of available spaces. The property benefits from its location in Laughlin's gaming and entertainment district, with main street visibility and signage. The recent opening of a new $60 million bridge connecting Bullhead City and Laughlin further enhances its accessibility and appeal. The property's APN is 264-13-201-003, 264-13-601-003, and 264-13-601-004. This is a rare chance to acquire a well-positioned asset at below-replacement cost in a thriving tourist destination, one hour south of Las Vegas. The property's previous tenants included notable names such as Family Dollar, Burke's Outlet, and Stadium 9 Cinemas.
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Queen's Nails Nail Salon
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Laughlin walk-in care Community Center
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rue21 Men'S Clothing Store Women'S Clothing Store
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Claire's Tattoo & Piercing Shop
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A2Z International Inc (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.