Shadow Creek Marketplace

Location: Las Vegas, AZ
Type: Retail
Price: $5,900,000

SMC has provided a $5,900,000 ten-year fixed rate loan o n a 28,329 SF shopping center located in Las Vegas, Nevada. The Property is adjacent to a 65,000 SF, corporate owned Smith’s (Kroger) grocery store. Smith’s recently completed a renovation of its store and owns a fuel station that serves as an outparcel at the Property.  The area surrounding the Property includes numerous residential neighborhoods and several upscale, master planned communities.  The Property is 90.0% leased to national, regional and local tenants such as ATI Physical Therapy, AT&T, Subway, Supercuts, and State Farm. Non-collateral outparcels include Bank of America, Jack in the Box, PT’s Restaurant, and a Smith’s Gas Station.