Hualapai Plaza
Location: Las Vegas, NV
Type: Mixed Use
Price: $4,925,000
SMC has provided a $4,925,000 ten-year fixed rate mortgage for the acquisition of Hualapai Plaza, a 2-story, 26,557 SF mixed-use center located in Las Vegas, NV. The Property fronts Hualapai Way and is located adjacent to two newly developed multifamily complexes containing approximately 700 units, the Grand Flamingo retail power center, and Sun City Sienna, a 2,000+ home neighborhood featuring an 18-hole golf course. The center is located less than one mile south of the 215 Beltway and the neighborhood boasts strong demographics with a population of 137,877 and 291,104 within a 3 and 5-mile radius, respectively. Built in 2004, the Property is currently 100% occupied and is home to a strong mix of national, regional and local tenants.