Ocotillo Plaza

Location: Las Vegas, NV
Type: Retail
Price: $19,750,000

SMC provided a $19,750,000 loan to refinance an existing debt collateralized by the Subject. The Property is located at 2405-2505 E. Tropicana Ave. & 4902-4912 S. Eastern Ave., Las Vegas, NV. The Subject consists of a 114,301 SF grocery-anchored center, built between 1976 and 1988 and located 3.3 miles east of the Las Vegas Strip. The tenancy at the Property consists of a mix of national and local tenants, including Marketon, El Pollo Loco, Auto Zone and Cici’s Pizza.