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Lake Mead Gateway Plaza
Adelphi Property Advisors is pleased to offer the opportunity to acquire the fee simple interest (land/building ownership) in Lake Mead Gateway Plaza (the ‘Property’), a rare 100% occupied shopping center anchored by Albertsons (Not a Part). The Property is located in Henderson, NV (Las Vegas MSA) and is situated at the hard corner of N Boulder Hwy. and E Lake Mead Pkwy. (over 62,000 VPD). Lake Mead Gateway Plaza sits adjacent to Cadence, a 2,200-acre master planned community, which is among the top 10 bestselling master planned communities in the nation.
Lake Mead Gateway Plaza contains several national and strong regional/local tenants, including H&R Block, Capriotti’s, Freeway Insurance, and Marco’s Pizza. A total of 11 of the 14 Tenants (81% of the income) have occupied the Property since 2018 or prior, providing the Landlord a secure return over the years.