Colliers Western Region
Laughlin Outlet Center

Laughlin Outlet Center

1955 South Casino Drive

Laughlin, NV 89029

$6,300,000
Asking Price
256,741 SF
Size
10.79 acres
Lot Size
Retail
Property Type
264-13-201-003
APN
2010
Year Renovated

Description

Laughlin Outlet Center is an enclosed two-story outlet and retail center located in the heart of Laughlin’s gaming and entertainment district 1-hour south of Las Vegas. The 256,741-square-foot property sits on 10.79 acres and features prominent exposure to ten casinos nearby with 3,100 hotels rooms within walking distance.

Laughlin Outlet Center was built in 1996 and originally occupied by a who’s who slate of outlet mall tenants including: Family Dollar, Burke’s Outlet, Stadium 9 Cinemas, Hanes/Maidenform, Levi’s, Carter’s, Pendleton, Bon Worth and many others. The covid-19 pandemic and a decline in traditional outlet mall shopping caused the departure of many tenants which have not been replaced by the seller/owner. An opportunity to establish a new identity for the property is at hand.

Laughlin Outlet Center represents a significant value-add opportunity to acquire a well-located property within the trade area with unbeatable frontage and exposure at below-replacement-cost pricing.

Offering Summary

Property TypeRetail
Asking Price$6,300,000
Size256,741 SF
Available162,480 SF
Occupancy37%
Built1996
Total Acres~10.79 ac

Sale Details

In-Place NOI$679,956
In-Place Rents3
Market Rents20

Documents

Property Address

Property Details

Property TypeRetail
Gross Leasable Area (SF)256,741 SF
Available GLA (SF)162,480 SF
Occupancy37%
AmenitiesParking & Access, Visibility & Signage
Year Built1996
Year Renovated2010
Acres10.79 acres
ZoningCommercial Resort (CR)
APN264-13-201-003
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Deal Team

Adam Malan

Adam Malan

Vice Chair
NV RE Lic. 0063542
Deana Marcello

Deana Marcello

Executive Vice President
NV RE Lic. 174174