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Laughlin Outlet Center

$6,300,000

1955 South Casino Drive, Laughlin, NV 89029

Active
Last Updated: 12/13/2024

256,741 sqft

Building Size

10.79 acres

Lot Area

Details:
Building Size:    256,741 sqft
Lot Area:    10.79 acres
Occupancy:    37%
Lease Type:    Triple Net
Year Built:    1996
Zoning:    Commercial Resort (CR)
Tenancy:    Multiple
Investment Strategy:    Value Add
Highlights:
  • Exposure to 10 casinos in the heart of Laughlin’s gaming entertainment and hospitality center
  • New $60m Bullhead City/Laughlin Bridge is now open!
  • Main & Main visibility & signage
  • Upside Opportunity via lease-up of available shop spaces
  • Covered Parking is a benefit and amenity for all visitors
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covid-19 pandemic and a decline in traditional outlet mall shopping caused the departure of many tenants which have not been replaced by the seller/owner.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.

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery