4000 Meadows Ln, Las Vegas, NV 89107

For registration requirements and regulations, please review here or contact Alexsis Aguirre | 949-799-4658 | [email protected].

Property tours are available by appointment only. Please contact the listing broke to schedule a tour.

New 10-year lease (2029 expiration) with Round1 Entertainment Inc., a local favorite (see broker for sales performance) and national tenant with 54 locations serving 30 states across the U.S. with plans to open additional sites.

Approximately 32% occupied, property offers outparcel development opportunities or immediate opportunity to lease up the additional 90,128 SF of the existing building and newly recorded pads, adding value and increasing the NOI in the near term.

Through in-place rent increases and vacant lease up, the Net Operating Income (NOI) is expected to stabilize at approximately $2,118,000, an increase of more than 273% over current NOI, NOT inclusive of the potential revenue created by the new pad parcels.

The large 11.2-acre parcel and zoning provide for a multitude of uses to serve the surrounding established residential and commercial density, further enhancing the long-term value preservation at the property.

At the anticipated pricing range, Round1 at Meadows Mall will trade significantly below its estimated replacement cost with income in place while providing the potential to lease up to a stabilized NOI almost 4x the current income.

Round1 at Meadows Mall serves as co-anchor to the 933,000 SF Meadows Mall operated by Brookfield Properties, one of the few prominent retail locations for the Las Vegas Metro area. Meadows Mall boasts national credit tenants such as Victoria’s Secret, Foot Locker, Bath & Body Works, Express, Game Stop, Tilly’s, Forever 21, Aeropostale , Hollister, and Panda Express with the anchors Dillard’s, JC Penney, Macy’s, Curacoa, and others.

Meadows Mall is one of Las Vegas’ main retail centers, a large draw for the trade area and serving the city’s over 649,600 residents. Located on the major thoroughfare, S Valley Blvd (29,530 CPD) immediately off I-95 (256,921 CPD) only a few miles from Las Vegas’ famous Strip, providing easy access to its centralized location with-in Las Vegas.

Meadows Mall’s entertainment and dining tenants Crazy Bungee, Sansei Japanese Cuisine, Panda Express together with Round1 Bowling create a strong one stop family experience.

• Non-Contingent
• Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
• Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
• $10,000 Participation Deposit Required
• Close of Escrow: December 28, 2023

4000 Meadows Ln, Las Vegas, NV 89107