Olsen Plaza
+/-7,521 SF on +/-0.58 Acres | Redevelopment Opportunity at the Gateway of Water Street
Marketing description
Hiltz Commercial Group proudly presents Olsen Plaza, located at 3-7-11 S. Water St., a prime Value-Add retail center on the southeast corner of Water Street and Victory Rd. Zoned for mixed use, this property offers significant potential for redevelopment or an owner-user looking to establish a presence in a vibrant area.
Situated at the Gateway of Water Street in Downtown Henderson, Olsen Plaza enjoys a premier location just steps from Lake Mead Pkwy and minutes from US 95 and the 215 Beltway. The property features two multi-tenant retail buildings with month-to-month leases, providing below-market rents and adjacent parking.
Olsen Plaza is an outstanding opportunity to acquire a mixed-use retail center in the heart of Downtown Henderson. Owner-users can tailor the space to meet their needs while generating income from the remaining units. Investors will recognize the exceptional redevelopment potential at this unparalleled location.
Investment highlights
Zoning: Mixed-use, offering flexibility for redevelopment or owner-user opportunities.
Property Size: Approximately 7,521 SF across two buildings on three parcels totaling 0.58 acres.
Proximity: Situated at the Gateway of Water Street, steps from Lake Mead Pkwy, and minutes from US 95 and the 215 Beltway.
Property Features: Two multi-tenant retail buildings with month-to-month leases, providing below-market rents.
Investment Potential: Ideal for owner-users to utilize part of the space while generating income from the remaining units.
Redevelopment Opportunity: Prime location with exceptional potential for redevelopment in a vibrant, growing area.
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