3231 N Decatur Blvd, Las Vegas, NV 89130

Quintessential Mixed-Use Retail & Industrial Strip Center – The Runway is a ±142,731 SF, multi-tenant retail and industrial center that is leased to a synergistic line up of retail, service, entertainment, fitness, medical and QSR restaurant tenants including Nevada Career Institute, El Nopal Mexican Grill, Island Comfort BBQ, Gerber Automotive, Valkyrie Judo Acadamy, Allstate Insurance and others

Strong Historical Occupancy with Recent Leasing Momentum – 60% of the in-place tenancy at The Runway has operated at the site for 10 years or more with Gerber Automotive, Allstate, and Nevada Career Institute approaching 15 years, proving the strength of the location and loyalty of the current occupants

Significant NOI Growth – Property-wide, rents at The Runway are estimated to be 13% below market. Upon stabilization through the lease up of vacant space, NOI is projected to increase $633,000 (48%) over the anticipated 10-year hold period

Desirable Las Vegas Location – Quality retail and industrial investment property located in a dense, infill location with more than 183,200 residents (AHI: $87,800) within 3 miles. Furthermore, the Runway is situated just off the northwest corner of W Cheyenne Ave (±33,572 CPD) & N Decatur Rd (±29,766 CPD) placing it in a prime location to take advantage of the growth the Las Vegas area has seen over the recent years