Commercial Real Estate Nevada

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JUST LISTED
CANNERY CORNER
 
 
 
2520 - 2760 E. Craig Rd., N. Las Vegas, NV 89030
 
 
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OFFERED AT:
$24,600,000
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CAP RATE:
6.35%
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OCCUPANCY:
93%
 
 
PROPERTY INFO:
 
 
 
LOGIC Commercial Real Estate is pleased to present a rare opportunity to purchase Cannery Corner (the “Property”), an institutionally owned Class A shopping center located in the Las Vegas MSA. This offering gives a purchaser the opportunity to gain exposure to the Greater Las Vegas Market by owning a trophy asset which dominates retail demand in its respective trade area. Cannery Corner is occupied by a tenant mix consisting of some of the strongest performing nationally recognized names in their industry, which include Chipotle, Sherwin-Williams, Jamba Juice, Five Guys Burgers and Fries, Sport Clips, Batteries Plus, and Carl’s Jr. 94% of the current tenant roster is leased to tenants in the service and/or food/beverage industry, therefore reducing their risk to the threat of internet competition.
 
 
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HIGHLIGHTS:
 
 
 
CLASS A SHOPPING CENTER: Cannery Corner is a true Class A shopping center due to its tenant roster of nationally recognized names, its strategic location being the first shopping center west of the I-15 Freeway on Craig Rd., and is one of the most dominant power centers in the region with dual anchors consisting of Lowe’s (NAP) and Sam’s Club (NAP).

PRIDE OF OWNERSHIP TENANT ROSTER: Cannery Corner features some of the strongest performing ‘internet resistant’ tenants in the retail industry, which include the following: Chipotle, Five Guys, Jamba Juice, Sherwin-Williams, T-Mobile, Famous Dave’s BBQ, and Carl’s Jr.

INTERNET RESISTANT AND ‘AMAZON PROOF’ TENANT MIX: 93% of the GLA (17 occupied spaces) consists of tenants in the service industry, and 56% of the tenant roster (10 occupied spaces) are in the food/beverage industry, consistently driving daily traffic to the center.
 
 
VIEW OFFERING MEMORANDUM
 
 
 
 
CONTACT US:
 
 
 
 
BRENDAN KEATING
CEO
 
 
 
O. 702.954.4108
C. 702.884.8070
bkeating@logicCRE.com
SEAN MARGULIS
DIRECTOR
 
 
 
O. 702.954.4102
C. 702.340.4251
smargulis@logicCRE.com
 
 
JEFF BERG
VICE PRESIDENT
 
 
 
O. 702.954.4144
C. 702.755.5486
jberg@logicCRE.com
MICA BERG
VICE PRESIDENT
 
 
 
O. 702.954.4143
C. 702.755.5559
mberg@logicCRE.com
ILAN BANNER
ASSOCIATE
 
 
 
O. 702.954.4137
C. 702.580.6529
ibanner@logicCRE.com
 
 
Logic Commercial Real Estate | 3900 S. Hualapai Way, Ste. 200, Las Vegas, NV 89147           
 






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