OVERVIEW

Cushman & Wakefield is pleased to announce for sale Regency Plaza (the “Property”), an opportunistic retail investment in the Central East submarket in Las Vegas, NV. This offering presents the ability to acquire two buildings on a total of ±1.61-AC located at the signalized corner of Maryland Parkway and Sierra Vista Drive. Located in a designated Opportunity Zone, Regency Plaza is considered a value-add investment with an asking price equal to $116/SF or $4,200,000. The Property consists of two buildings totaling ±36,070 SF of multi-tenant retail space featuring food & beverage, service, and brick and mortar retailers. One of the unique attributes of this property is the rooftop parking, allowing for a larger building footprint while satisfying the standards for required parking. The Property is located across the street from the Boulevard Mall with major highlights being the exposure to more than 30,000 vehicles per day (VPD) on Maryland Parkway, the proximity to the Las Vegas Convention Center, the Las Vegas Strip, Harry Reid International Airport, University of Nevada, Las Vegas, and major hospitals. Link to OM: https://www.crexi.com/properties/1695940/nevada-regency-plaza?offeringMemorandum=download