Winterwood Pavilion is a 100% leased 140,260 square foot neighborhood shopping center, with four buildings on 15.55 acres. This shopping center sits about a mile from the US-95 Freeway at the northeast corner of E. Sahara Ave. and S. Nellis Blvd., which is one of the busiest signalized intersections in Las Vegas: an average of 69,300 cars per day. Winterwood Pavilion serves a densely populated area of more than 30,000 residents within one mile, and 200,000 residents within three miles. Shoppers love the ease of parking in a huge parking field of almost 1,000 parking stalls (more than 2.5X more than required). Three enter/exit driveways on each side of the property (Nellis and Sahara) make for ample ingress and egress. The Center received a multi-million dollar renovation in 2010, has been maintained in great condition since, and a new two tenant building was constructed in 2023. Four strong credit junior-anchors, Dollar General Market (NYSE:DG), DD's Discounts (NYSE: ROST), Planet Fitness and Harbor Freight Tools all have exercised extension options after their initial terms. Other national and regional tenants include Carl's Jr., Cricket Wireless, Dollar Loan Center, FedEx Office, Firehouse Subs, Great Clips, Jackson Hewitt, Little Caesars, Panda Express, PT's Pub and UPS Store. This Net Leased investment is perfect for an investor searching for a large low risk stable income property.
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