Brixton Capital has acquired Las Palmas Village, a 106,838-square-foot, grocery-anchored retail center in Las Vegas, for $29.4 million.
Las Palmas Village is located at 415 E. Windmill Lane, behind Las Vegas South Premium Outlets and east of Interstate 15. The shopping center’s location offers convenience, a five-minute drive from Harry Reid International Airport, making it easily accessible for both local residents and visitors to the Las Vegas area.
The 106,838-square-foot retail center, built in 1997, currently operates at 95 percent occupancy with a strong tenant mix anchored by Vons. Additional tenants include Taco Bell, Wells Fargo and UPS, creating a neighborhood shopping destination that serves everyday needs for the surrounding community.
JLL represented the private seller.