The Vincent Advisory Group and the Berg Advisory Group are pleased to announce the sale of Plaza De Colores for $4.85MM. Plaza De Colores is a +/- 43,646 SF multi-tenant retail building located at 1950-2050 S. Rainbow Blvd., Las Vegas, NV 89146. The property was 100% occupied with tenants consisting of Panda Express, Sprint, and other service-based tenants. 27% of the property was leased to tenants paying significantly below market rents giving the buyer the chance to purchase a rare value add retail property. The investment team represented the seller.
