Marketed by Elle
Gaensslen
SURROUNDED BY POTENTIAL CLIENTELE Exclusive exposure to over 22,000 households within a three mile radius...
Luxury Apartments Above Retail
CLASSIC ARCHITECTURE A Great Location Ideal For Retail, Spa, Dentist, Cleaners A better way to do business is Cabrillo an upscale mixed-use project...
OVER 11,000 SQUARE FEET OF RETAIL with ample parking, immediate occupancy, and a generous TI allowance...
Cabrillo combines apartments, shops in southwest valley Mount Charleston hotel undergoes makeover BY TONY ILLIA Today's hemorrhaging real estate market is forcing developers to think creatively and take new chances to succeed. Rising commercial real estate vacancies, high unemployment, home foreclosures and financial market turmoil make for a bleak outlook. But with crisis comes opportunity, at least, for those companies willing to try something different. Consider Nevada West Development, which put a unique twist on a mixed-use project combining apartments and retail shops. Although there has been talk about new urbanism and lifestyle development, few examples exist in Southern Nevada. “Cabrillo," however, is the genuine article. The two-building, 250,000-square-foot complex is located at the northeast corner of Buffalo Drive and Badura Avenue in Las Vegas. The project, on 10.57 acres, features 10 ground-level shops totaling 11,000 square feet. Spaces average 1,132 square feet in size; rents range from $1.75 to $2.25 per square foot. This property is geared toward everyday neighborhood uses like a small grocery store, a shoe store, a dentist's office. The whole point of this development was a work-live concept," said Coldwell Banker Premiere's Elle Gaensslen, the project's leasing agent. "There is automatic built-in business because you've got apartments as part of the complex. As seen in Business Press
Elle Gaensslen 702.245.7827 elle.gaensslen@cbvegas.com Coldwell Banker Premier Realty 8290 W. Sahara, Suite 100 Las Vegas, Nevada 89117