Name: Desert Bloom Plaza
Address: 4455 E Tropicana Ave, Las Vegas, Nevada, 89121

Desert Bloom Plaza

$1,642,000

Property Highlights

Well-Located Multi-Tenant Retail Pad: Desert Bloom Plaza is a 5,136 SF multi-tenant building situated on 0.33 acres along Tropicana Avenue, one of East Las Vegas’ most heavily traveled thoroughfares with 37,500 vehicles per day. Originally built in 1984, the property offers efficient land utilization in a highly developed infill location with substantial barriers to new construction.
Attractive In-Place Cash Flow with Upside: The property currently generates $106,704 in net operating income with additional upside through the lease-up of a 1,300 SF vacancy. Existing leases feature 3–5% annual rental increases, providing built-in NOI growth and protection against inflation.
Resilient, Service-Based Tenant Roster: The tenant lineup includes Check City, Grupo AA, La Cordillera Bakery, and El Compita Mexican Restaurant (a successful multi-location operator), focusing on essential, service-driven uses that are resistant to e-commerce disruption and economic cycles.
Shadow-Anchored by Cardenas Markets. The property benefits from strong foot traffic and consumer draw from Cardenas Markets, a leading Hispanic grocery chain that serves as a daily needs anchor, further stabilizing the center’s long-term viability.
Surrounded by National Brands: Located alongside major national retailers including Arco, Jiffy Lube, US Bank, 7-Eleven, Pep Boys, Public Storage, and Carl’s Jr., the property is part of an established retail corridor, reinforcing tenant demand and long-term desirability.
Dense, Stable Demographics: The immediate area boasts 164,182 daytime population within a 3-mile radius and 8,221 households within 1 mile, supported by an average household income of $79,590—driving strong and consistent consumer demand for daily goods and services.
Strategic East Las Vegas Positioning: Centrally located with access to major residential communities, employment hubs, and commuter corridors, Desert Bloom Plaza is well-positioned to continue attracting tenants and serving the surrounding community for years to come.