MDL Group facilitated the sale of The Grove located at 345 – 479 West Craig Road, a retail property in North Las Vegas that contains a total of 54,490 square feet, for $15.5 million.
The property is situated on a 5.3 acre site and was completed in 2007. It was 91 percent leased at the time of the sale.
The anchor tenant is Smart & Final which occupies 16,000 square feet 365 West Craig Road. Other tenants include Tropical Smoothie, UFC Gym, Navy Federal Credit Union, and Dairy Queen.
Neil De La Cruz and Hillary Steinberg of MDL Group represented the buyer, High Valley VI, LLC, in this transaction. MDL Group will now be providing leasing and property management services to the new ownership.
Founded in 1989, MDL Group is the leading commercial real estate services provider in Southern Nevada. The company provides services … Read More »