IYK Realty Buys 158,394 SF Retail Asset in Las Vegas for $26.2M

by Amy Works

LAS VEGAS — IYK Realty has purchased a retail property in Las Vegas for $26.2 million. Situated within Sahara Pavilion South at 2520-2650 S. Decatur Blvd., the asset features 158,394 square feet of retail space.

Current tenants include Chase, Chipotle, Einstein Bros. Bagels and Starbucks Coffee. Additionally, the new, 48,000-square-foot anchor tenant will be a supermarket.

Al Twainy and Jennifer Lehr of Colliers represented the buyer in the deal. The name of the seller was not released.

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