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MTP INV LLC Purchases 21,007 Square Foot Retail Center In Las Vegas For $5.5 Million

Property Image
SOLD
$5,500,000
Emily Brun
Marlene Fujita Winkel

Nevada

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Retail21,007 SF
Sold 10/01/2025
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Property Image
SOLD

MTP INV LLC Purchases 21,007 Square Foot Retail Center In Las Vegas For $5.5 Million

10620 Dean Martin Drive

See Similar Deals
Retail21,007 SF
Sold 10/01/2025
Emily Brun
Marlene Fujita Winkel
the dealplayerscompscontact
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Summary

NEVADA
Asset Type:Retail
Price Per Square Foot:$261
Total Square Footage:21,007 SF
Transaction Type:Sale

The property involved in this transaction is a 21,007-square-foot retail center located at 10620-10680 Dean Martin Drive in Las Vegas, NV. The asset encompasses 2.37 acres and was sold for $5,500,000, resulting in a price per square foot of $262. The property is currently 89% leased and situated near the Southern Highlands community.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,500,000
  • Address: 10620-10680 Dean Martin Drive
  • Market: Las Vegas, NV
  • Acres: 2.37
  • Square Footage: 21,007
  • Price per Square Foot: $262
  • Buyer: MTP INV LLC
  • Seller: Cactus Villas, LLC
  • Brokers: Marlene Fujita Winkel & Emily Brun - Cushman & Wakefield

Cactus Villas LLC sold the KAKTUSlife Retail center, with the transaction being represented by brokers Marlene Fujita Winkel and Emily Brun from Cushman & Wakefield. The deal was completed in 40 days.

Players

Marlene Fujita Winkel
Cushman & Wakefield
Marlene Fujita Winkel
10 deals$381.7M volume
BROKER
Emily Brun
Cushman & Wakefield
Emily Brun
4 deals$5.5M volume(702) 605-1549
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: 10/01/2025 ADDRESS: 10620-10680 Dean Martin Drive MARKET: Las Vegas, NV ASSET TYPE: Retail ~ ACRES: 2.37 BUYER: MTP INV LLC SELLER: Cactus Villas, LLC BROKERS: Marlene Fujita Winkel & Emily Brun - Cushman & Wakefield SALE PRICE: $5,500,000 SF: 21,007 ~ PPSF: $262 NOTE: Cactus Villas LLC sold KAKTUSlife Retail, a 21,007-square-foot unanchored retail center at 10620–10680 Dean Martin Drive in Las Vegas, for $5.5 million to MTP INV LLC. Cushman & Wakefield’s Marlene Fujita Winkel and Emily Brun represented the seller in the 40-day closing, with the property 89% leased and located near the Southern Highlands community.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$293,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67