Brixton Capital Acquires Retail Asset From Stephen Copulos For $29.4 Million In Las Vegas
415 East Windmill Lane
$29,400,000
$275/SF
Building Size
106,838 SF
Asset Type
Retail
Closing
Apr 21, 2026
AI
The property asset involved in this transaction is located at 415 East Windmill Lane, Las Vegas, NV. It consists of retail space encompassing approximately 106,838 square feet and was sold for a total transaction amount of $29,400,000, which equates to a price per square foot of $275.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $29,400,000
- Square Footage: 106,838
- Address: 415 East Windmill Lane
- Market: Las Vegas, NV
- Buyer: Brixton Capital
- Seller: Stephen Copulos
- Brokers: Daniel Tyner & Gleb Lvovich - JLL
This transaction was facilitated by Daniel Tyner and Gleb Lvovich of JLL, who represented the buyer, Brixton Capital, and the seller, Stephen Copulos, during the sale of the retail property. Their involvement was crucial in navigating the complexities of the deal to achieve a successful outcome.
Players
Las Vegas Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93