Two Tahoe Retail Centers Benefit from S. Lake/Stateline Locations

Two South Lake Tahoe retail centers, The Chateau at The Village totaling 30,494 square feet of space, located at 4125 Lake Tahoe Blvd., and Zalanta Resort at The Village totaling 20,263 square feet of space, located at 4101 Lake Tahoe Blvd., recently sold to Imperium Blue. The price was undisclosed.

SRS Real Estate Partners’ Scott Campbell represented the buyer. The seller, Ready Capital, was represented by Tony Wood with KW Commercial.

The Chateau and Zalanta Resort benefit from locations in The Village at the South Lake Tahoe. The centers are in walking distance to Heavenly Village, Edgewood Tahoe Golf Course, Harrah’s and the Hard Rock Casino in Stateline. Both centers are nearly fully leased on NN leases.