Anchored Retail Shopping
110 N Boulder Hwy Henderson, NV 89015
110 N Boulder Hwy, Henderson, NV, 89015
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For Sale
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Fee-simple sale of a 100% occupied shopping center anchored by Albertsons at a hard corner with 62,000+ VPD.
Property Size19,670 SF
Price / SF$506.35
Days on Market128
Property Features for 110 N Boulder Hwy
General Information
- Standard status
- Active
- Size
- 19,670 SF
- Property subtype
- RETAIL
Listing agency
Adelphi Property Advisors LLC
(702) 755-5559
Listed by
Mica Berg · License #76067
Source
Moodyscre
Added: Mar 16 Updated: Jul 20 at 9:59PM Checked: Jul 21 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adelphi Property Advisors LLC
Investment Insights
Based on property information with market context.
Lake Mead Gateway Plaza is offered for acquisition as a fee simple shopping center with 100% occupancy anchored by Albertsons (not part of the property). The center includes multiple national and regional tenants, such as H&R Block, Capriotti’s, Freeway Insurance, and Marco’s Pizza.
The property is located at the hard corner of N Boulder Hwy and E Lake Mead Pkwy in Henderson, Nevada, with over 62,000 VPD. Lake Mead Gateway Plaza is adjacent to Cadence, a 2,200-acre master planned community.
Tenants at the property include 11 of the 14 current tenants (81% of income) that have occupied the center since 2018 or prior.
The property is located at the hard corner of N Boulder Hwy and E Lake Mead Pkwy in Henderson, Nevada, with over 62,000 VPD. Lake Mead Gateway Plaza is adjacent to Cadence, a 2,200-acre master planned community.
Tenants at the property include 11 of the 14 current tenants (81% of income) that have occupied the center since 2018 or prior.
Key Highlights
- Fee‑simple sale of Lake Mead Gateway Plaza, a 100% occupied shopping center anchored by Albertsons
- Located at the hard corner of N Boulder Hwy and E Lake Mead Pkwy in Henderson, NV with 62,000+ VPD
- Tenant mix includes H&R Block, Capriotti’s, Freeway Insurance, and Marco’s Pizza
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $672.7k | $34.20 |
| − Vacancy | −$29.6k | −$1.50 |
| EGI | $643.1k | $32.70 |
| − OpEx | −$192.9k | −$9.81 |
| NOI | $450.2k | $22.89 |
19,670 SF · lease $34.20/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.43M
$5.63M – $7.50M
NOI $450,180 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.89M
$6.03M – $8.04M
NOI $482,336 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Marco's Pizza
Restaurant
One Nevada Credit ...
Atm
Lake mead gateway ...
Shopping Center & Mall
Rent a Car Henderson ...
Car Rental Facility
The Chicken Shack (Downtown ...
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Lake mead gateway plaza — 110 North Boulder Highway 130, 170 N Boulder Hwy, Henderson, NV 89015
FAQs
What type of property is this?
Shopping center - Fee-simple sale of a 100% occupied shopping center anchored by Albertsons at a hard corner with 62,000+ VPD.
Where is this shopping center located?
The property is located at 110 N Boulder Hwy Henderson, NV.
What is the asking price?
The asking price for this property is $9,960,000.
What are key features of this property?
This property features: Fee‑simple sale of Lake Mead Gateway Plaza, a 100% occupied shopping center anchored by Albertsons; Located at the hard corner of N Boulder Hwy and E Lake Mead Pkwy in Henderson, NV with 62,000+ VPD; Tenant mix includes H&R Block, Capriotti’s, Freeway Insurance, and Marco’s Pizza
