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    240 S Decatur Blvd Las Vegas, NV 89107

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    For Lease
    $1.35 SF/Yr

    Retail center with high-profile tenants and future development potential.

    Property size:
    1,400 SF
    Lot size:
    7.12 Acres

    Property Features for 240 S Decatur Blvd

    General Information

    Size
    1,400 SF
    Lot size
    7.12 Acres

    Source: Newmark | Las Vegas Agent Michael L. Zobrist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center Near US-95

    This 84,425 square foot retail center is located directly off US-95 at Decatur Blvd. Anchored by the Southern Nevada Health District headquarters, notable tenants include Planet Fitness and Pizza Hut. Tesla Motors has completed the installation of over 20 Tesla Supercharger stations at the center. The property is centrally located in an established infill area of the Las Vegas valley. Retailers in the surrounding area include Dutch Bros, Dillard’s, Macy’s, Cardenas, Curacao, Ross, and Red Lobster. There are 480 new multi-family and senior housing units directly adjacent to the center, with an additional 334 multi-family units under construction across Decatur Blvd. Pylon signage is available on Decatur Boulevard. A future two-tenant QSR pad is planned, adding restaurant options to the center. Available space is approximately 1400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McDermott Funeral & Cremation ... Funeral Home Compassionate Adult Day ... Adult Day Care Center Perfect Eyebrows Beauty Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Wilshire Plaza, David Levy Marurama, RED ROCK PLAZA, Decatur Inn Plaza, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.206058
    Latitude
    36.170835

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    FAQs

    What type of property is this?
    Shopping center - Retail center with high-profile tenants and future development potential.
    Where is this shopping center located?
    The property is located at 240 S Decatur Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $1.35 SF/Yr.
    What are key features of this property?
    This property features: - Tesla Supercharger station installation creates a captive, daily customer base.; - Anchored by Southern Nevada Health District headquarters, Planet Fitness, and Pizza Hut.; - Located directly off US-95 at Decatur Blvd in a centrally located, established infill area.
    (702) 733-7500
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    240 S Decatur Blvd Las Vegas, NV 89107
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    Las Vegas, NV 89107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 S Decatur Blvd Las Vegas, NV 89107
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