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    2131 Rock Springs Dr Las Vegas, NV 89128

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    For Sale
    $4,736,000

    New construction retail space with freeway access and strong population.

    Property size:
    5,525 SF
    Lot size:
    1.13 Acres

    Property Features for 2131 Rock Springs Dr

    General Information

    Size
    5,525 SF
    Lot size
    1.13 Acres

    Source: Colliers | Las Vegas Agent Adam Malan

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

    Overview

    New Retail Space For Sale

    This retail property features new construction planned for 2025. The property benefits from a 20-year absolute NNN ground lease with a corporate guaranty. Rental increases are structured at 10% every 5 years, including option periods. The location provides immediate access to the I-11 Freeway, with traffic counts of approximately 181,000 vehicles per day. Situated at the major signalized intersection of Lake Mead Boulevard and Rock Springs Drive, the location sees approximately 55,210 vehicles per day. The property is located in an area with a strong daytime population of approximately 397,814 within a 5-mile radius. The property has a size of 5,525 square feet.
    Location Intelligence

    Current Use by Public Records

    Crab Island Seafood Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.248472
    Latitude
    36.197407

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    FAQs

    What type of property is this?
    Retail space - New construction retail space with freeway access and strong population.
    Where is this retail space located?
    The property is located at 2131 Rock Springs Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $4,736,000.
    What are key features of this property?
    This property features: - Brand new 2025 construction with 20-year absolute NNN ground lease and corporate guaranty; - Immediate I-11 freeway off-ramp access (\u00b1181,000 VPD); - 10% rental increases every 5 years, including options
    (702) 735-5700
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    2131 Rock Springs Dr Las Vegas, NV 89128
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    Las Vegas, NV 89128
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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
    2131 Rock Springs Dr Las Vegas, NV 89128
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