Value-Add Shopping Center with 95%
For Sale
Contact for pricing
Pending
400 Riverside Rd, Mesquite, NV 89027
Shopping center offering 95% occupancy and annual NOI of $263,103, with value-add potential via below-market rents.
Property Size28,080 SF
Lot Size1.59 Acres
Days on Market138
Property Features for 400 Riverside Rd
General Information
Standard status
Pending
Size
28,080 SF
Lot size
1.59 Acres
Property subtype
Retail
Occupancy
95%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Regency Realty Investments LLC
(725) 332-8111
Listed By:
Marcie Hansen · License #NV B.0145866 | CA 01824108
Source:
Crexi
Added: Apr 13
Changed: Aug 11
Last Checked: Aug 24 at 6:55AM
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 Regency Realty Investments LLC
Investment Insights
Based on property information with market context.
This shopping center at 400 Riverside Rd in Mesquite spans approximately 1.59 acres and totals about 128,080 SF. The property is currently 95% occupied and includes service-oriented retail tenants, supporting a steady income stream. The seller notes value-add potential through increasing this shopping center’s below-market rents.
The center is positioned at the prominent Riverside Rd & Hafen Ln intersection in the Las Vegas Metro area. It is described as having strong visibility and easy access to the 15 freeway, and it is located near the CasaBlanca Resort and Casino.
From an investor perspective, the property’s stated annual NOI is $263,103, with the opportunity to improve returns by moving rents toward market levels.
The center is positioned at the prominent Riverside Rd & Hafen Ln intersection in the Las Vegas Metro area. It is described as having strong visibility and easy access to the 15 freeway, and it is located near the CasaBlanca Resort and Casino.
From an investor perspective, the property’s stated annual NOI is $263,103, with the opportunity to improve returns by moving rents toward market levels.
Key Highlights
- ±28,080 SF shopping center on 1.59 acres at the Riverside Rd & Hafen Ln intersection in Mesquite, NV
- 95% occupancy with annual NOI of $263,103
- Value‑add potential by increasing the shopping center’s below‑market rents
Property Analytics
Property Profile
Current Use
Lease Details
95%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89027, NV
17,547
Population
9,972
Households
1.8
Avg Household Size
59
Median Age
22%
College-Educated
89%
High-School Grad
12.5 sq mi
ZIP Area
1,404
Density / Sq Mi
$71,176
Median Household Income
$35,938
Median Earnings
$1,106
Median Rent
$343,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offering 95% occupancy and annual NOI of $263,103, with value-add potential via below-market rents.
Where is this shopping center located?
The property is located at 400 Riverside Rd Mesquite, NV.
What are key features of this property?
This property features: ±28,080 SF shopping center on 1.59 acres at the Riverside Rd & Hafen Ln intersection in Mesquite, NV; 95% occupancy with annual NOI of $263,103; Value‑add potential by increasing the shopping center’s below‑market rents
