Anchored Retail Marketplace
For Sale
Contact for pricing
8205 W Warm Springs Road, Las Vegas, NV 89113
Shopping center anchored by Smith’s Food & Drug with a fuel center amenity and a 99% leased tenant roster.
Property SizeContact for details
Lot Size12.46 Acres
Days on Market125
Property Features for 8205 W Warm Springs Road
General Information
Standard status
Active
Lot size
12.46 Acres
Property subtype
Retail, Land
Occupancy
99%
Additional Details
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Las Vegas, Nevada
(702) 796-7900
Listed By:
Marlene Fujita · License #S.0054013
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 5:04PM
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 Cushman & Wakefield - Las Vegas, Nevada
Investment Insights
Based on property information with market context.
Desert Marketplace is a retail shopping center anchored by Smith’s Food & Drug, a Kroger wholly owned subsidiary. Smith’s recently executed a long-term lease for the anchor space (25 years with five, 10-year options), with rent anticipated to commence in the third quarter of 2018, replacing former grocer Glazier’s. Smith’s also executed a similar term lease for its fuel center amenity.
The center is located on the southeast corner of Warm Springs Road and Durango Drive, directly across the street from St. Rose Dominican Hospital, a 147-bed facility. The property is described as serving the Summerlin South and Rhodes Ranch master planned communities.
Desert Marketplace is presented as 99% leased and includes credit tenants such as Walgreens, TJ Maxx, HomeGoods, Petco, Big 5, and Chase Bank. The asset totals approximately ±12.46 acres, with roughly 7.8 acres remaining available for future development, and offers may be considered for the asset as a whole or with the land sold separately.
The center is located on the southeast corner of Warm Springs Road and Durango Drive, directly across the street from St. Rose Dominican Hospital, a 147-bed facility. The property is described as serving the Summerlin South and Rhodes Ranch master planned communities.
Desert Marketplace is presented as 99% leased and includes credit tenants such as Walgreens, TJ Maxx, HomeGoods, Petco, Big 5, and Chase Bank. The asset totals approximately ±12.46 acres, with roughly 7.8 acres remaining available for future development, and offers may be considered for the asset as a whole or with the land sold separately.
Key Highlights
- Retail center anchored by Smith’s Food & Drug (Kroger subsidiary) with a 25‑year lease term and five 10‑year options
- 99% leased tenant roster includes Walgreens, TJ Maxx, HomeGoods, Petco, Big 5, and Chase Bank
- Fuel center amenity leased with a similar long‑term lease structure, reflecting ongoing commitment
Property Analytics
Current Use
Lease Details
99%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 89113, NV
35,829
Population
16,151
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$48,342
Median Earnings
$1,759
Median Rent
$463,900
Median Home Value
Market
Vacancy Rate% for Retail in Las Vegas, NV
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Similar Off Market Nearby
- Rhodes Ranch Town Center — 7415 S Durango Dr, Las Vegas, NV 89113
- Rhodes Ranch Plaza — 8795 W Warm Springs Rd, Las Vegas, NV 89148
- Durango Springs Plaza — 8530 W Warm Springs Rd, Las Vegas, NV 89113
- Coinstar Kiosk | Bitcoin ATM — Safeway, 7405 S Durango Dr, Las Vegas, NV 89113
- Coinstar Kiosk | Bitcoin ATM — Glazier's Food Marketplace, 8525 W. Warm Springs Rd, Las Vegas, NV 89113
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center anchored by Smith’s Food & Drug with a fuel center amenity and a 99% leased tenant roster.
Where is this shopping center located?
The property is located at 8205 W Warm Springs Road Las Vegas, NV.
What are key features of this property?
This property features: Retail center anchored by Smith’s Food & Drug (Kroger subsidiary) with a 25‑year lease term and five 10‑year options; 99% leased tenant roster includes Walgreens, TJ Maxx, HomeGoods, Petco, Big 5, and Chase Bank; Fuel center amenity leased with a similar long‑term lease structure, reflecting ongoing commitment
