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NNN Leased Retail Shopping Center
For Sale
Contact for pricing
Pending

7591 W Washington Ave, Las Vegas, NV 89128

Fee simple sale of an NNN-leased retail shopping center anchored by Trader Joe’s on a hard corner.

Property SizeContact for details
Days on Market125

Property Features for 7591 W Washington Ave

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Faris Lee Investments
Listed By: Thomas Chichester · License #CA 01915137
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 10:09AM

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 Faris Lee Investments

Investment Insights

Based on property information with market context.

Faris Lee Investments presents the opportunity to acquire the fee simple interest (land and building) in the NNN leased Summerlin Shops. The center consists of multiple Trader Joe’s anchored retail shops with a tenant lineup focused on daily-needs and food-oriented retailers.

Summerlin Shops is positioned on the hard corner of a Trader Joe’s anchored center. The property fronts W Washington Avenue and N Buffalo Drive at a busy intersection with approximately 61,000 VPD, and it also provides direct on/off ramp access from Highway 613, noted as approximately 105,000 VPD.

This location serves the Summerlin area retail and professional services demand described in the offering, within a dense Las Vegas trade area with a population of over 178,055 residents within 3 miles, based on the information provided.

Key Highlights

  • Fee simple sale of an NNN‑leased retail shopping center anchored by Trader Joe’s on a hard corner
  • Located at W Washington Avenue and N Buffalo Drive (61,000 VPD) with direct on/off ramp access from Highway 613 (105,000 VPD)
  • Serves the Summerlin trade area, with over 178,055 residents within 3 miles

Property Analytics

Current Use

Kono's Northshore - Summerlin ... Restaurant Alternative Solutions (Bike/Boat/Book/etc) Store The Vapery + CBD (Bike/Boat/Book/etc) Store Simplicity Laser Skin Care Clinic

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Dental Office Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89128, NV

37,882
Population
16,840
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
6,314
Density / Sq Mi
$70,641
Median Household Income
$41,581
Median Earnings
$1,621
Median Rent
$378,600
Median Home Value

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fee simple sale of an NNN-leased retail shopping center anchored by Trader Joe’s on a hard corner.
Where is this shopping center located?
The property is located at 7591 W Washington Ave Las Vegas, NV.
What are key features of this property?
This property features: Fee simple sale of an NNN‑leased retail shopping center anchored by Trader Joe’s on a hard corner; Located at W Washington Avenue and N Buffalo Drive (61,000 VPD) with direct on/off ramp access from Highway 613 (105,000 VPD); Serves the Summerlin trade area, with over 178,055 residents within 3 miles
More about this property
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