Building Details

Year Built 2006

Tenancy Multi

Listing Agency: Colliers - Las Vegas, Nevada A***@colliers.com Show Phone

Listed By: Deana Marcello · License #NV 174174

Source: Crexi

Added: Apr 13 Changed: Aug 14 Last Checked: Aug 14 at 8:01AM

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Investment Insights

Based on property information with market context.

Rocksprings Plaza is a stabilized, multi-tenant retail shopping center developed in 2006 and maintained with ongoing property improvements, including LED lighting, a pylon sign, and landscape upgrades with turf throughout the asset. The center is currently 90% leased with NNN lease structures.

The property is located at the signalized intersection of W. Lake Mead Blvd. and Rock Springs Dr., offering approximately 500+ feet of linear frontage on Lake Mead Blvd. It is also about 750 feet from US-95 Freeway. Reported traffic counts exceed 159,000 CPD on Lake Mead Blvd. Lease terms include staggered lease expirations and annual rent increases, and the listing notes an average annual rental rate of $34.11 PSF NNN.

Rocksprings Plaza is surrounded by an affluent northwest Las Vegas trade area, and the listing cites nearby points of interest including Mountainview Hospital, Summerlin Hospital, Suncoast Hotel Casino, Rampart Hotel Casino, and Bettye Wilson Soccer Complex.

Key Highlights

• +/- 39,329 SF stabilized, multi‑tenant retail center developed in 2006
• 90% leased with NNN leases featuring annual rent increases and staggered lease expirations
• +/- 500 ft of linear frontage on W. Lake Mead Blvd plus +/- 750 ft from US‑95

Property Analytics

Property Profile

Current Use

Fix It Right ... General Contractor Rocksprings Dental Group Dental Office Dr. Jamie Toop Dental Office Telsa Solar Production Facility Dr. Amanda Elpers Dental Office

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant Kitchen & Bath Showroom

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

159,000 VPD

Traffic count

90%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,857

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Shopping center - Multi-tenant retail center built in 2006, 90% leased on NNN leases with extensive Lake Mead Blvd frontage.

Where is this shopping center located?

The property is located at 7175 W Lake Mead Blvd Las Vegas, NV.

What are key features of this property?

This property features: +/- 39,329 SF stabilized, multi‑tenant retail center developed in 2006; 90% leased with NNN leases featuring annual rent increases and staggered lease expirations; +/- 500 ft of linear frontage on W. Lake Mead Blvd plus +/- 750 ft from US‑95