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Lowe’s-Anchored Retail Center
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7550 W Washington Ave, Las Vegas, NV 89128

Lowe’s anchored multi-tenant retail center with six buildings and major retail tenants within a dense NW Las Vegas suburb.

Property Size172,029 SF
Days on Market135

Property Features for 7550 W Washington Ave

General Information

Standard status Active
Size 172,029 SF
Property subtype Retail

Site & Location

Traffic Count 224,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2000
Tenancy Multi
Listing Agency: Colliers - Las Vegas, Nevada
Listed By: Deana Marcello · License #NV 174174
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Aug 14 at 8:05AM

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 Colliers - Las Vegas, Nevada

Investment Insights

Based on property information with market context.

For sale: the leasehold interest in Buffalo Square, a Lowe’s-anchored multi-tenant retail center comprising six separate buildings. The property includes a total of 172,029 SF of multi-tenant retail space and was originally constructed in 2000. The asset sits on a 55-year ground lease structure with an expiration in November 2053, and includes four 10-year options, leaving approximately 73 years of remaining ground lease term.

Buffalo Square is located just north of Summerlin Parkway, a major thoroughfare connecting nearby Summerlin communities and the US-95 Freeway. The property is at the northeast corner of N. Buffalo Dr. and W. Washington Ave. with combined traffic counts reported in excess of 224,000 CPD.

Notable tenants include Lowe’s, McDonald’s, 7-Eleven, and O’Reilly Auto Parts.

Key Highlights

  • Lowe’s‑anchored multi‑tenant retail center with 6 buildings and 172,029 SF
  • Leasehold interest in Buffalo Square, originally constructed in 2000
  • Situated at the NE corner of N. Buffalo Dr. and W. Washington Ave.

Property Analytics

Current Use

Lowe's Garden Center Garden Center Pancho's Restaurant Indoor Lumber Yard Big Box & Wholesale Store KeyExpress Locksmiths Locksmith Buen Sazon Restaurant

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Hair Salon

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

224,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

941
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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Lowe’s anchored multi-tenant retail center with six buildings and major retail tenants within a dense NW Las Vegas suburb.
Where is this shopping center located?
The property is located at 7550 W Washington Ave Las Vegas, NV.
What are key features of this property?
This property features: Lowe’s‑anchored multi‑tenant retail center with 6 buildings and 172,029 SF; Leasehold interest in Buffalo Square, originally constructed in 2000; Situated at the NE corner of N. Buffalo Dr. and W. Washington Ave.
(702) 735-5700 Call to check price and availability
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