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Grocery-Anchored Shopping Center
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7208-7290 W Lake Mead Blvd, Las Vegas, NV 89128

Four-building retail property includes a grocery anchor and ground lease structure.

Property SizeContact for details
Days on Market144

Property Features for 7208-7290 W Lake Mead Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Orange County
Listed By: Preston Fetrow · License #CA 00923282
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:41PM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

The leasehold interest includes a 90,373-square-foot retail center comprising four buildings and anchored by a 27,000-square-foot Whole Foods. The property provides 4.85 parking spaces per 1,000 SF and was constructed in 1999. Whole Foods has executed a renewal option through 2023.

The center is located at 7208-7290 W Lake Mead Blvd in Las Vegas, approximately 12 miles from the Las Vegas Strip. Route 95 and Route 613 are nearby, supporting access to downtown Las Vegas, while the property benefits from approximately 150,000 passing vehicles per day.

The ground lease carries a 50-year term with two 5-year tenant extension options. The offering consists of the leasehold interest in the grocery-anchored retail center.

Key Highlights

  • 90,373‑square‑foot retail center with four buildings
  • 27,000‑square‑foot Whole Foods grocery anchor
  • 4.85 parking spaces per 1,000 SF

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Restaurant Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby
Balanced
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Four-building retail property includes a grocery anchor and ground lease structure.
Where is this shopping center located?
The property is located at 7208-7290 W Lake Mead Blvd Las Vegas, NV.
What are key features of this property?
This property features: 90,373‑square‑foot retail center with four buildings; 27,000‑square‑foot Whole Foods grocery anchor; 4.85 parking spaces per 1,000 SF
(415) 772-0448 Call to check price and availability
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