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Anchored Shopping Center
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Pending

171 - 281 W Centennial Parkway, North Las Vegas, NV 89084

Four retail buildings offer drive-through pads, inline shops, and a service-oriented tenant mix.

Property Size38,012 SF
Lot Size6.91 Acres
Days on Market142

Property Features for 171 - 281 W Centennial Parkway

General Information

Standard status Pending
Size 38,012 SF
Lot size 6.91 Acres
Property subtype Retail
Occupancy 96%

Site & Location

Corner Location Yes
Drive-Thru Yes
Anchor Co-Tenants Dollar Tree
Highway Access Yes
Road Access Yes

Building Details

Year Built 2008
Buildings 4
Tenancy Multi
Parking Ratio 7.68 per 1,000 SF
Listing Agency: Newmark - Las Vegas
Listed By: Lauren Tabeek, CCIM · License #74477
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Apr 11 at 3:46AM

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 Newmark - Las Vegas

Investment Insights

Based on property information with market context.

Commerce Commons is a 38,012-square-foot neighborhood retail center comprising four buildings on approximately 6.91 acres, subject to pending subdivision. Constructed in 2008, the project includes a 14,180-square-foot Dollar Tree anchor, a fast-food pad with drive-through, a multi-tenant drive-through pad, and inline shop space. The center is currently 96% leased, with surface parking at approximately 7.68 spaces per 1,000 RSF.

The property occupies the southeast corner of Centennial Parkway and Commerce Street in North Las Vegas, just over one mile from the 215 Beltway and south of the newly completed Revere Street interchange. The surrounding trade area includes approximately 120,934 residents in 40,794 households within three miles, along with more than 17,600 planned or under-construction residential units. Existing destination-oriented services include general dentistry, nail and hair salons, and food and beverage businesses.

Key Highlights

  • 38,012‑square‑foot retail center on ± 6.91 acres, subject to pending subdivision
  • Currently 96% leased
  • 14,180‑square‑foot Dollar Tree anchor

Property Analytics

Current Use

Habaneros Taco Grill ... Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Dental Office 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

96%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Dining 34%
Dollar Tree Shops & Services
28,694 visits/mo 0.1 miles
Taco Bell Dining
11,928 visits/mo 0.2 miles
Circle K Shops & Services
11,578 visits/mo 0.3 miles
Buffalo Wild Wings Dining
11,126 visits/mo 0.2 miles
Roberto's Taco Shop Dining
6,846 visits/mo 0.2 miles

Demographics for 89084, NV

31,369
Population
13,211
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
14.7 sq mi
ZIP Area
2,134
Density / Sq Mi
$93,673
Median Household Income
$46,534
Median Earnings
$1,841
Median Rent
$434,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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  • EuphoricTime 675 e azure ave #2046, north las vegas, nv 89081
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Frequently Asked Questions

What type of property is this?
Shopping center - Four retail buildings offer drive-through pads, inline shops, and a service-oriented tenant mix.
Where is this shopping center located?
The property is located at 171 - 281 W Centennial Parkway North Las Vegas, NV.
What are key features of this property?
This property features: 38,012‑square‑foot retail center on ± 6.91 acres, subject to pending subdivision; Currently 96% leased; 14,180‑square‑foot Dollar Tree anchor
(702) 733-7500 Call to check price and availability
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