3011 West Lake Mead Boulevard North Las Vegas, NV 89032
Retail shopping center near Lake Mead and Simmons with redevelopment potential.
Property Features for 3011 West Lake Mead Boulevard
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Retail
Listing office MDL Group (917) 414-9558
Listing date Jan 26, 2026
Source Corfac
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Investment Insights
Based on property information with market context.
Key Highlights
- Close proximity to a large mixed‑use redevelopment project including new housing (up to 655 units), a grocery store, a new hotel, and retail stores.
- Anchored by Domino's Pizza with additional co‑tenants including a beauty salon and a smoke shop.
- ±1,600 SF fully built‑out restaurant suite available with a full kitchen including grease interceptor and hood.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.6k | $19.20 |
| − Vacancy | −$4.2k | −$0.77 |
| EGI | $101.4k | $18.43 |
| − OpEx | −$25.3k | −$4.61 |
| NOI | $76.0k | $13.82 |
