Albertsons Anchored Retail
For Sale
Contact for pricing
4830 W Craig Rd, Las Vegas, NV
Retail space in Albertsons anchored shopping center for lease.
Property Size6,211 SF
Lot Size1.18 Acres
Price / SF$563.52
Days on Market413
Property Features for 4830 W Craig Rd
General Information
Standard status
Active
Size
6,211 SF
Lot size
1.18 Acres
Property subtype
RETAIL
Listing Agency:
Logic Commercial Real Estate | Las Vegas
(702) 888-3500
Listed By:
Sean Margulis · License #70247
(702) 340-4251
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Sep 4
Last Checked: Sep 15 at 5:19AM
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 Logic Commercial Real Estate | Las Vegas
Investment Insights
Based on property information with market context.
This retail space is located within an Albertsons-anchored shopping center. The property benefits from a high population density in the surrounding area. The tenant mix includes both national and local businesses, such as Albertsons, Urgent Care Extra, Styles 4 Less, Subway, Papa Murphy’s, Great Clips, and H&R Block. The property offers 6211 square feet of space and is suitable for retail and shopping center use.
Key Highlights
- Albertsons Anchored Shopping Center
- Strong tenant mix of National and Local tenants
- High population density
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$140,216
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,804,320
$2.8M
Cap Rate 7%
$2,003,086
$2.0M
Cap Rate 9%
$1,557,956
$1.6M
Market Conditions
NOI Build-Up for 6,211 SF
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.
Gross rent
$212.4K $34.20/SF
− Vacancy
−$12.1K −$1.95/SF
EGI
$200.3K $32.25/SF
− OpEx
−$60.1K −$9.68/SF
NOI
$140.2K $22.58/SF
Area
Las Vegas, NV
Vacancy
5.70%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,804,320
Cap Rate 7%
$2,003,086
Cap Rate 9%
$1,557,956
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.34M
NOI $140,216 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,231 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
108k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Groceries 34%
Dining 23%
Apparel 6%
Albertsons
Groceries
36,869 visits/mo
0.1 miles
Dollar Tree
Shops & Services
13,967 visits/mo
0.1 miles
SONIC Drive In
Dining
12,773 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,400 visits/mo
0.1 miles
Citi Trends
Apparel
6,081 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- North Ranch Plaza — 4929 W Craig Rd, Las Vegas, NV 89130
- Nevada DMV Now Kiosk — 4850 W Craig Rd, Las Vegas, NV 89130
- Coinstar Kiosk | Bitcoin ATM — Albertsons, 4850 W Craig Road, Las Vegas, NV 89130
- 4444 Center — 4444 W Craig Rd, North Las Vegas, NV 89032
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space in Albertsons anchored shopping center for lease.
Where is this shopping center located?
The property is located at 4830 W Craig Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Albertsons Anchored Shopping Center; Strong tenant mix of National and Local tenants; High population density
