Five-Suite Shopping
8334 S Maryland Pkwy, Las Vegas, NV 89123
For Sale
New
Contact for pricing
Five fully leased suites operate under NNN agreements in a commercial center near I-215.
Property Size7,530 SF
Lot Size0.78 Acres
Price / SF$504.65
Days on Market6
Property Features for 8334 S Maryland Pkwy
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
ERA Brokers Consolidated
Listed By:
Mark Anthony Rua · License NV #26655
(702) 992-7534
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 5:55PM
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 ERA Brokers Consolidated
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Investment Insights
Based on property information with market context.
This 7,530-square-foot shopping center was built in 2018 on approximately 0.78 acres. Its five suites are fully occupied under NNN leases, providing a multi-tenant retail configuration. The property carries CG-General Commercial zoning in unincorporated Clark County’s Paradise District.
The center is near I-215, with a public park and community center across the street on the opposite side of the property.
The center is near I-215, with a public park and community center across the street on the opposite side of the property.
Key Highlights
- 7,530 square feet on approximately 0.78 acres
- Five suites, all occupied under NNN leases
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,993
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,399,860
$3.4M
Cap Rate 7%
$2,428,471
$2.4M
Cap Rate 9%
$1,888,811
$1.9M
Market Conditions
NOI Build-Up for 7,530 SF
Gross rent
$257.5K $34.20/SF
− Vacancy
−$14.7K −$1.95/SF
EGI
$242.8K $32.25/SF
− OpEx
−$72.9K −$9.68/SF
NOI
$170.0K $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 Rate 5%
$3,399,860
Cap Rate 7%
$2,428,471
Cap Rate 9%
$1,888,811
Alternative Uses
Best Use
Retail
$2.43M
$2.12M – $2.83M
NOI $169,993 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.60M
$2.28M – $3.04M
NOI $182,135 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89123, NV
55,584
Population
25,246
Households
2.2
Avg Household Size
42
Median Age
32%
College-Educated
92%
High-School Grad
10.4 sq mi
ZIP Area
5,345
Density / Sq Mi
$80,992
Median Household Income
$46,838
Median Earnings
$1,641
Median Rent
$424,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Shopping centers in Las Vegas
Vacancy Rate% for Retail in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Shopping center - Five fully leased suites operate under NNN agreements in a commercial center near I-215.
Where is this shopping center located?
The property is located at 8334 S Maryland Pkwy Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 7,530 square feet on approximately 0.78 acres; Five suites, all occupied under NNN leases; Built in 2018
