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    8515 Eastern Ave Las Vegas, NV 89123

    For Lease
    $36 SF/Yr

    High-traffic Las Vegas retail space available.

    Lot size:
    1,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,248-square-foot inline retail space is located at 8515 S Eastern Ave, Las Vegas, NV 89123, on the highly visible corner of Eastern Avenue and Wigwam. The property is situated in a thriving Southeast Las Vegas submarket, benefiting from exceptional visibility and high traffic counts exceeding 47,300 vehicles daily on Eastern Avenue. Convenient access is provided by the nearby CC-215 freeway, carrying approximately 176,000 vehicles daily. This single-story building offers a prime opportunity for a new business to thrive within a well-established commercial district. The area boasts strong demographics, with over 345,000 residents within close proximity. Current tenants include Village Pub, Check City, and Fuzzy Dice, creating a synergistic retail environment. This space is ideal for a restaurant or other retail operator seeking a location with high visibility and significant foot traffic in a densely populated area. The property is part of a one-building complex. This is a rare opportunity to secure a prominent retail space in a high-demand location.

    Property Features for 8515 Eastern Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,248 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 103
    Size
    1,248 SF
    Rate per SF
    $36

    HighLights

    • 1,248 SF restaurant space available in Suite 103.
    • Strong tenant mix including Village Pub, Check City, and Fuzzy Dice.
    • Located in a thriving medical/retail center.
    • High‑visibility corner location at Wigwam and Eastern Avenues in established suburban area.
    • Exceptional visibility and high traffic counts (47,300 CPD).
    • Convenient freeway access (CC‑215, 176,000 CPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Village Pub & Poker Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.11870226414
    Latitude
    36.034187265141

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Las Vegas retail space available.
    Where is this individual retail property located?
    The property is located at 8515 Eastern Ave Las Vegas, NV.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 1,248 SF restaurant space available in Suite 103.; Strong tenant mix including Village Pub, Check City, and Fuzzy Dice.; Located in a thriving medical/retail center.
    Request Owner's contact information
    8515 Eastern Ave Las Vegas, NV 89123
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    Las Vegas, NV 89123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8515 Eastern Ave Las Vegas, NV 89123
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