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Restaurant Space in Established Area
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8515 S Eastern Ave, Las Vegas, NV 89123

Restaurant space with high visibility and traffic in Las Vegas.

Space Size1,248 SF
Days on Market636

Property Features for 8515 S Eastern Ave

General Information

Standard status Active
Size 1,248 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 8515 S Eastern Ave Contact us

Suite 103

Size
1,248 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: LOGIC Commercial Real Estate
Listed By: Cooper Powell · License #BS.0145955.LLC
Source: Crexi
Added: Nov 25, 2024 Changed: Aug 13 Last Checked: Aug 23 at 4:23AM

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

Investment Insights

Based on property information with market context.

This 1,248 square foot restaurant space is located in a mature suburban area at the corner of Wigwam and Eastern Avenues. The property benefits from high visibility and traffic counts exceeding 47,300 cars per day. The location is conveniently accessed via the nearby CC-215 freeway, which experiences approximately 176,000 cars daily. The surrounding area has a strong demographic base, with over 345,000 residents in the vicinity. Current tenants include Village Pub, Check City, and Fuzzy Dice, creating a synergistic mix of retail options. This location presents an opportunity for a new restaurant or retail operator to join this established medical/commercial district.

Key Highlights

  • Exceptional visibility at the corner of Wigwam and Eastern Avenues with high traffic counts (over 47,300 cars per day).
  • Located in a mature suburban area with strong demographics (over 345,000 residents).
  • Convenient access to the CC‑215 freeway (approximately 176,000 cars passing by daily).

Property Analytics

Current Use

Village Pub & Poker Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store Storage Facility

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

NNN (Triple Net)
Lease Type
$4.68 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,501
Businesses Nearby
152k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Groceries 31% Dining 23% Beauty & Spa 1%
Smith's Groceries
47,887 visits/mo 0.4 miles
Dollar Tree Shops & Services
26,218 visits/mo 0.0 miles
Smith's Fuel Center Shops & Services
16,733 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
16,018 visits/mo 0.4 miles
IHOP Dining
11,014 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space with high visibility and traffic in Las Vegas.
Where is this restaurant located?
The property is located at 8515 S Eastern Ave Las Vegas, NV.
What is the lease rate?
The lease rate is $31.20 SF/Yr.
What are key features of this property?
This property features: Exceptional visibility at the corner of Wigwam and Eastern Avenues with high traffic counts (over 47,300 cars per day).; Located in a mature suburban area with strong demographics (over 345,000 residents).; Convenient access to the CC‑215 freeway (approximately 176,000 cars passing by daily).
(702) 954-4154 Call to check price and availability
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