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    4116 Craig Rd North Las Vegas, NV 89032

    Sponsored
    For Lease
    $18 SF/Yr

    North Las Vegas retail center, high traffic.

    Lot size:
    7,253 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This North Las Vegas retail property, Craig Valley Plaza, offers three available spaces totaling 12,984 square feet in a vibrant strip center. Located at 4116 W Craig Rd, 89032, the property boasts excellent visibility and frontage on West Craig Road, experiencing over 53,000 cars per day. The spaces range from 1,600 to 2,850 square feet and are contiguous, allowing for flexible configurations to suit various business needs. A former hair/nail salon space of approximately 2,850 square feet is available. The center is anchored by established businesses including Denny's, Meadow's Eye Care, and Mighty Smiles Dentistry, ensuring a strong tenant mix and high foot traffic. Surrounding amenities include popular restaurants like Papa John's Pizza, PDQ, and Sonic Drive-Thru, along with pharmacies (Walgreens, CVS), TireWorks, and PT's Pub. The property benefits from its proximity to daycare centers, elementary schools, and medical and veterinary services. The area demonstrates strong demographics, with an average household income exceeding $85,242 within a 3-mile radius, providing a substantial customer base. Built in 2000, this 4.48-acre property presents a compelling opportunity for retail businesses seeking a prime location in a thriving community. The property is located in Clark County, Nevada.

    Property Features for 4116 Craig Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,253 SF

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    4210-108
    Size
    2,000 SF
    Rate per SF
    $24
    Space
    4210-110
    Size
    2,850 SF
    Rate per SF
    $24
    Space
    4220-100
    Size
    2,403 SF
    Rate per SF
    $24

    HighLights

    • Strong tenant mix including Denny's, Domino's Pizza, and other national and local businesses.
    • High visibility and prominent frontage on West Craig Road.
    • Ample parking with a 5.2:1,000 ratio (380 spaces total).
    Property Profile Location Intelligence

    Current Use by Public Records

    Christopher Ngo, OD Doctor Desert Vision & Eye ... Optometrist Jennifer A. Jensen, OD Optometrist Donald S. Mazzulla, ... Optometrist Advanced Chiropractic Spec Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.19576312417
    Latitude
    36.239283092604

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    FAQs

    What type of property is this?
    Neighborhood center - North Las Vegas retail center, high traffic.
    Where is this neighborhood center located?
    The property is located at 4116 Craig Rd North Las Vegas, NV.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Strong tenant mix including Denny's, Domino's Pizza, and other national and local businesses.; High visibility and prominent frontage on West Craig Road.; Ample parking with a 5.2:1,000 ratio (380 spaces total).
    Request Owner's contact information
    4116 Craig Rd North Las Vegas, NV 89032
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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
    4116 Craig Rd North Las Vegas, NV 89032
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