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    5693 Jones Blvd Las Vegas, NV 89118

    Sponsored
    For Lease
    $24 SF/Yr

    High-traffic retail center, excellent visibility

    Lot size:
    45,438 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Las Vegas investment opportunity presents a 45,438 square foot, multi-tenant retail center situated on a prominent 3.57-acre corner lot at the Northwest corner of Jones and Russell Boulevards. The property, known as Spanish Palms Plaza, comprises two single-story buildings constructed in 2007 and classified as Class B. Currently, there is 2,200 square feet of vacant space available, offering a chance for new businesses to join a thriving mix of established tenants including Wingstop, UPS Store, Subway, Mr. Mama's restaurant, Matiki Island Grill, and State Farm. The property benefits from its location in a high-traffic area of Southwest Las Vegas, with convenient access to the 215 and 15 freeways. The zoning is CG, and the property features a total of 45,438 square feet across two buildings. The property's APN is 163.26.818.001/002. Ideal for restaurants, coffee shops, medical offices, and retailers seeking to capitalize on strong demographics and high traffic counts. The property is located in Las Vegas, Nevada, zip code 89118. Please inquire for details.

    Property Features for 5693 Jones Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,438 SF
    Class
    B
    Total Rate
    90876

    Building Details

    Year Built
    2007
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    000
    Size
    2,200 SF
    Rate per SF
    $24
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Aaron Bulleigh Dentist Mentor Network Social Services Organization Spanish Palms Plaza Shopping Mall Shred Nations Shredding Service Margaret Dombrowski Nutritionist

    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
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2258283
    Latitude
    36.0856385

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail center, excellent visibility
    Where is this restaurant located?
    The property is located at 5693 Jones Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    Request Owner's contact information
    5693 Jones Blvd Las Vegas, NV 89118
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    Las Vegas, NV 89118
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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
    5693 Jones Blvd Las Vegas, NV 89118
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