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    North Las Vegas, NV 89032

    For Lease
    Contact for pricing

    North Las Vegas Restaurant/Retail Opportunity

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional North Las Vegas retail property offers 7,000 square feet of vacant space across multiple units, situated on a 3.84-acre lot at the highly visible intersection of Craig and Simmons Streets. Zoned C-1, this location boasts excellent ingress and egress, strong traffic counts, and a dense residential population, creating a prime opportunity for restaurants and retail businesses. The property features the potential for drive-thru access, making it ideal for quick-service restaurants. A ground lease is preferred, but build-to-suit options will be considered for qualified national tenants. Its strategic location near a Walmart and a new EOS location, coupled with proximity to rapidly growing residential communities, ensures high visibility and strong potential for success. The property's APN is 139-05-601-040, 139-05-601-043, and 139-05-601-044, and is located in the Northwest Las Vegas submarket of Clark County, Nevada, with a zip code of 89032. This is a rare opportunity to establish a thriving business in a rapidly expanding area.

    Property Features for 0

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Unit(s) available at that property

    Space
    Pad B
    Size
    5,000 SF
    Space
    Pad A
    Size
    7,000 SF

    HighLights

    • 7,000 SF of vacant retail space on a 3.84‑acre lot at Craig & Simmons Streets, North Las Vegas.
    • Excellent drive‑thru potential in a high‑traffic area with strong ingress/egress.
    • Located near Walmart and a new EOS location, surrounded by new residential communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1800554
    Latitude
    36.2393611

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    FAQs

    What type of property is this?
    Retail property - North Las Vegas Restaurant/Retail Opportunity
    Where is this retail property located?
    The property is located at North Las Vegas, NV.
    What are key features of this property?
    This property features: 7,000 SF of vacant retail space on a 3.84-acre lot at Craig & Simmons Streets, North Las Vegas.; Excellent drive-thru potential in a high-traffic area with strong ingress/egress.; Located near Walmart and a new EOS location, surrounded by new residential communities.
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    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
    North Las Vegas, NV 89032
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