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    8401 Lake Mead Blvd Las Vegas, NV 89128

    For Lease
    $30 SF/Yr

    36,390 SF Retail Center, Great Location

    Lot size:
    36,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 36,390-square-foot retail center situated on a 3.42-acre lot in Las Vegas, Nevada. Built in 1994, the property comprises four single-story buildings and is zoned P-C Planned Community (City of Las Vegas), offering flexibility for various retail uses. The center boasts a strong tenant mix, including restaurants, fitness facilities, salon suites, and dental practices, catering to the high-demand daily needs of the surrounding community. Located at 8401 W Lake Mead Blvd, 89128, this property benefits from its prime location along a busy retail corridor, surrounded by major national retailers such as Smith's, Whole Foods, Sprouts Farmers Market, EOS Fitness, Walgreens, Big Lots, and 99 Cent Only. The affluent surrounding neighborhood boasts average household incomes exceeding $127,000 annually within a one-mile radius, ensuring a robust customer base. To further enhance visibility and tenant signage, ownership is currently constructing a new monument sign along Lake Mead Boulevard. This well-established retail center presents a compelling investment opportunity with significant potential for growth and strong returns. The property's APN is 138-20-614-004.

    Property Features for 8401 Lake Mead Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,390 SF
    Total Rate
    90975

    Building Details

    Year Built
    1994
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    8475 - Freestanding Pad Building
    Size
    6,000 SF
    Space
    8437 - Suite Inline Retail Space
    Size
    1,660 SF
    Rate per SF
    $30

    HighLights

    • 36,390‑square‑foot retail center on a 3.42‑acre lot in Las Vegas, NV.
    • Features a 6,000‑square‑foot freestanding building with Lake Mead Boulevard frontage.
    • Strong tenant mix including restaurants, fitness, salons, and dental practices.
    • Prime location on a busy retail corridor near major national retailers like Smith's, Whole Foods, and Walgreens.
    • Affluent demographics with average household incomes exceeding $127,000 within a one‑mile radius.
    • New monument sign under construction to enhance tenant visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mr Moonwalk Inflatables ... Party Equipment Rental Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -115.2803994
    Latitude
    36.19806281273

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    FAQs

    What type of property is this?
    Retail property - 36,390 SF Retail Center, Great Location
    Where is this retail property located?
    The property is located at 8401 Lake Mead Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $0.00-$30 SF/Yr.
    What are key features of this property?
    This property features: 36,390-square-foot retail center on a 3.42-acre lot in Las Vegas, NV.; Features a 6,000-square-foot freestanding building with Lake Mead Boulevard frontage.; Strong tenant mix including restaurants, fitness, salons, and dental practices.
    Request Owner's contact information
    8401 Lake Mead Blvd Las Vegas, NV 89128
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    Las Vegas, NV 89128
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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
    8401 Lake Mead Blvd Las Vegas, NV 89128
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