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    4990 Craig Rd Las Vegas, NV 89130

    Sponsored
    For Lease
    $21 SF/Yr

    Grocery-anchored center, prime NW Las Vegas location.

    Lot size:
    170,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Rancho Alta Mira Plaza presents a compelling investment opportunity in a thriving Northwest Las Vegas location. This grocery-anchored shopping center, situated at the highly visible intersection of Craig Road and Decatur Boulevard, offers exceptional visibility and accessibility. The center comprises three buildings totaling 170,126 square feet, with a current vacancy of 4,447 square feet spread across four available spaces. The property benefits from a strong tenant mix including a major Albertsons grocery store, along with national brands such as Great Clips, Speedway, H&R Block, Vitalant, and Papa Murphy's. This ensures consistent foot traffic and a stable income stream. The strategic location at the signalized intersection of Craig Road and Decatur Boulevard sees over 60,000 vehicles daily, providing unparalleled exposure to potential customers. Its proximity to the 95 Freeway and the Centennial Hills master-planned community further enhances its appeal. The property is zoned C-1 and has the APN numbers 138-01-619-005, 138-01-619-003, and 138-01-619-006 in Clark County. This well-established retail center offers a rare opportunity to acquire a significant asset in a rapidly growing area. The available spaces present a chance to expand existing businesses or attract new tenants to this high-traffic location.

    Property Features for 4990 Craig Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    170,126 SF
    Total Rate
    297720.5

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    4950-B3
    Size
    1,261 SF
    Rate per SF
    $27

    HighLights

    • Grocery‑anchored shopping center with Albertsons as the anchor tenant.
    • 170,126 square feet total building area across three buildings.
    • 4,447 square feet of vacant space available for lease.
    • Located at the hard corner of Craig Road and Decatur Boulevard in Northwest Las Vegas, Clark County.
    • Zoned C‑1.
    • APN: 138‑01‑619‑005, 138‑01‑619‑003, 138‑01‑619‑006.
    Property Profile Location Intelligence

    Current Use by Public Records

    H&R Block Tax Preparation Service Dr. Ken K. ... Dentist H&R Block Advisors Payroll Service Super Kids Karate Martial Arts School New China Restaurant Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -115.20987212994
    Latitude
    36.238973916959

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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored center, prime NW Las Vegas location.
    Where is this retail property located?
    The property is located at 4990 Craig Rd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored shopping center with Albertsons as the anchor tenant.; 170,126 square feet total building area across three buildings.; 4,447 square feet of vacant space available for lease.
    Request Owner's contact information
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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
    4990 Craig Rd Las Vegas, NV 89130
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