861-871 Nellis Blvd Las Vegas, NV 89110
- Neighborhood centers
- 21,200 SF
- 1.86 lot acres
Current Use by Public Records
- Deli / Deli
- Friendly Beer Plaza / Business Center
- Friendly Bear Plaza / Business Center
Property Details for 861-871 Nellis Blvd
- Year built
- 1998
- Lot size
- 1.86 lot acres
- Property size
- 21,200 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Friendly Bear Plaza, located at 861-871 N Nellis Blvd, Las Vegas, NV 89110, presents a compelling investment opportunity in a thriving Sunrise Manor neighborhood center. This Class B property, built in 1998, comprises two single-story buildings totaling 21,200 square feet, situated on a 1.86-acre lot (APN 140-29-716-003). The center features 13 suites, with two retail spaces currently available, each ranging from approximately 1,100 to 1,200 contiguous square feet. The minimum divisible space is 1,100 square feet. The property boasts excellent visibility and high traffic counts due to its location at the intersection of N. Nellis Boulevard and E. Washington Ave, within a densely populated, multicultural area. A RISE dispensary is currently operating within the center, further enhancing its appeal and foot traffic. The property offers 70 total parking spaces and is zoned C-1. Annual property taxes are $1.25 per square foot. Currently, 4,600 square feet of space is vacant, presenting a unique opportunity for expansion or new tenancy. The property's convenient location and existing tenant base make it an attractive option for businesses seeking a strong presence in a busy Las Vegas neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.062
- Latitude
- 36.1803
