7664 Lake Mead Blvd Las Vegas, NV 89128
This exceptional investment opportunity presents a 12,172 square foot, multi-tenant retail center in the highly desirable Summerlin area of Las Vegas, Nevada. Located at 7664 W Lake Mead Blvd, this property boasts a prime location on a high-traffic corridor, benefiting from over 45,500 vehicles per day and proximity to major roadways including US-95 and Summerlin Parkway. The center is comprised of two, single-story buildings built in 1999, situated on a 1.09-acre lot and zoned C-1. Currently 100% occupied with six tenants, including national brands like Cafe Rio and The Vision Centers, the property generates a strong net operating income (NOI) of $327,344, representing a 5.74% cap rate. The asking price is $5,700,000, or $468.29 per square foot. The staggered lease expirations and diverse tenant mix provide a stable and attractive investment profile. This property offers exceptional visibility and benefits from its location within the Summerlin master-planned community, near Desert Shores, the Northwest Medical District, and Sun City Summerlin. The property's strong financial performance, desirable location, and diverse tenant base make it an ideal investment for discerning buyers. The property features favorable assumable debt.
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Dr. Christopher Chiodo Physician
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Dr. Shirlene Luu Physician
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Dr. Anthony Podloski Physician
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Coker Christopher OD Physician
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Hernandez Gabriel OD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.