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Property profile & analytics
FOR LEASE
Commercial land

245 E Centennial Pkwy North Las Vegas, NV 89084

Built 2023
Property ID
US62-0267742
Property summary
AI-generated overview

A ±1.04-acre retail pad is now available for sale within a thriving North Las Vegas retail center at the northwest corner of Centennial Parkway and N. 5th Street. This highly visible site benefits from exceptional frontage and strong traffic volumes, with ±68,000 vehicles per day across the surrounding corridors, including the CC 215 Beltway, N. 5th Street, and Centennial Parkway. Positioned in a high-growth corridor, the site is surrounded by a robust mix of national retailers such as Circle K, Freddy’s Frozen Custard & Steakburgers, Valvoline, Einstein Bros. Bagels, Providence Dental, Navy Federal Credit Union, and WOW Car Wash, and sits adjacent to several new residential developments including Rome Pines Family Apartments (±240 units) and Rome Pines Senior Apartments (±292 units). Other nearby retailers include Target, Kohl’s, The Home Depot, Ross, Burlington, PetSmart, Michaels, Valley Health Systems, Burger King, Starbucks, and more.

Property profile
Verified
Property type Commercial land
Year built 2023
UPID US62-0267742
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • JLF Photography Photography Service (Bike/Boat/Book/etc) Store
  • Philauty Boutique Clothing Store
  • Centennial at 5th Apartments Real Estate Agency
  • Ford Hebner Business Management Consultant
  • Shop | ADOR.C Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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