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Property profile & analytics
OFF-MARKET Estimated value $4,175,000
Drug stores

6360 Boulder Hwy Las Vegas, NV 89122-7301

14,493 SF 5.48 ac lot Built 2010
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US62-0457888
Property summary
AI-generated overview

This exceptional Class A retail center, located at 6360 Boulder Hwy, Las Vegas, NV 89122 (at the northwest corner of Boulder Highway and Russell Road), offers 23,320 square feet of retail space across four buildings. The property sits on a 5.48-acre lot and is zoned CM Corridor Mixed-Use (Clark County). Multiple tenancy options are available, with a minimum divisible space of 1,250 square feet. The center features street-front retail pads and shop space, ideal for first-generation retail tenants. A large pylon sign on Boulder Highway provides excellent visibility. This prime location benefits from a Walgreens anchor tenant and is surrounded by significant commercial and residential growth, including Henderson Hospital, Las Vegas Athletic Club, Dave & Busters, Cowabunga Bay water park, and numerous new multi-family developments. The property's APN is 161-34-501-003, and it's situated in Clark County's Central East submarket. This is a unique opportunity to establish a presence in a thriving Las Vegas retail corridor. The property is suitable for various uses, including retail, restaurant (drive-thru, QSR, fast casual, and fast food options are possible), and office space. Ground lease options may be available.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2010
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,493 SF
Lot 5.48 ac (238,709 SF)
APN 161-34-501-003
UPID US62-0457888
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
  • Weston Maximilian Krauss, MD Medical Clinic
  • Krupa U Shah, PAC Medical Clinic
  • Charles A Wilson, DO Physician
  • DB Squared, Inc. Financial Advisor
  • CenterWell Senior Primary Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.04M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.18M
Owner & transaction history
Boulder Village LLC · 21 yrs held
Boulder Village LLC
since 2005
3 recorded transactions
2005
$5.8M
2003
Price N/A
2001
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $6.3M +16.1%
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