8826 Eastern Ave Las Vegas, NV 89123-4824
- Strip malls
- 25,500 SF
- 2.24 lot acres
Current Use by Public Records
- Motum Athletics & Fitness / Fitness Center
- Dr Van Tran OD/Trans-Vision PC / Optometrist
- Huang Andy OD / Optometrist
- Angell Todd OD / Optometrist
- Camtu Nguyen OD / Optometrist
Property Details for 8826 Eastern Ave
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 2.24 lot acres
- Property size
- 25,500 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 177-13-423-024
- APU
- 17713423024
Description
Exceptional opportunity to lease the last remaining suite at Regal Plaza, a vibrant 141,482 square foot multi-use center in Las Vegas, NV. This Class B property, built in 2000, boasts seven buildings situated on a 13.37-acre lot at the high-traffic intersection of Eastern and Pebble Roads (approximately 44,000 cars daily). The single available unit offers excellent visibility and accessibility, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 18,000 square feet. The property features a diverse tenant mix including retail, restaurants, entertainment, and professional offices, catering to the surrounding dense residential population. The convenient location offers close proximity to the 215 Beltway, ensuring high traffic volume and easy access for customers and employees. Zoned C-2, this property presents a unique opportunity for businesses seeking a prime location in a thriving Las Vegas community. The APN is 177-13-423-024. Total building suites number 34, with currently 1,134 square feet of vacant space. The property consists of single-story buildings.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,505,000
- 6.5%
- $9,960,000
- 7%
- $10,750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,775,000
- Geo Method
- $11,455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,865,000
- Retail
- $10,370,000
- Mixed-Use
- $9,065,000
- Hospitality
- $11,810,000
- Educational
- $9,290,000
- Residential Income
- $11,040,000
- Energy
- $9,230,000
- Income-Based Land
- $10,510,000
- Food Service
- $10,110,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.117
- Latitude
- 36.0292
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
