Newmark is pleased to exclusively offer for sale Lake Mead & Nellis Retail Center, a fully leased, multi-tenant retail asset located in the dynamic Northeast submarket of Las Vegas, Nevada.
This 100% NNN-leased property is shadow-anchored by Superior Grocers, a 43,687 square foot Hispanic grocery store that drives consistent foot traffic to the center.
Originally constructed in 1989, Lake Mead & Nellis Retail Center is positioned on a high-visibility hard corner at the signalized intersection of East Lake Mead Boulevard and North Nellis Boulevard, which experiences a combined traffic count of approximately 80,000 vehicles per day. The asset benefits from a dense trade area, with over 23,500 daytime employees and more than 190,750 residents within a 3-mile radius. Additionally, Nellis Air Force Base, a major economic and employment hub, is located just two miles to the north.
The property sits on a 0.68-acre parcel and features an 8,200 square foot retail building complemented by two ground lease pads. The center offers on-site parking and highly visible pylon signage, enhancing tenant exposure and accessibility.
This offering presents investors with a stable, income-generating asset backed by long-standing tenancy, strong demographic fundamentals, and an irreplaceable location in one of Las Vegas’ most active retail corridors.