702-343-0904
7501-7591 W Lake Mead Blvd, Las Vegas, NV for Sale
Storefront Retail/Office - FOR SALE
1/8
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7501-7591 W Lake Mead Blvd
Las Vegas, NV 89128


OVERVIEW

SUMMERHILL PLAZA: RESIDENTIAL DENSITY Summerhill Plaza is strategically located in one of Las Vegas’ most desirable areas. Its prime position abuts the Summerlin and South Shores Master Planned Residential Communities AFFLUENT POPULATION WITH DISPOSABLE INCOME The demographics surrounding Summerhill Plaza reveal a strong economic foundation. Within the 3-mile and 5-mile radii, incomes average $90,772 and $101,265, respectively, with projections reaching $106,409 and $118,120 by 2029. This affluent population offers a robust customer base with considerable purchasing power, ideal for retail and service-oriented businesses. SECURE INCOME STREAM WITH STRONG HISTORICAL OCCUPANCY The Plaza is 99% leased, providing consistent and stable cash flow. National tenants such as EOS Fitness, Starbucks, and Sola Salons anchor the center, with over 80% of tenants having maintained their presence for more than a decade. This long-term commitment by tenants reflects the quality of the property and its appeal in the local market. DOUBLE SECTION LINE CORNER LOCATION WITH STRONG TRAFFIC Summerhill Plaza benefits from its prominent location at the intersection of W Lake Mead Blvd (31,000+ ADT) and Buffalo Dr (42,000+ ADT). Its corner positioning ensures high visibility and accessibility, drawing traffic from the dense surrounding residential communities. With its proximity to major transportation routes including the US 95 Freeway, the center attracts over 5,000 visitors daily, further enhancing its retail potential. Summerhill Plaza offers unparalleled visits and accessibility with six access points, four along W Lake Mead Blvd and two along Buffalo Dr, ensuring easy entry and exit for both customers and businesses. FITNESS-ANCHORED Anchored by EOS Fitness and featuring a diverse array of tenants including Sola Salons, Starbucks, and Einstein Bros Bagels, Summerhill Plaza caters to a wide range of consumer needs. This variety in tenancy provides a balanced retail environment that fosters repeat visits from local residents. 15 YEAR LEASES EOS Fitness has recently undergone a full remodel and renewed with a 15- year lease, ensuring a long-term presence in the center with state-of-the-art facilities. Additionally, Sola Salons has joined as a new tenant, also with a 15- year lease, offering a premium salon experience.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Summerhill Plaza - For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Health Club, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

485

LAND DETAILS

CROSS STREETS

Buffalo

LAND ACRES

8.64 AC

LAND SF

376,358 SF

ZONING

C1, Las Vegas

APN/PARCEL ID

138-22-316-015

ASK ABOUT THIS PROPERTY

Jeanene MaxsonDunbar Commercial LLCMore Info
702-343-0904

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Jeanene MaxsonDunbar Commercial LLCMore Info
702-343-0904

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.