4830 W. Craig Road

4830 W. Craig Road, Las Vegas, NV 89130

— For Sale —

Offering Price $3,500,000

Income $110,003

Total Square Footage ± 11,270 SF

Occupancy 45%

Property Information

Positioned at the northwest corner of Craig Road and Decatur Boulevard, this ± 11,270 SF retail center presents a compelling value-add opportunity in one of Las Vegas’s most established retail corridors. Shadow-anchored by a high-performing Albertsons, the center serves a dense residential population of nearly 163,000 people within a three-mile radius and benefits from exceptional visibility with combined traffic counts exceeding 67,995 vehicles per day (35,874 CPD on Craig Road and 32,121 CPD on Decatur Boulevard).

Currently 45% occupied, the property offers significant upside through the lease-up of ± 6,211 SF of available space, with potential for up to ± 9,035 SF of contiguous space ideal for large format retail or owner-users. At market rental rates, the stabilized asset presents an attractive 8% CAP rate opportunity along one of Las Vegas’s premier retail corridors.

Contact

Brokerage

Sean Margulis

Founding Partner
Las Vegas
License S.0070247
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O 702.954.4102
C 702.340.4251
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Brokerage

Landon Tenwolde

Senior Associate
Las Vegas
License S.0184822
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O 702.954.4141
C 248.495.7586
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