2208-2350 Nellis BlvdLas Vegas, NV 89104

Property Details for 2208-2350 Nellis Blvd

Year built

1990

Lot size

15.55 AC

Property size (Sq ft)

140,260 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents Winterwood Pavilion, a 140,260-square-foot, multi-tenant retail center in Las Vegas, Nevada. Boasting 100% occupancy, this Class B property features 35 tenants, including national and regional brands such as Dollar General Market, DD's Discounts, Planet Fitness, and Harbor Freight Tools. Located at 2208-2350 Nellis Blvd., Las Vegas, NV 89104, this strategically positioned center benefits from high visibility on a major thoroughfare with an average daily traffic count of 69,300 vehicles. The property sits on a 15.55-acre lot with ample parking (1,000 spaces), and features four buildings, three convenient ingress/egress points, and a substantial parking area exceeding requirements. Built in 1990 and extensively renovated in 2004 (with a new two-tenant building constructed in 2023), Winterwood Pavilion offers a stabilized investment with a 6.18% cap rate and a Net Operating Income (NOI) of $2,454,326. The property is zoned CG and features long-term leases with attractive rental increases. This NNN-leased property is ideal for investors seeking a low-risk, high-return investment with strong tenant credit ratings. The asking price is $39,683,303. A full rent roll is available upon request and execution of a non-disclosure agreement.

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1469

Longitude

-115.065

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].