This exceptional retail opportunity presents 38,167 square feet of vacant anchor space within the established Boulder Marketplace shopping center in Henderson, Nevada. Located on Boulder Highway and a major cross street, this property boasts high visibility with dual storefront facias and pylon signage. The space is divisible, with a minimum leasable area of 17,829 square feet, offering flexibility for various retail concepts. The site sits on a 3.5-acre lot, zoned MC, Corridor/Mixed-Use (Clark County APN: 179-17-303-014). This prime location benefits from its proximity to the rapidly growing Cadence Master-Planned Community, adding significant future residential density with an anticipated 12,250 new homes. The high-traffic location and substantial square footage make this an ideal space for a large-format retailer seeking a prominent presence in a thriving Henderson submarket. The former occupant was a 99¢ Only Store, and the space can be leased as a single unit or potentially subdivided. This presents a unique chance to establish a flagship location in a dynamic and expanding area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$15,100,327
6.5%
$13,938,763
7%
$12,943,137
Comparable approach
Method
Valuation
Relative Method
$19,356,166
Geo Method
$19,356,166
Alternative Use
Use
Valuation
Residential
$11,757,868
Hospitality
$10,770,144
Educational
$8,960,634
Medical
$9,268,804
Retail
$13,938,763
Location Insight
City
Henderson
County
Clark
State
Nevada
Latitude
36.0314
Longitude
-114.97
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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