716 Boulder HwyHenderson, NV 89015

  • Outlet malls
  • 38,338 SF

Property Details for 716 Boulder Hwy

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.50 AC
Property size (Sq ft)
38,338 SF
Property type
Outlet malls
APN
179-17-303-014
APU
17917303014

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,184
$533,610
$631,201
$1,164,811
-
$1,524,600
$1,803,431
$3,328,031

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