8140 Eastern AveLas Vegas, NV 89123

  • Strip malls
  • 6,120 SF
For Lease
$16.80/SF/YR View listing

Property Details for 8140 Eastern Ave

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.63 AC
Property size (Sq ft)
6,120 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
177-13-115-003
APU
17713115003

Description

Windmill Valley Plaza offers 2,400 square feet of prime retail space available for lease in Las Vegas, Nevada. This multi-tenant storefront property is ideally situated at the southeast corner of Windmill Parkway and Eastern Avenue, providing exceptional visibility and accessibility. The property is conveniently located just one mile from the I-215 Beltway in both western and southern directions, ensuring easy access for customers and employees. The plaza benefits from its strategic position between the established master-planned communities of Green Valley and Silverado Ranch, guaranteeing a substantial and growing customer base. Each available space offers a minimum of 1,200 contiguous square feet, making it suitable for a variety of retail businesses. The center boasts a strong tenant mix, including established national brands such as Big Lots, McDonald's, Pizza Hut, Leslie's Pool Supply, State Farm Insurance, and Subway, creating a vibrant and attractive shopping destination. This location presents a unique opportunity for businesses seeking high visibility and a thriving commercial environment within a densely populated area. The entire 2,400 square feet is currently vacant and ready for immediate occupancy. Contact us today to learn more about this exceptional retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,900,652
    6.5%
    $1,754,448
    7%
    $1,629,130
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,089,878
    Geo Method
    $3,089,878
  • Alternative Use

    Use
    Valuation
    Residential
    $1,479,942
    Hospitality
    $1,355,619
    Educational
    $1,127,859
    Medical
    $1,166,648
    Retail
    $1,754,448
8140 Eastern Ave, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0418
Longitude
-115.117
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
$8,708
$134,471
$216,748
$351,219
-
$384,203
$619,280
$1,003,483

FAQs

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