Retail Business for Lease in Las Vegas, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Las Vegas, NV 89128

Description

Summerhill Plaza is a busy EOS Fitness anchored shopping center located at the high-traffic corner of Lake Mead Boulevard & Buffalo Drive. The property is positioned less than one mile west of the I-11 freeway with exposure to over 65,000 vehicles daily. According to Placer.ai, the center receives more than 163,000 visitors per month. Major daily traffic generators include Walgreens, Sola Salon Suites, Starbucks, Einstein Bros. Bagels, Café Zupas, Grape Vine Café, Slater’s 50/50, AT&T, Stephano’s Mediterranean, and many more. Strong demographics surround the property, with over 193,000 residents, and average household incomes exceeding $98,000 within a three-mile radius. Additionally, there are more than 53,000 employees working nearby. Summerhill Plaza presents a great opportunity to join an amazing lineup of daily needs operators including fitness, health & beauty, and food & beverage tenants.

Market Context

This retail in Las Vegas, NV is listed for lease. It has been on the market for 21 days. Compare it against other retail listings for lease in Las Vegas, NV — <a href="/search/lease/retail/nevada/las-vegas">view the full market</a>.

As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Las Vegas?
About 6.5% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$1.89/SF/mo – $2.55/SF/mo

Mid: $2.22/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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