Warm Springs Plaza — Lease in Las Vegas, NV
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Las Vegas, NV 89120
Description
Warm Springs Plaza is located in a densely populated area of Las Vegas having nearly 400,000 people located within five miles of the property. It also benefits from its location just east of the 215 Beltway, a highly-used entrance to Harry Reid Airport. High traffic counts on Eastern Avenue, which is a one of the busiest north/south arterials in the Las Vegas valley. The center is located in a seasoned area just west of the affluent Green Valley neighborhood. Harry Reid International Airport is one mile to the north, and the 323 acre Sunset Regional Park is directly adjacent to the shopping center. Landlord will build-out a first generation restaurant space with hood, grease trap and more for a qualified restaurant operator. Contact Broker for details.
Market Context
This retail in Las Vegas, NV is listed for lease. It has been on the market for 53 days. Compare it against other retail listings for lease in Las Vegas, NV — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
Estimated Market Rate
$1.89/SF/mo – $2.55/SF/mo
Mid: $2.22/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Mike Zobrist · 1702405-1755 · mike.zobrist@nmrk.com
- Mike Zobrist · 1702405-1755 · mike.zobrist@nmrk.com
- Lauren Tabeek · 1702405-1707 · lauren.tabeek@nmrk.com
- Scott Price · 1702405-1728 · scott.price@nmrk.com
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