Westland Fair — Lease in Las Vegas, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Las Vegas, NV 89102

Description

Westland Fair is a Walmart and Lowes anchored center located in one the densest infill areas of the Las Vegas valley. The seasoned shopping center is located approximately two miles from the I-15 to the east and less than one mile from the US-95 to the north. Traffic counts exceed 77,100 vehicles per day. Join a great line-up of national tenants including Petsmart, Michaels, Smart & Final Extra, Skechers, Boot Barn, Raising Cane's, Freddy's Steakburgers, Panda Express, Little Caesars, T-Mobile, Jamba Juice, Sally Beauty Supply and many more.

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.

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