Map of Property

Desert Oaks Plaza

For Sale

3960-4040 W Craig Rd, North Las Vegas, NV 89032

This North Las Vegas property for sale is located at 3960-4040 W Craig Rd. The current listed sale price for Desert Oaks Plaza is $17,920,000. Desert Oaks Plaza is situated on a lot that is 5.52 square feet in size.

Contacts

broker
Adam Malan

Colliers

broker
Mark Schuessler
broker
Deana Marcello

Colliers

Property Details

  • Property Type Retail
  • Property Size 53,324 SF
  • Lot Size 5.52 SF
  • Additional Rent Contact for pricing
  • Year Built 2008
  • Date Updated Dec 17, 2024

Colliers is pleased to present the opportunity to acquire the fee-simple interest in Desert Oaks Plaza (the “Property”), a 53,324-square-foot neighborhood retail center situated on approximately 5.52 acres along the Craig Road Corridor in North Las Vegas, Nevada. Built in 2008, Desert Oaks Plaza is a prime neighborhood retail center within the corridor, which boasts a tight vacancy rate of 4.9%.

The Property is currently 100% leased to a variety of daily-needs retail tenants ranging in size from 1,000 to 8,000 square feet. With 5.6 years of weighted average lease term and less than 12% of the rent roll expiring in the next 3 years, an investor will benefit from a favorable rollover schedule and steady cash flow stream. Furthermore, in-place rents sit 9% or more below market, providing upside to bump rents as leases roll.

Ideally located between the I-15 and US 95 freeways along the busy Craig Road Corridor, the Property is surrounded in every direction by dense residential communities, providing a stable consumer base. With virtually no developable land remaining with frontage on Craig Road and vacancy tightening, market rents are expected to see continued upward pressure.

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Getting around

  • 48/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 51/100

    Bike Score ®

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Location

  • City North Las Vegas, NV
  • Neighborhood Craig Road 95
  • Zip Code 89032
  • Market Las Vegas

Points of Interest

  • Sahara

    7.08 miles

  • LVCC West Station

    7.63 miles

  • LVCC Central Station

    7.85 miles

  • Boingo/Las Vegas Convention Center

    7.94 miles

  • Rideshare Pickup

    8.78 miles

  • Bellagio Tram Station

    9.02 miles

  • The Crystals Tram Station

    9.18 miles

  • Park MGM Tram Station

    9.31 miles

  • MGM Grand

    9.61 miles

  • Excalibur North

    9.75 miles

  • Conoco

    0.75 miles

  • 7-Eleven

    0.78 miles

  • Chevron

    0.84 miles

  • Speedway

    0.85 miles

  • Texaco

    1.77 miles

  • Murphy Express

    1.85 miles

  • Tesla Supercharger

    5.96 miles

  • Tesla Destination Charger

    8.63 miles

  • Linq High Roller Supercharger

    8.64 miles

  • ChargePoint

    9.03 miles

  • A Lot

    4.83 miles

  • B Lot

    4.84 miles

  • Main Street Station Self Parking

    5.18 miles

  • Garage Mahal at Circa Resort & Casino

    5.33 miles

  • California Hotel and Casino Self Parking

    5.35 miles

  • Parking Lot B

    5.38 miles

  • Promenade Garage

    5.39 miles

  • McDonald's

    1.73 miles

  • Krispy Kreme

    1.85 miles

  • Burger King

    1.99 miles

  • Raising Cane's

    2.20 miles

  • Island Fin Poké

    2.21 miles

  • Taco Bell

    2.29 miles

  • Firehouse Subs

    2.29 miles

  • Teriyaki Madness

    2.30 miles

  • Del Taco

    2.33 miles

  • Chipotle

    2.34 miles

  • Smith's

    0.67 miles

  • Albertsons

    0.90 miles

  • Walmart Supercenter

    1.42 miles

  • Walmart Neighborhood Market

    1.55 miles

  • WinCo Foods

    2.22 miles

  • Sprouts Farmers Market

    2.29 miles

  • Ross

    2.44 miles

  • Target

    2.49 miles

  • Natural Grocers

    2.51 miles

  • Walmart

    3.36 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Desert Oaks Plaza