Summerhill Plaza | 7501-7591 W Lake Mead Blvd
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Summerhill Plaza 7501-7591 W Lake Mead Blvd
91,163 SF 97% Leased Retail Building Las Vegas, NV 89128 For Sale
Executive Summary
SUMMERHILL PLAZA: RESIDENTIAL DENSITY
Summerhill Plaza is strategically located in one of Las Vegas’ most desirable areas. Its prime position abuts the Summerlin and South Shores Master Planned Residential Communities
AFFLUENT POPULATION WITH DISPOSABLE INCOME
The demographics surrounding Summerhill Plaza reveal a strong economic foundation. Within the 3-mile and 5-mile radii, incomes average $90,772 and $101,265, respectively, with projections reaching $106,409 and $118,120 by 2029. This affluent population offers a robust customer base with considerable purchasing power, ideal for retail and service-oriented businesses.
SECURE INCOME STREAM WITH STRONG HISTORICAL OCCUPANCY
The Plaza is 99% leased, providing consistent and stable cash flow. National tenants such as EOS Fitness, Starbucks, and Sola Salons anchor the center, with over 80% of tenants having maintained their presence for more than a decade. This long-term commitment by tenants reflects the quality of the property and its appeal in the local market.
DOUBLE SECTION LINE CORNER LOCATION WITH STRONG TRAFFIC
Summerhill Plaza benefits from its prominent location at the intersection of W Lake Mead Blvd (31,000+ ADT) and Buffalo Dr (42,000+ ADT). Its corner positioning ensures high visibility and accessibility, drawing traffic from the dense surrounding residential communities. With its proximity to major transportation routes including the US 95 Freeway, the center attracts over 5,000 visitors daily, further enhancing its retail potential. Summerhill Plaza offers unparalleled visits and accessibility with six access points, four along W Lake Mead Blvd and two along Buffalo Dr, ensuring easy entry and exit for both customers and businesses.
FITNESS-ANCHORED
Anchored by EOS Fitness and featuring a diverse array of tenants including Sola Salons, Starbucks, and Einstein Bros Bagels, Summerhill Plaza caters to a wide range of consumer needs. This variety in tenancy provides a balanced retail environment that fosters repeat visits from local residents.
15 YEAR LEASES
EOS Fitness has recently undergone a full remodel and renewed with a 15- year lease, ensuring a long-term presence in the center with state-of-the-art facilities. Additionally, Sola Salons has joined as a new tenant, also with a 15- year lease, offering a premium salon experience.
Summerhill Plaza is strategically located in one of Las Vegas’ most desirable areas. Its prime position abuts the Summerlin and South Shores Master Planned Residential Communities
AFFLUENT POPULATION WITH DISPOSABLE INCOME
The demographics surrounding Summerhill Plaza reveal a strong economic foundation. Within the 3-mile and 5-mile radii, incomes average $90,772 and $101,265, respectively, with projections reaching $106,409 and $118,120 by 2029. This affluent population offers a robust customer base with considerable purchasing power, ideal for retail and service-oriented businesses.
SECURE INCOME STREAM WITH STRONG HISTORICAL OCCUPANCY
The Plaza is 99% leased, providing consistent and stable cash flow. National tenants such as EOS Fitness, Starbucks, and Sola Salons anchor the center, with over 80% of tenants having maintained their presence for more than a decade. This long-term commitment by tenants reflects the quality of the property and its appeal in the local market.
DOUBLE SECTION LINE CORNER LOCATION WITH STRONG TRAFFIC
Summerhill Plaza benefits from its prominent location at the intersection of W Lake Mead Blvd (31,000+ ADT) and Buffalo Dr (42,000+ ADT). Its corner positioning ensures high visibility and accessibility, drawing traffic from the dense surrounding residential communities. With its proximity to major transportation routes including the US 95 Freeway, the center attracts over 5,000 visitors daily, further enhancing its retail potential. Summerhill Plaza offers unparalleled visits and accessibility with six access points, four along W Lake Mead Blvd and two along Buffalo Dr, ensuring easy entry and exit for both customers and businesses.
FITNESS-ANCHORED
Anchored by EOS Fitness and featuring a diverse array of tenants including Sola Salons, Starbucks, and Einstein Bros Bagels, Summerhill Plaza caters to a wide range of consumer needs. This variety in tenancy provides a balanced retail environment that fosters repeat visits from local residents.
15 YEAR LEASES
EOS Fitness has recently undergone a full remodel and renewed with a 15- year lease, ensuring a long-term presence in the center with state-of-the-art facilities. Additionally, Sola Salons has joined as a new tenant, also with a 15- year lease, offering a premium salon experience.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
91,163 SF
Building Class
B
Year Built
1997
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
8.64 AC
Zoning
C1, Las Vegas
Parking
485 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 138-22-316-015 | Improvements Assessment | $2,999,234 |
| Land Assessment | $1,659,739 | Total Assessment | $4,658,973 |
PROPERTY TAXES
Parcel Number
138-22-316-015
Land Assessment
$1,659,739
Improvements Assessment
$2,999,234
Total Assessment
$4,658,973
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Power Broker Jeanene Maxson -
Dunbar Commercial LLC
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Summerhill Plaza | 7501-7591 W Lake Mead Blvd
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