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Category – Retail – North Las Vegas

Cushman & Wakefield/Commerce Closes on Craig Promenade

COMRE LogoLauren Tabeek, CCIM, of Cushman & Wakefield/Commerce, represented the seller, RREF II-KI Promenade, LLC in the selling of Craig Promenade, a retail building located at 785 W. Craig Rd., North Las Vegas, NV 89032. The type of property is a Sinclair gas station and convenience store. The transaction was valued at $2,300,000. Les Eisinga of Northcap Commercial represented the buyer, Virat, LLC.

NV Network Insurance Takes Space at The Grove

the-groveNV Network Insurance signed a 38-month $50,400 lease for 900 square feet of retail space at The Grove located at 445 W. Craig Road, Suite 104, in North Las Vegas.  Alma Catalan with Desert Vision Realty represented the lessee and Jakke Farley with Virtus Commercial represented the lessor, High Valley VI, LLC. The reported average rent equals $1.47 per square foot.

Smoke Shop Leases Space at Cheyenne Pointe

cheyenne pointeS & S Enterprises (Smoke Shop) signed a 40-month $80,104.12 lease for 1,324 square feet of retail space at Cheyenne Pointe located at 2235 E. Cheyenne Avenue, Suite D-140, in North Las Vegas.  Maha Madanat with Century 21 represented the lessee and Andrew Fehrman and Jeff Mitchell with Virtus Commercial represented the lessor, Medford Capital, LLC c/o RA Centers. The reported average rent equals $1.51 per square foot.

Blow Dry Bar Vent Blotique Signs 2 Leases

logicVent Blotique signed a 60 month $262,885 lease for 1,421 square feet of retail space at the Shops at Summerlin North and a lease at 655 S. Green Valley Parkway, suite A-2 in Henderson for 1,200 square feet of retail space for $204,000 spanning 60 months.  Chris Richardson and Jason Otter with Logic Commercial represented the lessee. The rates were reported at $3.08/SF and $2.83/SF respectively.

Mr. Farley Helps Centennial Plaza Get A New Tenant

Centennial PlazaJakke Farley of Virtus Commercial represented Tiabi, LLC in the lease of 1,100 square feet of retail space at the Centennial Plaza, 6320 Simmons Street, North Las Vegas, NV 89041. The tenant will occupy Suite 135. Jim Hill of ROI Commercial Real Estate represented the landlord Bridge 33 Properties V, LLC. The total transaction value of this 60 month lease is $95,893.

The approximate aggregate value of the transaction is $1.45 per square foot.

Simmons Centre’s Leasing Activity Continues

Simmons CentreJakke Farley and Jeffrey Mitchell of Virtus Commercial represented Simmons Centre, LLC in the new lease of 1,225 square feet of retail space at Simmons Centre, 3000 W. Ann Road, North Las Vegas, NV 89031. The tenant, 2 The Deals (Cota, LLC), will occupy Suite 102 for a period of 62 Months. The total transaction value of this lease is $88,332.

The approximate aggregate value of the transaction is $1.16 per square foot.


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