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Peace Way Center 4520 Hualapai Way 1,400 SF of Retail Space Available in Las Vegas, NV 89147
HIGHLIGHTS
- Summerlin location in close proximity to CC 215 Beltway (± 83,000 CPD) as well as W. Flamingo Rd. and W. Tropicana Ave.
- Over ± 2,000 new multi-family units planned or now open in immediate area
- ± 1,400 SF 2nd-generation retail inline space available
- Do Not Disturb Tenant
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 109 | 1,400 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $3,850 /MO $46,200 /YR | Triple Net (NNN) |
4520 Hualapai Way - 1st Floor - Ste 109
Existing coffee shop with grease trap.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PEACE WAY CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Industry Hair + CO, LLC
- Services
- 1
- -
- Kaizen Cross Fit
- Fitness
- 7,533
- International
- Natural Medicine Green Dispensary
- Retailer
- 1
- -
- On All 4's
- Services
- 1
- -
- TeNo
- -
- 1
- -
- The Ridge
- Convenience Market
- 11
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Industry Hair + CO, LLC | Services | 1 | - |
| Kaizen Cross Fit | Fitness | 7,533 | International |
| Natural Medicine Green Dispensary | Retailer | 1 | - |
| On All 4's | Services | 1 | - |
| TeNo | - | 1 | - |
| The Ridge | Convenience Market | 11 | Regional |
PROPERTY FACTS
ABOUT THE PROPERTY
Peace Way Shopping Center is a neighborhood retail center located near the intersection of Peace Way and Hualapai Way in Las Vegas, adjacent to the affluent Summerlin South area. The center was built in the mid-2000s and comprises approximately 33,000 sq ft of retail space with surface parking and visibility along both Peace Way and Hualapai Way. It houses a mix of local and small-business tenants that provide services and conveniences to nearby residents, and its location benefits from surrounding dense housing and close access to the 215 Beltway, making it a community-oriented retail destination.
- Pylon Sign
- Monument Signage
NEARBY MAJOR RETAILERS
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Peace Way Center | 4520 Hualapai Way
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