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Investment Highlights

  • Stabilized retail asset generating $382K NOI, ideally situated in a prime location within Henderson’s revitalizing Water Street District.
  • Access to a dense, growing consumer base of over 677,000 affluent residents with direct exposure to an excess of 4,000 vehicles daily.
  • Turnkey cashflow investment opportunity that will benefit from recent significant capital improvements and strong tenant investments.
  • Positioned with quick access to Interstates 11 and 215, as well as proximity to numerous hotels, casinos, and sporting complexes.

Executive Summary

The Pacific Center is a multi-tenant retail and service property located at 10–18 W. Pacific Avenue in Henderson, Nevada's revitalized Downtown Water Street District. The approximately 15,413-square-foot center is 92% occupied by a diverse mix of retail, restaurant, office, and service tenants, generating approximately $382,256 in stabilized Net Operating Income. Recent ownership has completed significant capital improvements, including roof replacement, HVAC upgrades, exterior enhancements, and interior renovations, while several tenants have invested in substantial build-outs, demonstrating long-term commitment to the property.
The property offers a limited amount of remaining vacancy, presenting an opportunity to increase income through additional leasing. Currently available are two second-floor suites: Suite 5/6 (577 SF) and Suite 7 (685 SF), both newly renovated and well suited for retail, professional office, medical, or administrative users.
Situated near the intersection of Water Street and Lake Mead Parkway, The Pacific Center benefits from its location within one of Henderson's most active commercial corridors, offering convenient access to Interstates 11 and 215, ample parking, and close proximity to restaurants, entertainment, and community amenities. The property is also just minutes from Cadence, one of Henderson's largest master-planned communities with more than 12,000 planned homes, and serves a population of more than 677,000. With stabilized cash flow, quality improvements, a growing residential customer base, and leasing upside, The Pacific Center represents a compelling investment and leasing opportunity in one of Southern Nevada's fastest-growing markets.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,214 SF
Building Class
C
Year Built
1956
Price
$6,998,093 CAD
Price Per SF
$431.61 CAD
Cap Rate
7.67%
NOI
$536,622 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.22
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
DX, Henderson - Downtown Mixed Use
Parking
24 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
153’ on Pacific Ave

Amenities

  • Signage
  • Wheelchair Accessible

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Bajamar Seafood & Tacos is a privately held restaurant concept specializing in Baja California–style seafood dishes. The company was founded in 2017, when the first location opened on South Las Vegas Boulevard. Drawing culinary influence from coastal Mexican seafood traditions, Bajamar focuses on fish tacos, shrimp, octopus, and ceviche-based offerings prepared to order. Since its founding, Bajamar Seafood & Tacos has expanded within the Las Vegas Valley, including an operating location in Henderson, Nevada on West Pacific Avenue near Water Street. The company also provides catering services for private and corporate events, extending its offerings beyond on-site dining.

  • Broadbent & Associates Inc.
  • Services
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Daniela Salcido
  • -
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • J Anne Photography
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Jan 0000

Kai Sushi is a Japanese restaurant focused on sushi, sashimi, and a range of traditional kitchen offerings. The restaurant opened in January 2026 and operates as an independently owned dining establishment. Kai Sushi offers an à la carte menu that includes nigiri, sashimi, specialty rolls, and cooked Japanese dishes, along with a selection of beer, sake, and other beverages. The company operates from a single location in downtown Henderson along Water Street. Its concept emphasizes made-to-order preparation and on-premise dining rather than all-you-can-eat service. Publicly available materials indicate that the business organizes its menu around individual plates, combination meals, and lunch offerings.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Jan 0000

Locally-owned and -operated, Pacific Diner is Hederson’s go-to for a delicious meal. Serving breakfast and lunch, each of their dishes is made-from-scratch and fresh just for customers! From their big-as-your-face cinnamon rolls to their diner classics, customers can’t go wrong when it comes to their menu. Everyone is welcome at their diner and they do everything they can to make customers feel right at home.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Broadbent & Associates Inc. Services 99,999 SF - - Jan 0000
Daniela Salcido - 99,999 SF - - Jan 0000
J Anne Photography Arts, Entertainment, and Recreation 99,999 SF - - Jan 0000
Accommodation and Food Services 99,999 SF - - Jan 0000
Accommodation and Food Services 99,999 SF - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 5/6
  • 577 SF
  • Office/Retail
  • -
  • Now

Easy access to restaurants

  • 7
  • 685 SF
  • Retail
  • In-Line
  • Now

Professionally managed property

Space Size Space Use Position Available
5/6 577 SF Office/Retail - Now
7 685 SF Retail In-Line Now

5/6

Size
577 SF
Space Use
Office/Retail
Position
-
Available
Now

7

Size
685 SF
Space Use
Retail
Position
In-Line
Available
Now

5/6

Size 577 SF
Space Use Office/Retail
Position -
Available Now

Easy access to restaurants

7

Size 685 SF
Space Use Retail
Position In-Line
Available Now

Professionally managed property

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
11,795
102,091
210,905
2030 Population
12,513
108,579
223,002
2025-2030 Projected Population Growth
6.1%
6.4%
5.7%
Median Age
41.3
41.4
40.9
College Degree + Higher
16%
23%
26%
Daytime Employees
8,605
30,344
52,530
Total Businesses
863
2,843
5,891
Average Household Income
$84,626
$110,863
$112,198
Median Household Income
$67,000
$89,643
$89,698
Total Consumer Spending
$136.6M
$1.3B
$2.8B
2025 Households
4,643
38,511
80,570
Average Home Value
$437,085
$512,600
$530,735
$ values in USD

Nearby Major Retailers

Dotty's
the Human Bean
Starbucks
Sprouts Farmers Market
Albertsons
Safeway
Chase Bank
Olive Garden
Crunch Fitness
Planet Fitness

Property Taxes

Property Taxes

Parcel Number
179-18-710-005
Land Assessment
$77,704 CAD (2026)
Improvements Assessment
$243,967 CAD (2026)
Total Assessment
$321,671 CAD (2026)
  • Listing ID: 39651571

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 10-18 W Pacific Ave, Henderson, NV 89015

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