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Paseo Verde Plaza 55-75 S Valle Verde Dr 3,222 SF of Retail Space Available in Henderson, NV 89012
Highlights
- Vibrant 23-store grocery-anchored shopping center offering a selection of flexible, second-generation suites in a high-demand market.
- High-visibility location with prime positioning at the on-ramp to Interstate 215, generating exposure to more than 32,000 vehicles per day.
- Join a thriving mix of synergistic tenants, including a Smith’s anchor, Mathnasium, Tacotarian, Pearle Vision, Port of Subs, and more.
- Access to a dense consumer base, with an average household income of $109,000 and $1.8 billion in consumer spending within a 3-mile radius.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 160 | 3,222 SF | 5 Years | $62.24 CAD/SF/YR $5.19 CAD/SF/MO $200,524 CAD/YR $16,710 CAD/MO | Triple Net (NNN) |
75 S Valle Verde Dr - 1st Floor - Ste 160
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- 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.
Tenants at Paseo Verde Plaza
- Tenant
- Description
- Size
- Move Date
- US Locations
- Reach
- McDonald's
- Fast-food
- -
- -
- 15,600
- International
McDonald's began in 1940 when Richard and Maurice McDonald opened a restaurant in California. The modern corporation formed in 1955 when Ray Kroc joined as a franchise agent and later purchased the company. Today, it operates numerous locations worldwide through a franchise model. While primarily a fast food chain, McDonald's also generates income from owning many restaurant properties. The company has maintained its core menu while adapting to international markets. McDonald's remains one of the most recognizable brands in the global food service industry.
- Smith's Food & Drug Stores
- Supermarket
- -
- 02-2009
- 201
- National
Smith's Food and Drug, simply known as Smith's, is a supermarket chain that was founded in 1911 in Brigham City, Utah. A subsidiary of Kroger, it is a prominent regional supermarket chain operating in the western U.S. Smith's headquarters is in Salt Lake City.
- Papa John's
- Pizza
- -
- -
- 3,644
- International
Papa Johns began in 1984 when founder John Schnatter converted a broom closet into a pizza operation. The company quickly expanded through franchising and now maintains a significant international footprint. The business focuses on pizza delivery and carryout services while emphasizing fresh ingredients. Their product lineup includes various pizza styles, sides, desserts, and beverages. Though originally based in Indiana, the brand developed a global presence through both company-owned and franchised locations. The company's commitment to quality ingredients remains central to its operations.
- School of Rock
- Other Services
- -
- 05-2026
- 376
- International
School of Rock began in Philadelphia in 1998 as a performance-based music education program and has grown into a franchised business with a wide international presence. The company combines private lessons, group band rehearsals, camps, workshops, and performance programs for students of many experience levels. Its School of Rock Method centers on playing music in ensembles and preparing for live performance, which shapes the company's teaching model and business verticals. Today, School of Rock serves musicians through a network of schools across multiple countries and continues to focus on music instruction, performance training, and related gear and franchising operations.
- Port Of Subs
- Sub Sandwich
- -
- -
- 127
- National
Port of Subs began in the early 1970s as a small sandwich shop in Nevada founded by two brothers from New Jersey under the name Sub Shop. After John Larsen and family acquired the business, a customer naming contest produced the Port of Subs brand, and the company later began franchising in the mid-1980s. The business focuses on made-to-order submarine sandwiches built with freshly sliced meats and cheeses, freshly baked breads, and customizable dressings and spices. Port of Subs also offers breakfast sandwiches, hot sandwiches, salads, party trays, desserts, and beverages, serving a regional market across the western United States.
- Mathnasium
- Other Services
- -
- 01-2013
- 1,170
- International
Mathnasium's instructional approach goes beyond traditional math tutoring. The Mathnasium Method™ transforms the way kids understand and appreciate math, which in turn builds their confidence and their love of learning. Their mission is to teach children math so they understand it, master it, and love it. Math can change their lives, and they can change the world. Children are not hardwired to be good or bad at math. With the right materials, the right instruction, and the right support, any child can learn, enjoy, and thrive in math. There’s nothing better than a well-trained, enthusiastic, and compassionate instructor providing face-to-face instruction to support each child exactly where they need it most. Learning math and solving math problems are fundamentally stimulating, rewarding, and fun activities. Although math mastery is a serious subject, they know how to keep the process fun.
- Farmers Insurance
- Insurance
- -
- -
- 19,602
- National
Farmers Insurance began in 1928, when its founders set out to provide quality insurance at a reasonable price. The company offers coverage for home, auto, life, business, recreational vehicles, and other financial products through multiple brands and distribution channels, including exclusive agencies, independent agents, online sales, and company call centers. Farmers has grown into a U.S. insurance group with a broad market presence and a national claims service network. The business continues to serve households and businesses across the country while maintaining its focus on insurance and related financial services.
- Nails R US
- Salon/Barber/Spa
- -
- 08-2009
- 1
- Local
Nails R Us are a salon located in 55 S Valle Verde Drive, Henderson. At Nails R’ Us they offer a variety of services such as nail care, pedicures, manicures, and waxing. At their salon they work hard to keep their business clean and comfortable for your sake.
| Tenant | Description | Size | Move Date | US Locations | Reach |
| McDonald's | Fast-food | - | - | 15,600 | International |
| Smith's Food & Drug Stores | Supermarket | - | 02-2009 | 201 | National |
| Papa John's | Pizza | - | - | 3,644 | International |
| School of Rock | Other Services | - | 05-2026 | 376 | International |
| Port Of Subs | Sub Sandwich | - | - | 127 | National |
| Mathnasium | Other Services | - | 01-2013 | 1,170 | International |
| Farmers Insurance | Insurance | - | - | 19,602 | National |
| Nails R US | Salon/Barber/Spa | - | 08-2009 | 1 | Local |
Property Facts
About the Property
Paseo Verde Plaza, located at 55–75 South Valle Verde Drive in Henderson, Nevada, presents a premier opportunity to own a highly visible retail asset in one of the region’s most affluent and rapidly growing communities. Positioned just off Interstate 215, the center benefits from exceptional freeway visibility and convenient access for residents, commuters, and tourists. Anchored by a high-performing Smith’s grocery store, the plaza is near full occupancy and features a diverse mix of tenants, reflecting the strong demand and long-term viability of the location. The property spans approximately 107,894 square feet and includes 548 surface parking spaces for customers and employees. With 873 feet of frontage along South Valle Verde Drive and prominent pylon signage, the center enjoys outstanding exposure. The plaza currently features 23 stores, creating a vibrant and synergistic shopping environment. Surrounding the center is a thriving residential base, with projections indicating a 7.5% population increase within a 3-mile radius between 2024 and 2028. These new residents are characterized by above-average household incomes, averaging $114,000, and contribute over $11 billion in annual consumer spending. Paseo Verde Plaza is also served by a dedicated turn lane and public bus line, enhancing accessibility and convenience. This is a rare chance to lease space in a well-located, high-performing retail center in a market defined by strong demographics, consistent growth, and exceptional visibility.
- Bus Line
- Dedicated Turn Lane
- Food Court
- Freeway Visibility
- Pylon Sign
- Signage
Marketing Brochure
Demographics
Demographics
About Southeast Las Vegas
The Southeast Las Vegas retail area encompasses a significant portion of Henderson and many of the area’s prominent master-planned neighborhoods. In recent years, Southeast Las Vegas has seen healthy population growth and housing construction. The local population tends to be well-educated with above-average median household incomes.
Neighborhood shopping centers make up nearly half the retail space in Southeast Las Vegas, which also includes a number of power centers and a few malls. Grocery stores, drug stores, fitness centers, and discount retailers are the majority of tenants in the area. Retailers are clustered along the primary arterial roads providing access from the high-end neighborhoods to the wider region.
Average rent levels in Southeast Las Vegas are at a discount to the region’s rate, offering tenants a more affordable option.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| McDonald's | - | - | 2 min walk |
| Toro Sushi | Japanese | - | 4 min walk |
| Boom Bang | European | - | 4 min walk |
| Tacotarian | - | $ | 4 min walk |
| Port of Subs | - | - | 4 min walk |
Retail |
||
|---|---|---|
| Leslie's Pool Supplies | Garden/Patio/Pool | 0 min walk |
| Smith's | Supermarket | 1 min walk |
| Bodyheat Tanning | Tanning Salon | 8 min walk |
| CVS Pharmacy | Drug Store | 9 min walk |
| Kohl's | Dept Store | 9 min walk |
Hotels |
|
|---|---|
| aloft Hotel |
136 rooms
7 min drive
|
| Homewood Suites by Hilton |
144 rooms
9 min drive
|
| Best Western Plus |
99 rooms
10 min drive
|
| Holiday Inn Express |
101 rooms
10 min drive
|
Leasing Agent
Leasing Agent
Miles Sansone, Development and Finance
About the Owner
Other Properties in the SANSONE COMPANIES Portfolio
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Paseo Verde Plaza | 55-75 S Valle Verde Dr
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