Orange Grove at Rhodes Ranch — Lease in Las Vegas, NV
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Las Vegas, NV 89148
- Size: 2,758 SF
Description
Busy shopping center serving Rhodes Ranch and other surrounding communities. Great co-tenancy including Verizon Wireless, KAI Salon Suites, Jersey Mike’s Subs, Mathnasium, Roberto’s Taco Shop and more. The corner of Warm Springs & Durango is a major retail hub for residents in the southwest; retail developments occupy all four corners. Orange Grove is located just 3/4 of a mile from the 215 Beltway Durango exit and the Ashley Furniture & IKEA stores, the 40-acre “Uncommons” mixed-use development, and the Durango Station Casino & Hotel.
Market Context
This retail in Las Vegas, NV is listed for lease across 2,758 SF. It has been on the market for 54 days. Compare it against other retail listings for lease in Las Vegas, NV — view the full market.
As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Las Vegas?
- About 6.5% as of Q1 2026, per multiple brokerage reports.
Estimated Market Rate
$1.89/SF/mo – $2.55/SF/mo
Mid: $2.22/SF/mo
Estimated total for 2,758 SF: $6,123 per month
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Mike Zobrist · 1702405-1755 · mike.zobrist@nmrk.com
- Mike Zobrist · 1702405-1755 · mike.zobrist@nmrk.com
- Lauren Tabeek · 1702405-1707 · lauren.tabeek@nmrk.com
- Scott Price · 1702405-1728 · scott.price@nmrk.com
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