1331 W Warm Springs Rd 17,990 SF 100% Leased Retail Building Henderson, NV 89014 $6,500,000 ($361.31/SF) 6.15% Cap Rate

NAI Excel, as exclusive advisor, is pleased to present the opportunity to acquire Adobe Springs Plaza (“Adobe Springs”), a busy retail strip center totaling ±17,990 square feet, in Henderson, Nevada. The center was constructed in 2005 and is 100% occupied by seven (7) tenants, including Starbucks, ATI Physical Therapy, and the U.S. Armed Forces. Five of the seven tenants have occupied the center for longer than 10 years, and two of the tenants (Starbucks and Cash 1) have occupied the center since 2005 – 2006.
Adobe Springs is located in one of Southern Nevada’s busiest trade areas, surrounded by major shopping, leisure, and employment centers. Several notable retail tenants have recently moved into the trade area including LongHorn Steakhouse, Boot Barn, and a 130,000 square-foot Smith’s (Kroger) Marketplace that opened in January 2026. Adobe Springs also benefits from strong demographics with an estimated population of 142,000 within a 3-mile radius and average household incomes of $110,000 per year.
Adobe Springs sits at a signalized intersection with a high-profile pylon sign, offers excellent street frontage and visibility to all tenants, and features generous parking with 123 stalls (6.83:1,000).