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Highlights

  • Only grocery-anchored center on Nevada’s South Shore of Lake Tahoe
  • Home to Zephyr Cove’s primary post office and Wells Fargo Bank and diverse mix of established businesses
  • Significant center-wide improvements planned under new ownership
  • Anchored by a top-performing Safeway grocery store
  • Central Highway 50 location with excellent visibility and access
  • Serving Tahoe’s residents, visitors, and resort-driven customer base

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Suite 206
  • 543 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
212 Elks Point Rd - 1st Floor - Ste Suite 206
Space Use
Retail
Availability
August 19, 2026
  • 1st Floor, Ste Suite 331
  • 1,036 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
212 Elks Point Rd - 1st Floor - Ste Suite 331
Space Use
Retail
Availability
August 19, 2026
  • 1st Floor, Ste Suite 440
  • 936 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Modified Gross
212 Elks Point Rd - 1st Floor - Ste Suite 440
Space Use
Retail
Availability
August 19, 2026
  • Listed rate may not include certain utilities, building services and property expenses
Space Size Term Rental Rate Rent Type
1st Floor, Ste Suite 206 543 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Suite 331 1,036 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Suite 440 936 SF Negotiable Upon Request Upon Request Upon Request Upon Request Modified Gross

212 Elks Point Rd - 1st Floor - Ste Suite 206

Size
543 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
August 19, 2026

212 Elks Point Rd - 1st Floor - Ste Suite 331

Size
1,036 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
August 19, 2026

212 Elks Point Rd - 1st Floor - Ste Suite 440

Size
936 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Modified Gross
Space Use
Retail
Availability
August 19, 2026

  • Listed rate may not include certain utilities, building services and property expenses

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 Village Center at Zephyr Cove

  • Tenant
  • Description
  • US Locations
  • Reach
  • Anytime Fitness
  • Fitness
  • 2,656
  • International
  • Casey's-An American Cantina
  • Restaurant
  • 1
  • Local
  • Corcoran
  • Real Estate
  • 398
  • International
  • Dollar Tree
  • Dollar/Variety/Thrift
  • 9,255
  • International
  • Lake Tahoe Surgical Center
  • Health Care
  • 5
  • Local
  • United States Postal Service
  • Business/Copy/Postal Services
  • 33,351
  • National
Tenant Description US Locations Reach
Anytime Fitness Fitness 2,656 International
Casey's-An American Cantina Restaurant 1 Local
Corcoran Real Estate 398 International
Dollar Tree Dollar/Variety/Thrift 9,255 International
Lake Tahoe Surgical Center Health Care 5 Local
United States Postal Service Business/Copy/Postal Services 33,351 National

Property Facts

Total Space Available 2,515 SF
Center Type Neighborhood Center
Parking 494 Spaces
Stores 48
Center Properties 1
Frontage N/Av
Gross Leasable Area 83,334 SF
Total Land Area 10.20 AC
Year Built 1998
Cross Streets Hwy. 50 at Elks Pt. Rd.

About the Property

NAI Alliance is pleased to offer leasing opportunities at Village Center at Zephyr Cove, the only grocery-anchored commercial center on the Nevada side of Lake Tahoe’s South Shore. The ±115,984-square-foot center occupies a prominent, central location along U.S. Highway 50 at Elks Point Road and is anchored by a top-performing Safeway, the primary Zephyr Cove Post Office, Wells Fargo Bank, and a diverse mix of established businesses. Village Center benefits from exceptional highway visibility, convenient access, ample parking, and proximity to the South Shore’s residential neighborhoods, resorts, and recreational destinations. Under new ownership, significant center-wide improvements are planned to refresh the property and strengthen its position as a primary shopping and service destination for Tahoe’s year-round residents and visitors.

Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100

Nearby Major Retailers

CrossFit
Starbucks
  • Listing ID: 41776101

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 212 Elks Point Rd, Zephyr Cove, NV 89448

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