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Description
Colliers is pleased to present an exclusive opportunity to acquire ownership of a ±7.11 acre development site fronting N. Las Vegas Blvd. The subject parcel is located at a signalized intersection directly across from the North Las Vegas City Hall and Municipal Courts. Strategically located within a Qualified Opportunity Zone, the site is suitable for retail, multi-family, or mixed-use development and sits adjacent to Smith’s, Dutch Bros, Walgreens, Bank of America, 7-Eleven, and other notable national retailers.
The subject sits within one of the most active redevelopment corridors in the valley, with the City Hall and Municipal Court district positioned by the City of North Las Vegas as the catalyst for a new, walkable downtown. Led by Agora Realty, the most active retail developer and one of the largest Las Vegas commercial property owners, The City of North Las Vegas is advancing a multi-year, phased downtown redevelopment near Civic Center Dr., that will transform the 19-acre site into a mixed-used housing project with commercial and open spaces. Agora Realty is also working to transform the Lake Mead Blvd. and Las Vegas Blvd. corridor through their NLV Gateway project ($200M+ mixed-use district consisting of ±29 acres) and Hylo Park project (±$375M mixed-use district consisting of ±73 acres).
Agora also recently acquired the Maya Cinemas parcel, which the subject is an outparcel, further consolidating the corridor under a single master developer. The corridor is also now home to Nevada State University’s first satellite campus, which broke ground in April 2026 and opens to students in fall 2027. North Las Vegas is among the fastest-growing submarkets in the region, and the site services a strong daytime population of ±512,715 consumers within a 5-mile radius.
