The $XX Million Investment: 5 Critical Facts About 732 South Racetrack Road, Henderson NV 89015
The commercial landscape of Henderson, Nevada, is constantly evolving, and the property located at 732 South Racetrack Road stands out as a significant piece of the city's retail and showroom infrastructure. As of late 2025, this address represents a large, fully-leased multi-tenant building, often marketed as Racetrack Plaza, which continues to draw attention from regional and national investors looking to capitalize on the booming Southern Nevada economy. The complex is not just a collection of businesses; it is a strategic commercial asset that reflects the growth and mixed-use development strategy of the Henderson submarket.
This massive retail and showroom building, which anchors a critical intersection near Boulder Highway, has been a cornerstone of local commerce since its construction. Its current status as an attractive investment opportunity, combined with its high occupancy and flexible Corridor/Community Mixed-Use (MC) zoning, makes 732 South Racetrack Road a focal point for anyone tracking commercial real estate trends in the Las Vegas metropolitan area. The following deep dive explores the property's key details, its current tenants, and its importance to the Henderson business community.
Property Profile and Key Investment Details (732-748 S Racetrack Rd)
The address 732 South Racetrack Road is the primary designation for a substantial commercial complex that extends to 748 South Racetrack Road. Understanding its exact specifications is crucial for grasping its significance in the Henderson, NV 89015 zip code.
- Full Property Name: Racetrack Plaza
- Location: East of Horizon Drive and Boulder Highway, Henderson, NV
- Year Built: 1992
- Building Square Footage: Approximately 119,748 square feet (SF)
- Lot/Acreage: Approximately 6.711 acres (292,321 SF)
- Zoning: MC (Corridor/Community Mixed-Use)
- Occupancy: 100% leased to four major tenants (as per recent investment listings)
- Parking: Generous parking with 530 spaces (4.64 Spaces per 1,000 SF Leased)
- Loading: Serviced by two (2) dock high loading doors and one (1) drive-in loading door
- Current Status: Actively marketed as an exclusive investment opportunity for sale
This comprehensive profile highlights the property's scale. It is classified as a multi-tenant retail/showroom building, a designation that speaks to its flexibility and capacity to host a diverse range of businesses, from traditional retail to light industrial or logistics operations.
Anchor Tenants and Commercial Activity at Racetrack Plaza
The vitality of 732 South Racetrack Road is largely driven by its anchor tenants, which ensure the property maintains its 100% occupancy rate and strong cash flow, a key detail for potential commercial real estate investors. The tenant mix reflects the MC zoning, allowing for a blend of retail, service, and light distribution uses.
The Dominance of MAC.BID
A primary tenant and significant presence at the Racetrack Plaza is MAC.BID, a prominent online auction company. MAC.BID utilizes a substantial portion of the space for its operations, which include receiving, processing, and distributing a wide array of merchandise. The company's presence establishes the site as a major hub for secondary market retail and logistics in the Henderson area. Their business model, which involves high-volume turnover and frequent customer traffic for pickups, makes the property's large lot size and ample parking essential.
Sears Home Services and Local Services
Another entity associated with the 732 South Racetrack Road address is Sears Home Services. While the property is fully leased to four tenants, the listing of a major national service provider like Sears for appliance repair operations underscores the site's utility as a regional service center. This blend of e-commerce logistics (MAC.BID) and essential home services (Sears) contributes to the property's stability and diverse income streams.
The combination of these businesses ensures a constant flow of commercial activity, which is beneficial for the surrounding area and reinforces the property's value as a stable investment in the competitive Southern Nevada market. The building's design, featuring both showroom capabilities and essential loading docks, is perfectly suited for these types of hybrid retail and operational businesses.
Understanding the Corridor/Community Mixed-Use (MC) Zoning
The zoning classification of a property is arguably the most critical factor for its long-term value and development potential. 732 South Racetrack Road is zoned MC—Corridor/Community Mixed-Use—by the City of Henderson. This is a highly valuable designation in a rapidly growing metropolitan area.
Flexibility for Future Development
The MC zoning is designed to accommodate a diverse range of uses, including retail, office, and residential, often in a vertical or horizontal mixed-use format. This flexibility is a major selling point for the Racetrack Plaza. While it currently operates as a retail/showroom facility, the zoning provides significant optionality for future redevelopment or modification, allowing investors to adapt to changing market demands without needing lengthy re-zoning processes. This resilience makes the property an attractive target for sophisticated commercial investors.
Strategic Location in the Henderson Submarket
The property’s location is strategically placed in the Henderson submarket, a region experiencing massive population and economic expansion. The proximity to major thoroughfares like Boulder Highway and Horizon Drive, as well as easy access to the greater Las Vegas Valley, positions the Racetrack Plaza as a key logistical and retail node. Furthermore, its adjacency to a former Kmart location suggests a history of high-volume retail activity and potential for co-development opportunities on the surrounding land.
In addition to the main building, recent listings indicate that there are two available outlots—essentially undeveloped land parcels—available for lease at the 732 S Racetrack Rd address. These outlots present a "value-add" component, giving a potential owner the opportunity to develop new structures, such as fast-food restaurants, banks, or other complementary retail pads, further increasing the site's overall commercial density and profitability.
Investment Opportunity in Southern Nevada Real Estate
The current listing of 732-748 South Racetrack Road as an investment opportunity highlights its role in the broader Southern Nevada real estate market. The property is being offered by major commercial brokerage firms, underscoring its institutional quality.
Key Investment Drivers
The investment appeal of Racetrack Plaza is rooted in several key factors:
- 100% Occupancy: A fully-leased property provides immediate, stable income to a new owner.
- High-Traffic Location: Situated on Racetrack Road, a well-known artery in Henderson, ensuring high visibility and accessibility.
- E-Commerce Resilience: The presence of MAC.BID, an e-commerce logistics company, suggests the property is well-positioned to benefit from the continued growth of online retail and distribution.
- Long-Term Growth: Henderson and the entire Las Vegas metro area are seeing continued economic diversification and population influx, which drives demand for quality commercial space.
For investors, this property represents a chance to acquire a large, established retail and showroom asset with a reliable tenant base and significant future development potential, backed by the flexible MC zoning. It is a prime example of a stable, income-producing property in one of Nevada's fastest-growing cities.
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