Village Center at Zephyr Cove

212 Elks Point Rd, Zephyr Cove, NV 89448

Property Information

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 115,984 SF
  • Units 45
  • Lot Size 10.2 Acre
  • Parking Spaces Avail. 494
  • Parking Ratio 4.25 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1998
  • Date Updated Sep 1, 2026

Description

Village Center at Zephyr Cove is strategically positioned at the signalized intersection of U.S. Highway 50 and Elks Point Road in Zephyr Cove, Nevada, along Lake Tahoe’s primary commercial and visitor corridor. The center benefits from approximately 23,000 vehicles per day and serves as the closest major retail destination for residents and visitors along the southeastern shore of Lake Tahoe, including Round Hill, Zephyr Cove and surrounding Douglas County communities. Within a five-mile radius, the trade area includes approximately 19,096 residents, 8,421 households, a median household income of $61,895 and an average household income of $95,045. These permanent residents are supplemented by Lake Tahoe’s substantial year-round tourism population. The property is located adjacent to two popular beaches and less than two miles from Stateline, home to the region’s largest concentration of hotels, casinos, entertainment venues and visitor accommodations. The center’s established drawing power is reinforced by Safeway, U.S. Postal Service, Dollar Tree, Wells Fargo, Barton Health, Anytime Fitness and a complementary mix of dining, service and neighborhood-oriented businesses.NAI Tahoe Sierra 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.

Highlights

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

3 Spaces Available

Suite 206

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

543 SF

Divisible Space

543 - 543 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Suite 331

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,036 SF

Divisible Space

1,036 - 1,036 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Suite 440

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

936 SF

Divisible Space

936 - 936 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Available on 9/1/2026

Contacts

Location

Located at 212 Elks Point Rd, Zephyr Cove, NV 89448, this property is part of the Round Hill Village neighborhood and Reno market.

Contact Listing Broker
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