Firefighters battle a blaze at Nellis Plaza at 1000 N. Nellis Blvd. in east Las Vegas, Wednesday, April 29, 2020. (Glenn Puit/Las Vegas Review-Journal)
On Rainbow Boulevard at Cheyenne Avenue, a strip mall and the apartment complex next door reflect the state of things in commercial real estate. The strip mall, Cheyenne Commons, was foreclosed on last year and has plenty of tenants but also several vacancies. The neighboring apartment complex, The Grove, has soared in value. It sold for $34.5 million in November, after trading for $19.5 million just two years ago.
A firefighter was injured and was taken to a hospital with injuries that were not life threatening when a fire broke out at a strip mall in the southwest Las Vegas Valley Monday night.
The fire was first reported at 10:52 p.m. on the 3400 block of Jones Boulevard, near Desert Inn Road, and as of 1:30 a.m. Tuesday firefighters and police were still at the scene. At least seven businesses were damaged, including a furniture store at the north end of the mall. The strip mall also houses several restaurants, including Fuku Burger, which was on the opposite end from where the fire broke out.