• Broker Sean Margulis 7023404251
  • Broker Landon Tenwolde 7029544141
  • Broker Gilberto Villegas 7029544173

1375 E Tropicana Ave 8,794 SF of Retail Space Available in Las Vegas, NV 89119

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HIGHLIGHTS

  • Prime +/- 8,794 Sf 2nd-generation restaurant located across UNLV and the Thomas & Mack Center
  • Fully equipped restaurant space with existing kitchen and hood system.
  • Single Tenant, freestanding restaurant building with high visibility on busy intersection (+/- 75,00 combined CPD)
  • Grease trap and large walk in cooler(s) already in place

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 8,794 SF
  • Negotiable
  • $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $24,184 /MO $290,202 /YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Walk in cooler and freezer

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Former Resturant
Space Size Term Rental Rate Rent Type
1st Floor 8,794 SF Negotiable $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $24,184 /MO $290,202 /YR Triple Net (NNN)

1st Floor

Size
8,794 SF
Term
Negotiable
Rental Rate
$33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $24,184 /MO $290,202 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Walk in cooler and freezer

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Former Resturant

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.

PROPERTY FACTS

Total Space Available 8,794 SF Gross Leasable Area 8,794 SF
Property Type Retail Year Built 1992
Property Subtype Restaurant Parking Ratio 9.67/1,000 SF
Total Space Available 8,794 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 8,794 SF
Year Built 1992
Parking Ratio 9.67/1,000 SF

ABOUT THE PROPERTY

LOGIC Commercial Real estate is proud to present this prime restaurant opportunity in the heart of Las Vegas' university district. This turnkey ±8,794 SF former Macayo's restaurant sits on ±1.28 acres directly across from UNLV and the Thomas & Mack Center. The fully-equipped space features an existing kitchen with hood system, walk-in coolers, and grease trap. Located just ±1.8 miles east of the Las Vegas Strip, the property benefits from excellent visibility at a busy intersection with ±75,000 combined CPD and prominent pylon signage opportunities. The strategic location taps into a robust customer base with 26,505 residents within one mile and an average household income of $60,122. The property offers abundant parking at a 10:1 ratio and potential for expansion - an adjacent ±0.77-acre parcel can be combined to create a ±2.05-acre development opportunity with ±215 linear feet of frontage on Tropicana Avenue. This established restaurant site presents an exceptional opportunity in a high-traffic area near Harry Reid International Airport, with strong demographics and significant development potential.

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

ATTACHMENTS

1375 E. Tropicana Ave. - Sale or Lease Flyer

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
E Tropicana Ave Brussels St, W 50,294 2023 0.22 mi
East Tropicana Avenue Brussels St, W 50,768 2025 0.22 mi
Spencer St E Tropicana Ave, N 6,051 2024 0.38 mi
Spencer Street E Tropicana Ave, N 6,004 2025 0.38 mi
S Maryland Pkwy Century Garden Dr, N 17,388 2018 0.39 mi
Spencer St E Reno Ave, S 1,441 2018 0.42 mi
E Tropicana Ave Spencer St, W 41,779 2023 0.44 mi
East Tropicana Avenue Spencer St, W 42,404 2025 0.44 mi
NV 593 Spencer St, W 38,035 2025 0.47 mi
East Harmon Avenue S Ascot Dr, E 7,081 2025 0.50 mi
Walk Score®
Very Walkable (75)

NEARBY MAJOR RETAILERS

Dutch Bros
Starbucks
Peet's Coffee
Dotty's
Vons
Bank of America
America First Credit Union
Cafe Rio
U.S. Bank
The Coffee Bean and Tea Leaf

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 33440221

  • Date on Market: 10/7/2024

  • Last Updated: 5/12/2025

  • Address: 1375 E Tropicana Ave, Las Vegas, NV 89119