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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) |
Walk in cooler and freezer
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.
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 |
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.
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 |