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1395 E Tropicana Ave 5,331 SF of Retail Space Available in Las Vegas, NV 89119
HIGHLIGHTS
- Fully Equipped: Turnkey restaurant space with existing kitchen, hood system, grease trap, and large walk-in cooler, ready for immediate occupancy.
- 1.8 miles east of the Las Vegas Strip
- Strong Demographics: Positioned in a dense area with 419,217 population and $76,498 average household income within a 5-mile radius (2024 projections)
- Prime Location: ±5,331 SF freestanding restaurant building located across from UNLV and Thomas & Mack Center
- High Visibility: Situated at a busy intersection with ±75,000 combined cars per day, featuring a pylon sign for maximum exposure
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,331 SF | 10-20 Years | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $13,328 /MO $159,930 /YR | Triple Net (NNN) |
1st Floor
Former Metro Pizza, Hoods, Grease Traps, and all furniture still in place See below for tour of space https://my.matterport.com/show/?m=A1bipRgmJnb
- 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
- Fully Equipped: Turnkey restaurant
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 | 5,331 SF | Gross Leasable Area | 5,331 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Restaurant |
| Total Space Available | 5,331 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,331 SF |
| Year Built | 2000 |
ABOUT THE PROPERTY
Located at 1395 E. Tropicana Ave., the property sits on a ±0.77-acre lot directly across from UNLV and the Thomas & Mack Center, just 1.8 miles east of the Las Vegas Strip. Built in 2000, this fully-equipped restaurant space features an existing kitchen with hood system, grease trap, and large walk-in cooler. The high-visibility site boasts a pylon sign and ample parking, situated at a busy intersection with ±75,000 combined cars per day. Previously home to a successful local chain, this established restaurant location is poised to capitalize on its built-in customer base and proximity to major Las Vegas attractions. See below for a tour of the space: https://my.matterport.com/show/?m=A1bipRgmJnb
- Pylon Sign
- Restaurant
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| E Tropicana Ave | Brussels St, W | 53,061 | 2022 | 0.22 mi |
| East Tropicana Avenue | Brussels St, W | 55,500 | 2019 | 0.25 mi |
| Spencer St | E Tropicana Ave, N | 6,081 | 2022 | 0.35 mi |
| Spencer Street | E Tropicana Ave, N | 7,150 | 2019 | 0.35 mi |
| S Maryland Pkwy | Century Garden Dr, N | 17,388 | 2018 | 0.40 mi |
| Spencer St | E Reno Ave, S | 1,441 | 2018 | 0.40 mi |
| East Tropicana Avenue | Spencer St, W | 40,500 | 2019 | 0.41 mi |
| E Tropicana Ave | Spencer St, W | 43,835 | 2022 | 0.43 mi |
| Maryland Parkway | S Maryland PkwyAve, S | 21,300 | 2019 | 0.51 mi |
| S Maryland Pkwy | S Maryland PkwyAve, S | 19,389 | 2022 | 0.51 mi |
NEARBY MAJOR RETAILERS
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