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Eastwig Center 8505-8515 S Eastern Ave
1,248 SF of Retail Space Available in Las Vegas, NV 89123
Highlights
- The space is located in a medical/retail hub with many healthcare and retail tenants
- The space offers exceptional visibility and high traffic counts of approximately 47,300 CPD (cars per day)
- The area is surrounded by strong demographics with over 345,539 residents
- The space is situated on the prominent corner of Wigwam and Eastern Avenues in a mature suburban area
- It has convenient access to the CC-215 freeway with traffic counts of approximately 176,000 CPD
- The advertisement advises "Do not disturb tenant"
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,248 SF | Negotiable | $36.00 USD/SF/YR $3.00 USD/SF/MO $387.50 USD/m²/YR $32.29 USD/m²/MO $3,744 USD/MO $44,928 USD/YR | Triple Net (NNN) |
8505-8515 S Eastern Ave - 1st Floor
Approximately 1,248 square feet of restaurant space available in Suite 103.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
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 FOR 8505-8515 S Eastern Ave , Las Vegas, NV 89123
| Center Type | Strip Center | Gross Leasable Area | 11,780 SF |
| Parking | 74 Spaces | Total Land Area | 1.38 AC |
| Stores | 3 | Year Built | 2005 |
| Center Properties | 1 | Cross Streets | Wigwam |
| Frontage |
| Center Type | Strip Center |
| Parking | 74 Spaces |
| Stores | 3 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 11,780 SF |
| Total Land Area | 1.38 AC |
| Year Built | 2005 |
| Cross Streets | Wigwam |
About the Property
Here is a brief property description based on the highlights provided in the image: This 1,248 square foot restaurant space is located in a thriving medical and retail hub in a mature suburban area. Situated on the prominent corner of Wigwam and Eastern Avenues, the property benefits from exceptional visibility and high traffic counts of over 47,300 cars per day. The space is conveniently accessed via the nearby CC-215 freeway, which sees approximately 176,000 cars passing by daily. The surrounding area is comprised of strong demographics, with over 345,000 residents in the vicinity. The current tenants include Village Pub, Check City, and Fuzzy Dice, creating a synergistic mix of retail and dining options. This presents an opportunity for a new restaurant or retail operator to join this established medical/commercial district.
Nearby Major Retailers
Contacts
-
Jason Otter -
Bart DeBuono -
Cooper Powell -
Madeline Nuha -
Logic Commercial Real Estate
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Eastwig Center | 8505-8515 S Eastern Ave
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