1395 E Tropicana Ave - Restaurant FOR SALE


Las Vegas, NV 89119
$3,000,000 USD
248-495-7586
1395 E Tropicana Ave, Las Vegas, NV for Sale
$3,000,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

NEW


1395 E Tropicana Ave
Las Vegas, NV 89119


HIGHLIGHTS

  • Prime Location: ±5,331 SF freestanding restaurant building located across from UNLV and Thomas & Mack Center
  • Fully Equipped: Turnkey restaurant space with existing kitchen, hood system, grease trap, and large walk-in cooler
  • Strong Demographics: Positioned in a dense area with ±419,217 population and ±$76,498 average household income within a 5-mile radius
  • High Visibility: Situated at a busy intersection with ±75,000 combined cars per day, featuring a pylon sign for maximum exposure
  • ±1.8 miles east of the Las Vegas Strip
  • Potential to combine with adjacent parcel at 1375 E. Tropicana Ave for a larger development opportunity; combined land size ±2.05 AC

OVERVIEW

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. Use the link below to access a virtual tour of the space: https://my.matterport.com/show/?m=A1bipRgmJnb

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$563 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

CG

APN/PARCEL ID

162-26-101-006

ASK ABOUT THIS PROPERTY

Landon TenwoldeLogic Commercial Real EstateMore Info
248-495-7586

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Landon TenwoldeLogic Commercial Real EstateMore Info
248-495-7586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.