development opportunity - loopnet · 2019-06-10 · • anchored by essence cannabis dispensary -...
TRANSCRIPT
DEVELOPMENTOPPORTUNITY5765 W TROPICANA AVELAS VEGAS, NV 89103
David HouleSenior [email protected]
Carlos MorenoSenior Advisor702.527.7652 [email protected]
Nolan Julseth-WhiteManaging [email protected]
OFFERING SUMMARY
Availability: 0.32 Acres
Occupancy Type: Ground Lease
Lease Rate: Negotiable
Property Type: Corner Pad
Cross Streets: Tropicana & Duneville
Major Cross Streets: Tropicana & Decatur
Zoning: C-2
Market: Las Vegas
Submarket: Southwest
SVN | The Equity Group is proud to present a rare retail development opportunity on a corner pad available for GroundLease terms in a vibrant shopping center anchored by Essence Cannabis Dispensary along the westerly Tropicanacorridor. Great exposure with a strong flow of traffic in and out of the center on an hourly basis. Tenant mix includes atattoo shop, hookah lounge, massage parlor, mini-mart, small restaurant, and neighborhood market.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Anchored by Essence Cannabis Dispensary - ranked by Hightimes as one of Las Vegas's top 10 dispensaries
• Approximately 2.5 miles from the Las Vegas Strip & 5.5 miles from Summerlin
• Rare development opportunity for a national tenant on ground leased terms
• Flexible terms for a great corner pad in a newly renovated retail center
• +/- 46,000 cars per day passing on Tropicana Avenue
• +/- 122.5 feet of frontage facing Tropicana Avenue
• Surrounded by high-density residential
DEVELOPMENT OPPORTUNITY
GALLERIA PLAZA | 5765 W TROPICANA AVE LAS VEGAS, NV 89103 SVN | The Equity Group | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
GALLERIA PLAZA | 5765 W TROPICANA AVE LAS VEGAS, NV 89103 SVN | The Equity Group | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Site Plan
GALLERIA PLAZA | 5765 W TROPICANA AVE LAS VEGAS, NV 89103 SVN | The Equity Group | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
TRAFFIC COUNT
Traffic Count 46,000
Traffic Count Street Tropicana Avenue
Traffic Count Frontage 123
DEMOGRAPHICS 0.5 MILES 1 MILE 1.5 MILES
Total Households 4,236 13,753 21,473
Total Population 9,092 30,931 48,869
Average HH Income $50,262 $54,036 $56,788
Aerial Map
GALLERIA PLAZA | 5765 W TROPICANA AVE LAS VEGAS, NV 89103 SVN | The Equity Group | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Map