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1375 E Tropicana Ave

8,794 SF Retail Building Las Vegas, NV 89119 £3,133,200 (£356/SF)

Investment Highlights

  • ±8,794 SF freestanding second generation restaurant
  • Fully equipped restaurant space with existing kitchen, hood system, grease trap and large walk-in coolers
  • Large pylon sign opportunity
  • Located across from UNLV and Thomas & Mack Center
  • Strong traffic counts exceeding ±75,000 CPD at the intersection of E. Tropicana and S. Maryland Pkwy
  • Potential to combine with adjacent parcel at 1395 E Tropicana Ave for a larger development opportunity; combined land size total ±2.05 AC

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,794 SF
Building Class
B
Year Built
1992
Price
£3,133,200
Price Per SF
£356
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
1.28 AC
Zoning
CG - Commercial General
Parking
85 Spaces (9.67 Spaces per 1,000 SF Leased)
Frontage
129 ft on Tropicana Ave

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,794 SF
  • Restaurant
  • Outparcel
  • Now

\

Space Size Space Use Position Available
1st Floor 8,794 SF Restaurant Outparcel Now

1st Floor

Size
8,794 SF
Space Use
Restaurant
Position
Outparcel
Available
Now

1st Floor

Size 8,794 SF
Space Use Restaurant
Position Outparcel
Available Now

\

Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Vons
Dotty's
Dutch Bros
Bank of America
Starbucks
America First Credit Union
Peet's Coffee
Cafe Rio
U.S. Bank
The Coffee Bean and Tea Leaf

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-26-101-005
Land Assessment
£183,432
Improvements Assessment
£347,701
Total Assessment
£531,135
  • Listing ID: 34160601

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 1375 E Tropicana Ave, Las Vegas, NV 89119

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