1701 Las Vegas BlvdLas Vegas, NV 89104

Property Details for 1701 Las Vegas Blvd

Year built

1961

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.93 AC

Property size (Sq ft)

13,863 SF

Property type

Retail properties

Property subtype

Auto shops

APN

162-03-310-002

APU

16203310002

Description

This exceptional retail opportunity is located at 1701 S. Las Vegas Blvd, Las Vegas, NV 89104, at the intersection of Las Vegas Blvd and Oakey. The property, a 32,435 square foot shopping center on a 0.99-acre lot, offers multiple spaces for lease, ranging from a minimum of 1,463 square feet to a maximum contiguous space of 9,642 square feet. Currently, 26,259 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The property boasts a General Commercial (C-2) zoning designation, allowing for a wide range of retail uses. Recently renovated in 2024, the center is in excellent condition and ready for immediate occupancy. The property's Clark County APN is 162-03-310-002. This location benefits from high visibility and traffic counts on a major thoroughfare, making it ideal for businesses seeking strong exposure. The property is part of the BrewVegas development, a unique brewery campus creating a vibrant community experience. This is a rare chance to secure prime retail space in a rapidly developing area of Las Vegas. The property's size and flexible space options make it suitable for a variety of retail concepts, from individual stores to larger multi-tenant operations. Don't miss this chance to establish your business in a thriving Las Vegas location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,808,712

  6.5%

  $4,438,811

  7%

  $4,121,753

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,999,179

  Geo Method

  $6,999,179

• Alternative Use

  Use

  Valuation

  Residential

  $3,744,303

  Hospitality

  $3,429,762

  Educational

  $2,853,522

  Medical

  $2,951,658

  Retail

  $4,438,811

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1508

Longitude

-115.152

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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