This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Premier Multi-Tenant Retail Property For Sale 1405 E Sunset Rd

23,346 SF Retail Building Las Vegas, NV 89119 $8,950,000 ($383/SF)

Investment Highlights

  • Unobstructed Views: The property delivers spectacular views of airport landings with the iconic Las Vegas Strip in the background
  • Built-in Cash Flow: This property offers the advantage of existing leases, providing a steady revenue stream and reducing operational risk
  • Fully Equipped Banquet Hall: Spacious and versatile event space ideal for hosting weddings, corporate/private events and live performances.
  • Exclusive Location: Situated within a corridor with rare opportunities for property acquisition, ensuring prestigious and sought after position
  • Plug & Play Restaurant and Bar: Fully equipped with modern kitchen facilities, stylish furnishings and ready for immediate operation
  • Integrated Hookah Lounge: Adjoined to the restaurant is a chic hookah lounge, equipped with seating and audio-visual equipment

Executive Summary

Mega Broker, Entertainment Division is pleased to present an owner-user/investment opportunity at 1405 Sunset Rd, a multi-tenant retail building situated on a corner lot in the Sunset Airstrip corridor, with a 43,000 daily traffic count.
Spanning 23,346 square feet on a 0.85-acre lot across from the Las Vegas Airport, this property features spectacular, unobstructed views of airport landings and the Las Vegas Strip.
The ground floor has three units, two of which are leased to a B2B and a quick service restaurant, with the third unit in lease pending status.
The second level, Suite 200, offers an impressive, turnkey restaurant and bar space with airport and Las Vegas Strip views, an adjoining hookah lounge, and a recently renovated banquet hall. Ideal for an owner-operator or available for lease, this level presents opportunities for various business ventures.
Additional amenities include a basement level parking garage providing ample parking for customers and staff.
Seller financing is available, with terms and conditions, subject to buyer qualification.
This is a rare opportunity to purchase an extraordinary property in a coveted corridor that seldom become available. For more information, please inquire with the broker. Do not disturb current occupants.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
23,346 SF
Building Class
B
Year Built
2010
Price
$8,950,000
Price Per SF
$383
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.63
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
Industrial Park (IP) - Light Industrial
Parking
89 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
284 FT on Escondido St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning
  • Balcony

Nearby Major Retailers

Baja Fresh
Sugar Factory
Starbucks
Shake Shack
Ruby's Diner
The Coffee Bean and Tea Leaf
Great Steak
Heidi's Brooklyn Deli
Bank of America
Farmer Boys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
177-02-102-001
Land Assessment
$259,182
Improvements Assessment
$1,605,086
Total Assessment
$1,864,268
  • Listing ID: 33764797

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 1405 E Sunset Rd, Las Vegas, NV 89119

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}