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Commerce Street Studios 1551 S Commerce St

649 - 13,220 SF of Retail Space Available in Las Vegas, NV 89102

Highlights

  • Fully renovated property (plumbing, electrical, roof, HVAC, Exterior)
  • New staircases and elevator
  • Building signage available
  • New exterior facade with glass doors and windows
  • Studio/creative spaces available on second level
  • surrounded by new and redevelopment including multifamily and retail

Space Availability (10)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 100
  • 2,856 SF
  • Negotiable
  • $39.00 /SF/YR $3.25 /SF/MO $111,384 /YR $9,282 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 110
  • 3,351 SF
  • Negotiable
  • $39.00 /SF/YR $3.25 /SF/MO $130,689 /YR $10,891 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 2nd Floor, Ste 200
  • 1,749 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $73,458 /YR $6,122 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 2nd Floor, Ste 210
  • 806 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $33,852 /YR $2,821 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 2nd Floor, Ste 220
  • 700 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $29,400 /YR $2,450 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 2nd Floor, Ste 230
  • 650 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $27,300 /YR $2,275 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 2nd Floor, Ste 240
  • 649 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $27,258 /YR $2,272 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 2nd Floor, Ste 250
  • 698 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $29,316 /YR $2,443 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 2nd Floor, Ste 260
  • 781 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $32,802 /YR $2,734 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • 2nd Floor, Ste 270
  • 980 SF
  • Negotiable
  • $42.00 /SF/YR $3.50 /SF/MO $41,160 /YR $3,430 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
Space Size Term Rental Rate Rent Type
1st Floor, Ste 100 2,856 SF Negotiable $39.00 /SF/YR $3.25 /SF/MO $111,384 /YR $9,282 /MO Modified Gross
1st Floor, Ste 110 3,351 SF Negotiable $39.00 /SF/YR $3.25 /SF/MO $130,689 /YR $10,891 /MO Modified Gross
2nd Floor, Ste 200 1,749 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $73,458 /YR $6,122 /MO Modified Gross
2nd Floor, Ste 210 806 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $33,852 /YR $2,821 /MO Modified Gross
2nd Floor, Ste 220 700 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $29,400 /YR $2,450 /MO Modified Gross
2nd Floor, Ste 230 650 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $27,300 /YR $2,275 /MO Modified Gross
2nd Floor, Ste 240 649 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $27,258 /YR $2,272 /MO Modified Gross
2nd Floor, Ste 250 698 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $29,316 /YR $2,443 /MO Modified Gross
2nd Floor, Ste 260 781 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $32,802 /YR $2,734 /MO Modified Gross
2nd Floor, Ste 270 980 SF Negotiable $42.00 /SF/YR $3.50 /SF/MO $41,160 /YR $3,430 /MO Modified Gross

1st Floor, Ste 100

Size
2,856 SF
Term
Negotiable
Rental Rate
$39.00 /SF/YR $3.25 /SF/MO $111,384 /YR $9,282 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

1st Floor, Ste 110

Size
3,351 SF
Term
Negotiable
Rental Rate
$39.00 /SF/YR $3.25 /SF/MO $130,689 /YR $10,891 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

2nd Floor, Ste 200

Size
1,749 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $73,458 /YR $6,122 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

2nd Floor, Ste 210

Size
806 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $33,852 /YR $2,821 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

2nd Floor, Ste 220

Size
700 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $29,400 /YR $2,450 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2nd Floor, Ste 230

Size
650 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $27,300 /YR $2,275 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2nd Floor, Ste 240

Size
649 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $27,258 /YR $2,272 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2nd Floor, Ste 250

Size
698 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $29,316 /YR $2,443 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2nd Floor, Ste 260

Size
781 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $32,802 /YR $2,734 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

2nd Floor, Ste 270

Size
980 SF
Term
Negotiable
Rental Rate
$42.00 /SF/YR $3.50 /SF/MO $41,160 /YR $3,430 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 1551 S Commerce St , Las Vegas, NV 89102

Total Space Available 13,220 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 13,220 SF
Year Built 1975
Parking Ratio 0.45/1,000 SF

About the Property

1551 S Commerce is undergoing a transformative renovation that will completely revitalize the property. The projects features two stories with two ±3,000 square foot spaces on the ground floor and studio/creative/office spaces on the second level ranging from ±650 - ±1,749 square feet. Every aspect of the building is being upgraded including all new infrastructure, an elevator, new staircases, and new exterior façade featuring glass storefront doors and windows making the building more visually appealing. The project location benefits from a mix of newly renovated properties, new businesses, and ground up retail and multifamily projects in the immediate area.

  • Bus Line
  • Courtyard
  • Fenced Lot
Walk Score®
Very Walkable (71)
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

Boston Pizza
F45 Training, Inc.
Denny's
IHOP
Fat Tuesday
The Coffee Bean & Tea Leaf
Starbucks
CrossFit
Chase
Green Leaf's & Bananas
  • Listing ID: 32383060

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 1551 S Commerce St, Las Vegas, NV 89102

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