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353 E Bonneville Ave - Juhl 3,023 SF Retail Condo Unit Offered at $1,596,000 in Las Vegas, NV 89101
INVESTMENT HIGHLIGHTS
- Tenant has just over 5 years of term remaining
- Retail Condo at Juhl mixed-use development
EXECUTIVE SUMMARY
Strategic Downtown Core Positioning: Situated in the Juhl mixed-use development, this suite benefits from constant foot traffic from residents, nearby office workers, and downtown visitors. Walkability & Visibility: Located on a high-visibility corner, this ground-floor suite offers excellent exposure along Bonneville Avenue, just blocks from Las Vegas Boulevard. Dense Daytime Population: Minutes from Zappos HQ, The Federal Courthouse, Fremont East, and multiple legal and professional service firms—ideal for lunch and commuter traffic. Growing Urban Renaissance: The Downtown Las Vegas submarket has seen explosive revitalization driven by tech investment, hospitality growth, and creative entrepreneurial ventures. Please do not disturb tenant.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
SITE AMENITIES
- 24 Hour Access
- On-Site Retail
1 UNIT AVAILABLE
Unit 191
| Unit Size | 3,023 SF | Sale Type | Investment or Owner User |
| Price | $1,596,000 | Cap Rate | 6.39% |
| Price Per SF | $527.95 | NOI | $102,051.60 |
| Condo Use | Retail | APN/Parcel ID | 139-34-312-034 |
| Unit Size | 3,023 SF |
| Price | $1,596,000 |
| Price Per SF | $527.95 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.39% |
| NOI | $102,051.60 |
| APN/Parcel ID | 139-34-312-034 |
DESCRIPTION
We are pleased to present a investor opportunity, with over 65 months remaining on the lease with annual increases, in the heart of Downtown Las Vegas’ thriving Arts District. Suite 191 at 353 E. Bonneville occupied by a health-focused fast-casual restaurant specializes in fresh, made-to-order meals centered on high-quality proteins, seasonal vegetables, and balanced nutrition.
The concept appeals to health-conscious professionals, fitness-oriented customers, and families seeking convenient, wholesome dining options. With a modern, clean aesthetic and efficient service model, the tenant generates strong daytime and evening traffic, and is well suited for neighborhood retail and mixed-use environments.
The area offers future upside potential! Long-term value appreciation potential as downtown continues its trajectory as a live-work-play destination.
In the Heart of the Arts District – A culturally rich, rapidly growing area popular with locals and tourists alike for its art galleries, breweries, coffee shops, and eclectic retail.
Surrounded by Residential Growth – With over 1,500 residential units within walking distance (including Juhl itself), the area boasts a built-in, health-conscious customer base.
Pro-Business Environment – The city of Las Vegas and local economic development agencies continue to support small businesses, startups, and long-term investment in the downtown corridor.
SALE NOTES
We are pleased to present a investor opportunity, with over 65 months remaining on the lease with annual increases, in the heart of Downtown Las Vegas’ thriving Arts District. Suite 191 at 353 E. Bonneville occupied by a health-focused fast-casual restaurant specializes in fresh, made-to-order meals centered on high-quality proteins, seasonal vegetables, and balanced nutrition.
The concept appeals to health-conscious professionals, fitness-oriented customers, and families seeking convenient, wholesome dining options. With a modern, clean aesthetic and efficient service model, the tenant generates strong daytime and evening traffic, and is well suited for neighborhood retail and mixed-use environments.
The area offers future upside potential! Long-term value appreciation potential as downtown continues its trajectory as a live-work-play destination.
In the Heart of the Arts District – A culturally rich, rapidly growing area popular with locals and tourists alike for its art galleries, breweries, coffee shops, and eclectic retail.
Surrounded by Residential Growth – With over 1,500 residential units within walking distance (including Juhl itself), the area boasts a built-in, health-conscious customer base.
Pro-Business Environment – The city of Las Vegas and local economic development agencies continue to support small businesses, startups, and long-term investment in the downtown corridor.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 344 | - | - |
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Taproot Inc |
-
|
September 2020
|
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353 E Bonneville Ave - Juhl
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