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    8700 Sunset Rd Las Vegas, NV 89148

    Sponsored
    For Lease
    $46 SF/Yr

    Class A retail & office space in Las Vegas.

    Lot size:
    45,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A commercial development, located at 8700 W Sunset Rd, Las Vegas, NV 89148, offers a unique investment opportunity. Situated on a 9.66-acre lot at the intersection of Sunset and Durango Roads, directly across from IKEA, this property boasts a prime location in Southwest Las Vegas. The development comprises seven retail buildings totaling approximately 113,000 square feet, currently undergoing a two-phase construction. Phase 1, 2, and 3 feature available retail and restaurant spaces ranging from 2,000 to 8,814 square feet for retail and 3,250 to 13,000 square feet for office space. Phase 2 will include a significant anchor tenant: Electric Pickle, a multifaceted entertainment venue featuring nine pickleball courts, a two-story restaurant with patio and rooftop bar, three bars, cornhole and bocce ball courts, and a lawn for events. A multi-level parking garage will also be added in Phase 2, enhancing convenience for tenants and patrons. The property is zoned C-2 and features APN numbers 163-32-801-012 and 163-32-801-013. This development is poised to become a premier dining and shopping destination, offering significant potential for growth and return on investment. Year built is 2022. Multiple tenancies are available.

    Property Features for 8700 Sunset Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,760 SF
    Class
    A

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    Phase 3 retail
    Size
    20,000 SF
    Rate per SF
    $48
    Space
    Phase 2 - Office, 2nd Floor
    Size
    13,000 SF
    Rate per SF
    $46
    Space
    H-110
    Size
    2,000 SF
    Rate per SF
    $48
    Space
    Phase 2 - Retail, 1st floor
    Size
    10,760 SF
    Rate per SF
    $54

    HighLights

    • Excellent I‑215 freeway visibility.
    • High‑traffic retail frontage on Sunset Road.
    • Flexible retail space, 2,000 - 32,760 square feet available.
    • Located in a rapidly growing Las Vegas submarket.
    • On‑site multi‑level parking garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cloud Based Phone ... Computer Security Service The Bend Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2815644
    Latitude
    36.0704919

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    FAQs

    What type of property is this?
    Restaurant - Class A retail & office space in Las Vegas.
    Where is this restaurant located?
    The property is located at 8700 Sunset Rd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $46-$54 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-215 freeway visibility.; High-traffic retail frontage on Sunset Road.; Flexible retail space, 2,000 - 32,760 square feet available.
    Request Owner's contact information
    8700 Sunset Rd Las Vegas, NV 89148
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    Las Vegas, NV 89148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8700 Sunset Rd Las Vegas, NV 89148
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