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    5705-5725 Tropicana Ave Las Vegas, NV 89122

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    For Lease
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    Las Vegas Retail Space, High Visibility

    Lot size:
    1,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Las Vegas retail investment opportunity presents two Class B buildings totaling over 22,000 square feet, situated on the southeast corner of Boulder Highway and East Tropicana Avenue. Built in 2008, the property boasts 120 parking spaces and benefits from a C-2 zoning designation. The center is shadow-anchored by a CVS Pharmacy, ensuring high traffic and visibility. Currently, a turnkey salon space of 1,710 square feet is available. The property enjoys excellent visibility with frontage along Tropicana Avenue and is conveniently located minutes from the US-95 Freeway, placing it within easy reach of a large customer base. This high-density residential area is further enhanced by its proximity to key amenities including the Union Village project, Whitney Elementary School, a Google Data Center, LVAC fitness center, Cowabunga Bay water park, Sam's Town Hotel & Casino, and a new Storybook Homes residential community (Avalon Park). The property features recently improved vanilla shell suites, making it ideal for a variety of neighborhood and service retailers. The two single-story buildings offer multiple tenancy options. This is a prime opportunity to acquire a well-located, established retail center in a rapidly growing area of Las Vegas, Clark County, Nevada. The property's address is 5705-5725 E Tropicana Avenue, Las Vegas, NV 89122.

    Property Features for 5705-5725 Tropicana Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,710 SF
    Class
    B

    Building Details

    Year Built
    2008
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104
    Size
    1,710 SF

    HighLights

    • Turnkey salon suite available for immediate occupancy.
    • All furniture, fixtures, and equipment (FF&E) included.
    • Abundant parking: 120 spaces, 5.5 spaces per 1,000 square feet.
    • High visibility location with approximately 51,000 cars passing daily.
    • Excellent co‑tenancy with national retailers including CVS, Albertsons, Starbucks, Walmart, and Wingstop.
    • Strategic location adjacent to Avalon Park (58‑home residential community) and Whitney Elementary School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.04921665049
    Latitude
    36.101244075992

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    FAQs

    What type of property is this?
    Office Property / Space - Las Vegas Retail Space, High Visibility
    Where is this office property / space located?
    The property is located at 5705-5725 Tropicana Ave Las Vegas, NV.
    What are key features of this property?
    This property features: Turnkey salon suite available for immediate occupancy.; All furniture, fixtures, and equipment (FF&E) included.; Abundant parking: 120 spaces, 5.5 spaces per 1,000 square feet.
    Request Owner's contact information
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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
    5705-5725 Tropicana Ave Las Vegas, NV 89122
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