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    5785 Tropicana Ave Las Vegas, NV 89103

    For Lease
    $16 SF/Yr ($13,022 /Mo)

    Las Vegas retail center, multiple units available.

    Lot size:
    9,646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Galleria Plaza, located at 5785 W Tropicana Ave, Las Vegas, NV 89103, presents a prime retail opportunity. This single-story, 9,646 square foot freestanding building, built in 1988, offers multiple tenancy options. Units ranging from approximately 750 to 1,445 square feet are available. The property sits on 0.95 acres and is zoned C-2. The building has no elevators. Cross street is Edmond St. The Clark County property (APN 163-25-110-008) is situated in the Central West submarket and boasts a high-traffic location, making it ideal for businesses seeking strong visibility. Rental rates range from $1.35 to $1.75 per square foot, triple net (NNN), with a common area maintenance (CAM) charge of $0.56 per square foot. This property offers a fantastic chance to establish or expand your business in a thriving Las Vegas location. The building's floor area ratio (FAR) is 0.23.

    Property Features for 5785 Tropicana Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,646 SF
    Total Rate
    13022.1

    Building Details

    Year Built
    1988
    Stories
    1

    Unit(s) available at that property

    Space
    5
    Size
    750 SF
    Rate per SF
    $16
    Space
    8
    Size
    1,445 SF
    Rate per SF
    $21

    HighLights

    • Galleria Plaza offers 9,646 square feet of retail space in a high‑traffic location.
    • Suites ranging from 750 to 1,445 square feet are available.
    • Rental rates are $1.35 to $1.75 per square foot, NNN.
    • CAM is $0.56 per square foot.
    • Property is zoned C‑2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reggae Hookah lounge Hookah Bar Bethel Market Grocery Store RICOS PIZZA Pizza Restaurant Las Vegas Pet ... Publisher 24 hrs asian ... Massage Therapist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -115.21982382207
    Latitude
    36.099711639982

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    FAQs

    What type of property is this?
    Retail property - Las Vegas retail center, multiple units available.
    Where is this retail property located?
    The property is located at 5785 Tropicana Ave Las Vegas, NV.
    What is the lease rate?
    The lease rate is $16-$21 SF/Yr.
    What are key features of this property?
    This property features: Galleria Plaza offers 9,646 square feet of retail space in a high-traffic location.; Suites ranging from 750 to 1,445 square feet are available.; Rental rates are $1.35 to $1.75 per square foot, NNN.
    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
    5785 Tropicana Ave Las Vegas, NV 89103
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