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    3035-3375 Tropicana Ave Las Vegas, NV 89121

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    Las Vegas Shopping Center: Prime Retail Opportunity

    Lot size:
    586,147 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity presents itself at the Tropicana Centre, a prominent shopping center located at 3035-3375 E Tropicana Ave, Las Vegas, NV 89121, in Clark County. The property boasts a substantial total building area of 586,147 square feet, offering a diverse range of spaces to suit various retail needs. Currently, there are 11 available spaces, with sizes ranging from a minimum of 996 square feet to a maximum contiguous space of 5,820 square feet. The property's flexible layout allows for adaptability to a wide array of retail concepts. A significant amount of vacant space, totaling 39,307 square feet, presents a unique chance for expansion or new tenancy. The Tropicana Centre's strategic location in Las Vegas provides excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. This multi-tenant shopping center is an ideal investment for businesses seeking a prime location within a thriving commercial area. The property's size and flexibility make it suitable for a variety of retail uses, from smaller boutiques to larger retail establishments. The significant vacant space offers considerable potential for growth and customization. This is a rare opportunity to secure a prominent position in a well-established Las Vegas shopping center.

    Property Features for 3035-3375 Tropicana Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    586,147 SF

    Unit(s) available at that property

    Space
    3035-A2
    Size
    1,348 SF
    Space
    3035-H
    Size
    1,348 SF
    Space
    Suite 3185-A
    Size
    50,150 SF
    Space
    3335-A
    Size
    4,221 SF
    Space
    3335-B
    Size
    3,890 SF
    Space
    3335-C
    Size
    4,444 SF
    Space
    3335-D
    Size
    996 SF
    Space
    3335-E
    Size
    1,570 SF
    Space
    3375 F1-F7
    Size
    9,484 SF
    Space
    5075-C
    Size
    1,500 SF
    Space
    Suite 3125E
    Size
    1,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1096704
    Latitude
    36.0991414

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    FAQs

    What type of property is this?
    Retail property - Las Vegas Shopping Center: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 3035-3375 Tropicana Ave Las Vegas, NV.
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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
    3035-3375 Tropicana Ave Las Vegas, NV 89121
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