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    1500 Tropicana Ave Las Vegas, NV 89119

    Sponsored
    For Lease
    $12 SF/Yr

    Las Vegas Creative Office Space

    Lot size:
    62,034 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, 62,034 square foot Class B office building, located at 1500 E Tropicana Ave, Las Vegas, NV 89119, offers a variety of flexible spaces ranging from 1,054 to 10,000 contiguous square feet. Built in 1981 and extensively renovated in 2018, the property boasts a 12-foot ceiling height, ample natural light in many suites, and a convenient 3:1000 parking ratio with 186 total spaces. Two hydro elevators serve the 22 suites within this well-maintained complex. Situated in the Airport submarket near UNLV, this property benefits from a C-2 Clark County zoning designation and is ideally suited for creative office tenants. The building features a 2.92-acre lot and a building floor area ratio of .49. Tenant improvement allowances are available. Layout options include open bullpens, combinations of bullpens and private offices, or traditional multi-office suites. This prime location offers excellent visibility and accessibility. The property is conveniently located near the Las Vegas Strip and UNLV, providing easy access to major transportation routes and a vibrant urban environment.

    Property Features for 1500 Tropicana Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,034 SF
    Class
    B
    Total Rate
    62034

    Building Details

    Year Built/Renovated
    1981/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    120
    Size
    829 SF
    Rate per SF
    $13
    Space
    211
    Size
    1,685 SF
    Rate per SF
    $12
    Space
    125
    Size
    1,574 SF
    Rate per SF
    $12
    Space
    124
    Size
    1,053 SF
    Rate per SF
    $12
    Space
    114
    Size
    2,638 SF
    Rate per SF
    $12

    HighLights

    • 62,034 SF Class B office building on a 2.92‑acre lot in Las Vegas, NV.
    • Extensive 2018 renovation, featuring a steel structure, dual‑pane windows, and 12‑foot ceilings.
    • Convenient location near the Las Vegas Strip and UNLV, with excellent visibility and accessibility.
    • Competitive lease rates, tenant improvement allowances available, and a motivated landlord.
    • Flexible lease terms (3‑5 years, 2‑year options possible).
    • Fixed electric cost of $0.22/SF/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kittykat Records Record Company Andrea Tarrant Home Health Care Service Mojave Payment Technologies, ... Software Company Tancell Care Psychiatrist Las Vegas Party ... Event Planner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -115.132636
    Latitude
    36.1014013

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    FAQs

    What type of property is this?
    Office space - Las Vegas Creative Office Space
    Where is this office space located?
    The property is located at 1500 Tropicana Ave Las Vegas, NV.
    What is the lease rate?
    The lease rate is $12-$13 SF/Yr.
    What are key features of this property?
    This property features: 62,034 SF Class B office building on a 2.92-acre lot in Las Vegas, NV.; Extensive 2018 renovation, featuring a steel structure, dual-pane windows, and 12-foot ceilings.; Convenient location near the Las Vegas Strip and UNLV, with excellent visibility and accessibility.
    Request Owner's contact information
    1500 Tropicana Ave Las Vegas, NV 89119
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    Las Vegas, NV 89119
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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
    1500 Tropicana Ave Las Vegas, NV 89119
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