1131 Tropicana Ave Las Vegas, NV 89119-6690

Property Details for 1131 Tropicana Ave

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.78 lot acres

Property size

27,625 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

162-27-502-003

APU

16227502003

Description

University Plaza, a single-story, 56,051 square foot Class C retail center located at 1131 E Tropicana Ave, Las Vegas, NV 89119, presents a compelling investment opportunity. Built in 1967, this property sits on 2.78 acres of land and is zoned CG. The center currently features multiple tenants and has 3,480 square feet of immediately available retail space. Its prime location at the intersection of Tropicana and Maryland Parkway offers exceptional visibility and accessibility. The property benefits significantly from its proximity to the University of Nevada, Las Vegas (UNLV), a vibrant community boasting over 34,000 students and employees, and approximately 30,000 residents within a one-mile radius. Recent development in the area includes over 1,500 new residential and student multifamily units constructed in the last 18 months. Further enhancing the area's connectivity and accessibility is the recently approved Maryland Parkway Mass Transit Project, linking the airport and downtown. This property offers a unique chance to capitalize on the strong growth and high foot traffic of this dynamic Las Vegas location. The APN is 16227502003.