353 Bonneville Ave Las Vegas, NV 89101
This exceptional 2,492 square foot restaurant space, located at 353 E Bonneville Ave, Suite 115, Las Vegas, NV 89101, presents a unique investment opportunity. The property, built in 2008 (APN 139-34-312-006), is currently vacant and ready for immediate occupancy. Classified as a Class B retail property, it's offered at an asking price of $1,450,000 under a NNN lease structure. Situated in a vibrant area of downtown Las Vegas, this location benefits from high foot traffic and proximity to key attractions. The area boasts a mix of urban charm and lively activity, with nearby destinations including the Arts District, Fremont Street Experience, and Downtown Container Park. The property's strategic location also places it within walking distance of Zappos Worldwide HQ and the Las Vegas County Courthouse, ensuring a substantial workforce and consistent customer base. The surrounding area's population density is significant, with 250,000-500,000 residents within a 5-mile radius, and an average household income of $61,400. The average resident age is just over 30, indicating a young and active demographic. Furthermore, the property's proximity to McCarran International Airport (less than 10 miles) and over 6,000 hotel rooms in the vicinity ensures a steady stream of tourists. The Fremont Street Experience, attracting 17 million annual visitors, further enhances the property's potential. Over 12,000 employees work within walking distance, providing a large potential customer base. This turnkey restaurant space offers an unparalleled chance to capitalize on the energy and growth of downtown Las Vegas.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.