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Property profile & analytics

875 Grand Central Pkwy Las Vegas, NV 89106-4541

  • Outlet malls
  • 572,995 SF
  • 38.94 lot acres
OFF-MARKET
Last Sale
Sep 14, 2023
Value Estimations
$45,760,000
Cap Rate Potential
Location Intelligence
Property ID
US62-0533274
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kung Pao Wok / Restaurant
  • Green Leaf's & Bananas / Take-out & Catering
  • ChargePoint Charging Station / Electric Vehicle Charging Station
  • Tesla Supercharger / Electric Vehicle Charging Station
  • grand central pkwy / Advertising Agency / Marketing & Advertising

Property Details for 875 Grand Central Pkwy

Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
38.94 lot acres
Property size
572,995 SF
Property type
Outlet malls
APN
139-33-710-005
APU
13933710005

Description

This exceptional 1,188 square foot retail sublease opportunity is located within the prestigious Las Vegas North Premium Outlets, a Class B, single-story building constructed in 2003 and renovated in 2015. Situated on a substantial 38.94-acre lot (APN 139-33-710-005) in the highly sought-after Resort Corridor submarket of Las Vegas, Nevada (875 S Grand Central Pkwy, 89106), this property offers unparalleled access to a significant consumer base. The entire center encompasses 675,188 square feet, featuring a diverse range of over 175 designer and name-brand stores, creating a vibrant and bustling shopping environment. This sublease provides access to a thriving retail destination, conveniently located off I-15 at Exit 41, with easy access to public transportation and ride-sharing services. The space is available through December 31, 2033, and is part of a multi-tenant building zoned PD. The property's open-air, village-style design enhances the shopping experience, attracting a large volume of foot traffic. This is a rare chance to secure a prime retail space in one of Las Vegas's most successful shopping centers, alongside prominent brands such as Michael Kors, Pandora, Tory Burch, Coach, Nike, lululemon, and Burberry. The building has a 0.4 FAR.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.158
Latitude
36.1639
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,438,943
$9,795,705
$39,451,719
$49,247,424
-
$27,987,729
$112,719,197
$140,706,926
More about this property
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