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    875 Grand Central Pkwy Las Vegas, NV 89106-4541
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    Property profile & analytics

    875 Grand Central Pkwy, Las Vegas, NV 89106-4541

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    • Outlet malls
    • 572,995 SF
    • 38.94 lot acres
    Off-Market
    Last Sale Sep 14, 2023
    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.

    Value Estimations
    $45,760,000
    Cap Rate Potential
    Location Intelligence

    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 type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    139-33-710-005
    APU
    13933710005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 14, 2023 — City Of Las Vegas Department Of Transportation Quit Claim Deed · related —
    Jan 27, 2014 — City Of Las Vegas Simon Of Chelsea Las Vegas Dev Ll Grant Deed · related —

    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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