Flagship Retail Asset on the Las Vegas Strip

2700 Las Vegas Blvd., Suite 100, Las Vegas, NV 89109

— For Sale —

Offering Price Contact Broker

Total Square Footage ± 14,378 SF

Zoning Commercial Tourist

Viewers of Super Bowl LVIII in Las Vegas 123.4MM

Property Information

LOGIC Commercial Real Estate is pleased to present a Fee Simple Ground Floor Retail Asset consisting of ± 14,378 SF for sale.  The property is located at 2700 Las Vegas Blvd. and part of the Sky Las Vegas project. Originally constructed in 2006, the Sky Las Vegas project is a mixed-use development consisting of ± 43,588 SF in three stories of commercial space as well as a condo tower consisting of 45 floors and approximately 409 residential units.   The property shares a stoplight and is directly across from the newly opened Fontainebleau (2023).  Also recently opened and near the property is the West Hall of the Las Vegas Convention Center and Resorts World. The property benefits from an existing lease with credit tenant CVS and has ± 4.5 years left on the lease, generating approximately $2.25MM annually.

This rare iconic property is available at an opportune time in Las Vegas.  While Las Vegas has always been known for entertainment and convention destination like no other, the Las Vegas Strip is evolving with major projects. The Las Vegas Strip, sometimes called the “Times Square of the West” is becoming the destination for branding and flagship stores, and because of this, there is ± 1MM SF of new retail directly fronting Las Vegas Blvd.   Previously retail stores on the corridor were designed to be inward facing within the major resort properties, they are now being designed to take advantage of the notable sponsorship presence the city and Las Vegas Blvd. enjoys.

Contact

Chris Richardson Executive Vice President Logic Commercial Real Estate
Brokerage

Chris Richardson, CCIM

Executive Vice President
Las Vegas
License B.0143119.LLC
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O 702.954.4110
C 702.580.0455
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Michael Kaplan Logic Commercial Real Estate
Brokerage

Michael Kaplan

Senior Associate
Las Vegas
License S.0189416.LLC
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O 702.954.4163
C 808.377.0765
More Info