1st Floor Ste 109
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Retail
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2,153 SF
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$2.20 USD/SF/YR
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Market Description for the Space at 2955 East Sunset Rd.
Property Overview:
• Type: Former kitchen space, previously operated as a Thai restaurant.
• Features: Includes a grease trap, three-sink system, refrigerator, and compliant with health code standards for commercial kitchens.
• Condition: Turnkey kitchen layout without major equipment, offering flexibility for prospective tenants.
• Zoning: Suitable for food service businesses such as restaurants, catering kitchens, or food prep operations.
Location Benefits:
• Prime Location: Situated on East Sunset Rd., a high-traffic area in Las Vegas with excellent visibility and accessibility.
• Proximity: Close to residential neighborhoods, office complexes, and retail hubs, providing a steady flow of potential customers.
• Connectivity: Easy access to major highways, ensuring convenient logistics for delivery-based food businesses.
Market Opportunities:
• Target Tenants: Ideal for food entrepreneurs, restaurateurs, ghost kitchens, catering businesses, or specialty food producers seeking a cost-efficient entry point into the market.
• Growth Potential: Las Vegas’s expanding dining scene and the rising demand for ghost kitchens make this space particularly attractive.
• Competitive Advantage: With infrastructure like a grease trap and three-sink system in place, tenants can save on initial setup costs, speeding up the time to launch operations.
Local Market Conditions:
• Restaurant Market Trends: The Las Vegas food and beverage sector continues to thrive with growing demand for diverse dining experiences. Spaces with existing kitchen infrastructure are highly sought after.
• Rental Dynamics: Increased availability of commercial spaces in the market allows for competitive pricing. Flexible lease terms could attract long-term tenants.
• Emerging Segments: Ghost kitchens and food delivery services are driving demand for kitchen-only spaces, which aligns well with the property’s features.
Leasing Advantages:
• Low upfront costs for tenant improvements due to existing infrastructure.
• Flexible use for various food service businesses.
• Established location with a history of successful restaurant operations.
This property offers a unique opportunity for food service operators to establish or expand their business in a dynamic Las Vegas market.
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Date available: Now
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Lease term: Negotiable
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Service type: Triple Net
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Space Type: Relet
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