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Commerce Street Studios 1551 S Commerce St
473 - 9,496 SF of Retail Space Available in Las Vegas, NV 89102
HIGHLIGHTS
- Fully renovated property (plumbing, electrical, roof, HVAC, Exterior)
- Move in ready second floor suites available from 509 - 754 square feet
- Building signage available
- New exterior facade with glass doors and windows, new staircases and elevator
- Studio/creative spaces available on second level
- surrounded by new and redevelopment including multifamily and retail
SPACE AVAILABILITY (8)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 2,856 SF | Negotiable | $60.66 CAD/SF/YR $5.06 CAD/SF/MO $173,253 CAD/YR $14,438 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 110 | 3,351 SF | Negotiable | $60.66 CAD/SF/YR $5.06 CAD/SF/MO $203,281 CAD/YR $16,940 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 220 | 510 SF | Negotiable | $81.46 CAD/SF/YR $6.79 CAD/SF/MO $41,545 CAD/YR $3,462 CAD/MO | Full Service | ||
| 2nd Floor, Ste 230 | 474 SF | Negotiable | $66.56 CAD/SF/YR $5.55 CAD/SF/MO $31,547 CAD/YR $2,629 CAD/MO | TBD | ||
| 2nd Floor, Ste 240 | 473 SF | Negotiable | $66.73 CAD/SF/YR $5.56 CAD/SF/MO $31,563 CAD/YR $2,630 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 250 | 509 SF | Negotiable | $81.63 CAD/SF/YR $6.80 CAD/SF/MO $41,552 CAD/YR $3,463 CAD/MO | TBD | ||
| 2nd Floor, Ste 260 | 569 SF | Negotiable | $76.09 CAD/SF/YR $6.34 CAD/SF/MO $43,294 CAD/YR $3,608 CAD/MO | TBD | ||
| 2nd Floor, Ste 270 | 754 SF | Negotiable | $80.42 CAD/SF/YR $6.70 CAD/SF/MO $60,638 CAD/YR $5,053 CAD/MO | TBD |
1st Floor, Ste 100
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 110
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
2nd Floor, Ste 220
$2,400 per month including CAM and utilities
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
2nd Floor, Ste 230
$2,500 per month including CAM and utilities.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
2nd Floor, Ste 240
$2,400 per month including CAM and utilities
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
2nd Floor, Ste 250
$2,400 per month including CAM and utilities
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
2nd Floor, Ste 260
$2,500 per month including CAM and utilities
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
2nd Floor, Ste 270
$3,500 per month including CAM and utilities.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1551 S COMMERCE ST , LAS VEGAS, NV 89102
| Total Space Available | 9,496 SF | Year Built/Renovated | 1975/2025 |
| Property Type | Retail | Parking Ratio | 0.45/1,000 SF |
| Property Subtype | Storefront | Construction Status | Under Renovation |
| Gross Leasable Area | 13,220 SF |
| Total Space Available | 9,496 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,220 SF |
| Year Built/Renovated | 1975/2025 |
| Parking Ratio | 0.45/1,000 SF |
| Construction Status | Under Renovation |
ABOUT THE PROPERTY
SECOND FLOOR UNITS READY TO MOVE IN. 1551 S Commerce is undergoing a transformative renovation that will completely revitalize the property. The projects features two stories with two ±3,000 square foot spaces on the ground floor and studio/creative/office spaces on the second level ranging from ±650 - ±1,749 square feet. Every aspect of the building is being upgraded including all new infrastructure, an elevator, new staircases, and new exterior façade featuring glass storefront doors and windows making the building more visually appealing. The project location benefits from a mix of newly renovated properties, new businesses, and ground up retail and multifamily projects in the immediate area. Move in ready offices, executive suites, small units on the second floor available from 509 to 754 square feet. Lease rate includes CAM, utilities, and internet. First floor units available, 2,856 square feet and 3,351 square feet.
- Bus Line
- Courtyard
- Fenced Lot
NEARBY MAJOR RETAILERS
Presented by
Commerce Street Studios | 1551 S Commerce St
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