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1561 Commerce Street 1561 Commerce st
563 - 2,250 SF of 4-Star Retail Space Available in Las Vegas, NV 89102
HIGHLIGHTS
- Exciting new development underway in the heart of the Downtown Arts District, boasting a prime location with frontage on Main Street
- The entire project is covered by a comprehensive umbrella liquor license
- Abundant parking
- We’re on the lookout for a diverse mix of Food & Beverage concepts. Interested? Share your idea with us!
- A calendar filled with weekly and monthly events, including Farmers Markets, music festivals, and more!
- Convenient access from both the I-15 and I-215 Freeways and Harry Reid International Airport
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1.1 - 1.4 | 563-2,250 SF | Negotiable | $95.47 CAD/SF/YR $7.96 CAD/SF/MO $214,805 CAD/YR $17,900 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1.1 - 1.4
MDL Group is pleased to present a newly planned ground up development in the Downtown Las Vegas Arts District. The property will feature eight stand-alone buildings with common area seating. Each building will be constructed to resemble a container but will be built from structural steel instead to provide a larger interior than would be allowed using conventional containers. Spaces will range in size from ±300 square feet up to an available ±2,400 square feet depending on the tenants needs. There will be a common area building with bathrooms for all the business, removing the need for tenants to provide bathrooms within their space.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Private Restrooms
- Boasting a prime location with frontage on Main St
- Covered by a comprehensive umbrella liquor license
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 1561 COMMERCE ST , LAS VEGAS, NV 89102
| Total Space Available | 2,250 SF | Gross Leasable Area | 2,400 SF |
| Min. Divisible | 563 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 2,250 SF |
| Min. Divisible | 563 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,400 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
MDL Group is pleased to present a newly planned ground up development in the Downtown Las Vegas Arts District. The property will feature eight stand-alone buildings with common area seating. Each building will be constructed to resemble a container but will be built from structural steel instead to provide a larger interior than would be allowed using conventional containers. Spaces will range in size from ±300 square feet up to an available ±2,400 square feet depending on the tenants needs. There will be a common area building with bathrooms for all the business, removing the need for tenants to provide bathrooms within their space.
NEARBY MAJOR RETAILERS
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1561 Commerce Street | 1561 Commerce st
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