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GRANT GARCIAGARCIA GROUP | [email protected]
ICONIC RETAIL OPPORTUNITYFOR LEASE
WITH 44 SPACE PARKING LOTDOWNTOWN LAS VEGAS | MAIN STREET CORRIDOR
ARTS DISTRICT ADJACENT
BAR | RESTAURANT | RETAIL+/- 4,252 SF WITH PARKING LOT
GRANT GARCIAGARCIA GROUP | [email protected]
PROPERTY ADDRESS1511 S. MAIN STREETLAS VEGAS NV, 89104DOWNTOWN | MAIN STREET CORRIDOR |ARTS DISTRICT ADJACENT
DESCRIPTION/USEICONIC BUILDING44 SPACE PARKING LOTINCLUDES OUTDOOR PATIOBAR | RESTAURANT | RETAIL
SIZE+/- 4,252 SQUARE FEET
RATE$2.30 PSF/MONTH TRIPLE NET
TRIPLE NET$0.17 PSF/MONTH
1511 S. MAIN STREETFOR LEASE
BAR | RESTAURANT | RETAIL
GRANT GARCIAGARCIA GROUP | [email protected]
1511 S. MAIN STREETFOR LEASE
BAR | RESTAURANT | RETAIL
MAIN STREET CORRIDOR IMPROVEMENTS
In 2005 the City of Las Vegas celebrated its 100th anniversary.From the start, Main Street has been a key element of thedowntown city street pattern. Over the years a mix ofresidential and commercial uses, gambling halls and saloonsquickly sprang up. To this day there remains a rich legacy of“Old Las Vegas” residential homeowners, businesses,entertainment, lodging and culture.This urban character extends southwards along Main Streetthrough the “Arts District” which includes numerous artstudios, cafe’s and other boutique retail businesses. TheDowntown Multi-Modal Transportation Project (DMMTP) iscentered on this part of Main Street and the adjacent lightindustrial along Commerce Street. Main Street will now havewider sidewalks, bike lanes, additional landscape and curbextensions. Funding for this $52,000,000 projects comes fromthe RTC, City of Las Vegas and the Fuel Revenue Indexing Tax.
VISION 2045 DOWNTOWN LAS VEGAS
On June 15, 2016, the Las Vegas City Council adopted the Vision 2045 Downtown Las Vegas Master Plan. The study area has been almost doubled, if compared to the previous plan, and the recognition of four new downtown districts now allows for the inclusion of some underserved areas that will benefit from the boundary expansion and the holistic direction for downtown. The plan revolves around the concept of mixed-use hubs, identified as the 10 catalytic areas for future investments, and the neighborhood centers for the 12 districts that constitute downtown. For each district the plan outlines its development needs, specific projects to be carried, a summary strategy, conceptual development yields to channel, and current and future transportation and land-use working material detailed to the parcel level. This solid base allowed the city and community to promptly start some of the projects, such as bike share, multi-modal transportation capital improvements, and a reconfiguration of the downtown trails and open space network.
GRANT GARCIAGARCIA GROUP | [email protected]
LAS VEGAS ARTS DISTRICTKnown as the 18b, the Las Vegas Arts District contains a mixof independent businesses including vintage clothingboutiques, antique stores, art galleries, hair salons,restaurants, The 18b is located halfway between the FremontEast Entertainment district and the Stratosphere Resort,clustered around Main and Charleston, bounded loosely byCommerce Street to the West, Hoover Avenue to the North,Fourth Street to the East and Wyoming Avenue at the south. Itis an easy bike ride, walk or bus ride from Fremont Street. Thename, “18b,” represents the original Arts District area, whichconsisted of 18 blocks. Today, the Arts District area has grownbeyond those original 18 blocks and is a classic urban mix ofresidential, commercial and cultural uses that will continue togrow as the hub of the arts scene in Las Vegas.
The “First Friday” Art Walk is a monthly arts and cultural eventdrawing up to 30,000 visitors into the neighborhood on thefirst Friday evening of each month. This event encouragespeople to flock downtown to browse, buy, eat, drink andmingle. The event is a festival environment with food andbeverage vendors, music, visual performances andartists/artisans/craftspeople displaying their works.
1511 S. MAIN STREETFOR LEASE
BAR | RESTAURANT | RETAIL
6The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof.
EXECUTIVE SUMMARY
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���Ü��>Ã�Ì�i�£nL]�Ì�i��>Ã�6i}>Ã�ƂÀÌÃ���ÃÌÀ�VÌ�V��Ì>��Ã�>���Ý��v�independent businesses including vintage clothing boutiques, >�Ì�µÕi�ÃÌ�ÀiÃ]�>ÀÌ�}>��iÀ�iÃ]��>�À� Ã>���Ã]� ÀiÃÌ>ÕÀ>�ÌÃ]�/�i�£nL�is located halfway between the Fremont East Entertainment district and the Stratosphere Resort, clustered around Main and Charleston, bounded loosely by Commerce Street to the 7iÃÌ]����ÛiÀ�ƂÛi�Õi�Ì��Ì�i� �ÀÌ�]���ÕÀÌ��-ÌÀiiÌ�Ì��Ì�i� >ÃÌ�>�`�7Þ����}�ƂÛi�Õi�>Ì�Ì�i�Ã�ÕÌ�°��Ì��Ã�>��i>ÃÞ�L��i�À�`i]�Ü>����À�LÕÃ�À�`i�vÀ����Ài���Ì�-ÌÀiiÌ°�/�i��>�i]�º£nL]»�Ài«ÀiÃi�ÌÃ�Ì�i� �À�}��>�� ƂÀÌÃ� ��ÃÌÀ�VÌ� >Ài>]� Ü��V�� V��Ã�ÃÌi`� �v� £n� L��V�ð�/�`>Þ]�Ì�i�ƂÀÌÃ���ÃÌÀ�VÌ�>Ài>��>Ã�}À�Ü��LiÞ��`�Ì��Ãi��À�}��>��£n�L��V�Ã�>�`��Ã�>�V�>ÃÃ�V�ÕÀL>����Ý��v�ÀiÃ�`i�Ì�>�]�V���iÀV�>��and cultural uses that will continue to grow as the hub of the >ÀÌÃ�ÃVi�i�����>Ã�6i}>ð
/�i�º��ÀÃÌ��À�`>Þ»�ƂÀÌ�7>����Ã�>����Ì��Þ�>ÀÌÃ�>�`�VÕ�ÌÕÀ>��iÛi�Ì�`À>Ü��}�Õ«�Ì��Îä]äää�Û�Ã�Ì�ÀÃ���Ì��Ì�i��i�}�L�À���`����Ì�i�wÀÃÌ�Friday evening of each month. This event encourages people Ì��y�V��`�Ü�Ì�Ü��Ì��LÀ�ÜÃi]�LÕÞ]�i>Ì]�`À����>�`����}�i°�/�i�event is a festival environment with food and beverage vendors, �ÕÃ�V]� Û�ÃÕ>�� «iÀv�À�>�ViÃ� >�`� >ÀÌ�ÃÌÃÉ>ÀÌ�Ã>�ÃÉVÀ>vÌëi�«�i�displaying their works.
18 BlocksArt District Size:
������First Friday
Visitors
����Best of Las Vegas
District Winer
18 BLOCKSARTS DISCTRICT SIZE
30,000FIRST FRIDAY VISITORS
GRANT GARCIAGARCIA GROUP | [email protected]
LAS VEGAS ARTS DISTRICT – LIVE.WORK.EAT.PLAY.
1511 S. MAIN STREETFOR LEASE
BAR | RESTAURANT | RETAIL
THE ARTS FACTORYHome to more than 20 commercial art-related tenants.
VELVETEEN RABBITCraft cocktail and beer bar, featuring live music, DJs and special events.
THE GOOD WOLFLIFESTYLE CO.Unique and quality apparel, hand crafted accessories, featured local artists and home to décor shopping.
CRAFTHAUS BREWERYLocally brewed craft beer taproom and kitchen.
ABLE BAKER BREWING COMPANYBrewery, taproom and restaurant located directly across the street.
ESTHER’S KITCHENClassic Italian dishes & seasonally-inspired creations by Chef James Trees.
SHAREDOWNTOWN63 unit mixed-use apartment building under construction.
MAIN ST. PROVISIONSComforting food for the modern soul by Chef Justin Kingsley.
GRANT GARCIAGARCIA GROUP | RHOME
1511 S. MAIN STREETFOR LEASE
BAR | RESTAURANT | RETAIL
ICONIC RETAIL OPPORTUNITY
