Industry Focus

Retail & Restaurants

Visibility, trade area and the right lease — what makes retail and restaurants work in Las Vegas.

Overview

What makes retail work in Las Vegas

Retail and restaurant success in Las Vegas is driven by visibility, access, and the strength of the surrounding trade area. From tourist-corridor storefronts to neighborhood centers in Summerlin and Henderson and the reviving Arts District, the right location and lease can matter more than the square footage.

What drives value

Visibility, ingress/egress and parking ratios
Co-tenancy and anchor strength
Daytime population and trade-area demographics
Traffic counts and corner positioning

Lease & deal structure

Typically triple-net (NNN): base rent plus taxes, insurance, CAM
Restaurants: grease traps, ventilation, higher power and water
Second-generation space can cut build-out cost and time
Percentage rent and exclusivity clauses in some deals

Las Vegas market note

Tourist-corridor retail, growing suburban neighborhood centers, and the reinventing Arts District each serve very different customers — matching the concept to the location is everything.

How we help

We run trade-area and co-tenancy analysis, benchmark rents and concessions, and negotiate leases that protect your build-out investment and your margins.

Want the numbers for your sector?

We'll pull current, submarket-level data and comparables for your specific asset type — just ask.

CD Washington Group

Advising in Retail?

Tell us your goals and we'll bring the strategy, the market data, and senior-level attention.

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