With everyone and their brother putting up websites dedicated to Las Vegas high rise development, one aspect of the industry almost always goes un-noticed: the retail aspect.
The goal for most realtors and websites is to attract buyers for the individual condo units, but the retail component of these projects can be quite profitable as well.
All of the projects in town plan for some type of ground floor retail, including restaurants, coffee houses, drug stores, high end apparel shops, and office space. If you've ever thought of expanding your business or relocating it to a high-traffic environment, you owe it to yourself to explore this option.
Granted, rents most likely won't come cheap, but for those businesses who have no hope of Forum Shops or Wynn-type storefronts, you may be able to get into something similar with respect to the new towers going up over the next couple of years.
Don't discount this opportunity. Lucky for you, my office specializes in the commercial aspect of the high rise market as well, so contact me (702-492-6376) if you'd like to take your business to the next level, and I'll make it happen for you.
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