CompetitiveRetail Rent Survey
NO.
PROPERTY
Town Square Las Vegas Blvd. & 215 Las Vegas, NV
Mandalay Bay Place Las Vegas Blvd. & Tropicana Las Vegas, NV
Crystals at CityCenter Las Vegas Blvd. S of Harmon Las Vegas, NV
Miracle Mile Shops Las Vegas Blvd. & Harmon Las Vegas, NV
Forum Shops at Caesars Las Vegas Blvd. N of Flamingo Las Vegas, NV
The Grand Canal Shoppes 3377 Las Vegas Blvd. S Las Vegas, NV
The Shoppes at the Palazzo 3327 Las Vegas Blvd. S Las Vegas, NV
Fashion Show Mall 3200 Las Vegas Boulevard S. Las Vegas, NV
DESCRIPTION
Sub-Type: Lifestyle Center Year Built: 2008 Total GLA: 900,000
Sub-Type: Specialty Center Year Built: 2003 Total GLA: 90,000
Sub-Type: Specialty Center Year Built: 2009 Total GLA: 360,000
Year Built: 2000 Expansion: 2007 Renovation: 2008 Total GLA: 490,000
Sub-Type: Specialty Center Year Built: 1992 Expansion: 1997 Rennovation: 2004
Total GLA: 650,000
Sub-Type: Specialty Center Year Built: 1999 Total GLA: 500,000
Sub-Type: Specialty Center Total GLA: 320,000
Anchor GLA: 85,000 Anchor Ratio: 27%
Sub-Type: Super Regional Center Year Built: 1981
Expansion: 1993 and 2002 Renovation: 2002
Total GLA: 1,868,219
Anchor GLA: 1,259,154
Anchor Ratio: 67%
ANCHOR TENANTS
Saks, Whole Foods, Apple
Retail bridge between Mandalay & Luxor with shops, restaurants
Upscale specialty retail project on Las Vegas Blvd. in CityCenter
Specialty retail center at Planet Hollywood
Upscale/themed retail project at Caesars
Upscale/themed retail project at The Venetian
Barney’s New York
Dillard’s, Nordstrom, Neiman Marcus, Saks Fifth Avenue, Macy’s-North, Forever 21
IN-LINE SHOP RENT/SF SALES/SF $40 - $80 $400 -$600 $60 - $90 $500 -$600 $90 - $120 $900 -$1,500 $65 - $85 $800 -$900
$100 - $125 $1,000 -$1,200 $85 - $110 $900 -$950 $80 - $100 $900 -$925 $80 - $100 $800 -$1,000
VACANCY
10.0%
5.0%
12.0%
7.0%
1.0%
6.0%
11.0%
4.0%
HOUSE_OVERSIGHT_018801