The Galleria at Spring Mountain Highlands
The Galleria at Spring Mountain Highlands will be the newest premier retail location in the Las Vegas Resort Corridor. Located at the entrance of the booming Chinatown/Asian District of Las Vegas. The Project will boast 91,000 SF of two-story retail with rooftop space with a heavy emphasis on Restaurants and Experiential Retail, allowing it to capitalize on and contribute to the already bustling nightlife and strong commercial activity in the surrounding area.
Designed by the architects behind the beautiful Downtown Summerlin, STIR Architecture, The Galleria is expected to bring another level of excitement and prestige to this quickly growing sector of Las Vegas. With a daily traffic count of +95,000 vehicles per day, this is amongst the highest trafficked in all of Las Vegas. HMV has already garnered strong interest from multiple prospective tenants at competitive rates of $60/SF/year NNN, which would make this project one of the most successful retail developments in the area.
Property Highlights
• Located near the heart of the famous Las Vegas Strip
• At the entrance into Las Vegas Chinatown/Asian district
• Less than 1/2 mile from the I-15 Interchange
• Prime location with significant daytime and nighttime traffic from both locals and tourists resulting in +/-94,500 CPD, making it one of the busiest intersections inLas Vegas.
• Looking to bridge the gap between Las Vegas’ local population and the tourism 3,700 feet away at The Strip.
Chinatown/Asian District Corridor
• Located along Spring Mountain Road at I-15 to Rainbow Blvd, this +/-3.5-mile stretch offers an exciting entertainment, shopping and dining destination for both locals and tourists. Known as Las Vegas Chinatown (Asian District), the area continues to grow with several recent retail developments such as Shanghai Plaza and Golden Spring Plaza including multi-family projects, Green Leaf Lotus and Jade.
• Chinatown (Asian District) visitors will find five Asian grocers, over 150 restaurants offering authentic Chinese and various Asian ethnic cuisines including affordable and upscale options, experiential retail, and entertainment.
AREA HIGHLIGHTS
• Lack of new development with continued demand
• Outperforms othersubmarkets. 4% retail vacancy
• Retail rental rates starting at $5 PSF/month NNN with generous TI allowances.
Image Gallery
The Galleria
Interested in preleasing at The Galleria?
Please complete this simple form and we will reach out to you promptly.
HMV Land Assembly is a family office investment and development firm that owns significant real estate assets in Nevada, Idaho, and California, and is focused on the ground-up development of various Class-A property types.
© 2022. All Right Reserved. HMV Website.
HMV Land Assembly is a family office investment and development firm that owns significant real estate assets in Nevada, Idaho, and California, and is focused on the ground-up development of various Class-A property types.
© 2022. All Right Reserved. HMV Website.