5050 W Russell Rd
Las Vegas, NV 89118 Spring Valley

Three Ground Lease Pads Available at Otonomus Las Vegas
A rare opportunity to ground lease one of three commercial pads located within the planned Otonomus Hotel and mixed-use development near Russell Road and Decatur Boulevard in Las Vegas.
The available pads are approximately 3,000 square feet, 4,800 square feet, and 8,000 square feet, offering flexibility for a variety of restaurant, retail, service, and neighborhood commercial uses.
Otonomus Las Vegas is planned as a technology-driven hospitality and residential destination featuring approximately 1,100 beds and nearly 40,000 square feet of additional food, beverage, and retail space. The development is designed to create a built-in customer base consisting of hotel guests, residents, employees, visitors, and customers from the surrounding community.
The property is conveniently located near the Las Vegas Strip, Harry Reid International Airport, Allegiant Stadium, major employment centers, and established residential neighborhoods. The location provides strong visibility, accessibility, and proximity to some of the most active hospitality and entertainment corridors in Las Vegas.
Potential uses may include quick-service or full-service restaurants, coffee concepts, convenience retail, fitness and wellness, medical services, financial services, automotive-related services, or other complementary commercial uses, subject to ownership approval, applicable zoning, and use restrictions.
**Ground Lease Terms:**
* Base Rent: $30.00 per square foot per year, NNN
* Estimated CAM: $10.80 per square foot per year
* Lease Term: Five to ten years with options.  Negotiable.
* Pad Sizes: Approximately 3,000, 4,800, and 8,000 square feet
Final lease terms, pad configuration, permitted uses, delivery condition, tenant improvement responsibilities, and development requirements are subject to negotiation.
Tenants may lease an individual pad or explore combining available spaces, depending on use, availability, and compatibility with the overall development.
Contact the listing broker for site plans, development details, permitted-use discussions, and ground lease information.