<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="36.1274776" data-lng="-115.171197" data-map-catchment-data-value="{&quot;lat&quot;:&quot;36.1274776&quot;,&quot;lng&quot;:&quot;-115.171197&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:2300000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km&quot;,&quot;description&quot;:&quot;Radius covering core local population around the Las Vegas Strip&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km&quot;,&quot;description&quot;:&quot;Extended radius including greater Las Vegas metro area&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;2,300,000 people&quot;,&quot;description&quot;:&quot;Estimated population in Las Vegas metro area serving the mall&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5 %&quot;,&quot;description&quot;:&quot;Annual growth rate for Las Vegas metro population&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;38.5 years&quot;,&quot;description&quot;:&quot;Median age of population in Las Vegas&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.7 people/household&quot;,&quot;description&quot;:&quot;Average household size in Las Vegas&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28 percent&quot;,&quot;description&quot;:&quot;Percentage of population with bachelor&#39;s degree or higher&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;78,556 USD&quot;,&quot;description&quot;:&quot;Median household income in Las Vegas&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.2 %&quot;,&quot;description&quot;:&quot;Unemployment rate in Las Vegas-Paradise MSA&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;110 index&quot;,&quot;description&quot;:&quot;Cost of living index for Las Vegas (national average 100)&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;12,500 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Las Vegas area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,500 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on groceries per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on electronics per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;12,000,000 visitors/year&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25 %&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;7,500 USD/sqm/year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of GLA&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;200 stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes presence&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants like Macy&#39;s and Nordstrom&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High density&quot;,&quot;description&quot;:&quot;High density of competing malls on the Las Vegas Strip&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High diversity&quot;,&quot;description&quot;:&quot;Diverse mix of fashion, accessories, and dining tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;15 concepts&quot;,&quot;description&quot;:&quot;Number of unique or experiential retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;156,800 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 levels&quot;,&quot;description&quot;:&quot;Number of retail levels in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;75.00 USD/sqm/month&quot;,&quot;description&quot;:&quot;Average asking rent for retail space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.4 %&quot;,&quot;description&quot;:&quot;Current vacancy rate in the Las Vegas retail market&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High flexibility&quot;,&quot;description&quot;:&quot;Flexible lease terms available for tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;7,000 sqm&quot;,&quot;description&quot;:&quot;Current available leasable space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.1 km&quot;,&quot;description&quot;:&quot;Distance to Las Vegas Boulevard and I-15&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes access&quot;,&quot;description&quot;:&quot;Direct access to RTC buses and nearby monorail&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;5,000 spaces&quot;,&quot;description&quot;:&quot;Total parking spaces in garages and lots&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High traffic&quot;,&quot;description&quot;:&quot;High pedestrian flow from the Las Vegas Strip&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High competition&quot;,&quot;description&quot;:&quot;Strong competition from online fashion retailers&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;70 %&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services by tenants&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;92 %&quot;,&quot;description&quot;:&quot;Internet penetration rate in Las Vegas households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Medium rate&quot;,&quot;description&quot;:&quot;Moderate retail crime incidents reported on the Strip&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive measures&quot;,&quot;description&quot;:&quot;On-site security, surveillance, and police presence&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 events/year&quot;,&quot;description&quot;:&quot;Number of promotional and fashion events annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;60 percent&quot;,&quot;description&quot;:&quot;Penetration of store loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;High presence&quot;,&quot;description&quot;:&quot;Extensive digital signage throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5 percent/year&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;20 tenants&quot;,&quot;description&quot;:&quot;Number of new tenants in the pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;22,000 sqm&quot;,&quot;description&quot;:&quot;Planned expansion area including new restaurants and casino&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:5457,&quot;slug&quot;:&quot;las-vegas-north-premium-outlets&quot;,&quot;name&quot;:&quot;Las Vegas North Premium Outlets&quot;,&quot;lat&quot;:&quot;36.1636508&quot;,&quot;lng&quot;:&quot;-115.1577492&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Las Vegas North Premium Outlets, owned by Simon Property Group, spans approximately 1.1 million square feet on 40 acres at 875 South Grand Central Parkway in North Las Vegas, Nevada. Opened in 2003 and expanded multiple times, it features over 175 stores focused on value-oriented luxury and designer brands, attracting both local residents and tourists. The tenant mix emphasizes apparel (e.g., Adidas, Armani Exchange, Banana Republic, Coach, Michael Kors), accessories (Kate Spade, Tory Burch), footwear (Jimmy Choo, Nike), and home goods, alongside dining options like The Cheesecake Factory, Shake Shack, and a food court. Positioned minutes from the Las Vegas Strip and accessible via Interstate 15, it benefits from the region&#39;s 42 million annual visitors and North Las Vegas&#39;s growing population exceeding 300,000, with median household income around $65,000. Market reports indicate the Las Vegas retail sector maintains low vacancy rates of 5-6% in 2026, with premium outlets like this achieving occupancy above 96%. Leasing advantages include stable rents averaging $40-50 per square foot (triple net), high footfall estimated at 10-12 million annual visitors, and a diverse demographic mix of middle-income locals (ages 25-54) and transient tourists seeking discounts up to 65%. However, challenges include seasonal tourism dips and competition from the larger Las Vegas South Premium Outlets, which draws similar traffic. Operational quality is solid with modern infrastructure, though parking congestion during peak events poses access issues. Overall, it offers reliable performance for retailers in discount luxury categories amid a saturated but resilient Vegas market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Saks Fifth Avenue Off 5th, Nike, Armani Exchange, Dolce \u0026 Gabbana, The Cheesecake Factory&quot;,&quot;distance&quot;:4.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;175&quot;,&quot;gla_sqm&quot;:&quot;63600&quot;,&quot;anchor_tenants&quot;:&quot;Saks Fifth Avenue Off 5th, Nike, Armani Exchange, Dolce \u0026 Gabbana, The Cheesecake Factory&quot;}},{&quot;id&quot;:5437,&quot;slug&quot;:&quot;fashion-show-mall&quot;,&quot;name&quot;:&quot;Fashion Show Mall&quot;,&quot;lat&quot;:&quot;36.1274776&quot;,&quot;lng&quot;:&quot;-115.171197&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Fashion Show Mall, located at 3200 Las Vegas Boulevard South on the iconic Las Vegas Strip in Nevada, United States, spans approximately 1.8 million square feet of gross leasable area and is owned and managed by Simon Property Group. Established in 1965 and significantly expanded in 1998 and 2013, it serves as a premier shopping destination attracting over 13 million visitors annually, benefiting from the high footfall of the Strip&#39;s 40 million tourists. The tenant mix features a strong emphasis on upscale fashion and luxury brands, including anchors like Macy&#39;s, Nordstrom, and Dillard&#39;s, alongside high-end retailers such as Louis Vuitton, Gucci, Tiffany \u0026 Co., and Apple Store. Mid-tier options like H\u0026M, Forever 21, and Zara complement the lineup, with dining options including California Pizza Kitchen and Johnny Rockets. Market position remains robust in the Las Vegas retail sector, where Q3 2025 reports indicate overall vacancy rates around 5.3% and positive net absorption of 208,121 square feet, driven by tourism recovery and limited new supply. Leasing advantages include prime visibility and pedestrian access from the Strip, proximity to major resorts like Wynn and Treasure Island, and opportunities for first-to-market debuts for brands. However, high operational costs and seasonal fluctuations tied to convention and event calendars pose challenges. Accessibility is excellent via I-15 and monorail, though parking can be congested during peak times. Demographic profile skews toward affluent tourists aged 25-54 with household incomes over $100,000, supplemented by local high rollers. Operational quality is high, with recent renovations enhancing appeal, but competition from experiential retail in adjacent casino properties requires strong merchandising strategies.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Neiman Marcus, Saks Fifth Avenue, Nordstrom, Dillard&#39;s&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;185806&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Neiman Marcus, Saks Fifth Avenue, Nordstrom, Dillard&#39;s&quot;}},{&quot;id&quot;:5443,&quot;slug&quot;:&quot;the-forum-shops-at-caesars-palace&quot;,&quot;name&quot;:&quot;The Forum Shops At Caesars Palace&quot;,&quot;lat&quot;:&quot;36.119001&quot;,&quot;lng&quot;:&quot;-115.1761257&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Forum Shops at Caesars Palace, situated within the iconic Caesars Palace resort on the Las Vegas Strip in Nevada, United States, is a 675,000-square-foot upscale retail center managed by Simon Property Group. It hosts around 160 tenants, emphasizing luxury brands including Gucci, Louis Vuitton, Balenciaga, Saint Laurent, Christian Louboutin, and David Yurman, alongside fine dining venues such as RPM Italian, Carmine&#39;s, and The Palm. The property&#39;s Roman-themed architecture and entertainment features, like animatronic shows, enhance the visitor experience. In 2025, Las Vegas welcomed 38.5 million tourists, down 7.5% from 2024, with hotel occupancy at 80.3% and average room rates at $183.52, contributing to softer retail footfall. Southern Nevada&#39;s retail vacancy stood at 4.4% in Q4 2025, supporting average asking rents of $26 per square foot amid low supply. Accessibility is strong via the Strip&#39;s monorail and walkways, though traffic congestion poses challenges. The tenant mix targets affluent demographics, with visitors averaging mid-40s age, higher household incomes over $100,000, and significant international presence. Leasing advantages include high visibility to 40 million annual Strip passersby, synergistic casino traffic, and robust operational quality. Drawbacks involve tourism dependency, market saturation in luxury categories, and competition from nearby Fashion Show Mall and Grand Canal Shoppes, potentially pressuring sales in off-peak periods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, H\u0026M, Versace, Dior&quot;,&quot;distance&quot;:1.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;62700&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, H\u0026M, Versace, Dior&quot;}},{&quot;id&quot;:8506,&quot;slug&quot;:&quot;simon-premium-outlets-las-vegas&quot;,&quot;name&quot;:&quot;Simon Premium Outlets Las Vegas&quot;,&quot;lat&quot;:&quot;36.1636508&quot;,&quot;lng&quot;:&quot;-115.1577492&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Las Vegas North Premium Outlets, owned and managed by Simon Property Group, is a 1.1 million square foot open-air shopping center located at 875 South Grand Central Parkway in Las Vegas, Nevada, approximately 10 minutes from the Las Vegas Strip and 5 minutes from Harry Reid International Airport. Opened in 2003, it features over 175 stores offering discounts up to 65% on brands across fashion, accessories, footwear, sportswear, and home goods. Key tenants include Coach Outlet, Michael Kors, Nike Factory Store, Adidas, Tommy Hilfiger, and Under Armour, with a tenant mix emphasizing mid-to-upper tier outlet retail that appeals to value-conscious shoppers. The property benefits from Las Vegas&#39;s robust tourism market, with over 40 million annual visitors driving significant footfall, estimated at several million annually based on regional retail data. Market position is strong in the premium outlet segment, supported by high portfolio occupancy of 96.4% as of Q4 2025 for Simon&#39;s U.S. outlets, reflecting steady demand amid a Las Vegas retail vacancy rate of 6.1%. Leasing advantages include competitive base minimum rents around $58 per square foot across Simon&#39;s portfolio, supplemented by percentage rents tied to sales performance averaging $733 per square foot. Accessibility via I-15 freeway and proximity to major attractions enhance visibility, though the open-air design poses challenges in extreme desert heat. Overall, the center supports retailer performance through diverse demographics blending 2.3 million local residents with international tourists, though market saturation from nearby competitors like Las Vegas South Premium Outlets and Strip-based malls requires strategic tenant curation to maintain traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Nike, Coach, Michael Kors, Adidas, Under Armour&quot;,&quot;distance&quot;:4.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;175&quot;,&quot;gla_sqm&quot;:&quot;63612&quot;,&quot;anchor_tenants&quot;:&quot;Nike, Coach, Michael Kors, Adidas, Under Armour&quot;}},{&quot;id&quot;:5844,&quot;slug&quot;:&quot;grand-canal-shoppes&quot;,&quot;name&quot;:&quot;Grand Canal Shoppes&quot;,&quot;lat&quot;:&quot;36.1223898&quot;,&quot;lng&quot;:&quot;-115.1674242&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Grand Canal Shoppes is an upscale indoor shopping and entertainment complex integrated within The Venetian Resort Las Vegas on the Las Vegas Strip in Nevada, United States. Spanning approximately 875,000 square feet, it features over 160 specialty stores, luxury boutiques, and more than 15 dining options, replicating a Venice-inspired environment with gondola rides and canals. Major tenants include high-end brands such as Louis Vuitton, Gucci, and Tory Burch, alongside experiential retailers and eateries like Carlo&#39;s Bakery and Mott 32. In the context of the Las Vegas retail market, which reported a vacancy rate of 4.4% in Q4 2025 per Colliers, the property benefits from the Strip&#39;s robust tourism-driven footfall, with Las Vegas attracting around 36.9 million visitors in 2025 despite a 7.5% decline from prior years due to economic pressures. The luxury segment maintains high occupancy near 95%, supported by strong absorption and rent growth exceeding national averages at about 3-4% annually. Leasing advantages include prime visibility to resort guests and pedestrians, with average asking rents in premium Strip locations ranging from $20-30 per square foot on a base year structure, plus percentage rents tied to sales. However, challenges arise from market saturation among similar high-end venues like The Forum Shops and Fashion Show Mall, seasonal fluctuations in tourism, and rising operational costs amid inflation. The tenant mix emphasizes fashion, jewelry, and dining, catering to affluent tourists, but faces risks from reduced international travel and competition for experiential retail space.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Burberry, Chanel, Dior, Gucci, Louis Vuitton, Tiffany \u0026 Co.&quot;,&quot;distance&quot;:0.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;47930&quot;,&quot;anchor_tenants&quot;:&quot;Burberry, Chanel, Dior, Gucci, Louis Vuitton, Tiffany \u0026 Co.&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5967,&quot;slug&quot;:&quot;town-square-las-vegas&quot;,&quot;name&quot;:&quot;Town Square Las Vegas&quot;,&quot;lat&quot;:&quot;36.0677968&quot;,&quot;lng&quot;:&quot;-115.1762255&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Town Square Las Vegas is an open-air lifestyle and entertainment center occupying 100 acres with 1.2 million square feet of gross leasable area, located at 6605 Las Vegas Boulevard South in Enterprise, Nevada, just south of the Las Vegas Strip and near Harry Reid International Airport. Opened in 2007 amid the recession, it was developed by Centra Properties and Turnberry Associates, featuring 26 buildings with facades inspired by global architecture, public parks, water features, and 5,800 parking spaces. Currently owned by TIAA (85% stake) and managed by Fairbourne Properties, the center blends retail, dining, office, and entertainment spaces. Tenant mix is diverse and robust, anchored by AMC Theatres (18 screens), Whole Foods Market, H\u0026M, The Container Store, and TJ Maxx. Apparel retailers include Abercrombie \u0026 Fitch, Old Navy, Saks OFF 5TH, and Victoria&#39;s Secret. Dining comprises over 20 outlets such as Fleming&#39;s Prime Steakhouse, Yard House, P.F. Chang&#39;s, Lazy Dog Restaurant \u0026 Bar, and the recent Flecha by Mark Wahlberg. Entertainment options feature PopStroke mini-golf, Velocity Esports, Wiseguys Comedy Club, and Escapology. Services and specialty shops like Apple, Bath \u0026 Body Works, and Ulta Beauty round out the offerings, with 350,000 square feet dedicated to offices housing firms like DraftKings and the Las Vegas Chamber of Commerce. In the broader Las Vegas retail market, which ended 2025 with a 5.6% vacancy rate, positive net absorption of 238,234 square feet, and average asking rents of $26 per square foot NNN, Town Square maintains a strong market position as a tourist-local hybrid destination. Its advantages for lessees include prime boulevard visibility, seamless highway access via I-15 and the 215 Beltway, and a synergistic tenant mix fostering cross-shopping. Footfall benefits from proximity to 42 million annual visitors, though exact center-specific metrics are unavailable; general market data suggests millions in annual traffic. Potential leasing opportunities arise from stable occupancy above 90% and limited new supply, but retailers must weigh tourism downturns, with 2025 visitor numbers dropping 7%, alongside competition from outlet centers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;AMC Theatres, H\u0026M, Whole Foods Market, Saks Off 5th, The Container Store&quot;,&quot;distance&quot;:6.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;174&quot;,&quot;gla_sqm&quot;:&quot;111484&quot;,&quot;anchor_tenants&quot;:&quot;AMC Theatres, H\u0026M, Whole Foods Market, Saks Off 5th, The Container Store&quot;}},{&quot;id&quot;:5705,&quot;slug&quot;:&quot;las-vegas-premium-outlets-south&quot;,&quot;name&quot;:&quot;Las Vegas Premium Outlets South&quot;,&quot;lat&quot;:&quot;36.0539333&quot;,&quot;lng&quot;:&quot;-115.1689283&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Las Vegas Premium Outlets South is an indoor outlet shopping center owned by Simon Property Group, located at the southeast corner of Warm Springs Road and Interstate 15 in Enterprise, Nevada, approximately 5 miles south of the Las Vegas Strip and 10 minutes from Harry Reid International Airport. Spanning about 540,000 square feet, it features over 140 stores focused on value-oriented fashion and accessories, including major brands such as Michael Kors, Coach, kate spade new york, Polo Ralph Lauren Factory Store, Adidas, Calvin Klein, DKNY, Guess, Levi\&quot;s, Nike, Tommy Hilfiger, and Under Armour. The tenant mix emphasizes mid-tier apparel, footwear, and sportswear, with two food courts offering casual dining options like quick-service restaurants. As part of Simon\&quot;s premium outlet portfolio, it benefits from the company\&quot;s overall 96.4% occupancy rate as of Q3 2025, with this property reportedly at 100% occupancy, indicating strong demand. The center attracts a high volume of tourists due to Las Vegas\&quot;s 40 million annual visitors, supplemented by local residents from Henderson and surrounding areas, driving footfall estimated in the millions annually through tourism synergy. Leasing advantages include competitive outlet rents, potentially around $20-40 per square foot annually based on broader Vegas retail trends of $2.04 PSF monthly NNN, with opportunities for high sales per square foot from bargain-seeking shoppers. Market position is solid in a resilient Las Vegas retail sector with 4.6% vacancy and steady absorption, but faces challenges from online competition and saturation in value retail. Drawbacks include occasional traffic congestion on I-15, limited public transit access, and security concerns noted in visitor reviews, alongside competition from the larger Las Vegas Premium Outlets North. Operational quality is maintained with ample free parking for over 5,000 vehicles and seasonal promotions, though aging infrastructure from its 1993 origins requires ongoing investments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Nike, Adidas, Coach, Michael Kors, Polo Ralph Lauren, Under Armour, Kate Spade&quot;,&quot;distance&quot;:8.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;49775&quot;,&quot;anchor_tenants&quot;:&quot;Nike, Adidas, Coach, Michael Kors, Polo Ralph Lauren, Under Armour, Kate Spade&quot;}},{&quot;id&quot;:5966,&quot;slug&quot;:&quot;meadows-mall&quot;,&quot;name&quot;:&quot;Meadows Mall&quot;,&quot;lat&quot;:&quot;36.1725082&quot;,&quot;lng&quot;:&quot;-115.1964086&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Meadows Mall is a two-story enclosed shopping center located at 4300 Meadows Lane in Las Vegas, Nevada, spanning 945,000 square feet on 84 acres. Situated on U.S. Highway 95 northwest of the Las Vegas Strip, it serves as a super-regional retail destination with convenient access via major highways and ample on-site parking, drawing a loyal customer base from local residents. The mall hosts over 118 tenants, offering a diverse mix of retailers including apparel, footwear, electronics, and services, anchored by major stores that contribute to its daily traffic. In the context of the Las Vegas retail market, which maintained low vacancy rates around 5.6% in 2025 with positive net absorption of over 200,000 square feet in the third quarter, Meadows Mall benefits from the area&#39;s stable performance amid economic challenges like negative taxable sales growth. Leasing opportunities here provide visibility to a demographic profile centered on middle-income households in the surrounding neighborhoods, with proximity to major employers enhancing weekday footfall. However, the market&#39;s bifurcation favors high-quality assets, and potential tenants should consider broader trends such as softening demand in certain submarkets and competition from newer developments. Operational quality includes standard mall amenities, though the property&#39;s age from 1983 may require attention to infrastructure maintenance. Rent levels align with regional averages, showing growth above the national benchmark, but saturation in apparel categories poses risks for specific retail segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Las Vegas&quot;},&quot;anchor_tenants&quot;:&quot;Brookfield Properties&quot;,&quot;distance&quot;:5.5,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;85953&quot;,&quot;anchor_tenants&quot;:&quot;Brookfield Properties&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/fashion-show" id="mall-map-wrapper"><div data-city="Las Vegas" data-current-mall="true" data-id="fashion-show" data-lat="36.1274776" data-lng="-115.171197" data-map-target="mall" data-name="Fashion Show" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">2,300,000 people</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5 %</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">78,556 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.2 %</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">110 index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12,500 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,500 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 USD/year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12,000,000 visitors/year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25 %</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">7,500 USD/sqm/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">200 stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">156,800 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">75.00 USD/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.4 %</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">0.1 km</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Yes access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">5,000 spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">70 %</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">92 %</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Medium rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">60 percent</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">High presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 percent/year</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">20 tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">22,000 sqm</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>