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The Collective 511-515 Las Vegas Blvd S 2,618 - 5,236 SF of Office/Retail Space Available in Las Vegas, NV 89101



Highlights
- ±5,236 SF, full or by floor
- Incentives for qualified tenants
- Steps to Fremont St — 26M+ visitors/yr
- Base $2.50/SF NNN, CAMs $0.50/SF
- Las Vegas Blvd 'oceanfront' frontage
- Luxury high-rise & multifamily nearby
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 511 | 2,618 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $78,540 /YR $6,545 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 511 | 2,618 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $78,540 /YR $6,545 /MO | Triple Net (NNN) |
1st Floor, Ste 511
The ground-floor suite — most recently home to Velvet Vine, a popular wine bar and artisanal café — is fully built out and primed for a new café, wine or cocktail lounge, restaurant, retail storefront, fitness venue, or collaborative office. Outfitted with a grease trap interceptor and existing coffee- and wine-bar infrastructure, the space offers a near-turnkey beverage and light-food setup that can help reduce buildout cost and accelerate time to open, subject to a tenant's own verification of equipment and suitability. With its open lounge layout, exposed wood-beam ceilings, polished concrete floors, and two ground-floor restrooms, the suite delivers immediate flexibility for hospitality-driven or creative concepts looking to activate a high-profile Las Vegas Boulevard frontage — and carries a demonstrated history as both a daily café and an evening events venue. The floor is available on its own or as part of the full ±5,236 SF building.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Located in-line with other retail
- Near-turnkey F&B, grease trap installed
- Open layout, wood beams, concrete floors
- Two ground-floor restrooms
- Strong west & north & south signage potential
- Proven café & private-events history
- Café, lounge, retail, fitness — no hood
2nd Floor, Ste 511
The second floor sits directly atop the ground-floor F&B space and is configured as a collection of executive-suite-style private offices — ideal for professional services, creative studios, or a small-team headquarters seeking a distinctive Downtown address. The offices are available individually or collectively, and can be leased on flexible month-to-month terms, making the level equally suited to a single growing tenant or to multiple small users who want a landmark Boulevard address without a long-term commitment. The floor functions independently with its own restroom, and can be secured on its own, in conjunction with the ground floor, or as part of the entire building — giving an operator the option to pair a customer-facing venue below with private workspace above for a true live-work flagship.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Located in-line with other retail
- Executive-suite private offices
- Lease individually or collectively
- Flexible month-to-month terms
- Independent floor with own restroom
- Ideal for pros, studios, small teams
- Combine with ground floor for live-work
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at The Collective
- Tenant
- Description
- US Locations
- Reach
- Ever After Wedding Chapel
- Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Ever After Wedding Chapel | Services | - | - |
Property Facts
| Total Space Available | 5,236 SF | Gross Leasable Area | 9,004 SF |
| Property Type | Retail | Year Built/Renovated | 1956/2024 |
| Property Subtype | Restaurant |
| Total Space Available | 5,236 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,004 SF |
| Year Built/Renovated | 1956/2024 |
About the Property
The Collective is a landmark address on prestigious Las Vegas Boulevard — the "oceanfront" of Downtown — offering up to ±5,236 SF of Class-A retail and office space across two floors within a ±9,004 SF, two-building project. Originally built in 1956 and fully renovated in 2024, the property pairs the character of vintage Downtown architecture with a clean, contemporary buildout, all under flexible C2 zoning that accommodates a wide range of commercial uses. The 511 building can be leased in full or by the floor, giving operators the rare ability to scale into a flagship Boulevard presence or step in at a single level. The ground floor — most recently home to Velvet Vine, a popular wine bar and artisanal café — is fully built out and primed for a new café, wine or cocktail lounge, restaurant, retail storefront, fitness venue, or collaborative workspace. Outfitted with a grease trap interceptor and existing coffee- and wine-bar infrastructure, the suite offers a near-turnkey beverage and light-food setup that can help reduce buildout cost and accelerate time to open, subject to a tenant's own verification of equipment and suitability. Its open lounge layout, exposed wood-beam ceilings, polished concrete floors, and two ground-floor restrooms deliver immediate flexibility for hospitality-driven or creative concepts looking to activate a high-profile frontage, while the floor's demonstrated history as both a daily café and an evening events venue speaks to its versatility. Directly above, the second floor is configured as a collection of executive-suite-style private offices, available individually or collectively on flexible month-to-month terms. The level functions independently with its own restroom and can be secured on its own, in conjunction with the ground floor, or as part of the entire building — allowing a single operator to pair a customer-facing venue below with private workspace above for a true live-work flagship. What sets The Collective apart is its built-in neighbor. The project adjoins the Ever After Wedding Chapel at 515 Las Vegas Blvd, with the two buildings sharing a zero-lot-line connection. As an established, event-driven tenant within the same project, the chapel generates a steady stream of couples, wedding parties, guests, and celebrants directly alongside the available space — a ready-made and recurring source of foot traffic that most ground-floor concepts have to build from scratch. The synergy is immediate and tangible: a café, lounge, restaurant, or bar in the 511 ground floor is naturally positioned to capture pre- and post-ceremony gatherings, receptions, toasts, and rehearsal celebrations, while the upstairs offices offer an ideal home for event-adjacent professionals such as planners, photographers, officiants, and boutique hospitality operators. Velvet Vine's own track record of hosting receptions, private dining, and intimate celebrations on-site is proof of concept for exactly this kind of cross-traffic. For the right tenant, the chapel is not a passive neighbor but an active demand driver baked into the address. Beyond the building, The Collective sits at the cultural and civic heart of Downtown Las Vegas. It is steps from the Civic & Business Center, which brings professionals and daily foot traffic, and minutes from the Fremont Street Experience, which draws more than 26 million visitors annually. The surrounding district pulses with energy year-round — from the Life is Beautiful music festival and its 170,000-plus attendees to First Friday, the Downtown Arts District, and a deep roster of nearby dining, nightlife, and entertainment venues. Marquee hotels including The D Las Vegas, Circa Resort, and Golden Nugget anchor the area with thousands of rooms and steady tourist traffic, while a rapidly growing residential base — including luxury high-rise towers and more than 1,100 new multifamily units underway nearby — supplies a local, day-in, day-out customer base to complement the visitor economy. The result is a location that delivers visibility, flexibility, and the rare opportunity to lease along the most recognizable corridor in the city, with an event-driven co-tenant generating qualified traffic right next door.
- Signage
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
The Collective | 511-515 Las Vegas Blvd S






