Commercial Leasing in Las Vegas
Landlord and tenant representation across every asset class. We negotiate the lease terms that protect your income or lower your occupancy cost.
Commercial leasing in Las Vegas covers landlord and tenant representation across industrial, retail, office, flex, and multi-family space. The lease structure — triple-net (NNN), gross, or modified gross — decides who pays taxes, insurance, and maintenance, while the terms that move a deal are escalations, the tenant-improvement (TI) allowance, free rent, and renewal options. Tenant representation is typically free to the tenant, since the fee is paid from the listing side. Milvado represents both sides and negotiates the terms that protect your income or lower your occupancy cost.
Lease the Right Space — on the Right Terms
Whether you own space that needs the right tenant or you are a business searching for a home, leasing is where the details matter most. We represent both landlords and tenants with a clear focus on your bottom line.
- Landlord representation — marketing, tenant qualification, and lease negotiation
- Tenant representation — site selection, cost analysis, and term negotiation
- Lease structuring — NNN, gross, escalations, options, and TI allowances
- Renewals & expansions handled proactively
Landlord & Tenant RepresentationWe Lease Every Type of Space
Commercial Leasing in Las Vegas, Explained
Lease structures: NNN, gross, and modified gross
The lease type decides who pays for what. In a triple-net (NNN) lease, the tenant pays a lower base rent plus a share of property taxes, insurance, and common-area maintenance — common in industrial and retail. In a gross (full-service) lease, the landlord absorbs most operating costs into a single all-in rent — common in office. A modified gross lease splits the difference. On NNN deals, disciplined NNN lease administration and CAM reconciliation keep the numbers honest year to year.
The terms that move the deal
Base rent is only the start. The clauses that shape your real economics include annual escalations, the tenant improvement (TI) allowance for build-out, free rent during fit-up, options to renew or expand, personal guarantees, and CAM caps. Small changes to these can outweigh a difference in headline rent.
Landlord representation
If you own space, our landlord representation prices it to the current market, markets it aggressively, qualifies tenants on credit and intended use, and negotiates a lease that protects your income and your asset. Once it is leased, our property management team can take over day-to-day operations and owner reporting.
Tenant representation
If you are searching for space, our dedicated tenant representation is typically free to you because our fee comes from the listing side. We define your requirements, tour the market, run a true cost comparison across options, and negotiate the term, TI, and flexibility your business needs — then support a smooth move-in through our tenant resources. Not sure whether to lease or buy? Compare the paths on our commercial sales page.
Commercial Leasing Questions
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