Land under Suncoast in Las Vegas on market for $87M
The land underneath the Suncoast is on the market for $87 million, the listing broker said Wednesday.
Eric Carlton of Colliers International told the Las Vegas Review-Journal that the hotel-casino is not for sale, only the 49-acre parcel on which it sits.
The land is owned by private investors, and the listing, on LoopNet, indicates the ground lease has 35 years remaining on it.
The Suncoast, 9090 Alta Drive, at Rampart Boulevard, is operated by Boyd Gaming Corp. It features 427 hotel rooms, around 95,900 square feet of casino space, a 16-screen movie theater and a 64-lane bowling alley, according to a securities filing.
Boyd spokesman David Strow said Wednesday that the Suncoast has leased its land since the hotel was built and that Boyd has “absolutely nothing” to do with the sales effort.
More Top Stories
A fragile ceasefire was holding along Turkey’s border with Syria on Saturday, two days after President Tayyip Erdogan agreed the truce to allow Kurdish forces …read more
Prime Minister Boris Johnson puts his last-minute Brexit deal to a vote in an extraordinary sitting of the British parliament on Saturday, a day of …read more
Hong Kong leader Carrie Lam took to the airwaves on Saturday to back the use of force by police ahead of a major anti-government march …read more
Protesters across Lebanon blocked roads with burning tires on Friday and marched in Beirut for a second day in demonstrations targeting the government over an …read more
House Democrats have withheld information from members of Congress, misinformed the American public, and disregarded precedent on processes for this inquiry.read more
North Las Vegas police are investigating after a pedestrian was struck and killed by a car Friday night.read more