Smack dab in the middle of everything flashy and larger - than - life that Las Vegas is known for, the Mandarin Oriental, Las Vegas occupies prime real
estate on the Strip, one of a gauntlet of shiny mega - hotel / casinos.
«Overall, we have seen an increase in demand in triple - net - lease properties in the last five years across all property types,» says Michael Houge, a principal at Minneapolis - based Upland Real
Estate Group Inc. «Restaurants in the price range of $ 1 million to $ 3 million in particular are a really hot area, and most restaurants fit
smack dab in that range.»