4503 Paradise Rd - Storefront FOR SALE


Las Vegas, NV 89119
$5,309,000 USD
858-449-9922
4503 Paradise Rd, Las Vegas, NV for Sale
$5,309,000 USD
Storefront - FOR SALE
1/11
null | 5.5% Cap Rate

4503 Paradise Rd
Las Vegas, NV 89119


OVERVIEW

The property is a generational asset located 1.2 miles from the world-famous Las Vegas Strip. It is the closest full-service liquor store to the west entrance of the UNLV campus, which includes facilities such as the Thomas & Mack Center, track and field, softball, baseball, soccer, tennis, and intramural fields. Situated at an iconic location on the hard corner of Paradise and E Harmon with a traffic count of 64,500 vehicles per day, the property enjoys strong visibility and accessibility. With historical occupancy, a tenant recently demonstrated their success at this location by extending their lease for an additional 15 years. Located in a dense resort corridor, the property benefits from over 2,500 hotel rooms within 0.3 miles and is supported by a built-in customer base of 124,133 residents within a 3-mile radius and 392,211 residents within a 5-mile radius.

FOR SALE DETAILS

PRICE

$5,309,000 USD

PRICE/SF

$982 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harmon Square - Liquor World

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,630 SF

ZONING

H-1, County

APN/PARCEL ID

162-22-312-002,162-22-312-003

ASK ABOUT THIS PROPERTY

Chuck KleinSRS Real Estate PartnersMore Info
858-449-9922

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Chuck KleinSRS Real Estate PartnersMore Info
858-449-9922

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.