4503 Paradise Rd - Storefront FOR SALE


Las Vegas, NV 89169
$8,587,000 USD
858-449-9922
4503 Paradise Rd, Las Vegas, NV for Sale
$8,587,000 USD
Storefront - FOR SALE
1/14
null | 5.25% Cap Rate

4503 Paradise Rd
Las Vegas, NV 89169


OVERVIEW

The property is a generational asset located just 1.2 miles from the world-famous Las Vegas Strip. It boasts an iconic location at the hard corner of Paradise and E Harmon, which experiences a high traffic count of 64,500 vehicles per day. The tenant roster includes well-known brands such as Dunkin' Donuts, Subway, and Roberto’s, attracting a broad customer base with their high-profile, daily-use offerings. The property is 100% occupied with NNN leases, providing stable historical occupancy, expense pass-throughs for ease of management, and minimal expense slippage. Situated in a dense resort corridor with over 2,500 hotel rooms within 0.3 miles, it is also positioned in a strong population area with 124,133 residents within a 3-mile radius and 392,211 residents within a 5-mile radius.

FOR SALE DETAILS

PRICE

$8,587,000 USD

PRICE/SF

$1,597 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harmon Square - Dunkin', Subway, Roberto's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

39

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.