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Las Vegas Resort Corridor Retail
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4503 Paradise Rd., Las Vegas, NV 89169

Multi-tenant retail center in the Las Vegas Resort Corridor.

Property Size31,037 SF
Price / SF$1,446
Days on Market120

Property Features for 4503 Paradise Rd.

General Information

Standard status Active
Size 31,037 SF
Class A
Property subtype Retail
Zoning Commercial General (CG)
Occupancy 100%
Lease Type NNN
Net Operating Income $2,770,861

Building Details

Year Built 1987
Year Renovated 2015
Tenancy Multi
Listing Agency: Colliers - Las Vegas, Nevada
Listed By: Deana Marcello · License #NV 174174
Source: Crexi
Added: May 1 Changed: Aug 14 Last Checked: Aug 26 at 3:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Las Vegas, Nevada

Investment Insights

Based on property information with market context.

Harmon Square is a multi-tenant retail center situated approximately 1.2 miles east of the Las Vegas Strip. The property is 100% leased to a mix of nationally recognized tenants, including 7-Eleven, White Castle, Dunkin’, Sbarro, Bojangles, and Subway. The property generates additional income through percentage rent and from four billboard structures. Located at the signalized intersection of Paradise Road and Harmon Avenue, Harmon Square is across the street from the Hofbräuhaus Las Vegas and Virgin Las Vegas Hotel & Casino. The property benefits from The Boring Company’s Vegas Loop, with a dedicated stop at the exterior of the Virgin Hotel & Casino, delivering tourists and travelers to the immediate trade area from Harry Reid International Airport, The Las Vegas Convention Center, and other resort corridor destinations. The property size is 31037 square feet.

Key Highlights

  • Located in the Las Vegas Resort Corridor, ±1.2‑miles east of the Las Vegas Strip.
  • 100% leased to nationally recognized tenants including 7‑Eleven, White Castle, and Dunkin’.
  • Generates additional income through percentage rent and four billboard structures.

Property Analytics

Current Use

Tropical Smoothie Cafe Restaurant Subway Take-out & Catering Dunkin' Cafe & Coffee Shop Credit Repair Financial Advisor Roberto's Taco Shop ... Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,748
Businesses Nearby
Well-served
Demand for This Use

Demographics for 89169, NV

25,938
Population
14,070
Households
1.8
Avg Household Size
36
Median Age
19%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
7,629
Density / Sq Mi
$39,740
Median Household Income
$32,457
Median Earnings
$1,159
Median Rent
$299,900
Median Home Value

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center in the Las Vegas Resort Corridor.
Where is this shopping center located?
The property is located at 4503 Paradise Rd. Las Vegas, NV.
What is the asking price?
The asking price for this property is $44,900,000.
What are key features of this property?
This property features: Located in the Las Vegas Resort Corridor, ±1.2‑miles east of the Las Vegas Strip.; 100% leased to nationally recognized tenants including 7‑Eleven, White Castle, and Dunkin’.; Generates additional income through percentage rent and four billboard structures.
(702) 735-5700 Call to check price and availability
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