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NNN Ground Lease with Drive-Thru
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4650 S Maryland Pkwy, Las Vegas, NV 89119

New 2026 construction on a 20-year absolute triple-net ground lease with zero landlord responsibilities and a drive-thru

Property Size3,166 SF
Price / SF$1,175
Days on Market118

Property Features for 4650 S Maryland Pkwy

General Information

Standard status Active
Size 3,166 SF
Property subtype RETAIL

Building Details

Year Built 2026
Listing Agency: Marcus & Millichap | Phoenix
Listed By: Mark Ruble · License #SA550593000
Source: Moodyscre
Added: May 11 Changed: Sep 3 Last Checked: Sep 4 at 4:29AM

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 Marcus & Millichap | Phoenix

Investment Insights

Based on property information with market context.

This NNN property is offered as a brand-new 20-year absolute triple-net (NNN) ground lease with zero landlord responsibilities. The ground lease structure is designed to place responsibility on the tenant while the landlord maintains a long-term, triple-net framework. The asset features new 2026 construction and includes a drive-thru.

Located at 4650 S Maryland Pkwy in Las Vegas, the property sits within 5 miles of the Vegas Strip, Harry Reid International Airport, and Downtown Las Vegas. It is in immediate proximity to UNLV (University of Nevada, Las Vegas), with total enrollment exceeding 33,700 students as of fall 2025.

With 3,166 square feet, this is a compact, single-tenant NNN ground-lease opportunity positioned for retail/restaurant concepts that benefit from drive-thru access and nearby demand drivers.

Key Highlights

  • Brand‑new 20‑year absolute triple‑net (NNN) ground lease with zero landlord responsibilities
  • New 2026 construction with a drive‑thru
  • 3,166 square feet

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store HVAC Service Auto Repair Shop

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

2,149
Businesses Nearby

Demographics for 89119, NV

48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
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
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Frequently Asked Questions

What type of property is this?
NNN property - New 2026 construction on a 20-year absolute triple-net ground lease with zero landlord responsibilities and a drive-thru
Where is this nnn property located?
The property is located at 4650 S Maryland Pkwy Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,722,200.
What are key features of this property?
This property features: Brand‑new 20‑year absolute triple‑net (NNN) ground lease with zero landlord responsibilities; New 2026 construction with a drive‑thru; 3,166 square feet
(602) 770-2935 Call to check price and availability
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