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    4080 Paradise Rd Las Vegas, NV 89119

    Sponsored
    For Lease
    $42 SF/Yr

    New Retail Center in Las Vegas Resort Corridor

    Lot size:
    16,813 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,813 square foot retail center, built in 2024, offers prime commercial space in Las Vegas's thriving Resort Corridor. Located at the high-traffic intersection of Paradise and Flamingo Roads, this single-story building boasts a convenient 1,260 square foot minimum divisible space, with a maximum contiguous space of 5,254 square feet. The property sits on a 1.82-acre lot and is zoned H-1, making it ideal for restaurant, retail, and medical tenants. Current occupants include Dotty's, Marvelous Nails, XO Liquor, and Jass Smoke Shop. Benefit from a strong daytime population of approximately 394,495 people and an estimated 498,446 employees within a 5-mile radius. The center enjoys a strategic location near major attractions including the Las Vegas Convention Center, the Las Vegas Strip, the University of Nevada, Las Vegas, and Harry Reid International Airport, all within two miles. Furthermore, it's adjacent to the 68-acre Hughes Center, a mixed-use complex featuring over 1.5 million square feet of Class A office space. Delivery is expected in Q4 2024. This is a unique opportunity to establish a presence in one of Las Vegas's most dynamic and high-demand locations. The APN is 12615401018.

    Property Features for 4080 Paradise Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,813 SF
    Total Rate
    58845.5

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 125
    Size
    1,260 SF
    Rate per SF
    $51
    Space
    Suite 130
    Size
    1,260 SF
    Rate per SF
    $51
    Space
    Suite 120
    Size
    1,367 SF
    Rate per SF
    $51
    Space
    Suite 115
    Size
    1,367 SF
    Rate per SF
    $51

    HighLights

    • New 16,813 SF retail center in Las Vegas' Resort Corridor, delivered Q4 2024.
    • High‑traffic corner of E. Flamingo Rd. and Paradise Rd.
    • Strong daytime population (394,495 within 5 miles) and ample workforce (498,446 within 5 miles).
    • Prime location near the Las Vegas Strip, Convention Center, UNLV, and Harry Reid International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Berliner Microphones Record Store Art and Jewelry Estate ... Estate Liquidator Bonnie Claire Gold ... Tourist Attraction Multi Network Consultants Advertising Agency Deangleo L. Ramsey, ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.15412436308
    Latitude
    36.114928360745

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    FAQs

    What type of property is this?
    Restaurant - New Retail Center in Las Vegas Resort Corridor
    Where is this restaurant located?
    The property is located at 4080 Paradise Rd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $51 SF/Yr.
    What are key features of this property?
    This property features: New 16,813 SF retail center in Las Vegas' Resort Corridor, delivered Q4 2024.; High-traffic corner of E. Flamingo Rd. and Paradise Rd.; Strong daytime population (394,495 within 5 miles) and ample workforce (498,446 within 5 miles).
    Request Owner's contact information
    4080 Paradise Rd Las Vegas, NV 89119
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    Las Vegas, NV 89119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4080 Paradise Rd Las Vegas, NV 89119
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