Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3900 Paradise Rd Las Vegas, NV 89169

    Sponsored
    For Lease
    $51 SF/Yr

    Resort Corridor Retail Spaces Available

    Lot size:
    32,267 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, "The Collective," boasts 32,267 square feet across two buildings situated in the heart of Las Vegas' Resort Corridor. The property, built in 1986 and extensively renovated in 2022, features 19 suites, with 2,658 square feet currently vacant. Two available spaces range from 1,308 to 1,350 square feet, ideal for restaurants or other businesses. The property includes 65 parking spaces and sits on a 2.01-acre lot (APN 162-15-302-012), zoned H-1. Its prime location benefits from proximity to a new, approximately 400-unit multifamily development and the existing 368-unit Elysian at Hughes Center luxury apartment complex, ensuring high foot traffic and visibility. The property offers existing restaurant build-outs, making it an attractive opportunity for food and beverage establishments. Virtual tours are available for select suites. This Class B property presents a unique investment opportunity in a thriving Las Vegas location. The property features a variety of potential uses including restaurants, banks, salons, and offices, and includes outdoor patio and balcony space. The building has a floor area ratio of .37 and is comprised of two, two-story buildings. The cross street is Corporate Dr.

    Property Features for 3900 Paradise Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,267 SF
    Class
    B
    Total Rate
    137134.75

    Building Details

    Year Built/Renovated
    1986/2022
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    P
    Size
    1,308 SF
    Rate per SF
    $54
    Space
    C-1
    Size
    1,350 SF
    Rate per SF
    $54

    HighLights

    • Prime Las Vegas Strip location within the Resort Corridor.
    • Restaurant spaces available, ranging from 1,308 to 1,350 square feet, including existing build‑outs.
    • Anchored by a new, approximately 400‑unit multifamily development.
    • Adjacent to a 368‑unit luxury apartment complex.
    • Virtual tours available for Suites C and P.
    Property Profile Location Intelligence

    Current Use by Public Records

    CNY In The Desert Non-Profit Organization Jersey Mike's Subs Fast Food Restaurant Dr. Larry E. ... Family Practice Physician Las Vegas Media Internet Marketing Service Citi Bank

    Suggested Use

    Realty agency Restaurant Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1537757
    Latitude
    36.1185618

    Nearby Similar for Lease

    • $3 SF/Yr
      2,180 SF

      High-Visibility Corner Retail Space

      Prime location for convenience store or fuel-retail business.
      2300 Western Ave, Las Vegas, NV 89102
      View Details
    • $1.20 SF/Yr
      27,603 SF

      Vibrant Retail Destination Near Strip

      Retail destination near the Strip with high visibility and traffic.
      4265 S Arville St, Las Vegas, NV 89103
      View Details
    • $1.40 SF/Yr
      13,293 SF

      Refrigerated Warehouse Space Available

      13,293 SF warehouse with office, freezers, and loading docks.
      6420 Cameron St, Las Vegas, NV 89118
      View Details
    • $1.75 SF/Yr
      2,626 SF

      Freestanding Strip Center on Boulder

      Leased strip center with laundromat and bar in Las Vegas.
      Las Vegas, NV 89121
      View Details
    • $19 SF/Yr
      16,920 SF

      Renovated Mixed-Use Project

      Newly renovated mixed-use project on 8.98 acres.
      6126-6150 W Lake Mead Blvd, Las Vegas, NV 89108
      View Details
    • $450 /Mo
      8,482 SF

      Modern Office Space in Las Vegas

      Premier office space with modern facilities in a prime location.
      5836 S Pecos Rd, Las Vegas, NV 89120
      View Details
    • $2 SF/Yr
      26,342 SF

      Equipped Restaurant Space in Plaza

      Fully equipped restaurant space in a bustling Southwest location.
      8090 S Durango Dr, Las Vegas, NV 89113
      View Details
    • $0.99 SF/Yr
      4,794 SF

      Downtown Las Vegas Office Buildings

      Two single-story office buildings in Downtown Las Vegas for lease.
      526 S 7Th St, Las Vegas, NV 89101
      View Details
    • $500 /Mo
      29,612 SF

      Modern Office Space in Las Vegas

      Premier commercial space with modern design and convenient location.
      2400-2402 N Tenaya Way, Las Vegas, NV 89128
      View Details
    • $2 SF/Yr
      15,897 SF

      Downtown Las Vegas Modern Office

      Modern office space in downtown Las Vegas with state-of-the-art amenities.
      700 S 3Rd St, Las Vegas, NV 89101
      View Details
    • $1.00 SF/Yr
      20,000 SF

      Renovated Office Building with Parking

      Two-story office building with ample parking and high visibility.
      3120 E Desert Inn Rd, Las Vegas, NV 89121
      View Details
    • $19 SF/Yr
      120,152 SF

      Renovated Mixed-Use Business Park

      Newly renovated office/retail park in central Las Vegas.
      6140-6150 W Lake Mead Blvd, Las Vegas, NV 89108
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Resort Corridor Retail Spaces Available
    Where is this individual retail property located?
    The property is located at 3900 Paradise Rd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $54 SF/Yr.
    What are key features of this property?
    This property features: Prime Las Vegas Strip location within the Resort Corridor.; Restaurant spaces available, ranging from 1,308 to 1,350 square feet, including existing build-outs.; Anchored by a new, approximately 400-unit multifamily development.
    Request Owner's contact information
    3900 Paradise Rd Las Vegas, NV 89169
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3900 Paradise Rd
    Las Vegas, NV 89169
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3900 Paradise Rd Las Vegas, NV 89169
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.