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Property profile & analytics
FOR LEASE
Drug stores
2735 S Maryland Pkwy Las Vegas, NV 89109
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0197187
For Lease
1 / 2
$2,920,000
2735 S Maryland Pkwy, Las Vegas, NV 89109
View Listing →
Property summary
AI-generated overview
This exceptional retail sublease opportunity presents 11,992 square feet of space at 2735 S Maryland Pkwy, Las Vegas, NV 89109. Located in the Sunrise City Plaza, this single-tenant space boasts high visibility from S Maryland Pkwy and benefits from strong co-tenancy with established businesses including Office Depot, Player 1 Video Game Bar, Escapology, and Goldilocks Bakeshop and Restaurant. The property, built in 2003, is a Class B building situated on a 1.45-acre lot (APN 162-10-601-012) and features 60 parking spaces. The zoning is C2. The entire 11,992 square foot space is currently vacant and available for sublease until January 31, 2026. Its convenient location offers close proximity to Sunrise Hospital and is just one mile from the Las Vegas Strip, ensuring high foot traffic and excellent exposure. This one-story building presents a unique chance to establish a thriving retail presence in a bustling area of Las Vegas. The property's ample parking and strategic location make it an ideal choice for a variety of retail businesses. Serious inquiries only.
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,855 SF
Lot
1.45 ac (63,162 SF)
APN
162-10-601-012
UPID
US62-0197187
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CDReload - Online Bitcoin ATM Atm Currency Exchange Service
-
CVS Photo (Bike/Boat/Book/etc) Store
-
Nicole Sy Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.92M
Owner & transaction history
Qfp 19 LLC · 1 yrs held
Qfp 19 LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,430,000
Current use
OFFICE BUILDING
$3,590,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$246 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,422
Tax year 2023
Assessed value
$1,048,595
Assessed 2024
Previous assessed
$934,794
+12.2% YoY
Effective rate
1.66%
On assessed value
Assessed land
$315,021
Assessed improvement
$733,574
Land market value
$900,060
Improvement market value
$2,095,926
Total market value
$2,995,986
Applied tax rate
410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Lease
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
11,855 SF
Lot
1.45 ac (63,162 SF)
APN
162-10-601-012
UPID
US62-0197187
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.4M
OFFICE BUILDING
Est. value
$3.6M
RETAIL STORES Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Qfp 19 LLC
Entity
Mailing address
PO BOX 1610, COCKEYSVILLE, MD 21030-7610
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
—
Qfp 19 LLC
Scp 2003d Gl 29 LLC
Deed
$22,732,808 · Prosperity Bank
Jan 30, 2019
—
Scp 2003d-gl-29 LLC
—
Deed
related
$38,000,000 · Quadrant Debt Fund LP
May 24, 2016
—
Scp 2003d-gl-29 LLC
—
Deed
related
$2,089,099 · Wells Fargo Bank (ce)
Oct 28, 2010
—
Karen Mm LLC
—
Deed Of Trust
related
$1,850,000 · Symetra Life Insurance Co
—
—
Scp 2003d-gl-29 LLC
—
Deed Of Trust
related
$38,000,000 · Quadrant Debt Fund LP
—
—
Scp 2003d-gl-29 LLC
—
Deed Of Trust
related
$2,447,892 · Wells Fargo Bk Northwest (te)
—
—
Scp 2003d-gl-29 LLC
—
Loan Modification
related
$2,089,099 · Wells Fargo Bank (ce)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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