3987 Paradise Rd, Las Vegas, NV 89169
- Turn key restaurants
- 12,635 SF
- 2.57 lot acres
Current Use by Public Records
- Twisted Tenders / Restaurant
Property Details for 3987 Paradise Rd
- Year built
- 1998
- Construction
- FRAME
- Lot size
- 2.57 lot acres
- Property type
- Turn key restaurants
- APN
- 162-16-811-018
- APU
- 16216811018
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 17, 2025 | $10,066,241 | Object Dash LLC | Logic Las Vegas LLC | Bargain & Sale Deed | — |
| Aug 20, 2018 | — | Bre Of Hc Las Vegas Prop Hldgs Ll | — | Deed · related | — |
| Oct 3, 2017 | — | Bre Of Hc Las Vegas Prop Holdings | Crescent Hughes Center Holding | Grant Deed · related | — |
| Sep 20, 2013 | — | Crescent Hughes Center Hldgs | Ms Crescent 3987 Hughes Spv | Quit Claim Deed · related | $239.1M · Morgan Stanley Bank |
| Aug 10, 2007 | — | Ms Crescent 3987 Hughes Spv LLC | 3987 Paradise Rd LLC | Bargain And Sale Deed | $228.9M · Barclays Capital Real Estate INC |
| Dec 30, 2003 | — | 3987 Paradise Rd LLC | Howard Hughes Properties | Grant Deed · related | — |
| Dec 20, 1999 | — | Gb Acquistion INC | — | Grant Deed · related | $35.5M · Bank Of America |
| Dec 18, 1997 | $4,234,000 | Howard Hughes Corp | Howard Hughes Properties | Grant Deed · related | — |
| — | — | Gb Acquisition INC | — | Deed Of Trust · related | $200k · Wells Fargo Bank |
| — | — | Bre Of Hc Las Vegas Prop Hldgs Ll | — | Deed Of Trust · related | — |
Description
This exceptional Class A retail property, totaling 12,115 square feet, is situated at 3987 Paradise Rd, Las Vegas, NV 89119, at the intersection of Flamingo Rd. and Paradise Rd. Built in 1995, this single-story, two-building power center offers a unique opportunity for a national chain or multiple tenants. The property is zoned Limited Resort and Apartment (H-1) within Clark County's Resort Corridor submarket. The entire 12,115 square feet is currently occupied, presenting a stable investment opportunity. This location benefits from its proximity to the Las Vegas Strip, numerous hotels, entertainment venues, shopping centers, and dining establishments. High traffic volume is ensured by its location near convention centers, UNLV, and McCarran International Airport. The property is part of the Hughes Center, a premier 68-acre mixed-use development in Las Vegas' central business district. The APN is 16216811015. This is a rare chance to acquire a well-established retail space in a high-demand location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,623,000
Market price range: $3.82M - $14.0M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $9,105,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.156
- Latitude
- 36.1169
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
