4080 Paradise Rd Las Vegas, NV 89119
For Lease
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.