Description
Harmon Square is a fully leased multitenant retail center at Paradise Road and Harmon Avenue, approximately 1.2 miles east of the Las Vegas Strip. Its tenants include 7-Eleven, White Castle, Dunkin', Sbarro, Bojangles and Subway. Percentage rent and four billboard structures provide additional income identified in the offering.
The property faces Hofbrauhaus Las Vegas and Virgin Hotels Las Vegas. A Vegas Loop stop at Virgin connects the immediate trade area with the developing resort transportation network. Buyers can assess the tenant sales, billboard agreements and transit connections alongside the current rent roll and operating expenses. The location serves both surrounding businesses and the resort corridor's visitor market.
Offering Summary
- Asking Price$44,900,000
- Property TypeRetail
- Occupancy100%
- Built1987
- Total Acres~3.29 ac
Sale Details
- Cap Rate6.17%
- NOI$2,770,861
Documents
Property Address
4503 Paradise Road
Las Vegas , NV 89169
Property Details
- Property Type
Retail - Occupancy
100% - Year Built
1987 - Year Renovated
2015 - Lease Type
NNN - Zoning
Commercial General (CG) - APN
162-22-312-002, 162-22-312-003 - Gross Leasable Area
31,037 SF - Acres
3.29
Deal Team


Deana Marcello
Executive Vice President
Colliers NV RE Lic. 174174


