Listing banner image
  • Asking Price
    $44,900,000Asking Price
  • NOI
    $2,770,861NOI
  • Cap Rate
    6.17%Cap Rate
  • Gross Leasable Area
    31,037 SFGross Leasable Area
  • Acres
    ~3.29 acAcres
  • Occupancy
    100%Occupancy

Description

DOWNLOAD OFFERING MEMORANDUM

Harmon Square is a premier multi-tenant retail center located within the Las Vegas Resort Corridor, ±1.2-miles east of the Las Vegas Strip. This stabilized asset is 100% leased to a nationally recognized tenant mix, including brands like 7-Eleven, White Castle, Dunkin’, Sbarro, Bojangles, Subway, and more. The property generates additional income through percentage rent and from four billboard structures, capitalizing on strong tenant sales and robust vehicular and pedestrian visibility.

Located at the signalized intersection of Paradise Road and Harmon Avenue,...

Documents

Offering Summary

  • Asking Price
    $44,900,000

Sale Details

  • Cap Rate
    6.17%
  • 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

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

Deal Team

Adam Malan profile image
Adam Malan
Vice Chair Vice Chair
NV RE Lic. 0063542
Deana Marcello profile image
Deana Marcello
Executive Vice President Executive Vice President
NV RE Lic. 174174

Description

DOWNLOAD OFFERING MEMORANDUM

Harmon Square is a premier multi-tenant retail center located within the Las Vegas Resort Corridor, ±1.2-miles east of the Las Vegas Strip. This stabilized asset is 100% leased to a nationally recognized tenant mix, including brands like 7-Eleven, White Castle, Dunkin’, Sbarro, Bojangles, Subway, and more. The property generates additional income through percentage rent and from four billboard structures, capitalizing on strong tenant sales and robust vehicular and pedestrian visibility.

Located at the signalized intersection of Paradise Road and Harmon Avenue,...

Documents

Offering Summary

  • Asking Price
    $44,900,000

Sale Details

  • Cap Rate
    6.17%
  • 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

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

Deal Team

Adam Malan profile image
Adam Malan
Vice Chair Vice Chair
NV RE Lic. 0063542
Deana Marcello profile image
Deana Marcello
Executive Vice President Executive Vice President
NV RE Lic. 174174
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