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Harmon Square

$44,900,000

4503 Paradise Road, Las Vegas, NV 89119

Active
Last Updated: 05/01/2026

6.17

Cap Rate

2,770,861

NOI

Details:
Cap Rate:    6.17%
NOI:    $2,770,861
Building Size:    31,037 sqft
Lot Area:    3.29 acres
Occupancy:    100%
Class:    A
Lease Type:    Triple Net
Year Built:    1987
Zoning:    Commercial General (CG)
Tenancy:    Multiple
Year Last Renovated:    2015
Highlights:
  • Significant Daily Exposure + Nearby Demand Drivers
  • Located Within The Heart of the Las Vegas Resort Corridor
  • Strong National Tenant Mix
  • Vegas Loop Connectivity
  • Dense Demographics + Daytime Population
  • Stabilized Asset + Ease of Management
Description:

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, at the center of Las Vegas’ World Famous Resort Corridor, Harmon Square sits directly across the street from the renowned Hofbräuhaus Las Vegas and Virgin Las Vegas Hotel & Casino.

Harmon Square directly benefits from The Boring Company’s Vegas Loop, with a dedicated stop at the exterior of the Virgin Hotel & Casino, delivering a consistent flow of tourists and travelers directly to the immediate trade area from Harry Reid International Airport, The Las Vegas Convention Center, and other key resort corridor destinations.

Map:
Documents:
Title
Download Offering Memorandum
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Location
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