STNL Hofbräuhaus
$16,200,000
4510 Paradise Road, Las Vegas, NV 89169
7.46
Cap Rate
1,208,935
NOI
Details:
Highlights:
- Located Within the Las Vegas Resort and Entertainment Corridor
- A Las Vegas Historical Landmark Asset
- The Boring Company’s Vegas Loop station at Virgin Hotel & Casino directly across the street (Opening November 2026)
- Quality Infrastructure Modeled after the Original Hofbräuhaus in Munich, Germany
- Attracts a diverse and loyal customer base of all ages, including local residents and over 40M+ tourists per year
- Captures foot traffic from the bustling surrounding area, making it an attractive location catering to the city’s divers and dynamic clientele
Description:
Colliers is pleased to present the opportunity to acquire the Single Tenant Net Leased Hofbräuhaus Las Vegas, a unique landmark of Las Vegas’ history. 4510 Paradise Road offers a rare blend of strategic location, high-end architecture and significant nearby points of interest. Adjacent to the Las Vegas resort corridor, the property services over 151,000 nearby hotel rooms and over 40M+ visitors per year.
The property 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 from Harry Reid International Airport, the Las Vegas Convention Center, and other key destinations. As the airport connection comes online, ridership is projected to grow from roughly 1 million to between 5 and 10 million annually— channeling a substantial new stream of visitors past the property’s hard corner. At full build-out, the 68-mile, 104-station network is engineered to move up to 90,000 passengers per hour, positioning Harmon Square at a signalized gateway to one of the busiest transit nodes in the resort corridor.
The site is situated within one of Las Vegas’s most vibrant corridors at Paradise Rd. and Harmon Ave. (±81,000 VPD) and is minutes away from the Las Vegas Strip, Harry Reid International Airport, F1 Las Vegas Grand Prix Paddocks, Las Vegas Convention Center, and the University of Nevada Las Vegas. The property benefits from high visibility and easy access, making it a draw for both locals and tourists.
Documents:
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Offering Memorandum
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Location
Gallery