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Las Vegas NV - Bojangles, Tropical Smoothie & Teriyaki Madness (Harmon Square)

$11,185,800

4503 Paradise Rd, Las Vegas, NV 89169

Active
Last Updated: 02/04/2025

6.25

Cap Rate

700,290

NOI

Details:
Cap Rate:    6.25%
NOI:    $700,290
Building Size:    4,935 sqft
Occupancy:    100%
Year Built:    1987
Year Last Renovated:    2015
Description:

• 100% Occupied/Stabilized – 7.3 WALT & strong historical occupancy – brand new lease for Anchor tenant
• NNN Leases - leases are NNN with expense pass-through, providing ease of management and minimal expense slippage

• Generational Asset – the property is located 1.2 miles from the World-Famous Las Vegas Strip
• Iconic Location - ideally positioned at the hard corner of Paradise & E Harmon (64,500 VPD)
• Dense Resort Corridor - 2,500+ hotel rooms located within .3 miles of the subject property
• Strong Population Area – 124,133 population within a 3-mile radius of the property, and 392,211 in a 5-mile radius

Map:
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