Las Vegas NV - Bojangles, Tropical Smoothie & Teriyaki Madness (Harmon Square)
$11,360,000
4503 Paradise Rd, Las Vegas, NV 89169
For Sale
              
              
              
                
                  Retail
                
              
              
              
            
                  
                  Active
                
              
              
                
                  Last Updated: 06/21/2025
                
              
            6.16
Cap Rate
700,290
NOI
Details:
                    
                      Cap Rate:    6.16%
                    
                  
                  
                
                    
                      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
          
Location
Gallery