Paradise Esplanade - Las Vegas, NV_Property for Sale
Paradise Esplanade - Las Vegas, NV_Property for Sale
4480 Paradise Rd, Las Vegas, NV, 89169-6532, US

Paradise Esplanade - Las Vegas, NV

Asset Description

JLL has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Paradise Esplanade (the “Property”), a neighborhood lifestyle center located at 4480 Paradise Rd, Las Vegas, NV 89169. Strategically positioned in the heart of Las Vegas, the Property benefits from its prime location at the intersection of Paradise Road and the Harmon Corridor, offering excellent visibility and exposure to over 98,000 vehicles per day. Nestled between the Virgin Hotel (formerly the Hard Rock Hotel and Casino) and UNLV, Paradise Esplanade captures significant traffic from University Center Drive turning onto Harmon Avenue towards the Strip. The Property is anchored by a high-performing CVS Pharmacy and features a collection of local food and beverage establishments that have demonstrated exceptionally strong sales performance. Currently 89% leased, the Property’s strategic tenant mix caters to both local residents and the millions of tourists who visit Las Vegas annually, creating a synergistic environment that drives consistent foot traffic. The center’s proximity to UNLV, the Las Vegas Strip, and major resorts and casinos further enhances its appeal, positioning Paradise Esplanade for long-term stability and growth in one of the nation’s most dynamic retail markets.

...

Attributes

Building area net
5,456 m²
Occupancy
89%
Year built
2005
Land area net
2.13 ha
Parking spaces
2,894
WALT
6.3 years

Media

Investment Highlights

  • Prime Location with Exceptional Visibility and Traffic
  • Strong Tenant Mix with High-Performing F&B Tenants and Anchor
  • Robust Rental Rates with Growth Potential
  • Irreplaceable Land Near Las Vegas Strip and F1 Circuit
  • Strong Fundamentals with Staggered Lease Expiration
  • Premium Billboard Signage Generating Substantial Additional Income
  • Diverse Revenue Enhancement Opportunities
Paradise Esplanade - Las Vegas, NV 4_Property for Sale
Paradise Esplanade - Las Vegas, NV 4_Property for Sale

Contact brokers

Paradise Esplanade - Las Vegas, NV (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
1 Apr 2025