The Collective - Las Vegas, NV_Property for Sale
The Collective - Las Vegas, NV_Property for Sale
3900 Paradise Road, Las Vegas, NV, 89169, US

The Collective - Las Vegas, NV

Description

JLL has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire The Collective (the “Property”), a 65,562 SF strip center located at 3900 Paradise Rd, Las Vegas, NV 89169. Strategically positioned in the heart of Las Vegas, the Property benefits from 650 feet of frontage along Paradise Road, offering excellent visibility and exposure to over 35,000 vehicles per day. Nestled among the city’s most significant demand drivers, including the Las Vegas Strip, Howard Hughes Center, The Sphere, and the Las Vegas Convention Center, The Collective captures exceptional traffic from both tourists and local residents, positioning it at the center of one of the nation’s most dynamic markets.


The Property features a collection of local food and beverage establishments that are unique to the market, attracting an expansive trade area and solidifying The Collective as the go-to dining location in the area. With 91% occupancy, The Collective provides a 3.73% CAGR through contractual rent escalations and favorable option terms. Its 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. Positioning The Collective for long-term stability and growth in one of the nation’s most dynamic retail markets.

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Attributes

Building area net
65,562 sf
Occupancy
91%
Year built
1986
Year renovated
2022
Land area gross
3.98 acres
WALT
5.7 years

Media

Investment Highlights

  1. Prime Location With Exceptional Visibility And Traffic
  2. Rental Rate Growth Potential
  3. Unique F&B Tenants Create Expanding Trade Area
  4. Strong NOI Growth Through Contractual Rent Escalations and Favorable Option Terms
  5. Highly Rated F&B Tenancy
  6. Comprehensive Renovation Minimizes Future Capital Expenditure
  7. Dense Daytime Population with Strong Consumer Spending
  8. Irreplaceable Real Estate Near Las Vegas Strip And Howard Hughes Center
The Collective - Las Vegas, NV 4_Property for Sale
The Collective - Las Vegas, NV 4_Property for Sale

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The Collective - Las Vegas, NV (0 Properties)

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Last updated Sep 16, 2026