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Paradise Esplanade 4490 Paradise Rd 1,500 - 8,975 SF of Retail Space Available in Las Vegas, NV 89119
HIGHLIGHTS
- In close proximity to the Track, Pit, & Paddock Area for the FORMULA 1 Heineken Silver Las Vegas Grand Prix, which will take place Nov. 16t - 18th.
- Located at the signalized intersections of Paradise Rd./Harmon Ave. & Swenson St./Harmon Ave. w/ combined traffic counts of +/- 90,200 CPD
- Adjacent to the Virgin Hotel Las Vegas, opened March 2021. Pylon signage available; future full digital pylon as well.
- Main pathway of travel to/from Harry Reid w/close proximity to the Strip, UNLV, Las Vegas Convention Center, T-Mobile Arena & Allegiant Stadium
- $3.50 - $5.00 PSF NNN; +/- 1,500 SF Space Available & +/- 4,950 SF Space Available (Potential Drive-Thru Space)
- Anchored by CVS, Ferraro's Italian Restaurant & Wine Bar as well as other world-class operators.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 350 | 1,500 SF | Negotiable | $60.00 /SF/YR $5.00 /SF/MO $645.83 /m²/YR $53.82 /m²/MO $7,500 /MO $90,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 750 | 4,950 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $17,325 /MO $207,900 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 800 | 2,525 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
4480 Paradise Rd - 1st Floor - Ste 350
Previous med-spa
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
4480 Paradise Rd - 1st Floor - Ste 750
Previous Revolt Tattoo space. Potential drive-thru opportunity available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Potential drive-thru opportunity available
4480 Paradise Rd - 1st Floor - Ste 800
2nd Generation Restaurant Space
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PARADISE ESPLANADE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Azuza Hookah & Tapas Lounge
- Restaurant
- 1
- Local
- Big Chicken
- Accommodation and Food Services
- -
- -
- Capriotti's
- Restaurant
- 253
- National
- CVS
- Retailer
- -
- -
- Ferraro's
- Restaurant
- 1
- Local
- Undefeated
- Shoes
- 12
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Azuza Hookah & Tapas Lounge | Restaurant | 1 | Local |
| Big Chicken | Accommodation and Food Services | - | - |
| Capriotti's | Restaurant | 253 | National |
| CVS | Retailer | - | - |
| Ferraro's | Restaurant | 1 | Local |
| Undefeated | Shoes | 12 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
Paradise Esplanade is prominently situated at the lighted, northeast corner of Paradise Rd. and E. Harmon Ave between the brand-new Virgin Hotel and Casino and UNLV's main campus. The center is anchored by CVS, Famous Dave's, Ferraro's Italian Restaurant & Wine Bar, as well as other world-class operators. Pylon signage is available, and a future full digital pylon is planned as well. Rare opportunity to lease in a historically low vacancy property that is on the main pathway of travel to and from McCarran International Airport with close proximity to the Las Vegas "Strip", UNLV Campus, Las Vegas Convention Center, T-Mobile Arena and Allegiant Stadium. Creative drive-thru opportunity may be available. With excellent frontage from Paradise Rd., Harmon Ave., and Swenson St., Paradise Esplanade has multiple points of ingress and egress and services a densely populated trade area consisting of tourists, convention attendees, employees, residents and students and faculty and approximately 95,000 cars per day. The property is nestled in the hear of Las Vegas and the epicenter of the best dining, entertainment and gaming in the world.
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| E Harmon Ave | Swenson St, E | 27,928 | 2022 | 0.10 mi |
| Paradise Road | S Paradise Rd, N | 40,000 | 2019 | 0.22 mi |
| Paradise Rd | S Paradise Rd, N | 38,075 | 2022 | 0.26 mi |
| University Center Drive | E Flamingo Rd, NE | 23,300 | 2019 | 0.31 mi |
| Swenson St | E Flamingo Rd, NE | 19,492 | 2022 | 0.32 mi |
| East Flamingo Road | S Palos Verdes St, W | 49,500 | 2019 | 0.39 mi |
| E Flamingo Rd | S Palos Verdes St, W | 46,500 | 2022 | 0.40 mi |
| Paradise Road | Paradise Rd, N | 34,500 | 2019 | 0.50 mi |
| Swenson St | Thomas and Mack, SE | 22,706 | 2015 | 0.51 mi |
| Swenson St | Thomas and Mack Dr, SE | 29,967 | 2018 | 0.51 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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Suite 750
Nearby Points of Interest
Suite 350
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Suites 300-350
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Aerial