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Plaza 2810 2810 S Maryland Pky 6,152 SF 40% Leased Retail Building Las Vegas, NV 89109 $1,921,472 CAD ($312.33 CAD/SF) 8.32% Cap Rate
Investment Highlights
- 6,976 SF Multi-Tenant Retail Building
- Passive Income from Existing Recording Studio Tenant
- Strong Visibility & Pylon Signage | ~38,763 VPD
- Fully Built-Out Restaurant Space
- NNN Lease Structure
- Centrally Located Near the Las Vegas Strip & Sunrise Hospital
Executive Summary
Rare opportunity to acquire a 6,976 SF multi-tenant retail pad located along the heavily trafficked Maryland Parkway corridor in the heart of Central Las Vegas. The property consists of a fully built-out restaurant space ideal for an owner-user or investor seeking upside, along with an established recording studio tenant providing passive in-place income. The asset sits on 0.46 acres of C-2 zoned land with excellent visibility, pylon signage, and exposure to approximately 38,763 vehicles per day.
The property is strategically positioned directly across from the historic Las Vegas Country Club and immediately adjacent to dense residential and commercial development, including Casa Tiempo Apartments, Sunrise Hospital, Boulevard Mall, and numerous national retailers such as McDonald’s, Taco Bell, Smith’s, Chase Bank, 7-Eleven, Jack in the Box, and Carl’s Jr.
The restaurant suite offers a rare turnkey opportunity in a supply constrained infill trade area with exceptional daytime population and strong surrounding demographics. The existing tenant, The Full Circle Group, occupies a purpose-built recording studio with a specialized buildout and long-term lease structure, creating stable supplemental income for an owner-user or investor.
The property is strategically positioned directly across from the historic Las Vegas Country Club and immediately adjacent to dense residential and commercial development, including Casa Tiempo Apartments, Sunrise Hospital, Boulevard Mall, and numerous national retailers such as McDonald’s, Taco Bell, Smith’s, Chase Bank, 7-Eleven, Jack in the Box, and Carl’s Jr.
The restaurant suite offers a rare turnkey opportunity in a supply constrained infill trade area with exceptional daytime population and strong surrounding demographics. The existing tenant, The Full Circle Group, occupies a purpose-built recording studio with a specialized buildout and long-term lease structure, creating stable supplemental income for an owner-user or investor.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,152 SF
Building Class
B
Year Built
1982
Price
$1,921,472 CAD
Price Per SF
$312.33 CAD
Cap Rate
8.32%
NOI
$159,866 CAD
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C1, Clark County
Parking
15 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
112’ on Maryland Pky
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- The Full Circle Group
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| The Full Circle Group | Information | - | - | - |
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-11-201-004 | Improvements Assessment | $165,662 CAD |
| Land Assessment | $134,489 CAD | Total Assessment | $300,151 CAD |
Property Taxes
Parcel Number
162-11-201-004
Land Assessment
$134,489 CAD
Improvements Assessment
$165,662 CAD
Total Assessment
$300,151 CAD
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Plaza 2810 | 2810 S Maryland Pky
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