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Bojangles Ground Lease @ UNLV Campus 4650 S Maryland Pky 3,166 SF Retail Building Las Vegas, NV 89119 $5,131,685 CAD ($1,620.87 CAD/SF) 4.50% Cap Rate
Investment Highlights
- Brand-New 20 Year Absolute Triple-Net (NNN) Ground Lease w/ Zero Landlord Responsibilities
- Within 5 Miles of the Vegas Strip, Harry Reid International Airport, and Downtown Las Vegas
- 416,600+ Residents in a 5-Mile Radius, Daytime Population of ±719,100
- New 2026 High-Quality Construction with a Drive-Thru
- Immediate Proximity to UNLV (University of Nevada, Las Vegas), Total Enrollment Exceeding 33,700 Students as of Fall 2025
- Excellent Frontage and Accessibility Along S Marylnd Pkwy (32,500+ CPD) Providing Easy Access to US I-15 (288,000+ CPD)
Executive Summary
Bojangles is an American regional chain of fast food restaurants that specializes in Cajun-seasoned fried chicken and buttermilk biscuits and primarily serves the Southeastern United States. The company was founded in Charlotte, North Carolina in 1977 by Jack Fulk and Richard Thomas. In 2023, the brand unveiled a refreshed growth strategy and has continued to open new stores across the country.
The Las Vegas-Henderson-Paradise MSA is one the fastest-growing metros in the nation, with a population of more than 2.3 million. Known as The Entertainment Capital of the World, Las Vegas is an internationally renowned major resort city, regarded for its gambling, shopping, fine dining, entertainment, and nightlife. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world.
The Las Vegas-Henderson-Paradise MSA is one the fastest-growing metros in the nation, with a population of more than 2.3 million. Known as The Entertainment Capital of the World, Las Vegas is an internationally renowned major resort city, regarded for its gambling, shopping, fine dining, entertainment, and nightlife. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,166 SF
Building Class
B
Year Built
2025
Price
$5,131,685 CAD
Price Per SF
$1,620.87 CAD
Cap Rate
4.50%
NOI
$230,927 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.46 AC
Zoning
C2 - General Commercial (C-2), CG-Commercial General Planned Landuse
Frontage
157’ on Maryland Pky
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-23-313-003 | Improvements Assessment | $478,458 CAD |
| Land Assessment | $135,359 CAD | Total Assessment | $613,817 CAD |
Property Taxes
Parcel Number
162-23-313-003
Land Assessment
$135,359 CAD
Improvements Assessment
$478,458 CAD
Total Assessment
$613,817 CAD
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Bojangles Ground Lease @ UNLV Campus | 4650 S Maryland Pky
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