Skip to main content

Shopping Strip

2-Tenant Retail Pad

2810 S Maryland Pkwy, Las Vegas, NV 89109

Listing Price: $1,400,000

Cap Rate
8.32%
Rentable SF
6,976
Lot Size
0.46 acres
Year Built
1982

Investment Overview

This offering presents a rare opportunity to acquire a strategically located multi-tenant retail pad in the heart of Central Las Vegas, featuring a turnkey, fully built-out restaurant space ideal for an owner-user, complemented by passive in-place income from Full Circle Group, an established recording studio tenant. Positioned along the high-traffic Maryland Parkway corridor with exposure to over 38,700 vehicles per day, the 6,976 SF property sits on a 0.46-acre infill parcel within a mature, supply-constrained submarket. The site benefits from exceptional daytime density exceeding 335,000 people within three miles, immediate walkable residential demand from the 183-unit Casta Tiempo Apartments directly in front of the property, and proximity to Sunrise Hospital. Located directly across from the historic Las Vegas Country Club—serving approximately 970 households and nearly 1,880 residents—the asset draws from a stable and established neighborhood base. Surrounded by national retailers including McDonald’s, Smith’s, Taco Bell, Chase Bank, and 7-Eleven, this property offers a unique combination of intrinsic real estate value, strong corridor fundamentals, and the ability for an owner-user to significantly offset occupancy costs with passive rental income.

Investment Highlights

  • Population Boom & Demographic Expansion: Las Vegas population growth continues fueling retail, industrial, multifamily, and service demand across expanding corridors.
  • Robust Employment & Job Creation: Las Vegas continues adding jobs in healthcare, logistics, construction, and professional services, boosting spending and growth.
  • Strong Tourism & Destination Economy: Las Vegas attracts over 42 million visitors annually, supporting retail, dining, entertainment, and experiential demand.
  • Retail Demand Supported by Household Growth: Residential expansion continues driving demand for retail, QSR, automotive, and service tenants.
  • Logistics & Industrial Expansion: Las Vegas' location near major western markets continues fueling logistics, industrial leasing, and distribution growth.
  • Business-Friendly Tax Environment: Nevada's no state income tax continues attracting businesses, investors, and long-term commercial development.
  • Capital Investment & Infrastructure Development: Infrastructure upgrades and redevelopment projects continue improving access and commercial growth.

Exclusively Listed By

  • Dustin R. Alvino

    Senior Managing Director Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Shopping Strip

2-Tenant Retail Pad

Listing Price: $1,400,000

Cap Rate
8.32%
Rentable SF
6,976
Lot Size
0.46 acres
Year Built
1982

Investment Highlights

  • Population Boom & Demographic Expansion: Las Vegas population growth continues fueling retail, industrial, multifamily, and service demand across expanding corridors.
  • Robust Employment & Job Creation: Las Vegas continues adding jobs in healthcare, logistics, construction, and professional services, boosting spending and growth.
  • Strong Tourism & Destination Economy: Las Vegas attracts over 42 million visitors annually, supporting retail, dining, entertainment, and experiential demand.
  • Retail Demand Supported by Household Growth: Residential expansion continues driving demand for retail, QSR, automotive, and service tenants.
  • Logistics & Industrial Expansion: Las Vegas' location near major western markets continues fueling logistics, industrial leasing, and distribution growth.
  • Business-Friendly Tax Environment: Nevada's no state income tax continues attracting businesses, investors, and long-term commercial development.
  • Capital Investment & Infrastructure Development: Infrastructure upgrades and redevelopment projects continue improving access and commercial growth.

Investment Overview

This offering presents a rare opportunity to acquire a strategically located multi-tenant retail pad in the heart of Central Las Vegas, featuring a turnkey, fully built-out restaurant space ideal for an owner-user, complemented by passive in-place income from Full Circle Group, an established recording studio tenant. Positioned along the high-traffic Maryland Parkway corridor with exposure to over 38,700 vehicles per day, the 6,976 SF property sits on a 0.46-acre infill parcel within a mature, supply-constrained submarket. The site benefits from exceptional daytime density exceeding 335,000 people within three miles, immediate walkable residential demand from the 183-unit Casta Tiempo Apartments directly in front of the property, and proximity to Sunrise Hospital. Located directly across from the historic Las Vegas Country Club—serving approximately 970 households and nearly 1,880 residents—the asset draws from a stable and established neighborhood base. Surrounded by national retailers including McDonald’s, Smith’s, Taco Bell, Chase Bank, and 7-Eleven, this property offers a unique combination of intrinsic real estate value, strong corridor fundamentals, and the ability for an owner-user to significantly offset occupancy costs with passive rental income.

Exclusively Listed By

  • Dustin R. Alvino

    Senior Managing Director Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

MM Texture Background
MM Textured Background Lower