Department Store
Destination XL (NASDAQ:DXLG) | West Coast Flagship Generational Trophy Property Near Las Vegas Strip
4211 Paradise Rd, Las Vegas, NV 89119
Listing Price: $9,900,000
Investment Overview
The subject property sits along Paradise Road near the four-way signalized intersection of East Flamingo Road, one of the primary north-south thoroughfares connecting Harry Reid International Airport to the Las Vegas Convention Center and the resort corridor. Excellent frontage, a large monument sign and a standalone building give the location signage and visibility that few infill retail sites in this market can match. The site sits just north of Virgin Hotels Las Vegas, Curio Collection by Hilton, a 1,504-room resort casino on the former Hard Rock site, and a short walk from the Hughes Center, a 1.5 million square foot office park anchoring the market's premier off-Strip business address. The University of Nevada, Las Vegas is less than one mile east; UNLV posted its third consecutive enrollment record in fall 2025 with more than 33,700 students on a 332-acre campus. Harry Reid International Airport lies a short drive south and served nearly 55 million passengers in 2025, its third-busiest year on record.
Las Vegas is the most populous city in Nevada and the seat of Clark County. The destination welcomed more than 38 million visitors in 2025, including nearly 6 million convention attendees, and supports an inventory of more than 150,000 hotel rooms. Development activity in the corridor remains substantial: the Athletics' $2 billion, 33,000-seat domed ballpark is under construction on the former Tropicana site for a 2028 opening, and Hard Rock International's approximately $4 billion transformation of the former Mirage is targeting a fourth-quarter 2027 debut. Recent additions include Resorts World Las Vegas, Sphere, Fontainebleau Las Vegas and the expanded Las Vegas Convention Center. The site offers strong intrinsic value as a potential component of a future land assemblage within a supply-constrained infill corridor.
Destination XL (NASDAQ:DXLG) | West Coast Flagship Generational Trophy Property Near Las Vegas Strip
Investment Highlights
- Recently Extended Corporate Lease through December 2033 - Tenant Committed to a Seven-Year Extension in February 2026, Carrying the Lease through December 31, 2033 with one Five-Year Renewal Option.
- Publicly Traded Corporate Tenant - Casual Male Retail Store, LLC, a Subsidiary of Destination XL Group (NASDAQ: DXLG), Operates 290+ Stores Nationwide and Reported $435M in Fiscal 2025 Sales.
- Positioned one Mile from the World-Famous Las Vegas Strip - Las Vegas Welcomed More than 38 Million Visitors in 2025, including Nearly 6 Million Convention Attendees, and Supports 150k+ Hotel Rooms.
- Substantial Daytime Population Surrounding the Site - UNLV Sits Less than one Mile East with More than 33,700 Students, and the 1.5 Million Square Foot Hughes Center Office Park Anchors the Immediate Corridor.
- Minutes from Harry Reid International Airport - LAS Served Nearly 55 Million Passengers in 2025, its Third-Busiest Year on Record, Following Consecutive All-Time Records in 2023 and 2024.
- Superb Signage and Visibility along Paradise Road - Standalone Building Features Excellent Frontage, a Large Monument Sign, and Four-Way Signalized Access on one of the Resort Corridor's Primary North-South Thoroughfares.
- Significant new Development Surrounding the Location - Nearby Projects include the $2 Billion Athletics Ballpark Opening 2028 and the Approximately $4 Billion Hard Rock Las Vegas Opening 2027, Following Resorts World and Sphere.
- Strong Intrinsic Value - the Property has the Potential of Being Part of a Future Land Assemblage for a New Resort/Hotel.
Exclusively Listed By
Broker of Record
-
Cameron Glinton
Managing Director, Market Leader- Nevada
Department Store
Destination XL (NASDAQ:DXLG) | West Coast Flagship Generational Trophy Property Near Las Vegas Strip
Listing Price: $9,900,000
Investment Highlights
- Recently Extended Corporate Lease through December 2033 - Tenant Committed to a Seven-Year Extension in February 2026, Carrying the Lease through December 31, 2033 with one Five-Year Renewal Option.
- Publicly Traded Corporate Tenant - Casual Male Retail Store, LLC, a Subsidiary of Destination XL Group (NASDAQ: DXLG), Operates 290+ Stores Nationwide and Reported $435M in Fiscal 2025 Sales.
- Positioned one Mile from the World-Famous Las Vegas Strip - Las Vegas Welcomed More than 38 Million Visitors in 2025, including Nearly 6 Million Convention Attendees, and Supports 150k+ Hotel Rooms.
- Substantial Daytime Population Surrounding the Site - UNLV Sits Less than one Mile East with More than 33,700 Students, and the 1.5 Million Square Foot Hughes Center Office Park Anchors the Immediate Corridor.
- Minutes from Harry Reid International Airport - LAS Served Nearly 55 Million Passengers in 2025, its Third-Busiest Year on Record, Following Consecutive All-Time Records in 2023 and 2024.
- Superb Signage and Visibility along Paradise Road - Standalone Building Features Excellent Frontage, a Large Monument Sign, and Four-Way Signalized Access on one of the Resort Corridor's Primary North-South Thoroughfares.
- Significant new Development Surrounding the Location - Nearby Projects include the $2 Billion Athletics Ballpark Opening 2028 and the Approximately $4 Billion Hard Rock Las Vegas Opening 2027, Following Resorts World and Sphere.
- Strong Intrinsic Value - the Property has the Potential of Being Part of a Future Land Assemblage for a New Resort/Hotel.
Investment Overview
The subject property sits along Paradise Road near the four-way signalized intersection of East Flamingo Road, one of the primary north-south thoroughfares connecting Harry Reid International Airport to the Las Vegas Convention Center and the resort corridor. Excellent frontage, a large monument sign and a standalone building give the location signage and visibility that few infill retail sites in this market can match. The site sits just north of Virgin Hotels Las Vegas, Curio Collection by Hilton, a 1,504-room resort casino on the former Hard Rock site, and a short walk from the Hughes Center, a 1.5 million square foot office park anchoring the market's premier off-Strip business address. The University of Nevada, Las Vegas is less than one mile east; UNLV posted its third consecutive enrollment record in fall 2025 with more than 33,700 students on a 332-acre campus. Harry Reid International Airport lies a short drive south and served nearly 55 million passengers in 2025, its third-busiest year on record. Las Vegas is the most populous city in Nevada and the seat of Clark County. The destination welcomed more than 38 million visitors in 2025, including nearly 6 million convention attendees, and supports an inventory of more than 150,000 hotel rooms. Development activity in the corridor remains substantial: the Athletics' $2 billion, 33,000-seat domed ballpark is under construction on the former Tropicana site for a 2028 opening, and Hard Rock International's approximately $4 billion transformation of the former Mirage is targeting a fourth-quarter 2027 debut. Recent additions include Resorts World Las Vegas, Sphere, Fontainebleau Las Vegas and the expanded Las Vegas Convention Center. The site offers strong intrinsic value as a potential component of a future land assemblage within a supply-constrained infill corridor.
Exclusively Listed By
Broker of Record
-
Cameron Glinton
Managing Director, Market Leader- Nevada
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