2-Tenant Retail Pad | Restaurant & Recording Studio
- $1,400,000
2-Tenant Retail Pad | Restaurant & Recording Studio
- $1,400,000
Property Highlights
- Turnkey Restaurant Owner-User Opportunity with Passive Income In-Place: Rare opportunity to acquire a 6,976 SF multi-tenant retail pad featuring a fully built-out restaurant space ready for immediate occupancy, while collecting passive income from Full Circle Group, an established and successful recording studio tenant. This structure allows an owner-user to offset occupancy costs with in-place income.
- Proximity to Major Employment & Medical Anchors: Strategically located just minutes from Sunrise Hospital and Medical Center—one of Nevada’s largest and most advanced healthcare campuses—the property benefits from a powerful and expanding demand driver. The hospital has undergone significant multi-phase expansions, including a new five-story patient tower, enhanced emergency and trauma facilities, and increased bed capacity to accommodate rising patient volumes. Recently elevated to a Level I Trauma Center, Sunrise continues to attract top-tier physicians, staff, and regional patient inflow. This ongoing institutional investment generates consistent, high-volume daily traffic from employees, patients, and visitors, directly supporting strong, durable demand for surrounding retail and food operators
- Infill Central Las Vegas Location on Maryland Parkway: Strategically located just off the signalized corner of S Maryland Pkwy and E Karen Ave, one of Las Vegas’ primary commercial corridors, with 38,763 vehicles per day. The 0.46-acre parcel sits in a fully built-out, supply-constrained submarket with long-term intrinsic land value.
- Directly Across from Las Vegas Country Club (Est. 1967): Positioned opposite the historic Las Vegas Country Club, a private golf community serving approximately 970 households and nearly 1,880 residents. Featuring an 18-hole championship golf course, tennis facilities, clubhouse amenities, and over 200 employees, the club provides built-in neighborhood traffic and an affluent nearby consumer base.
- Immediate Walkable Residential Demand: Located directly in front of Casta Tiempo Apartments (183 units), creating strong daily foot traffic and repeat customer potential for a restaurant or retail operator. Supported by 10,719 homes within a 1-mile radius.
- Exceptional Daytime Density – 335,428 Within 3 Miles: One of the highest daytime populations in Las Vegas, driven by Sunrise Hospital, surrounding medical offices, commercial users, and dense residential developments—ideal for food, service, and experiential retail concepts.
- Surrounded by National Retail Anchors: Adjacent to a strong lineup of national tenants including KFC, Dollar General Market, Denny’s, Carl’s Jr, 7-Eleven, Las Vegas Athletic Club, Taco Bell, Jack in the Box, McDonald’s, Smith’s, and Chase Bank—solidifying the corridor as a dominant daily-needs retail node.
- Triple Net Lease Structure: Passive income from the Full Circle tenant under a NNN structure provides stable revenue while preserving flexibility for the restaurant space.
- Established, Mature Submarket with Strong Rooftops: Located in a centrally positioned Las Vegas trade area with average household income of $74,372 within 1 mile, supporting consistent consumer demand and long-term retail viability.
Property Documents
OM - 2810 S Maryland Pkwy
Details
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Price $1,400,000
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Year Built 2016
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Property Type Multi-Tenant
Additional Details
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Pro Forma Cap Rate 8.32%
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Price/SF $200.69
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APN 162-11-201-004
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Rentable Area 6,976 SF
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Lot Size 0.46 AC
Address
Open on Google Maps-
Address: 2810 S Maryland Pkwy
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City: Las Vegas
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State/county: Nevada
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Zip/Postal Code: 89109
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