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Ihop 4860 Boulder Hwy
5,051 SF of Retail Space Available in Las Vegas, NV 89121
Highlights
- Turnkey restaurant space with fully equipped kitchen and hood system for Sale or Lease
- Northwest corner of Boulder Highway and Flamingo Road, with 60,000+ daily vehicle count
- Single-tenant building with pylon sign and ample parking
- Prime 5,051 sf restaurant property, current IHOP lease expires April 2025
- Dense trade area with 437,114 residents within 5 miles
- Dense trade area with 437,114 residents within 5 miles
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,051 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $166,683 /YR $13,890 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4860 Boulder Hwy , Las Vegas, NV 89121
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Restaurant | Parking Ratio | 10.89/1,000 SF |
| Gross Leasable Area | 5,051 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,051 SF |
| Year Built | 1984 |
| Parking Ratio | 10.89/1,000 SF |
About the Property
Prime second-generation restaurant opportunity located along the dynamic Boulder Strip casino corridor. This ±5,051 SF freestanding building, currently operating as IHOP (lease expiring April 2025), sits at the highly visible intersection of Boulder Highway and Flamingo Road with combined traffic counts exceeding 60,000 vehicles per day. The property is strategically positioned in Las Vegas's 10th largest gaming market by revenue, anchored by Sam's Town Hotel & Casino (645 rooms) and Boulder Station (300 rooms). The fully-equipped restaurant space features a complete kitchen setup with hood system and ample parking. The dense trade area boasts 437,114 residents within a 5-mile radius. Building includes valuable monument signage visibility, and the restaurant space is equipped to allow for immediate operations. Located in a thriving area that combines strong residential density with significant tourist and gaming traffic.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Contacts
-
Sean Margulis -
Gilberto Villegas -
Landon Tenwolde -
Logic Commercial Real Estate
Presented by
Ihop | 4860 Boulder Hwy
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