4860 Boulder Hwy | Las Vegas, NV 89121
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4860 Boulder Hwy
Las Vegas, NV 89121
Ihop · Retail Property For Sale
Investment 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
- Located on the Boulder Strip - ranked #10 among U.S. casino markets
- Dense trade area with 437,114 residents within 5 miles
Executive Summary
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,051 SF
Building Class
B
Year Built
1984
Price
$2,250,000
Price Per SF
$445
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.72 AC
Zoning
H2, Clark County
Parking
55 Spaces (10.89 Spaces per 1,000 SF Leased)
Frontage
158 FT on Boulder
Amenities
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 161-17-811-007 | Improvements Assessment | $166,682 |
| Land Assessment | $104,282 | Total Assessment | $270,964 |
PROPERTY TAXES
Parcel Number
161-17-811-007
Land Assessment
$104,282
Improvements Assessment
$166,682
Total Assessment
$270,964
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