Stirling Club 2827 Paradise Rd 73,576 SF 4-Star Retail Building Las Vegas, NV 89109 $18,000,000 ($244.64/SF)
INVESTMENT HIGHLIGHTS
- 2827 South Paradise Road, Stirling Club, offers 3.21 acres of prime real estate in the heart of the Las Vegas Resort Corridor, just behind the Strip.
- The Stirling Club features 74,000 square feet of space, including banquet halls, a fitness center, pools, tennis and pickleball courts, and more.
- Enjoy its prime location just one block from the Las Vegas Strip, a mile from Interstates 15 and 11, and in front of the Monorail Westgate Station.
- Priced at below replacement value at $245 per square foot, providing endless redevelopment potential in one of the world's most dynamic markets.
- Unrivaled visibility with 250 feet of frontage along Paradise Road, drawing over 28,000 vehicles daily and offering significant exposure.
- Positioned in a thriving entertainment hub, within a mile from the Las Vegas Convention Center, The Sphere, Wynn Golf Club, Encore, Sahara, and more.
EXECUTIVE SUMMARY
2827 South Paradise Road, the Stirling Club offers an exceptional investment opportunity priced significantly below replacement value at $245 per square foot in the heart of the world-renowned Las Vegas Strip. Situated directly behind the famous Strip, this property spans 3.21 acres and boasts nearly 74,000 square feet of space spread over four levels.
The Stirling Club is equipped with a full spa and fitness center, multiple banquet halls, private meeting rooms, indoor and outdoor pools, tennis courts, pickleball courts, lush landscaping, and an underground parking garage The property offers great potential for redevelopment. The absence of existing restrictions allows for a variety of redevelopment options, making it an ideal opportunity to maximize value and create a high-return investment in one of the most dynamic markets in the world.
2827 South Paradise Road enjoys prime visibility with 250 feet of frontage along Paradise Road, offering exposure to over 28,000 daily vehicles. Conveniently located just one block off Las Vegas Boulevard, it’s within a five-minute drive of Interstate 15 and 10 minutes from Interstate 11, ensuring easy access to the entire metropolitan region. 2827 South Paradise Road is directly across from the Las Vegas Monorail Westgate Station, offering quick connections to major hotels and entertainment venues. In addition, it’s within a short drive of Harry Reid International Airport, making it easily accessible for domestic and international travelers. Within a mile radius, you will find world-class attractions, including the Las Vegas Convention Center, The Sphere, and the Wynn Golf Club, with nearby retail, hotels like Sahara Las Vegas and Encore Las Vegas, and other entertainment venues.
Las Vegas continues to be one of the most thriving and resilient markets in the US. In 2023, tourism spending reached approximately $51.5 billion, bolstered by major events such as the Formula 1 Las Vegas Grand Prix and an influx of international visitors. The local economy benefits not only from tourism but also from a growing population base of over 1.6 million people within a 10-mile radius offering a robust workforce. This creates a strong consumer market, in the hospitality, entertainment, and retail sectors. 2827 South Paradise Road offers great infrastructure, high visibility, and endless redevelopment potential, making it a rare and exciting opportunity for investors to capitalize on the continued growth of Las Vegas.
The Stirling Club is equipped with a full spa and fitness center, multiple banquet halls, private meeting rooms, indoor and outdoor pools, tennis courts, pickleball courts, lush landscaping, and an underground parking garage The property offers great potential for redevelopment. The absence of existing restrictions allows for a variety of redevelopment options, making it an ideal opportunity to maximize value and create a high-return investment in one of the most dynamic markets in the world.
2827 South Paradise Road enjoys prime visibility with 250 feet of frontage along Paradise Road, offering exposure to over 28,000 daily vehicles. Conveniently located just one block off Las Vegas Boulevard, it’s within a five-minute drive of Interstate 15 and 10 minutes from Interstate 11, ensuring easy access to the entire metropolitan region. 2827 South Paradise Road is directly across from the Las Vegas Monorail Westgate Station, offering quick connections to major hotels and entertainment venues. In addition, it’s within a short drive of Harry Reid International Airport, making it easily accessible for domestic and international travelers. Within a mile radius, you will find world-class attractions, including the Las Vegas Convention Center, The Sphere, and the Wynn Golf Club, with nearby retail, hotels like Sahara Las Vegas and Encore Las Vegas, and other entertainment venues.
Las Vegas continues to be one of the most thriving and resilient markets in the US. In 2023, tourism spending reached approximately $51.5 billion, bolstered by major events such as the Formula 1 Las Vegas Grand Prix and an influx of international visitors. The local economy benefits not only from tourism but also from a growing population base of over 1.6 million people within a 10-mile radius offering a robust workforce. This creates a strong consumer market, in the hospitality, entertainment, and retail sectors. 2827 South Paradise Road offers great infrastructure, high visibility, and endless redevelopment potential, making it a rare and exciting opportunity for investors to capitalize on the continued growth of Las Vegas.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
73,576 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2001
Price
$18,000,000
Price Per SF
$244.64
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.53
Lot Size
3.21 AC
Zoning
H-1 - H-1
Frontage
251’ on Paradise Road
AMENITIES
- Conferencing Facility
- Fireplace
- Pool
- Accent Lighting
- Roof Terrace
- Storage Space
- Balcony
ABOUT EAST CENTRAL LAS VEGAS
East Central Las Vegas sees hotels, resorts, and multifamily residences mixed in with office and retail properties. The East Central Las Vegas retail area runs east from the Las Vegas Strip and stretches from Downtown Las Vegas to McCarran International Airport. Also located in the area are the Las Vegas Convention Center and the University of Nevada, Las Vegas (UNLV).
Retailers are clustered along the primary arterial roads and around the convention center and UNLV. Neighborhood shopping centers and business that cater to locals like grocery stores, drug stores, and discount retailers make up the majority of local retailers. Arts, entertainment, and restaurants are situated near Las Vegas Boulevard, looking to draw visitors from hotels and resorts along the Strip. Entertainment and hospitality both provide jobs for residents in the area and visitor traffic to retail shops.
Las Vegas’ healthy population growth and strong visitor numbers, along with limited new supply in East Central Las Vegas, are drawing investor interest. Pricing is generally at a discount to Las Vegas’ average, and cap rates are slightly above the region’s overall average.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
15,523
180,136
475,245
831,808
2029 Population
16,964
195,132
510,764
885,552
2024-2029 Projected Population Growth
9.3%
8.3%
7.5%
6.5%
Median Age
45.3
38.7
37.7
37.3
College Degree + Higher
24%
17%
13%
11%
Daytime Employees
34,182
259,423
427,530
539,856
Total Businesses
1,486
19,356
35,329
46,980
Average Household Income
$70,987
$59,851
$58,943
$62,640
Median Household Income
$34,664
$38,024
$40,676
$44,203
Total Consumer Spending
$192.6M
$1.8B
$4.4B
$7.7B
2024 Households
8,506
80,287
184,983
308,513
Average Home Value
$542,762
$410,770
$318,793
$323,772
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Benihana | - | - | 7 min walk |
| Starbucks | Cafe | $ | 10 min walk |
| Piero's | Italian | $$$$ | 10 min walk |
| Starbucks | Cafe | $ | 11 min walk |
| McDonald's | - | - | 11 min walk |
| Subway | - | - | 12 min walk |
| Thai Pepper | Thai | $$ | 11 min walk |
| McDonald's | - | - | 13 min walk |
RETAIL |
||
|---|---|---|
| FedEx Office | Business/Copy/Postal Services | 7 min walk |
| Walgreens | Drug Store | 12 min walk |
| Dollar General | Dollar/Variety/Thrift | 13 min walk |
| 7-Eleven | Convenience Market | 13 min walk |
HOTELS |
|
|---|---|
| Conrad |
1,496 rooms
3 min drive
|
| LXR Hotels & Resorts |
332 rooms
3 min drive
|
| SpringHill Suites |
300 rooms
2 min drive
|
| Hilton Grand Vacations |
214 rooms
2 min drive
|
| Marriott |
274 rooms
2 min drive
|
| Residence Inn |
192 rooms
2 min drive
|
| Courtyard |
149 rooms
3 min drive
|
| Renaissance |
548 rooms
3 min drive
|
| Hilton |
1,774 rooms
4 min drive
|
| Westgate |
2,950 rooms
3 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,266,887 | |
| Land Assessment | $4,413,493 | Total Assessment | $12,680,380 |
SALE ADVISOR
SALE ADVISOR
Jennifer Weinberg, Sales Associate
(702) 326-1055
Contact
A proud Las Vegas resident since 1978, Jennifer Weinberg began her professional career at 25 years old receiving her Real Estate License in January of 2000. Growing up in Las Vegas has provided Jennifer with deep roots and contacts with extensive knowledge in the local market.
She has built her business on her stellar reputation, communication, dedication, and transparency. She is one of the most well-respected Commercial Agents and Business Brokers across the valley. She currently has a team of 8 and is the lead Business broker for Berkshire Hathaway.
Jennifer has extensive experience with companies in a wide variety of industries including Residential and Commercial Real Estate, Business Acquisitions including franchises, retail, service companies, ecommerce, construction as well as wholesale and distribution and many more.
Jennifer has received Top Producer status year after year and was awarded Top 25 Women in Real Estate in 2022. She teaches classes at the local Las Vegas Association of Realtors and is President-Elect for 2025 for CALV, Commercial Alliance of Las Vegas, serving over 600
Commercial Members. Jennifer’s in-depth training and work ethic has given her the opportunity to assist many clients with their Real Estate and Businessneeds looking to find their place in the uniquely desirable Las Vegas
market. With her proven track record and undeniable dedication, Jennifer is wholeheartedly committed to ensuring her clients have a positive and successful experience with the smoothest transition period.
She has built her business on her stellar reputation, communication, dedication, and transparency. She is one of the most well-respected Commercial Agents and Business Brokers across the valley. She currently has a team of 8 and is the lead Business broker for Berkshire Hathaway.
Jennifer has extensive experience with companies in a wide variety of industries including Residential and Commercial Real Estate, Business Acquisitions including franchises, retail, service companies, ecommerce, construction as well as wholesale and distribution and many more.
Jennifer has received Top Producer status year after year and was awarded Top 25 Women in Real Estate in 2022. She teaches classes at the local Las Vegas Association of Realtors and is President-Elect for 2025 for CALV, Commercial Alliance of Las Vegas, serving over 600
Commercial Members. Jennifer’s in-depth training and work ethic has given her the opportunity to assist many clients with their Real Estate and Businessneeds looking to find their place in the uniquely desirable Las Vegas
market. With her proven track record and undeniable dedication, Jennifer is wholeheartedly committed to ensuring her clients have a positive and successful experience with the smoothest transition period.
