Litwin Management Acquires Retail Asset In Las Vegas For $46.35M From Brian Good Corey Spound David Kaufman
4480 Paradise Road
$46,350,000
$789/SF
Building Size
58,727 SF
Asset Type
Retail
Closing
Jul 30, 2025
AI
The asset involved in this transaction is a retail property located at 4480 Paradise Road in Las Vegas. The sale was completed for a total transaction price of $46,350,000, which is approximately $789 per square foot. The property spans a total of 58,727 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $46,350,000
- Address: 4480 Paradise Road
- Market: Las Vegas
- Buyer: Litwin Management
- Seller: Brian Good, Corey Spound & David Kaufman - Eagle Paradise & Thayerack
- Brokers: Daniel Tyner & Gleb Lvovich - JLL
The deal was facilitated by brokers Daniel Tyner and Gleb Lvovich from JLL, representing the parties involved in the transaction, which includes multiple sellers connected to Eagle Paradise and Thayerack. The buyer for the transaction is Litwin Management.
Players
Las Vegas Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93