280 E Flamingo Rd - Restaurant FOR SALE


Las Vegas, NV 89169- The Strip
$4,689,000 USD
702-550-4977
280 E Flamingo Rd, Las Vegas, NV for Sale
$4,689,000 USD
Restaurant - FOR SALE
1/2
null | 6% Cap Rate

280 E Flamingo Rd
Las Vegas, NV 89169
The Strip


HIGHLIGHTS

  • Premier Las Vegas Location; just east of The Las Vegas Strip
  • High Traffic Counts
  • Dense, Affluent Trade Area
  • Investment Stability

OVERVIEW

The property provides investors with a stable, long-term income stream and minimal management responsibilities. The site benefits from strong surrounding demand drivers, including major resorts, the Las Vegas Convention Center, future F1 Merchandise Store, and the 63-acre Hughes Center - a premier Class A office campus featuring an established “restaurant row.” This property has excellent exposure to Flamingo Road, a major east-west arterial with traffic counts exceeding 41,500 vehicles per day, and serves a dense, affluent trade area with a population of more than 398,000 residents within a fivemile radius. This prime infill location and diverse tenant mix make 280 E. Flamingo Road a rare opportunity to acquire a high-performing multi-tenant retail investment in the heart of Las Vegas.

FOR SALE DETAILS

PRICE

$4,689,000 USD

PRICE/SF

$578 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Flamingo Corridor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

Commercial Resort

APN/PARCEL ID

162-21-501-005

ASK ABOUT THIS PROPERTY

Robin CivishROI Commercial Real Estate, Inc.More Info
702-550-4977

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Robin CivishROI Commercial Real Estate, Inc.More Info
702-550-4977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.