3085 E Flamingo Rd - Storefront Retail/Office FOR SALE


Las Vegas, NV 89121- Paradise Valley East
$2,180,000 USD
702-580-9800
3085 E Flamingo Rd, Las Vegas, NV for Sale
$2,180,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

3085 E Flamingo Rd
Las Vegas, NV 89121
Paradise Valley East


HIGHLIGHTS

  • The roof has recently been resealed with epoxy coating
  • ±8,334 sq.ft. storefront retail/office building with additional income
  • Fully built-out as standard office; can be converted into storefront retail
  • Exceptional owner/user and value-add opportunity for investors looking to stablize the asset
  • SBA 504(b) financing available with only 10% down payment (must occupy more than 51%, or ±4,250 sq.ft.)
  • Down to two (2) vacant spaces; Unit A & B is combined ±6,449 sq.ft. of office/retail space, asking $1.35 NNN

OVERVIEW

3085 E Flamingo Road is a Storefront Retail/Office Building located in Central East Las Vegas. The property is 22.5% leased to USA Mortgage on an original five (5) Year Lease Term with three (3) Years remaining. The property is surrounded by custom homes and is a less than fifteen (15) minute drive to all major roadways ensuring easy access for both customers and tenants. The ±8,334 sq. ft. building is located on ±0.68 acres with twenty nine (29) uncovered parking spaces. With a Commercial General (CG) zoning, this versatile space is poised for various commercial uses. The roof has just been resealed with epoxy coating. The vacant Units A & B consist of ±6,449 sq.ft. and are fully built out as medical office with existing plumbing underneath (former Access to Healthcare). 3.00% Co/Op.

FOR SALE DETAILS

PRICE

$2,180,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Flamingo Courtyard

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

CG

APN/PARCEL ID

162-24-513-003

ASK ABOUT THIS PROPERTY

Lucas Mojonnier, CCIMColdwell Banker Premier RealtyMore Info
702-580-9800

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Lucas Mojonnier, CCIMColdwell Banker Premier RealtyMore Info
702-580-9800

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