7845 W Flamingo Rd - Drug Store FOR SALE


Las Vegas, NV 89147- Spring Valley
$4,450,000 USD
702-313-7003
7845 W Flamingo Rd, Las Vegas, NV for Sale
$4,450,000 USD
Drug Store - FOR SALE
1/5
null | 7.03% Cap Rate

7845 W Flamingo Rd
Las Vegas, NV 89147
Spring Valley


HIGHLIGHTS

  • Heavy day time traffic, corner lot

OVERVIEW

The property is improved with a Walgreens retail store that serves as a highly trafficked neighborhood convenience and pharmacy destination. The store operates with extended daily hours and features a drive-thru component, driving consistent and reliable customer traffic. Positioned along Flamingo Road, a major east-west arterial in Las Vegas, the site benefits from excellent visibility, convenient ingress and egress, and exposure to substantial vehicular traffic. The surrounding area is anchored by dense, established residential neighborhoods that provide a stable and enduring customer base. The asset is secured by approximately 33 years remaining on the initial 50-year absolute NNN lease term.

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

7.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

C2, County

APN/PARCEL ID

163-21-502-009

ASK ABOUT THIS PROPERTY

Michael BumblisKey RealtyMore Info
702-313-7003

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Michael BumblisKey RealtyMore Info
702-313-7003

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