Published on: Monday, August 26, 2024
Updated on: Thursday, March 27, 2025
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About the Lister
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Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
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  West Flamingo Centre | Las Vegas
4755 W Flamingo Rd Las Vegas Nevada , 89103
4755 W Flamingo Rd Las Vegas Nevada , 89103  NNN Investment Group
Listing ID: CL-Nevada-11553

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.5
Net Operating Income: $416,122.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Nevada-11553
Status: Sold
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1988
Building Size: 13,400.00 SqFt
Lot Size: 39,648.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Lee & Associates is pleased to present the opportunity for a qualified investor to acquire Fee Simple interest (land & building) in West Flamingo Centre “Subject Property”, located at 4755 W Flamingo Rd, Las Vegas, Nevada. The Subject Property consists of a 13,400 square foot building that resides on a 0.91-acre parcel.
Complete Details
Year Build: 1988
Building Size: 13,400 SqFt.
No of Stories: 1
Total Lot Area: 39648 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
Additional Properties
Property Highlights
  • 100% OCCUPIED, CASINO-ADJACENT, INFILL LAS VEGAS SHOPPING CENTER
  • IRREPLACEABLE LOCATION ON FLAMINGO ROAD, MAIN ON/OFFRAMP FROM INTERSTATE 15 SERVING THE LAS VEGAS STRIP
  • HIGH-VISIBILITY TENANT SUITES BENEFIT FROM OVER 91,000 CARS PER DAY AT SIGNALIZED INTERSECTION OF FLAMINGO ROAD & DECATUR BOULEVARD
  • OUTSTANDING NNN LEASES WITH FULL RECAPTURE OF ALL OPERATING EXPENSES, INCLUDING PROPERTY MANAGEMENT & CAPITAL RESERVES
  • MULTIPLE CONVENIENT INGRESS/EGRESS OPTIONS INCLUDING CORNER ACCESS, LEFT-IN, LEFT-OUT AND RIGHT-OUT • CORNER ACCESS FROM SOUTH DECATUR BOULEVARD
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