3075 Flamingo Rd Las Vegas, NV 89121

This exceptional 36,601 square foot, multi-tenant retail and office property in Central East Las Vegas presents a compelling value-add opportunity. Built in 1985 and renovated in 2016, the property boasts 100% occupancy with a diverse tenant mix including Putter's Bar & Grill and Movement Fitness (occupying 67% of the space and recently signing a five-year lease renewal). Other tenants include a church, salon suites, an insurance agency, and an accounting firm, creating a stable and well-rounded income stream. The property features 139 parking spaces and sits on a 3.11-acre lot with Commercial General (CG) zoning. Its prime location on E. Flamingo Road, near S. Eastern Avenue and S. Pecos Road, benefits from approximately 43,000 average daily traffic. The property is conveniently located less than 15 minutes from Harry Reid International Airport and major interstates, offering excellent accessibility. The weighted average lease term (WALT) is 2.5 years, providing immediate cash flow and long-term growth potential through lease renewals and potential rent increases. This fee-simple ownership opportunity is priced at $5,250,000 ($143.44/sq ft) and represents a strong investment in a thriving Las Vegas market. The property's strong cash flow, diverse tenancy, and strategic location make it an attractive investment for those seeking a core+ value-add opportunity.