Advance Auto Parts | Strong Performing Location | Charlotte MSA
Denver, NC
West Flamingo Centre | Las Vegas | 100% Occupied
4755 W Flamingo Rd. Las Vegas, NV 89103
Price: $5,550,000
Status: Available
Cap Rate: 7.5%
Year Built: 1988
NOI: $416,122
Lot Size: 0.91 acres
Price Per Foot: 414
SF: 13400
Remaining Term: Various
Lease Type: Triple-Net (NNN)
Property Intro
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.
investment 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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