3861 W Flamingo Rd
Las Vegas, NV 89103
Retail Property For Sale
Property Facts
About 3861 W FLAMINGO RD , LAS VEGAS, NV 89103
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) an absolute NNN single tenant investment that is fully leased to Del Taco (NASDAQ: TACO) on a brand new 20 year lease. This lease provides investors long term secure cash flow from a national credit tenant along with a hedge against inflation from attractive CPI increases (max 10%) every 5 years. The offering is part of a brand new mixed-use development that includes retail (Chick-fil-A, Del Taco, Walgreens, Denny’s, Wahoo’s), multi-family (360+ luxury apartments/condos), and hospitality (Marriott - Delta Flag). Located on Resort Corridor with frontage to the Palms Casino which recently received $485 million in upgrades; this offering provides investors a truly rare opportunity to acquire a brand new 2018 construction, generational (trophy) asset, located on irreplaceable real estate in the heart of Las Vegas, NV.
Property Taxes
| Parcel Number | 162-19-512-008 | Improvements Assessment | $255,772 |
| Land Assessment | $274,735 | Total Assessment | $530,507 |
Property Taxes
