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Arco AM/PM 4605 E Flamingo Rd 2,497 SF 100% Leased Retail Building Las Vegas, NV 89121 $6,490,000 ($2,599.12/SF)
Investment Highlights
- Major cross street section lines and traffic signal light
- Annual Income reports available.
- Buy the business and the land or buy the business and lease the land.
Executive Summary
MULTIPLE LOCATIONS Coming soon.
Financials are available for 2023–2025 YTD Fuel & C-Store sales reports, along with the master agreements.
The site had a $200K+ canopy installed, and the canopy height was raised to mitigate future exposure. You’ll notice a decline in fuel sales during the period the site lacked a canopy, especially during extreme heat (when it’s 110°F, customers are understandably less likely to fuel without overhead coverage).
Dispensers were upgraded in 2020 or 2021 — The space has been approved for bulk propane dispensing, and a cost analysis was completed earlier this year. There is a lucrative air/water contract with ~65% retention, and new ADA-compliant machines have been installed. The roof was replaced in 2022, and the site has remained compliant on maintenance and inspections, keeping the warranty in good standing.
Financials are available for 2023–2025 YTD Fuel & C-Store sales reports, along with the master agreements.
The site had a $200K+ canopy installed, and the canopy height was raised to mitigate future exposure. You’ll notice a decline in fuel sales during the period the site lacked a canopy, especially during extreme heat (when it’s 110°F, customers are understandably less likely to fuel without overhead coverage).
Dispensers were upgraded in 2020 or 2021 — The space has been approved for bulk propane dispensing, and a cost analysis was completed earlier this year. There is a lucrative air/water contract with ~65% retention, and new ADA-compliant machines have been installed. The roof was replaced in 2022, and the site has remained compliant on maintenance and inspections, keeping the warranty in good standing.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,497 SF
Building Class
C
Year Built/Renovated
1985/2021
Price
$6,490,000
Price Per SF
$2,599.12
Business Value
$1,900,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.52 AC
Zoning
C-2, County - 40.358 - General Commercial. Retail Stores and Shops
Parking
20 Spaces (8.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
About 4605 E FLAMINGO RD , LAS VEGAS, NV 89121
0.52 Acres Original Const. Year 1985
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 161-20-501-001 | Improvements Assessment | $117,283 |
| Land Assessment | $103,062 | Total Assessment | $220,345 |
Property Taxes
Parcel Number
161-20-501-001
Land Assessment
$103,062
Improvements Assessment
$117,283
Total Assessment
$220,345
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