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8455 W Flamingo Rd. 8455 W Flamingo Rd 5,000 SF 50% Leased Office Building Las Vegas, NV 89147 $1,700,000 ($340/SF) 4.27% Cap Rate



INVESTMENT HIGHLIGHTS
- Three unit office/retail building for sale
- Zoning of CG allows for retail uses
- Located near the corner of W Flamingo Rd. and S Durango Dr.
- Excellent frontage and signage on monument
EXECUTIVE SUMMARY
2,500 SF available now - currently leased on a month-to-month basis. Another 1,250 SF with a mid 2026 lease expiration, which tenant has desire to renew, but can be made available to an owner user. Rents are currently under market and on a modified gross lease. Likely able to re-lease at $1.75 - $2.00/SF NNN
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
2000
Price
$1,700,000
Price Per SF
$340
Cap Rate
4.27%
NOI
$72,627
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.26
Lot Size
0.45 AC
Zoning
C-1
Parking
23 Spaces (4.6 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
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PROPERTY TAXES
| Parcel Number | 163-21-118-012 | Improvements Assessment | $135,574 |
| Land Assessment | $144,075 | Total Assessment | $279,649 |
PROPERTY TAXES
Parcel Number
163-21-118-012
Land Assessment
$144,075
Improvements Assessment
$135,574
Total Assessment
$279,649
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8455 W Flamingo Rd. | 8455 W Flamingo Rd
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