8879 W Flamingo Rd 9,980 SF Office Building Las Vegas, NV 89147 $3,575,000 ($358.22/SF)

Owner-User Opportunity in the Southwest Las Vegas Submarket with In-Place Income and Building and Monument Signage

— CORPORATE USER OPPORTUNITY | This is an ideal corporate headquarter investment that provides an attractive lease-saving trade-off. The purchase provides protection against future rental market uncertainty and rate hikes.

—
OWNER-USER OFFICE OFFERING | Located in the Southwest Las Vegas Submarket 8879 W. Flamingo is situated approximately 1 mile from the CC-215 which offers efficient connectivity to the Las Vegas Valley.

— BELOW MARKET RENTS | Current in-place rents are 41% below market; three tenants are MTM allowing a new owner to immediately bring these spaces to market rent. The fourth tenant expires December 31, 2026; beginning January 1, 2027, a new owner can lease up these spaces at current market rates.

— FLEXIBLE OWNER-USER OCCUPANCY | The property offers an owner-user to the option to immediately occupy up to ±3,230 SF (across the first and second floor). Effective January 1, 2027, the new owner will have the option to occupy the entire building.

Unrivaled Amenity-Rich Location in Southwest Las Vegas

— CONNECTIVITY AND CONVENIENT COMMUTE. Located approximately 1-mile to the CC-215 at the Flamingo interchange this owner user opportunity provides superior regional connectivity and convenient commute for Las Vegas, Sky Canyon, and Henderson residents.

— LOW VACANCY. The Southwest Las Vegas submarket enjoys the lowest total vacancy rate at 6.4% and the second highest lease rate in Southern Nevada at $3.02 / SF / Month FSG.

— PRIME LOCATION WITH EXTENSIVE AMENITIES. W. Flamingo is an established office/retail corridor with proximity to nearby amenities. Within a 3-mile radius there are 150+ restaurant options, a population of ±177,666, and an average household income of $118,832.