Value-Add Multi-Tenant Retail/Office Opportunity | ±36,601 SF | Las Vegas, NV
3075 E Flamingo Rd
Las Vegas, NV 89121
Highlights
- Built in 1985; renovated in 2016
- Anchored by Putter's Bar & Grill (NAP) and Movement Fitness (67% of the property)
- Diverse tenant mix: gym, church, salon suites, insurance, and accounting offices
- Less than a 15-minute drive to and from the major interstates, Harry Reid International Airport, and the Las Vegas Strip
Description
Coldwell Banker Commercial Premier proudly presents Flamingo Courtyard for exclusive acquisition—a ±36,601 square foot multi-tenant retail/office property offering exceptional investment potential. Constructed in 1985 and renovated in 2016, this asset combines prime location and high occupancy to deliver robust cash flow, with significant opportunities to enhance curb appeal, re-tenant spaces, and increase rents for long-term value appreciation.
This neighborhood center is fully leased with a WALT of two and a half (2.5) years, making it an attractive opportunity for value-add investors. The property is anchored by Putter’s Bar & Grill (NAP) and Movement Fitness, which occupies sixty-seven (67%) percent of the center, invested a significant amount into tenant improvements, and recently signed a five-year renewal. Additional tenants include a church, private salon suites, Allstate insurance agency, and an accounting firm, showcasing a well-rounded tenant mix.
Flamingo Courtyard is strategically located in the affluent, established area of Central East Las Vegas. Situated in between S. Eastern Avenue & S. Pecos Road with frontage along a busy E. Flamingo Road boasting an average daily traffic count of ±43,000. The asset is less than a 15-minute drive to and from the Harry Reid International Airport, Interstate-15, Interstate-215, and the Las Vegas Strip.
