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Flamingo Courtyard 3075 E Flamingo Rd 36,601 SF 100% Leased Retail Building Las Vegas, NV 89121 $7,328,580 CAD ($200.23 CAD/SF) 6.37% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Leased with under market rents
- 25 month WALT
- Less than a 15-minute drive to and from the major interstates, Harry Reid International Airport, and the Las Vegas Strip
- The roof has recently been resealed with epoxy coating
- Diverse tenant mix: gym, church, salon suites, insurance, and accounting offices
EXECUTIVE SUMMARY
This neighborhood center is fully leased with a weighted average lease term of twenty-five (25) months. The property is anchored by Movement Fitness, which occupies sixty-seven (67%) percent of the center, invested a significant amount into tenant improvements, and is committed to an additional five years. Additional tenants include a church, private salon suites, Allstate insurance agency, and an accounting firm, showcasing a well-rounded tenant mix.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Finance and Insurance
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Since they opened their doors in 1999, technology has been evolving by the minute. From their phones to their homes, it seems like everything is getting smarter and more connected. Which is great, until it stops working. Then, they need help—and fast. That's where Allstate Protection Plans (formerly known as SquareTrade) comes in. Before them, extended warranties were living in the past. The only thing worse than the flimsy protection was the awful customer service. They knew it was time to create protection plans as innovative as the products they protect, and to treat their customers as they'd want to be treated. That's how they're changing their industry—and turning a bad service category into something good. Simply put, they're obsessed with customer service. Their mission: They help people enjoy life with the products they love and rely on.
- Bellure Salon Suites
- Retailer
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- Iglesia enAccion
- Services
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- Movement Fitness
- Arts, Entertainment, and Recreation
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- Vazquez & Associates
- Professional, Scientific, and Technical Services
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Finance and Insurance | - | - | - | ||
| Bellure Salon Suites | Retailer | - | - | - | ||
| Iglesia enAccion | Services | - | - | - | ||
| Movement Fitness | Arts, Entertainment, and Recreation | - | - | - | ||
| Vazquez & Associates | Professional, Scientific, and Technical Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 162-24-513-004 | Improvements Assessment | $1,099,824 CAD |
| Land Assessment | $651,672 CAD | Total Assessment | $1,751,496 CAD |
PROPERTY TAXES
Presented by
Flamingo Courtyard | 3075 E Flamingo Rd
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