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Investment Highlights
- Owner-User Opportunity in the Southwest Las Vegas Submarket with In-Place Income and Building and Monument Signage
- Unrivaled Amenity-Rich Location in Southwest Las Vegas
Executive Summary
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.
— 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.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
9,980 SF
Building Class
B
Year Built
2003
Price
$4,858,425 CAD
Price Per SF
$486.82 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,990 SF
Slab To Slab
12’
Building FAR
0.46
Lot Size
0.50 AC
Zoning
C-P, County
Parking
56 Spaces (5.61 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 163-20-516-011 | Improvements Assessment | $653,216 CAD (2026) |
| Land Assessment | $277,458 CAD (2026) | Total Assessment | $930,675 CAD (2026) |
Property Taxes
Parcel Number
163-20-516-011
Land Assessment
$277,458 CAD (2026)
Improvements Assessment
$653,216 CAD (2026)
Total Assessment
$930,675 CAD (2026)
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8879 W Flamingo Rd
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