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Flamingo Courtyard 3075 E Flamingo Rd 36,601 SF 100% Leased Retail Building Las Vegas, NV 89121 $5,250,000 ($143.44/SF) 6.37% Cap Rate

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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

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 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

Sale Type
Investment
Property Type
Retail
Building Size
36,601 SF
Building Class
C
Year Built/Renovated
1985/2016
Price
$5,250,000
Price Per SF
$143.44
Cap Rate
6.37%
NOI
$334,393
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
3.11 AC
Zoning
CG - General Commercial
Parking
139 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
120’ on Flamingo Rd

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -

Since its founding in 1999, Allstate Protection Plans (formerly SquareTrade) has redefined the extended warranty industry. In an era of rapidly evolving technology, the company recognized the need for fast, reliable solutions when devices fail. Traditional protection plans offered outdated coverage and poor service—so Allstate Protection Plans set out to change that. The organization’s mission is clear: deliver innovative protection plans that match the sophistication of today’s products while providing exceptional customer care. By combining advanced technology with a customer-first approach, Allstate Protection Plans has transformed a historically frustrating service category into one defined by trust, convenience, and satisfaction. The company helps people enjoy life with the products they love and rely on—because protection should be as smart as the devices it safeguards.

  • Bellure Salon Suites
  • Retailer
  • -
  • -
  • -
  • Iglesia enAccion
  • Services
  • -
  • -
  • -
  • Movement Fitness
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • Vazquez & Associates
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
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

America First Credit Union
Chase Bank
Red Lobster
Starbucks
Mariana's Supermarkets
Dotty's
Dutch Bros
Citi
Bank of America
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-24-513-004
Land Assessment
$463,721
Improvements Assessment
$782,620
Total Assessment
$1,246,341
  • Listing ID: 38067957

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 3075 E Flamingo Rd, Las Vegas, NV 89121

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