5580 Flamingo RdLas Vegas, NV 89103

This exceptional investment opportunity presents a stabilized, multi-tenant medical office building located at 5580 W Flamingo Rd, Las Vegas, NV 89103. The Class B property, built in 2001 and renovated in 2019, boasts 22,750 square feet on a 1.92-acre lot, with 20,096 net rentable square feet. Currently housing nine tenants at 100% occupancy since September 14, 2022, this single-story building offers a compelling 6.25% pro-forma cap rate and a price per square foot of $243.96. The asking price is $5,550,000. The property features ample parking (5 spaces per 1,000 sq ft), including covered structures, and benefits from a convenient location minutes from the Las Vegas Strip, I-15 freeway, and Allegiant Stadium. The permitted zoning is CP. This NNN-leased property offers a diverse tenant mix including medical professionals, legal, financial, architectural, and real estate businesses. The property's strong occupancy and prime location make it an attractive investment for discerning buyers. The APN is 163-13-403-011. This fee simple ownership opportunity is not to be missed.