Office
8845 West Flamingo Road
8845 W Flamingo Rd, Las Vegas, NV 89147
Listing Price: $4,785,000
Investment Overview
Marcus & Millichap is pleased to present an exclusive opportunity to acquire the Flamingo Professional Plaza located at 8845 West Flamingo Road in the Southwest Las Vegas submarket. Built in 2009 and situated upon one full acre of land, this +/- 17,450 square foot Class B professional office building is conveniently located less than one mile east of the I-215 Las Vegas Beltway and is surrounded by a variety of shopping and dining amenities and within close proximity to the Summerlin master-planned community as well as Spanish Trail and Spanish Hills. The gorgeous architectural design of the Flamingo Professional features a stunning 48-foot-tall grand rotunda entrance with a dual spiral staircase and highly upgraded Class A finishes throughout. This fee-simple opportunity is being sold unencumbered by debt with 100% occupancy and features a variety of professional and medical tenants. Covered parking is available and provides additional income to the landlord. Professionally managed with care.
8845 West Flamingo Road
Investment Highlights
- High-Quality Design and Finishes Attract Continuous Occupancy Demand to the Stunning Office Building
- Notable Architect DAH Designs Created an Intriguing Arrival With a 48-Foot-Tall Grand Rotunda Entrance and Dual Spiral Staircases Adding to the High-Quality Class A Finishes Throughout
- Located Within the Highly Desirable Southwest Las Vegas Submarket Which Has Been Recognized as the Epicenter of Leasing Activity
- Las Vegas Boasted Its Strongest Fourth-Quarter Office Space Absorption on Record
- Las Vegas is Experiencing its Lowest Vacancy Rate in 15 Years, With Southwest Submarket Leading This Trend
- Excellent Demographics Surrounding the Flamingo Professional Plaza: Three-Mile Radius Exceeds 178,366 Residents with an Average Household income of $94,567
- The Las Vegas Metro is Expected to Increase by 240,000 Residents Over the Next Five Years
- Casinos Across Nevada Brought in a New All-Time Record of $14.8 Billion in Gambling Revenues in 2022 and Continues to Bolster the Las Vegas Economy
Exclusively Listed By
Financing By
Listing Price: $4,785,000
Investment Highlights
- High-Quality Design and Finishes Attract Continuous Occupancy Demand to the Stunning Office Building
- Notable Architect DAH Designs Created an Intriguing Arrival With a 48-Foot-Tall Grand Rotunda Entrance and Dual Spiral Staircases Adding to the High-Quality Class A Finishes Throughout
- Located Within the Highly Desirable Southwest Las Vegas Submarket Which Has Been Recognized as the Epicenter of Leasing Activity
- Las Vegas Boasted Its Strongest Fourth-Quarter Office Space Absorption on Record
- Las Vegas is Experiencing its Lowest Vacancy Rate in 15 Years, With Southwest Submarket Leading This Trend
- Excellent Demographics Surrounding the Flamingo Professional Plaza: Three-Mile Radius Exceeds 178,366 Residents with an Average Household income of $94,567
- The Las Vegas Metro is Expected to Increase by 240,000 Residents Over the Next Five Years
- Casinos Across Nevada Brought in a New All-Time Record of $14.8 Billion in Gambling Revenues in 2022 and Continues to Bolster the Las Vegas Economy
Investment Overview
Marcus & Millichap is pleased to present an exclusive opportunity to acquire the Flamingo Professional Plaza located at 8845 West Flamingo Road in the Southwest Las Vegas submarket. Built in 2009 and situated upon one full acre of land, this +/- 17,450 square foot Class B professional office building is conveniently located less than one mile east of the I-215 Las Vegas Beltway and is surrounded by a variety of shopping and dining amenities and within close proximity to the Summerlin master-planned community as well as Spanish Trail and Spanish Hills. The gorgeous architectural design of the Flamingo Professional features a stunning 48-foot-tall grand rotunda entrance with a dual spiral staircase and highly upgraded Class A finishes throughout. This fee-simple opportunity is being sold unencumbered by debt with 100% occupancy and features a variety of professional and medical tenants. Covered parking is available and provides additional income to the landlord. Professionally managed with care.
Exclusively Listed By
Financing By
