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    3732-3750 E Flamingo Rd Las Vegas, NV 89121

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    For Sale
    $10,900,000

    90,732 SF shopping center with high traffic and value-add.

    Property size:
    90,732 SF
    Lot size:
    7.37 Acres

    Property Features for 3732-3750 E Flamingo Rd

    General Information

    Size
    90,732 SF
    Lot size
    7.37 Acres

    Source: Logic Commercial Real Estate | Reno Agent Ian Cochran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Anchored Shopping Center with Value-Add

    The property is a ± 90,732 SF anchored shopping center located in central Las Vegas, southeast of downtown, at the signalized intersection of E. Flamingo Rd. and S. Sandhill Rd. This property has a 35% vacancy, including a ± 11,900 SF junior-anchor opportunity with frontage along Sandhill Rd. The center experiences high traffic with over 48,000 CPD along Flamingo Rd., positioned between I-15 and I-11. Many tenants are at below-market rent, with an average $1.19 PSF monthly rental rate across the property. The weighted average lease term remaining is 24 months, with opportunity to re-lease expired and upcoming expirations. The property features three outparcel buildings currently leased to Blueberry Hill Restaurant, Wells Fargo with a drive-up ATM, and Nevada State Bank with a drive-thru teller. Ample parking is available with over 450 spaces. The property neighbors Paradise Marketplace anchored by Smith’s Food & Drug and an In-N-Out drive-thru, increasing traffic to the area.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gold's Plaza, Janita Plaza, Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Paradise Marketplace

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.0930997
    Latitude
    36.1163079

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    FAQs

    What type of property is this?
    Shopping center - 90,732 SF shopping center with high traffic and value-add.
    Where is this shopping center located?
    The property is located at 3732-3750 E Flamingo Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $10,900,000.
    What are key features of this property?
    This property features: - High traffic location with over 48,000 CPD on Flamingo Rd.; - Value-add property with **35% vacancy**, including a ± 11,900 SF junior-anchor opportunity.; - Below-market average rental rate of $1.19 PSF monthly.
    (775) 225-0826
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    3732-3750 E Flamingo Rd Las Vegas, NV 89121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3732-3750 E Flamingo Rd Las Vegas, NV 89121
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