3085 East Flamingo Rd, Las Vegas, NV
Versatile commercial property suitable for retail or office uses.
- Added:
- Mar 24, 2025
- Days on Market:
- 444
- Last Refresh:
- May 20 at 9:37 pm
Property Features for 3085 East Flamingo Rd
General Information
- Standard status
- Active
- Size
- 8,334 SF
- Lot size
- 4.48 Acres
- Property subtype
- OFFICE
Listing agent Lucas Mojonnier (702) 580-9800
Listing office Coldwell Banker Commercial Premier (702) 580-9800
Listing date Mar 24, 2025
Source Moodyscre
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HighLights
- Prime commercial property on East Flamingo Road in Las Vegas.
- Versatile layout suitable for various retail uses (service providers, medical, bakeries, etc.).
- High visibility and ample parking.
- Opportunity for signage and branding.
- Close proximity to major roadways for easy access.
- Flexible lease terms available.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $285.0k | $34.20 |
| − Vacancy | −$16.2k | −$1.95 |
| EGI | $268.8k | $32.25 |
| − OpEx | −$80.6k | −$9.68 |
| NOI | $188.1k | $22.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.108
- Latitude
- 36.1151