1060 Flamingo Rd Las Vegas, NV 89119-7436

This exceptional investment opportunity presents a single-story, 4,890 square foot medical office building located at 1060 E Flamingo Rd, Las Vegas, NV 89119. The property, built in 2009 and renovated in 2016, sits on a 0.38-acre lot with premium frontage on a high-traffic road boasting over 55,000 vehicles daily. Currently 100% occupied by a thriving pet hospital under a Net Lease (NNN) agreement commencing January 1, 2024, and expiring November 30, 2029, this Class B building offers a strong 7.55% cap rate with a net operating income (NOI) of $60,000. The property features Commercial General zoning, allowing for diverse future uses. The ground lease is in place, and the ownership is leasehold. This recession-resistant investment in the pet healthcare industry provides exceptional visibility and accessibility, making it an ideal opportunity for investors seeking stability and long-term lease security. The single-tenant occupancy minimizes management complexities, and the tenant's established presence ensures consistent rental income. The property's APN is 162-15-805-007.