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Property profile & analytics
OFF-MARKET Estimated value $4,650,000
Drug stores

1360 Flamingo Rd Las Vegas, NV 89119-5252

25,500 SF 2.34 ac lot Built 1978
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US62-1299095
Property summary
AI-generated overview

This exceptional retail sublease opportunity presents 25,680 square feet of vacant space within a larger 38,953 square foot building located at 1360 E Flamingo Road in Paradise, Nevada. Situated in Clark County, zip code 89119, this property boasts a prime location in a bustling strip mall, benefiting from significant daytime population density and high visibility due to its highly signalized corner location. The space was previously occupied by a CVS and offers a substantial footprint ideal for a variety of retail uses. The building was constructed in 1978. This is a single-tenant sublease opportunity, with the lease term available until January 31, 2032, matching the existing lease. The property is delivered "as is," and rent is negotiable. The substantial size of the space, combined with its advantageous location and high traffic counts, makes this an exceptional opportunity for a business seeking significant retail presence in a thriving area of Las Vegas. Serious inquiries only.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,500 SF
Lot 2.34 ac (101,930 SF)
APN 162-14-410-009
UPID US62-1299095
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coinstar Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.65M
Owner & transaction history
Scp 2006-c23-098 LLC · 19 yrs held
Scp 2006-c23-098 LLC
since 2007
3 recorded transactions
2007
$4.6M
2006
$4.6M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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