3891 Flamingo Rd, Las Vegas, NV 89103-4009
- Turn key restaurants
- 4,143 SF
- 0.58 lot acres
Current Use by Public Records
- Wahoo's Fish Taco / Restaurant
Property Details for 3891 Flamingo Rd
- Year built
- 2019
- Construction
- FRAME
- Lot size
- 0.58 lot acres
- Property type
- Turn key restaurants
- APN
- 162-19-512-021
- APU
- 16219512021
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 23, 2025 | $5,150,000 | Gkt 4 LLC | Li Family Trust | Bargain & Sale Deed | — |
| Oct 21, 2022 | — | Ronald Li | 3883 Flamingo Center LLC | Re-recorded Document · related | — |
| Dec 9, 2019 | — | Li Family Trust | 3883 Flamingo Center LLC | Quit Claim Deed · related | — |
| Nov 4, 2019 | — | Li Family Trust | — | Deed · related | $2.8M · One Nv Cu |
| — | — | Li Family Trust | — | Deed Of Trust · related | $2.8M · One Nv Cu |
Description
This exceptional investment opportunity presents a fee-simple interest in a thriving Wahoo's Fish Tacos restaurant and 24/7 sports bar, located at 3891 West Flamingo Road in Las Vegas, Nevada. The 4,205 square foot, single-tenant property operates under an absolute triple-net (NNN) lease, eliminating all landlord responsibilities. The lease, initiated in 2019, boasts a 20-year initial term with three 5-year renewal options, providing significant long-term stability. The experienced franchisee, a successful Nevada operator with multiple Wahoo's locations, ensures consistent performance. This vibrant establishment features 15 video poker machines, enhancing its appeal and revenue streams. Strategically positioned near the intersection of West Flamingo Road and South Valley View Boulevard, the property benefits from exceptional visibility along a major thoroughfare with approximately 91,500 vehicles per day. Its proximity to the Las Vegas Strip, and major hotels and casinos including the Gold Coast, The Palms, and Rio, guarantees high foot traffic and a robust customer base. The property is zoned H-1 Limited Resort and Apartment/Entertainment Mixed Use, Clark County, and its location is further enhanced by neighboring nationally recognized tenants such as Walgreens, Chick-fil-A, Del Taco, and Denny's. The asking price is $6,195,000, representing a 5.00% cap rate. This is a rare opportunity to acquire a high-performing, passively managed investment in a prime Las Vegas location. The property's APN is 162-19-512-021.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,585,000
Market price range: $1.25M - $4.60M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,985,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.192
- Latitude
- 36.115
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
