Paradise Pet Hospital

$650,000

1060 East Flamingo Road, Las Vegas, NV 89119

For Sale

Office Medical

Active

Last Updated: 03/03/2025

Details:

Cap Rate: 9.51%

NOI: $60,000

Building Size: 4,980 sqft

Lot Area: 0.96 acres

Class: B

Lease Type: Triple Net

Year Built: 2002

Price Per Sqft: $160

Tenancy: Single

Floors: 1

Parking Spots: 25

Parking Ratio: 5.021

Offered by Broker

David Houle

Managing Director, KW Commercial

KW Commercial

#S.0169547

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Description:

Congrats for discovering the perfect investment gem in the heart of the Las Vegas market! KW Commercial is proud to present 1060 E Flamingo Road, an exceptional pet hospital property that promises not only steady cash flow but also a future-proof commercial real estate investment. Sitting on a generous 0.38-acre lot, this single story pet hospital offers ample parking with a 5:1 parking ratio, enhancing convenience for clients and employees alike. CG zoning further opens up exciting possibilities for future development and expansion. The property's zoning allows for various uses, ensuring flexibility for any potential business requirement in the future. With an alluring list price of $650,000.00 and an impressive 9.51% cap rate, this absolute NNN lease scenario opportunity is a masterstroke in commercial real estate investment. The property will be occupied by a thriving pet hospital business, ensuring a reliable long-term tenant whereby an investor will reap the rewards of strong immediate rental income and secure returns.