Gold’s Plaza

3726 E. Flamingo Rd., Las Vegas, NV 89121

— For Sale —

Offering Price $10,900,000

Total Square Footage ± 90,732 SF

Price Per Square Foot $120 PSF

Opportunity Value-Add

Property Information

Gold’s Valley Plaza is a ± 90,732 SF anchored shopping center located in central Las Vegas southeast of downtown at the signalized intersection of E. Flamingo Rd. and S. Sandhill Rd. This value-add property sits at 35% vacancy including a ± 11,900 SF junior-anchor opportunity with frontage along Sandhill Rd. The center has high traffic with over 48,000 CPD along Flamingo Rd. positioned between I-15 and I-11. Many tenants in place are at below-market rent with an average $1.19 PSF monthly rental rate across the property. Weighted average lease term remaining is at 24 months with opportunity to re-lease expired and upcoming expirations.

The property features three outparcel buildings currently leased to Blueberry Hill Restaurant, Wells Fargo with a drive-up ATM, and Nevada State Bank with a drive-thru teller. The property features ample parking with over 450 spaces. The property neighbors Paradise Marketplace anchored by Smith’s Food & Drug and an In-N-Out drive-thru increasing traffic to the area.

Contact

Ian Cochran Logic Commercial Real Estate
Brokerage

Ian Cochran, CCIM

Partner
Reno
License B.145434.LLC
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O 775.433.1102
C 775.225.0826
More Info
Greg Ruzzine Logic Commercial Real Estate
Brokerage

Greg Ruzzine, CCIM

Partner
Reno
License BS.145435
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O 775.433.1103
C 775.450.5779
More Info