3505 e flamingo rd - loopnet · 2019-04-16 · las vegas country club, & interstate 515 •...

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FOR SALE | OFFICE Ryan McCullough Office Partner cell: direct: email: 847.553.6285 702.815.1982 [email protected] Tyler Jaynes Senior Sales Associate cell: direct: email: 254.216.3578 702.815.1983 [email protected] Offered By: NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPAL. NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE TO BE IMPLIED. THE INFORMATION PORTRAYED ON THE MAP, WHILE NOT GUARANTEED, HAS BEEN SECURED FROM SOURCES DEEMED RELIABLE. CONSULT A SURVEYOR FOR PRECISE BOUNDARIES. 31841 8945 W. Russel Road Suite 110 Las Vegas, NV 89148 (702) 383.3383 | naivegas.com 3505 E Flamingo Rd Las Vegas, NV 89121

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Page 1: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

Maria Hermanoffice: direct: email:

[email protected]

Dhan Dhaliwaloffice: direct: email:

[email protected] W. Russel Road Suite 110

Las Vegas, NV 89148(702) 383.3383 | naivegas.com

FOR

SALE | O

FFICE

Ryan McCullough Office Partner

cell: direct: email:

[email protected]

Tyler Jaynes Senior Sales Associate

cell: direct: email:

[email protected]

Offered By:

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPAL. NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE TO BE IMPLIED. THE INFORMATION PORTRAYED ON THE MAP, WHILE NOT GUARANTEED, HAS BEEN SECURED FROM SOURCES DEEMED RELIABLE. CONSULT A SURVEYOR FOR PRECISE BOUNDARIES.

31841

8945 W. Russel Road Suite 110 Las Vegas, NV 89148(702) 383.3383 | naivegas.com

3505 E Flamingo RdLas Vegas, NV 89121

Page 2: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

Ryan McCullough & Tyler Jaynes NAI Vegas | naivegas.comOffered By: 2zz

Property Details

FOR MORE INFORMATIONhttp://helloarti.com/view/31841

SALE DETAILS

List Price:$1,675,000

Total Square Feet:±12,000 SF

Price PSF:$139.58

CAP:7.27%

ATTENTION:

PLEASE DO NOT DISTURB TENANTS. ALL TOURS ARE BY APPOINTMENT ONLY, PLEASE

CONTACT THE LISTING AGENTS.

Page 3: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

Ryan McCullough & Tyler Jaynes

zzNAI Vegas | naivegas.comOffered By: 3

PropertyHighlights• 100% Occupied Multi-Tenant Professional/

Medical Office Building

• Staggered Leases

• Abundance of Parking with over 9 Spaces

per 1,000 SF

• Located Minutes from Sunrise Hospital,

Las Vegas Country Club, & Interstate 515

• Located In the East Last Vegas Submarket

STREET CPD

E Flamingo Rd / S Pecos Rd 44,000

E Flamingo Rd / S Don Bonito St 32,000

E Flamingo Rd / Hazelcrest Dr 55,300

TRAFFIC COUNTS

Page 4: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

zzNAI Vegas | naivegas.comOffered By: 4

Rent Roll

Ryan McCullough & Tyler Jaynes

zz

TENANT TRADE NAME

RENTABLE SF

% OF TOTAL

ORIGINALTERM

ORIGINAL START DATE

ENDDATE

RENTPSF/MONTH

CURRENT MONTHLY RENT

ANNUALIZEDRENT

INCREASES

Bluemoon Advisors

6,000 50.00% 5 Years 3/1/18 2/28/23 $0.96 $5,750.00 $69,000.00 None

Advanced Neuro Spinal Solutions

4,000 33.33% 7 Years 5/1/15 11/30/22 $0.92 $3,677.00 $44,124.00 5% Annually

American Fidelity Assurance

2,000 16.67% 3 Years 7/1/07 7/1/19 $1.25 $3,387.00 $40,644.00 None

TOTAL 12,000 $12,814.00 $153,768.00

Page 5: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

zzNAI Vegas | naivegas.comOffered By: 5Ryan McCullough & Tyler Jaynes

Financial Overview

FINANCIALS 2018

Rental Income $153,768

Vacant Space at Market Rents $0

Gross Potential Rent $153,768

Gross Potential Income $153,768

REIMBURSABLE EXPENSES

Repairs & Maintenance $6,000

Utilities / Trash $5,678

Landscaping $4,000

Management Fee (Estimated at 4%) $6,151

Real Estate Taxes $8,580

Insurance $1,630

Total Operating Expenses $32,039

Total Operating Expenses PSF $2.67

Vacancy Factor (0%) $0

CAP 7.27%

Net Operating Income $121,729

Page 6: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

Ryan McCullough & Tyler Jaynes NAI Vegas | naivegas.comOffered By: 6

Tenant Profile

In 1960, C.W. and C.B. Cameron founded American Fidelity Assurance Company based on a fundamental belief: The most important asset anyone has is their ability to work and earn a living.

That’s why American Fidelity provides supplemental benefits products to help people protect their finances and save for medical expenses and retirement.

C.W. knew from experience how important products likedisability insurance could be. When he was 14, he had todrop out of school to support his family after his fatherbecame disabled.

Years later, he used that experience to become an early leader in reaching people at their workplaces and offering payroll deduction to purchase products to help them prepare for the unexpected. He focused on reaching state agency employees, trade associations and schoolteachers, all of which remain our key customer markets today.

Today, we continue to embrace that pioneering spirit and strive to provide a different opinion to our customers. To us, that means constantly looking for ways to make things easier for the people we serve.

*Source: https://americanfidelity.com/

Page 7: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

Ryan McCullough & Tyler Jaynes NAI Vegas | naivegas.comOffered By: 7

Tenant Profile

Our staff has helped numerous individuals find relief and even develop out of Autistic Spectrum and learning disorders. Patients have also experienced much success with Neuro degenerative disorders, brain injuries, Movement Disorders, Autoimmune Disorders, etc.

The exclusive Build-A-Brain Program was developed by our very own Dr. Roger Elmer, who is on the cutting edge of Functional Neurology and Structural Correction. Our staff receives ongoing training from Dr. Elmer himself on the most advance therapy techniques available.

Our patients appreciate that they work directly with Dr. Elmer to ensure that they receive the most comprehensive care offered. Inside our state of the art facility, you will be provided with a treatment plan that is 100% customized to your needs, so you can live a happier, more fulfilling life.

Source: http://thebuildabrainprogram.com/

Page 8: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

Ryan McCullough & Tyler Jaynes NAI Vegas | naivegas.comOffered By: 8

Tenant Profile

Blue Moon Advisors, Inc. is a business finance documentation firm that works to assist startup and growth companies seeking capital to become ‘fund-ready.’ In order to do so, Blue Moon Advisors provides comprehensive due diligence and market research, professional-grade business plans, financial pro forma development, website and logo design, marketing, brand management and other business consulting and related services.

Blue Moon Advisors has built a strong internal team and an expansive network of business professionals that aid in preparing issuers of securities for the capitalization process.

*Source: https://bluemoonadvisors.com/

Page 9: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

BOULDER HIGHWAY

515SITE

515

E FLAMINGO RDE FLAMINGO RD

E DESERT INN RDE DESERT INN RD

S EASTERN AVE

MCLEOD DR

S PECOS RD

ASSOCIATED MEDICAL& SURGICAL SPECIALISTS

S SANDHILL RD

NAI Vegas | naivegas.comOffered By: 99

Aerial Map

Ryan McCullough & Tyler Jaynes

Page 10: 3505 E Flamingo Rd - LoopNet · 2019-04-16 · Las Vegas Country Club, & Interstate 515 • Located In the East Last Vegas Submarket ... cutting edge of Functional Neurology and Structural

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Offered By:

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPAL. NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE TO BE IMPLIED. THE INFORMATION PORTRAYED ON THE MAP, WHILE NOT GUARANTEED, HAS BEEN SECURED FROM SOURCES DEEMED RELIABLE. CONSULT A SURVEYOR FOR PRECISE BOUNDARIES.

FOR

SALE | IN

DU

STRIA

L

Maria Hermanoffice: direct: email:

[email protected]

Dhan Dhaliwaloffice: direct: email:

[email protected] W. Russel Road Suite 110

Las Vegas, NV 89148(702) 383.3383 | naivegas.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS,

PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPAL. NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE TO BE IMPLIED. THE INFORMATION PORTRAYED ON THE MAP, WHILE NOT GUARANTEED, HAS BEEN SECURED FROM SOURCES DEEMED RELIABLE. CONSULT A SURVEYOR FOR PRECISE BOUNDARIES.

30746

8945 W. Russel Road Suite 110 Las Vegas, NV 89148(702) 383.3383 | naivegas.com

Ryan McCullough Office Partner

cell: direct: email:

[email protected]

Tyler Jaynes Senior Sales Associate

cell: direct: email:

[email protected]

Offered By:

FOR

SALE | O

FFICE