For Sale: Flamingo Professional Center – Two Value-Add Multi-Tenant Professional Office Buildings – Las Vegas, NV

Flamingo Professional Center – 2080-2090 E. Flamingo Road, Las Vegas, NV 89119

The Offering CBRE is pleased to present for acquisition Flamingo Professional Center, a multi-tenant office asset comprised of ±113,694 square feet, located in the Central East office submarket of Las Vegas. The property is ideally situated opposite the Desert Springs Hospital Medical Center (346 beds), thus is occupied by a combination of medical and professional office users.

Currently, the property is 54% occupied of which 49% is leased to major tenants including the State of Nevada Department of Administration and Public Works, Nevada State Board of Architecture, Nevada Department of Health and Human Resources, Las Vegas Field and Focus and Dr. Robert Patti. Unoccupied suites are in second generation condition and are leasable with minimal improvements.

The property offers an investor significant upside, considering the occupancy and the asset’s location within the trade area, which includes Sunrise Hospital and Medical Center, and Sunrise Children’s Hospital, totaling 664 beds. Desert Springs Hospital (Valley Health Systems) offers 346 beds and has 448 affiliated doctors, thus the long term prognosis for Flamingo Professional Center is occupancy by users in the medical industry and its affiliated services.

Executive Summary

Confidentiality Agreement

Contact Information

Charles M. Moore, CSM
Senior Vice President
+1 702 369 4820
charles.moore@cbre.com

Marlene M. Fujita, CCIM
First Vice President
+1 702 369 4862
marlene.fujita@cbre.com

Bart A. DeBuono
Client Services Specialist
+1 702 369 4874
bart.debuono@cbre.com

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