Las Vegas, NV – January 23, 2026 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of a 4,205-square-foot retail property fully leased to Wahoo’s located at 3891 West Flamingo Road in Las Vegas. The final sale price was $5,150,000.
Cushman & Wakefield’s Marlene Fujita and Emily Brun represented the seller, Ronald Li and Betty Li, Trustees of the Li Family Trust dated May 20, 2001, in the transaction.
“The sale of Wahoo’s at a 6.01% cap rate is indicative of where market deals like this are trading in our market,” said Fujita. “Buyers of single-tenant assets are looking for a reasonable return without the risk of having to re-lease the property. Given the tenant has been in place since 2019, and has five other locations in the valley, we believe the buyer will enjoy the benefits of a long-term tenant with a property that’s in an excellent location.”
3891 West Flamingo Road offers a comprehensive suite of amenities tailored for both dining and entertainment. The property is home to Wahoo's, a sports bar and restaurant that operates 24/7 and features 15 video poker machines, a full bar with 12 beer taps and breakfast served all day. The building is designed to accommodate high customer volumes with its EAT-DRINK-PLAY-24/7 concept. The property’s layout and amenities support a vibrant atmosphere for both locals and visitors.
The property’s location provides exceptional accessibility and exposure. Situated adjacent to three major hotel and casino properties, the site benefits from strong foot traffic and visibility to approximately 91,500 vehicles daily. Proximity to Interstate 15 ensures convenient access for both local residents and tourists, further enhancing the property’s appeal as a retail destination.