Gold Spike & Oasis
Gold Spike & Oasis
Marketing description
On behalf of the Tony Hsieh Estate (“Ownership”), LOGIC Commercial Real Estate (“Broker”) is pleased to present the exclusive opportunity to acquire the iconic Gold Spike and Oasis hospitality and entertainment properties (the “Properties”) located in the heart of Downtown Las Vegas. The two adjacent Properties operate as one boutique hotel with a combined ± 130 rooms currently, as well as a 24/7 bar and nightlife venue. The Gold Spike has been operating without gaming; however, Ownership has preserved its highly-coveted, non-restricted Nevada gaming license*, creating a significant value-add opportunity for a new operator to reintroduce casino operations and reposition the Properties.
The Properties have been the beneficiaries of Tony Hsieh’s vision and significant investment into Downtown Las Vegas, allowing a new owner to build on Tony’s legacy of developing our local community. Together, the Gold Spike, a landmark property in Downtown Las Vegas since 1976, and the adjacent Oasis boutique hotel, offer a buyer a true, value-add hotel/casino opportunity. We invite you to learn more about this exciting opportunity by executing the Confidentiality Agreement for more information.
For more information and to sign the Confidentiality Agreement, please contact our team today.
*Source: NV Gaming Control Board- Location Detail Report
Investment highlights
A potential transaction involving the Properties offers several compelling investment opportunities, most notably:
- Rare Boutique Hotel & Gaming Acquisition Opportunity
- Highly-Coveted Non-Restricted Nevada Gaming License*
- Value-Add Opportunity to Reintroduce a Casino & Reposition the Assets
- Irreplaceable Location on Las Vegas Blvd. in the Heart of Downtown Las Vegas
- One Block from the Fremont Street Experience w/ 26MM Visitors Annually
- High-Growth Submarket Surrounded by New Developments
- Located within a Qualified Opportunity Zone
- *Source: NV Gaming Control Board- Location Detail Report
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