Dotty's STNL Tavern Investment
PRICE REDUCED! STNL Dotty's Tavern Investment
Marketing description
Real Estate Sale | Do Not Disturb Tenant
The Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire
Dotty's W. Pacific, a single tenant, triple net leased tavern investment located in the Downtown Water Street
District of Henderson, Nevada. Single tenant, net leased tavern investments are limited in supply and rarely
trade, making this a unique opportunity to acquire a stabilized gaming asset backed by one of Nevada's most
established operators.
The recently renovated +/-4,072 square foot property is leased to Nevada Restaurant Services, Inc., the
corporate entity behind Dotty's and one of the largest gaming operators in Nevada. Founded in 1991, the
company pioneered the neighborhood gaming tavern concept and has grown to operate more than 190
gaming locations throughout Nevada, along with additional gaming locations nationwide including taverns,
route locations, and casino operations. The property is secured by a recently executed 7 year triple net lease,
providing investors with stable cash flow and zero landlord responsibilities.
The property was recently renovated to shell condition and subsequently build out by Dotty's, who invested
significant capital into the interior build out and tenant improvements, demonstrating the tenant's long term
commitment to the site. The property also benefits from a Nevada restricted gaming license for up to 15
gaming machines, a highly desirable and supply constrained entitlement that supports long term tenant
demand and operational stability.
Dotty's W. Pacific represents a rare opportunity to acquire a stabilized gaming asset backed by a dominant
Nevada tavern operator in the highly desirable Henderson submarket.
Offering Memorandum Coming Soon!
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Investment highlights
PRICE REDUCED! Now $2,295,000
Rare NNN Investment Opportunity
The Dotty's W. Pacific tavern provides investors with an easy to manage, single tenant tavern investment featuring
an established gaming operator with a recently executed 7 year lease in place and zero landlord responsibilities.
Dominant Gaming Operator
Dotty's W. Pacific is operated by Nevada Restaurant Services, Inc. (NRS), one of the most established gaming
operators in Nevada. Founded in 1991, the company pioneered the neighborhood gaming tavern concept and has
grown to operate more than 190 gaming locations throughout Nevada. NRS also operates additional gaming locations
nationwide, including taverns, route locations and casino operations.
Corporate Tenant - Nevada Restaurant Services, Inc.
The lease is executed and backed by Nevada Restaurant Services, Inc., the company's corporate operating entity.
The company's long operating history and extensive portfolio of gaming locations provide a strong and established
operating presence.
Zero Landlord Responsibilities
The lease is structured as a triple net (NNN) lease with the tenant responsible for all taxes, insurance, maintenance
and repairs associated with the property. This structure provides investors with a passive investment with zero
ongoing ownership responsibilities.
Newly Renovated Improvements
The property was recently renovated to shell condition and subsequently improved by Dotty's, who invested
significant capital into the interior build out and tenant improvements. The additional investment demonstrates
the tenant's commitment to the site and the long term viability of the location.
Privileged Gaming License
The property features a highly desirable Nevada restricted gaming license for up to 15 gaming machines, which
are in high demand throughout the Las Vegas valley. These licenses must meet specific location requirements
restricting new tavern sites and controlling competition.
Strong Demographics
The Property is located within a densely populated and affluent trade area featuring over 209,661 residents
within a 5 mile radius and average household incomes exceeding $122,000, supporting strong discretionary
spending. The surrounding area includes a robust daytime population of 174,585 driven by more than 4,500
businesses.
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