Property History
Current tenant is in a 5 year lease that commenced on 3/21 at $7,200.00 per month with 3% increases per year with one (5) year option to extend. This space is completely built out with a bar, full kitchen, walk-in freezer, as well as a lounge area for dining. The space also features an open area previously used for pool, darts, shuffleboard, but now is equipped with a stage area for live music. . Additionally, the space includes all of the furniture, fixtures, and equipment. The space is in excellent condition, . Property description:
The property at 4465 E Sahara Ave offers an opportunity to acquire a fully built-out restaurant that includes virtually all kitchen equipment, furniture, and fixtures as well as a bar area that’s ready-made for gaming. With only a 20-minute drive to the Las Vegas Strip, a 25-minute drive to McCarran International Airport, and direct frontage on Sahara Avenue, the property presents restaurateurs the prospect of cashing in on the $1.6 billion total consumer spending within a three-mile radius. Conveniently located in an area with a total population of 521,742 in the surrounding five miles, owners and tenants will be able to capitalize on the traffic from complementary retail nearby.
The property also benefits from various major employers including Pepsi, International Game Technology, Boyd Gaming, Switch, and Fastenal being in proximity. In addition, businesses can expect an increase in customer base once the Las Vegas Stadium, home of the Raiders, finishes construction in time for the 2020 football season.
Loan History
Financial History
Tax History
Contact Information
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Comparable Properties
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