8075 S Decatur Blvd
Las Vegas, NV 89139
Retail Property For Sale
Investment Highlights
- The Village Pub & Poker is owned & operated by Gary Ellis, who owns 13 gaming properties (12 taverns & 1 casino).
- The tenant purchased the tavern business in 2019 and invested significant capital into renovations demonstrating his commitment to the site.
- The site features a highly desirable NV restricted gaming license for 15 gaming machines, which are in high demand in the Las Vegas valley.
- Starting rent is $2.35/sf NNN, which is well below market rents for taverns in the SW submarket which are well over $3.00/SF NNN.
- The property is located in the desirable Southwest submarket in the path of growth surrounded by several new developments!
- The property is siutated within a growing submarket with a population of 339,000 and significant household income of $82,000 within a 5 mile radius.
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
About 8075 S DECATUR BLVD , LAS VEGAS, NV 89139
LOGIC Commercial Real Estate is pleased to present the opportunity to acquire Village Pub & Poker- Decatur, a net-leased single-tenant investment opportunity in Las Vegas, Nevada. The Property is located in the highly desirable Southwest submarket on S. Decatur Blvd. between the I-215 Beltway and Blue Diamond Rd. in the path of growth. Village Pub and Poker is owned and operated by Gary Ellis, a long-time Las Vegan and established tavern operator with 12 taverns and one casino. The tenant recently invested significant capital in the property and the lease features below market rent creating tremendous upside on future rent. The property features a +/-6,100 square foot free-standing tavern with a full-service kitchen, restaurant and full bar with a privileged gaming license allowing for 15 video poker machines. The building is situated within a popular southwest residential area with strong demographics featuring over 339,000 people and household incomes of $82,000 within a 5-mile radius. The Village Pub & Poker- Decatur provides investors with a stabilized cash flowing asset featuring an established operator and ease of management.
Property Taxes
| Parcel Number | 176-12-812-003 | Improvements Assessment | $262,412 |
| Land Assessment | $102,455 | Total Assessment | $364,867 |
Property Taxes
