Showing posts with label Casinos. Show all posts
Showing posts with label Casinos. Show all posts

Saturday, December 8, 2012

Las Vegas "Strip" Property Available For Sale!

There have been a lot of 'hits' on my web site about Las Vegas Casino Properties.  Several even have been searching for "Strip" land.

Fortunately, i do know of a property located on the "Las Vegas Strip" that is For Sale.  (And, I am direct to the owner, too!)

For you first time Las Vegas Casino Property Buyers, the price will seem too high at first.  However, since the property falls under the Clark County Gaming Overlay; and, it is located within the "Resort Corridor," the Owner is being smart in their pricing.

And, the best part of this is: The Owner agreed to compensate me for procuring a Buyer. (This is a very, very rare occurrence when it comes to Las Vegas Strip properties.)

The property is large and will allow for +/-10,000 rooms, a Retail Mall, and has enough frontage along the "Strip" for restaurants or retail shops.  Also, this property is properly located amongst other properties that are all earning +$100 Million in EBITDA annually.

The Non-Circumvent Agreement -- located in the right hand column under Las Vegas Casino Information -- needs to be printed, filled out completely and emailed back to me.  This is necessary so that everyone stays honest with each other.

I have a 1% Fee in there because if this property doesn't fit your acquisition criteria, I would be able to find you another without hesitation.

For more Information about any Las Vegas Resort, Hospitality, Gaming, Commercial Investment Real Estate Property, contact David Howes at: david AT davidhowes DOT net OR 70 25 01 93 88!

Friday, July 20, 2012

Las Vegas Free Standing Restaurant offered at +/-8.4% Cap Rate!

This is NOT going to Last!

This may or may not be your cup of tea, but it is an investment worth a second look.

Popular China Star Restaurant located on Craig Road and very, very near a Walmart Superstore.

Investment Summary:

Offering Price:                $1,990,000
NOI:                                $166,320
Cap Rate:                       8.36%
Lease Term Remaining: 10 Years (This is excellent for a free standing investment.)

Location:                         1075 W. Craig Road, North Las Vegas, NV 89032
        Home Depot Anchored Shopping Center Pad

Sale Highlights

•             Safe and Secure Investment:  Tenant has been at this location since the property                 was built in 2007
•             NNN Lease (No Landlord Responsibilities)
•             Over 10 years remaining on their initial lease term
•             Home Depot Outparcel: Located in a very busy retail district
•             Adjacent to Revere Marketplace, which is anchored by Home Depot, PetSmart,                     and Office Depot.
   This has excellent exposure on high traffic Craig Road -- which is one of the busiest               east/west thoroughfares in the Las Vegas MSA.
   Shopping Center has its own signalized intersection!



Google Earth the site’s address to see the surrounding amenities/properties.


For more Information about Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR 70 25 01 93 88