Monday, February 4, 2013

YUM Brands Posts Positive Earnings! That makes the Long John Silver Restaurants in Las Vegas a better than average Net Leased Investment!

According to CNBC.com, Yum Brands posted a positive earnings report.

"Yum Brands - The parent company of KFC and Pizza Hut posted earnings of 83 cents a share, excluding one-time items, on revenue of $4.15 billion, edging past expectations for 82 cents a share on revenue of $4.12 billion. But the company said same-store sales in its China division fell 6 percent and it now expects to post a mid-single digit earnings decline for 2013 from the prior year. Shares fell in after-hours trading." (Reprinted without permission.)

What this means for Las Vegas Commercial Real Estate is that the two Long John Silver restaurants currently available for acquisition in Las Vegas MUST be given a more intense and serious look at because  the corporate lease will tend to be stronger than it already was.

That means that with YUM Brands as your tenant, they are in a positive cash flow situation. And that means these locations are a good buy. So, you should take this published business information seriously BEFORE the property owner raises their Selling Price!

Click on the Long John Silver button in the right column to get the property information. Then, give me a call about writing an offer to acquire them.

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOT.net OR 702-501-9388!

Wednesday, January 23, 2013

Las Vegas Commercial Real Estate Outlook for 2013!

Las Vegas is getting busier Commercial Real Estate Sales wise.

So, do NOT miss out in the opportunities that are currently available and rapidly being bought up!

Please check out this link to the Nevada Business Journal News Story for the details.

http://www.nevadabusiness.com/2013/01/office-retail-markets-show-signs-of-growth-in-fourth-quarter/

Then, after filling up on Las Vegas CRE knowledge, contact me for more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR 702-501-9388!

Thursday, January 17, 2013

David Howes Sells the Las Vegas Dragon Hotel!


Again, That is correct, folks!

This time, after a 75 day escrow, David Howes has SOLD! or Closed Escrow on the Las Vegas Dragon Hotel in which the owner has only been one of David's Clients for a short time now.

The Buyer is an investor who has been quietly acquiring surrounding parcels in this ten block area of east Fremont Street.  The investor has NOT disclosed his plans but I know they are significant that it will change the culture of this down trodden area.

The Sale was for $2 Million and the property will remain open and continued to be operated and managed by the Buyer's entity.

So, here was a Seller, new to David, and David performed to the Seller's satisfaction.  This also means, David can help you, too!

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR 702-501-9388!