PT’s Gold – Las Vegas NV

  • NE-Oblique-WEBSITE

Available $3,676,909 - Retail - Single Tenant
Cap Rate:  5.50%Size:  5,350 SFTerm:  10 Years Print

 Investment Offering & Highlights

  • BRAND NEW CONSTRUCTION: Under construction, due to be completed in Q4 2018, 10+ year NNN Lease, 10% rent increases every 5 years and during options.
  • GUARANTEED BY GOLDEN ENTERTAINMENT, INC.: $1.3 Billion in Assets, $503 Million in Revenues (2017), PT’s Gold – Largest Tavern operator in the state of Nevada, 24 Hour location
  • EXCELLENT RETAIL DEMOGRAPHICS: Population of 10,313 & Average household income of $73,058 in a 1 mile radius
  • HIGH TRAFFIC LOCATION Hard corner, signalized intersection, 48,000 VPD at intersection, Close proximity to I-215 (164,000 VPD) and I-15 (146,000 VPD)
  • HIGH GROWTH MARKET Population in the trade area has increased by ~17% since 2010, Population is projected to increase by an additional 10%+ by 2022
  • STRATEGIC LOCATION Huge daytime population ~126,000 within a 3 mile radius,  Located adjacent to 2.4 Million square feet of Technology, Warehousing and Data Centers
  • Offering Memorandum

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Property Location