JUST LISTED!

LUCKY'S LOUNGE | 15-YEAR SALE LEASEBACK

8025 FARM RD., LAS VEGAS, NV 89131

$3,395,000

Offering Price

$195,221

Net Operating Income

5.75%

Cap Rate

INVESTMENT HIGHLIGHTS

SALE LEASEBACK INVESTMENT OPPORTUNITY:

Lucky’s Lounge & Restaurant provides investors with an easy to manage, single-tenant, triple-net tavern investment featuring a brand new 15-year lease.

ESTABLISHED TAVERN OPERATOR:

The property has been owned and operated by Daniel Kouretas since 2005. Mr. Kouretas has operated a second tavern under the Lucky’s brand since 2006 and recently got approved for his 3rd and 4th tavern location as he continues to build the Lucky’s brand throughout Nevada.

PRIVILEGED GAMING LICENSE:

The site features a highly desirable Nevada restricted gaming license for 15 gaming machines, which is in high demand throughout the Las Vegas valley. These licenses must meet specific location requirements restricting new tavern sites and controlling competition.

SUPERIOR LOCATION & ACCESSIBILITY:

Lucky’s Lounge is located in the desirable northwest Las Vegas submarket in Centennial Hills near the signalized intersection of Farm Rd. and Cimarron Rd. with proximity to both the US-95 Freeway and the CC-215 Beltway.

VINCENT ADVISORY GROUP

Investment Sales & Tavern Properties

The Vincent Advisory Group specializes in commercial property investment sales spanning all product types as well as gaming and tavern properties. Please contact us for a Broker Opinion of Value or to discuss your acquisition criteria.