1220 Stufflebeam Ave - Retail FOR SALE


Henderson, NV 89011- Midway
$4,762,105 USD
702-340-9490
1220 Stufflebeam Ave, Henderson, NV for Sale
$4,762,105 USD
Retail - FOR SALE
1/12
null | 4.75% Cap Rate

1220 Stufflebeam Ave
Henderson, NV 89011
Midway


HIGHLIGHTS

  • Brand-New 15-Year NNN Lease with Options
  • Corporate Guaranty by Station Casinos LLC
  • New Construction with Estimated Q3 2025 Delivery
  • Privileged Restricted Gaming License for 15 Machines
  • Prime Growth Location in 130-Acre Union Village Master Plan
  • Strong Demographics with ± 326,239 residents and $100K+ incomes within 5 miles

OVERVIEW

The Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire the Seventy Six tavern by Station Casinos @ Union Village, a single-tenant, triple-net leased investment located in the rapidly growing City of Henderson. This is a first-of-its-kind investment opportunity, as Station Casinos dives into the tavern market to complement its local casino operations. Positioned within the 130-acre Union Village master-planned development, the property benefits from strong traffic driven by newly-developed residential, medical, and commercial properties. This newly constructed ± 6,500 square foot tavern is leased to Station Casinos—Las Vegas’ dominant local gaming operator, with 17 properties and over four decades of operational history. The property is backed by a brand-new 15-year NNN lease with rent escalations every five years and a full corporate guaranty from Station Casinos LLC, providing stable, long-term cash flow with minimal landlord obligations. As a further commitment to the site, the tenant is investing significant capital into the interior build-out and tenant improvements. Additionally, the property benefits from a restricted gaming license for 15 machines—a rare and privileged entitlement in Southern Nevada that provides meaningful revenue and long-term tenant commitment. The Union Village development continues to expand and currently includes Henderson Hospital, Henderson Medical Plaza, Las Vegas Athletic Club, and over 750 new apartment units, creating a dense and growing customer base within immediate proximity. The Seventy Six @ Union Village represents a rare opportunity to acquire a stabilized, high-performing gaming asset with a proven operator in one of Las Vegas’s most desirable and high-growth trade areas.

FOR SALE DETAILS

PRICE

$4,762,105 USD

PRICE/SF

$733 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Seventy Six by Station Casinos

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Planned Community (PC)

APN/PARCEL ID

161-34-810-040

ASK ABOUT THIS PROPERTY

Gino VincentLogic Commercial Real EstateMore Info
702-340-9490

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Gino VincentLogic Commercial Real EstateMore Info
702-340-9490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.