7325 W Warm Springs Rd - Restaurant FOR SALE


Las Vegas, NV 89113- South Las Vegas
$5,350,000 USD
702-340-9490
7325 W Warm Springs Rd, Las Vegas, NV for Sale
$5,350,000 USD
Restaurant - FOR SALE
1/10
null | 5.26% Cap Rate

7325 W Warm Springs Rd
Las Vegas, NV 89113
South Las Vegas


HIGHLIGHTS

  • Single-Tenant NNN Investment: Brand-new 12-year NNN lease with 3% annual increases starting in year 5 and minimal landlord responsibilities.
  • Established & Experienced Operator: The Bar Las Vegas is a well-established local tavern chain with seven successful Las Vegas Valley locations.
  • Creditworthy Tenant: Personally guaranteed lease by experienced operators, offering strong financial backing and accountability.
  • Privileged Gaming License: Includes a highly desirable Nevada restricted gaming license for 15 machines.
  • Strong Demographics: Located in a high-income, densely populated area with over 363,000 residents within 5 miles.
  • High-Visibility Location: Positioned at a signalized corner with excellent access and proximity to major developments and freeways.

OVERVIEW

Real Estate Sale - Do not disturb tenant. The Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire The Bar @ Warm Springs & Tenaya, a single-tenant, triple-net leased investment opportunity located in the thriving Southwest Las Vegas submarket. Strategically positioned at the signalized, hard corner of Warm Springs Road and Tenaya Way, the property offers outstanding visibility, accessibility, and exposure to both daytime and evening traffic. This ± 7,227 square foot tavern is leased to a seasoned local operator—the Wickman brothers, principals of a well-established tavern group with seven successful locations across the Las Vegas Valley. The offering includes a brand-new 12-year NNN lease with personal guarantees from the tenant, providing long-term cash flow and minimal landlord obligations. 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 surrounding area features significant commercial and residential developments with a population exceeding 363,824 and average household incomes over $113,144 within a 5-mile radius. The Bar @ Warm Springs & Tenaya provides 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. *Price based on Year 3 NOI; seller to credit buyer rent difference at closing

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$740 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bar @ Warm Spring & Tenaya

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Neighborhood Commercial

APN/PARCEL ID

176-10-512-001

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.