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