Summit Tavern
Summit Tavern
SEC N Decatur Blvd & W Grand Teton Dr - North Las Vegas, NV 89131
Property Highlights
- New Construction Summit Tavern | 20-Year Absolute Net Lease with no landlord responsibility
- Personal Guarantee from local operator | Tenant has 4 locations in Las Vegas and 1 in Reno
- Tenant benefits from added revenue stream of 15 Gaming Machines. | No competing Taverns within a 2-mile radius
- Subject property is positioned as the main entry point to the new Valley Vista Master Planned Community by D.R. Horton (4,100 new homes)
- Affluent Trade Area | Average Household Income within 1-mile is $117,440
- High Barriers to Entry | Valley Vista contains 21 communities, three parks and walking and biking paths, Valley Vista spans over 2,600 acres.
- Excellent Visibility & Exposure | Located at a signalized intersection which sees 14,535 VPD
Details
- Price: $3,750,000
- Year Built: 2025
- Property Type: Single Tenant
Additional Details
- Price/SF: $750.00
- Cap Rate: 6.00%
- Rentable Area: 5,000 SF
- Lot Size: TBD
- Zoning : C-1 MPC
Address
Open on Google Maps- Address SEC N Decatur Blvd & W Grand Teton Dr
- City North Las Vegas
- State/county Nevada
- Zip/Postal Code 89131
