Las Vegas Corp. Guaranteed NNN SNTL Building (NASDAQ:GDEN)

  • Home
  • /
  • Property
  • /
  • Las Vegas Corp. Guaranteed NNN SNTL Building (NASDAQ:GDEN)

Las Vegas Corp. Guaranteed NNN SNTL Building (NASDAQ:GDEN)

6610 S Fort Apache Rd, Las Vegas, NV 89148, USA
529-Pts-gold
529-Pts-gold

6610 S Fort Apache Rd, Las Vegas, NV 89148, USA

6610 S Fort Apache Rd, Las Vegas, NV 89148, USA

JohnMendoza

JohnMendoza

Listed By

vegaslandbroker@yahoo.com

Contact Listing Broker





Price: $4,875,000

Cap Rate 5.3 %

NOI $ 258271.86

Cash-on-Cash 5.3 %

Pro Forma Cap Rate 5.3 %

Development Type Retail

Building Size 6000 sqft

Lot Area 0.66 acre

Occupancy 100 %

Class A

Year Built 2006

Zoning C-1

Permits Yes

Parking Spots 50

Gross Leaseable area 6000

Contruction Status Built

Parking Ratio 5:1

Freight Elevator n/a

Number of Elevators n/a

Roof Tile / Asphalt

HVAC 4

Floor 1

Restrooms 4

View Area Map

Investor / Landlord Opportunity – Corporate Guaranteed NNN Leased – Free standing Single Tenant Tavern. Tenant shall be solely and directly responsible for all taxes, insurance, maintenance, repair, and replacements at the property.

RENT SCHEDULE:
7/1/2019 / $21,840.72 mo. $258,271.86 Annual Income
7/1/2020 / $22,495.95 $266,020.02 – 2.5% annual increases
7/1/2021 / $23,170.82 $274,000.62
7/1/2022 / $23,865.95 $282,220.62
7/1/2023 / $24,581.93 $290,687.28
7/1/2024 / $25,319.38 $299,407.86 – 3% annual increases
7/1/2025 / $26,078.96 $308,390.04
7/1/2026 / $26,861.33 $317,641.74
7/1/2027 / $27,667.17 $327,171.00
7/1/2028 / $28,497.19 $336,986.16
7/1/2029 / $29,352.11 $347,095.80
7/1/2030 / $30,232.67 $357,508.68
For complete information on the on the publicly traded Tenant / Operator / Guarantor including holdings, operations and financial reports please see: http://www.goldenent.com/

PROPERTY HIGHLIGHTS

  • (NASDAQ:GDEN) Corporate Guaranteed Lease - Expires 2031 with (3) Three (5), five-year options to extend
  • 2.5% annual increases / Increasing to 3% annual increases in July 2024
  • Tenant shall be solely and directly responsible for all taxes, insurance, maintenance, repair, and replacements.
  • Valuable Privileged 15 Slot Gaming License runs with the property / No similar use within 2,500'
  • No income tax state

6610 S Fort Apache Rd, Las Vegas, NV 89148, USA