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    7315 W Warm Springs Rd Las Vegas, NV 89113

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    For Sale
    $5,350,000

    Single-tenant bar with a 12-year NNN lease.

    Property size:
    7,227 SF
    Lot size:
    1.80 Acres

    Property Features for 7315 W Warm Springs Rd

    General Information

    Size
    7,227 SF
    Lot size
    1.80 Acres

    Source: Logic Commercial Real Estate | Las Vegas Agent Gino Vincent

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bar with Gaming License Available

    The property is a 7,227 square foot tavern located at the signalized corner of Warm Springs Road and Tenaya Way in Southwest Las Vegas. It is currently leased to a local operator with multiple locations across the Las Vegas Valley. The offering includes a new 12-year triple-net lease with personal guarantees. The property benefits from a restricted gaming license for 15 machines. The surrounding area features commercial and residential developments with a population exceeding 363,824 and average household incomes over $113,144 within a 5-mile radius. This single-tenant property is suitable for bars, restaurants, retail, and specialty purposes.
    Location Intelligence

    Current Use by Public Records

    Citrus Grill & Lounge Mediterranean Restaurant A Lot More 4 ... Furniture Store Blue Clouds Smoke ... Vaporizer Store Japaneiro asian infusion Asian Fusion Restaurant Bitcoin ATM Las ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Citrus Grill & Lounge, The Bar @ Warm Springs & Tenaya, Casa Gallegos Card Room, Born And Raised® Las Vegas, PT's Gold

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.25135
    Latitude
    36.055197

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    FAQs

    What type of property is this?
    Bar - Single-tenant bar with a 12-year NNN lease.
    Where is this bar located?
    The property is located at 7315 W Warm Springs Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $5,350,000.
    What are key features of this property?
    This property features: - New 12-year NNN lease with personal guarantees, providing long-term cash flow.; - **Restricted gaming license for 15 machines, a rare and valuable entitlement in Southern Nevada.**; - Leased to a seasoned local operator with seven successful locations in Las Vegas.
    (702) 340-9490
    Request Owner's contact information
    7315 W Warm Springs Rd Las Vegas, NV 89113
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    Las Vegas, NV 89113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7315 W Warm Springs Rd Las Vegas, NV 89113
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