Casino Absolute NNN Ground
1901 Boggess Ln Yakima, WA 98901
For Sale
Contact for pricing
Pending
Class A casino property is offered on an absolute NNN ground lease with a long-term, stable income stream.
Days on Market105
Property Features for 1901 Boggess Ln
General Information
- Standard status
- Pending
- Property subtype
- Hospitality
Listing Agency:
Cardo Realty
Listed By:
Joshua Thomas · License #NV
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 23 at 10:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cardo Realty
Investment Insights
Based on property information with market context.
Cardo Realty is pleased to present for acquisition a Class A, absolute NNN ground lease designed to provide long-term stable income with minimal landlord responsibilities. The ground lease is leased by a wholly owned entity of Maverick Gaming, LLC.
The property operates as Caribbean Casino and card room in Yakima, Washington. The card room gaming designation in Washington is described as difficult to obtain and valuable, and card rooms may have up to 15 tables once approved by state gaming regulators. Operations include table games such as blackjack and Caribbean stud poker, along with Let it Ride, baccarat, and other card games, with live music, bar, and dining offered on-site.
The offering is positioned as best-in-class, absolute NNN with long-term income stability. The public remarks also cite Moody’s rating of B3 and S&P rating of B- for the tenant entity.
The property operates as Caribbean Casino and card room in Yakima, Washington. The card room gaming designation in Washington is described as difficult to obtain and valuable, and card rooms may have up to 15 tables once approved by state gaming regulators. Operations include table games such as blackjack and Caribbean stud poker, along with Let it Ride, baccarat, and other card games, with live music, bar, and dining offered on-site.
The offering is positioned as best-in-class, absolute NNN with long-term income stability. The public remarks also cite Moody’s rating of B3 and S&P rating of B- for the tenant entity.
Key Highlights
- Absolute NNN ground lease for a Class A casino property
- Long‑term, stable income stream with minimal landlord responsibilities
- Leased to a wholly owned entity of Maverick Gaming, LLC (multi‑regional gaming operator)
Property Analytics
Location Intelligence
Current Use by Public Records
Casinos
FAQs
What type of property is this?
Casino - Class A casino property is offered on an absolute NNN ground lease with a long-term, stable income stream.
Where is this casino located?
The property is located at 1901 Boggess Ln Yakima, WA.
What are key features of this property?
This property features: Absolute NNN ground lease for a Class A casino property; Long‑term, stable income stream with minimal landlord responsibilities; Leased to a wholly owned entity of Maverick Gaming, LLC (multi‑regional gaming operator)
