2992 W Cheyenne Ave North Las Vegas, NV

Listing office Logic Commercial Real Estate | Las Vegas Show Phone

Listing date Jul 31, 2025

Source Moodyscre

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Investment Insights

Based on property information with market context.

The property, WSKY Bar + Grill – Cheyenne, is a single-tenant, triple-net leased investment situated along Cheyenne Avenue in North Las Vegas. It is located just off the corner of Cheyenne Avenue and Simmons Street, benefiting from traffic counts of approximately 35,500 cars per day and connectivity to US-95 and I-15. The property is subject to a new 10-year lease, providing long-term cash flow with minimal landlord obligations, and is backed by a corporate guaranty. The guarantor, JETT Gaming, LLC, an affiliate of Terrible’s brand, operates approximately 13 tavern and casino properties across Nevada and manages gaming operations for hundreds of third-party locations. This is the 8th tavern operated by JETT Gaming. The tenant purchased the tavern last year and renovated the property. The property includes a restricted gaming license for 15 machines. The surrounding area has a population of nearly 502,394 and an average household income exceeding $89,717 within a 5-mile radius. The property size is 7,860 square feet.

Key Highlights

• Brand‑new, 10‑year triple‑net lease provides long‑term cash flow.
• Corporate guaranty from JETT Gaming, LLC, an affiliate of Terrible’s brand.
• Restricted gaming license for 15 machines - a rare privilege.

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FAQs

What type of property is this?

Bar & Pub - Single-tenant, triple-net leased investment opportunity in North Las Vegas.

Where is this bar & pub located?

The property is located at 2992 W Cheyenne Ave North Las Vegas, NV.

What is the asking price?

The asking price for this property is $4,591,300.

What are key features of this property?

This property features: Brand‑new, 10‑year triple‑net lease provides long‑term cash flow.; Corporate guaranty from JETT Gaming, LLC, an affiliate of Terrible’s brand.; **Restricted gaming license for 15 machines** - a rare privilege.