Triple Net Leased Tavern
30 Pacific Ave Henderson, NV 89015
30 Pacific Ave, Henderson, NV, 89015
Contact for pricing
For Sale
Contact for pricing
Single-tenant tavern investment with a 7-year triple net lease and up to 15 gaming machines.
Property Size4,072 SF
Price / SF$584.97
Days on Market118
Property Features for 30 Pacific Ave
General Information
- Standard status
- Active
- Size
- 4,072 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing Agency
LOGIC Commercial Real Estate
(702) 954-4172
Listed by
Gino Vincent · License #BUSB.0000189.DES
Source
Crexi
Added: Mar 26 Updated: Jul 20 at 5:14 pm Checked: Jul 20 at 5:14 pm
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 LOGIC Commercial Real Estate
Investment Insights
Based on property information with market context.
The Vincent Advisory Group of LOGIC Commercial Real Estate presents the opportunity to acquire Dotty’s W. Pacific, a single-tenant, triple net leased tavern property. The recently renovated building is approximately 4,072 square feet and was brought to shell condition before being built out with tenant improvements for Dotty’s. The property is secured by a recently executed 7-year triple net lease, with the tenant responsible for landlord responsibilities.
The asset includes a Nevada restricted gaming license for up to 15 gaming machines. The lease is held by Nevada Restaurant Services, Inc., the corporate entity behind Dotty’s. The offering also notes the tenant’s long-term commitment following the interior build out and capital investment.
Additional details are available through the offering materials. Please do not disturb the tenant.
The asset includes a Nevada restricted gaming license for up to 15 gaming machines. The lease is held by Nevada Restaurant Services, Inc., the corporate entity behind Dotty’s. The offering also notes the tenant’s long-term commitment following the interior build out and capital investment.
Additional details are available through the offering materials. Please do not disturb the tenant.
Key Highlights
- Recently renovated ±4,072 SF single‑tenant tavern property in Henderson, Nevada (Downtown Water Street District).
- Secured by a recently executed 7‑year triple net lease with Nevada Restaurant Services, Inc.
- Lease is for Dotty’s W. Pacific, a tavern concept operated by an established Nevada gaming operator founded in 1991.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.3k | $34.20 |
| − Vacancy | −$6.1k | −$1.50 |
| EGI | $133.1k | $32.70 |
| − OpEx | −$33.3k | −$8.17 |
| NOI | $99.9k | $24.52 |
4,072 SF · lease $34.20/SF/yr · vacancy 4.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.66M
NOI $99,851 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Liquid Grip
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Fraternal Order of Eagles #2672 — 310 Pacific Ave, Henderson, NV 89015
- Sticks Tavern — 203 S Water St #100, Henderson, NV 89015
- Azzurra Wine Bar — 314 S Water St, Henderson, NV 89015
- The Silver Bar — 140 S Water St, Henderson, NV 89015
- Bourbon Street Casino — N Major Ave, Henderson, NV 89015
FAQs
What type of property is this?
Bar & Pub - Single-tenant tavern investment with a 7-year triple net lease and up to 15 gaming machines.
Where is this bar & pub located?
The property is located at 30 Pacific Ave Henderson, NV.
What is the asking price?
The asking price for this property is $2,382,000.
What are key features of this property?
This property features: Recently renovated ±4,072 SF single‑tenant tavern property in Henderson, Nevada (Downtown Water Street District).; Secured by a recently executed 7‑year triple net lease with Nevada Restaurant Services, Inc.; Lease is for Dotty’s W. Pacific, a tavern concept operated by an established Nevada gaming operator founded in 1991.
