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Outback Steakhouse Restaurant
New
For Sale
$6,928,000

7380 S Las Vegas Blvd, Las Vegas, NV 89123

The Las Vegas property is leased on an absolute NNN basis with a corporate guarantee.

Property Size6,205 SF
Days on Market1

Property Features for 7380 S Las Vegas Blvd

General Information

Standard status Active
Size 6,205 SF
Property subtype Retail
Zoning CR - Commercial Resort

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Building Details

Building Size 6,205 SF
Year Built 2005
Tenancy Single
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Patrick Luther · License #01912215
Source: Srsre
Added: Oct 30 Last Checked: Oct 30 at 3:40PM

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 SRS Real Estate Partners - Global Company

Rey
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Investment Insights

Based on property information with market context.

This restaurant property at 7380 S Las Vegas Blvd in Las Vegas, Nevada, was built in 2005 and is zoned CR - Commercial Resort. Outback Steakhouse operates at the site under an absolute NNN lease with a corporate guarantee.

More than five years remain on the lease, which includes four five-year extension options and 1.0% annual increases. The tenant covers property taxes, insurance, and maintenance.

Key Highlights

  • Outback Steakhouse location at 7380 S Las Vegas Blvd, Las Vegas, NV 89123
  • Built in 2005; zoned CR - Commercial Resort
  • Absolute NNN lease with a corporate guarantee

Property Analytics

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Current Use

Outback Steakhouse Restaurant

Suggested Use

Top Pick Barber Shop Daycare Center (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby
Balanced
Demand for This Use

Demographics for 89123, NV

55,584
Population
25,246
Households
2.2
Avg Household Size
42
Median Age
32%
College-Educated
92%
High-School Grad
10.4 sq mi
ZIP Area
5,345
Density / Sq Mi
$80,992
Median Household Income
$46,838
Median Earnings
$1,641
Median Rent
$424,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The Las Vegas property is leased on an absolute NNN basis with a corporate guarantee.
Where is this conventional restaurant located?
The property is located at 7380 S Las Vegas Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $6,928,000.
What are key features of this property?
This property features: Outback Steakhouse location at 7380 S Las Vegas Blvd, Las Vegas, NV 89123; Built in 2005; zoned CR - Commercial Resort; Absolute NNN lease with a corporate guarantee
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