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Maddy’s Tavern & Fun Hog Ranch

Las Vegas, NV

$1,575,000

501 & 495 E Twain Avenue
Las Vegas, NV

CAP RATE: 6.25%

SF: 5,178

TYPE: Retail

STATUS: Available

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Property Highlights

  • Located less than a 1 mile from The World Famous Las Vegas Boulevard, The Las Vegas Convention Center (5.8M+ convention attendees
    in 2015), The University of Las Vegas Nevada (28,600 registered students in 2015), The Boulevard Mall (1.1M SF Super Regional Mall)
    and The Hughes Center (1.3M SF of Class A Office).
  • Stable Investment – Both tenants have occupied the property for more than 10 years, have established a solid clientele base, and continue
    to experience high levels of foot traffic in and out of their taverns.
  • Maddy’s and Fun Hog Ranch are two exceptionally strong taverns. Fun Hog Ranch received the Neighborhood Bar of the Year award in
    2015.
  • The two tenants offer a combined total of thirty (30) video poker machines for gaming entertainment.

Contact an agent:

Cathy Jones
CEO Investment Services Group
Office: (702) 968-7320
Mobile: (702) 595-8765
CathyJ@suncommercialre.com

Roy Fritz
Senior Vice President Investment Services Group
Office: (702) 968-7322
Mobile: (702) 482-9675
RoyF@suncommercialre.com

Jessica Cegavske
Vice President Investment Services Group
Office: (702) 968-7321
Mobile: (702) 326-1590
JessicaC@suncommercialre.com

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The Offering

Sun Commercial Real Estate is pleased to present an exceptional opportunity to acquire two tavern buildings situated on a single 0.86 acre parcel. 501 E. Twain Avenue is occupied by Maddy’s Tavern who has operated out of the site since 2004. This tenant has a limited gaming license and offers their patrons 15 video poker slot machines. Their lease expires September 30th, 2019 and includes annual CPI increases.