Nevada Tavern Advisor
Gaming Property Specialist
For over 20 years, John Mendoza has specialized in representing Buyers and Sellers in the acquisition and disposition of gaming properties in Nevada, with a focus on Single tenant NNN commercial real estate investment sales.
Whether you're a Buyer or Seller, John Mendoza can help you achieve your Real Estate goals and maximize your Commercial Tavern or Gaming investment.
Contact me today to inquire about how I can assist with your Commercial Real Estate needs.
Representing some of Nevada's largest Tavern operators as well as independently owned Tavern operators since 2002
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Identify New Location(s) / Tenant and Landlord Leasing Representation
NNN Leased Gaming Properties for purchase or Sale
Build-to-Suits / Locate Vacant Tavern buildings for Sale or Lease
NO COST Confidential Brokers Price Opinion
FOR SALE
LEASED
NEW LOCATIONS AVAILABLE!!! CONTACT ME FOR LIST OF SITES
A SAMPLE OF PROPERTIES TRADED
PT'S Pub Gold (NASDAQ:GDEN)
& adjacent 0.86 ac. parcel
6610 S. Ft. Apache,
Las Vegas, NV 89148
Value-Add Investment sale
$4,675,000 / 5.77 CAP
PT'S Gold Tavern (NASDAQ:GDEN)
690 S. Green Valley Parkway
Henderson, NV 89052
NNN Leased
$4,363,635.00 / 5.5 CAP
PT'S Gold Tavern (NASDAQ:GDEN)
9732 W Maule Ave.
Las Vegas NV 89148
NNN Leased
$3,500,000 / CAP: 5.75%
Sierra Gold (NASDAQ:GDEN)
Tavern anchored Multi-Tenant Retail
2400 N. Buffalo Dr.
Las Vegas, NV 89128
NNN Leased
$5,470,000 / 6.1 CAP
PT’s Casino (NASDAQ:GDEN)
NNN Leased
7200 West Lake Mead Boulevard
Las Vegas, NV 89128
$3,100,000 / 6.15 CAP
PT’s Gold Tavern (NASDAQ:GDEN)
NNN Leased
3835 West Martin,
Las Vegas, Nevada 89118
$2,500,000 / 6 CAP
Sierra Gold Tavern (NASDAQ:GDEN)
NNN Leased
1341 W. Warm Springs Rd,
Henderson, NV 89014
$6,800,000 / 6.23 CAP
PT'S Pub Gold Tavern (NASDAQ:GDEN)
5630 S. Hualapai Way
Las Vegas NV 89148
$4,200,000 / 5.8 CAP
Shucks III Tavern
7155 N. Durango Road
Las Vegas, NV 89129
$3,000,000 / 6 CAP
TGI - Fridays Rebranded / Home Field
4570 W. Sahara Avenue
Las Vegas, NV 89102
$3,200,000 / NO CAP
PT’S Pub Gold
4880 W. Silverado Ranch Blvd,
Las Vegas NV 89139 / Investment Sale
$3,486,000 / 5.9 CAP
PT'S Pub Gold Tavern
3470 E. Sunset Road
Las Vegas, NV 89111
$3,880,000 / 5.3 CAP
Clark County Property Requirements to Qualify for Gaming
Clark County Department of Business License & Gaming Licensing issues privileged restricted licenses to qualified applicants who successfully submit a liquor license application packet and/or gaming license application packet.
Gaming licenses are categorized within the North American Industry Classification
System (NAICS). Qualified Operator(s) / Applicants include:
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NAICS CODE: 713290 (Slot Route Operators)
A gaming slot operator is a business that operates, leases, rents, places or installs slot machines or other mobile gaming machines for a fixe amount or percentage, or other consideration, on premises that are owned or operated by another person, business, or entity.
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CLASS A SLOT MACHINE LICENSE
This license permits the operation of fifteen (15) or fewer slot machines incidental to the primary business at the following establishments.
NAICS CODE: 445300 (Package Liquor Store) Liquor stores must have at least 1,200 square feet devoted exclusively to the sale of liquor and related items including magazines, newspapers, tobacco products and snack foods. Minors are not permitted in liquor stores.
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NAICS CODE: 445110 (Grocery Store) Grocery stores must have over 6,000 square feet devoted to the display of food and merchandise.
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NAICS CODE: 445120 (Convenience Store) Convenience stores must have at least 1,200 square feet, but not more than 6,000 square feet devoted to the display of food and merchandise and at least one public restroom.
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NAICS CODE: 446110 (Drug Store/Pharmacy) “Drug store" means the business of apothecary or druggist or pharmacy where drugs or medicines are compounded or dispensed by state-licensed pharmacists and may include grill and fountain services and retail sales of sundries such as stationery, magazines and cosmetic and health items.
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NAICS CODE: 446110 (Drug Store/Pharmacy) “Drug store" means the business of apothecary or druggist or pharmacy where drugs or medicines are compounded or dispensed by state-licensed pharmacists and may include grill and fountain services and retail sales of sundries such as stationery, magazines and cosmetic and health items.
NAICS CODE: 713998 (Billiard/Pool Hall) Any business providing a place to engage in the sport of billiards, pool, snooker, or similar games.
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NAICS CODE: 453220 (Gift Store) "Gift store" means a retail store located in an H-1 or H-2 zoning district which sells souvenirs, magazines, candy and gifts primarily to tourists. A gift store must maintain at least fifty-one percent of its retail floor space dedicated to the sale of souvenirs, magazines, candy and gifts not otherwise definable as groceries. Class A Slot Machine License Limited to not more than five (5) slot machines:
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NAICS CODE: 722511 (Food Services-Full Service Restaurants with Full Service Bar or Lounge).
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UNSUITABLE LOCATIONS FOR GAMING LICENSES:
The following locations are deemed unsuitable for gaming licenses: Laundromats Movie theatres and professional offices Restaurants Fast food establishments Retail stores except grocery stores, gift stores, drugstores, package liquor stores, billiard parlors, & convenience stores.
