About This Restaurant
Investment Highlights
Well known locals Bar and Grill Off Highway 95 from Las Vegas to Reno Commercial Kitchen Adjacent to Creech Air Force Base 15 slot machines Full operating bar
Executive Summary
Oasis Bar and Grill is a well know establishment in the Indian Springs community. In addition to the local residents, Creech Air Force Base is across Highway 95 and Indian Springs on Highway 95 from Las Vegas to Reno. One additional parcel of land and a building is included in the sale., an .88 acre parcel APN 059-08-610-033 (225 Clark), east of the Bar is zoned C-1 and has an 864 sf office building. The land, Oasis Bar and Grill and the office building are included in the sales price. Income for the Bar and Grill and office are included in the financials.The Bar and Grill is licensed for 15 slots.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Bar Bar General Retail Restaurant Office Office Residential Bar
- Building Size 4,500
- Building Class C
- Year Built 1970
- Price 1,300,000
- Price Per SF 289
- Cap Rate 11.80
- NOI 153,400
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.12
- Land Acres 0.88 AC
Amenities
- 24 Hour Access
- Restaurant
- Air Conditioning
Property Taxes
| Parcel Number | 059-08-610-032 059-08-610-033 | Improvements Assessment | $55,126 |
| Land Assessment | $59,083 | Total Assessment | $114,209 |
| Date Created: | 2024-07-16 04:17:59 | Last Updated: | 2024-07-16 04:17:59 |
| Address: | 283 Clark Ln , Indian Springs, Nevada, 89018 | ||