STNL WSKY Bar + Grill 2992 W Cheyenne Ave 7,860 SF Retail Building North Las Vegas, NV 89032 $7,015,862 CAD ($892.60 CAD/SF) 5.25% Cap Rate

*Reduced Asking Price*
The Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire WSKY Bar + Grill – Cheyenne, a single-tenant, triple-net leased investment located along the highly-trafficked Cheyenne Avenue corridor in North Las Vegas. Positioned just off the signalized, hard corner of Cheyenne Avenue and Simmons Street, the property benefits from strong traffic counts of ± 35,500 cars per day and excellent connectivity to both US-95 and I-15.
The offering features a brand-new, 10-year lease, providing long-term cash flow with minimal landlord obligations and is backed by a strong corporate guaranty. The guarantor, JETT Gaming, LLC, an affiliate of the well-known Terrible’s brand, owns and operates ± 13 tavern and casino properties across Nevada and manages gaming operations for hundreds of third-party locations including Albertson’s, VONS, and Safeway. This is the 8th tavern operated by JETT Gaming with more locations in the pipeline. The tenant recently purchased the tavern last year and invested additional capital into renovating the property, demonstrating its commitment to the site. 
Additionally, the property benefits from a restricted gaming license for 15 machines—a rare and privileged entitlement in Southern Nevada that provides meaningful revenue and long-term tenant commitment. The surrounding area offers strong demographics, with a population of nearly 502,394 and average household income exceeding $89,717 within a 5-mile radius.
WSKY Bar + Grill – Cheyenne offers a rare opportunity to acquire a stabilized, corporate-backed gaming asset in a high-traffic corridor of North Las Vegas.