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Nevada Government·Nevada

Ground Lease

Closes 9/14/2026$1M – $5MRequest for Proposal
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Description

Clark County Department of Aviation is offering a 41.63‑acre property adjacent to Harry Reid International Airport for a ground lease to operate, maintain, and redevelop an existing 9‑hole par‑3 golf course, 80‑bay driving range, clubhouse, restaurant, bar, and related amenities. The lease term may be up to 20 years, with a minimum fixed rent of $65,000 per month plus a percentage of gross revenue and additional capital‑reserve percentages. The lessee must assume responsibility for at least $2 million in deferred maintenance and any further capital improvements, obtain all required licenses, and comply with strict RPZ (Runway Protection Zone) restrictions, height limits, and conservation easement provisions. A mandatory pre‑proposal conference and site tour is required on June 29, 2026; a site‑inspection window is August 10‑14, 2026. Proposers must submit a complete electronic bid via the NGEM system by September 14, 2026. • 41.63 acres located at 6730 S. Las Vegas Blvd., Las Vegas, NV 89119 • Existing 9‑hole par‑3 course, 80‑bay driving range, clubhouse, restaurant, bar, maintenance building • Minimum 20‑year ground lease; $65 k/month base rent + % of gross revenue (plus capital reserve %); 3 % annual rent escalation after year 3 • Required $2 M+ capital investment for deferred maintenance and upgrades (lessee’s cost) • RPZ restrictions: no new structures or height increases without CCDOA/FAA approval • Mandatory pre‑proposal conference (June 29, 2026) and optional inspection (Aug 10‑14, 2026) • Submission deadline: September 14, 2026, electronic only via NGEM • Minimum qualifications: 5 years operating a golf course/driving range with full management, revenue, and POS experience • Lease includes rights for golf, driving range, retail, food‑beverage, special events, and limited gaming (slot machines)

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

[email protected]

Key dates

Opened
6/16/2026
Questions due
7/21/2026
Pre-bid meeting
6/29/2026Mandatory
Site visit
8/10/2026
Closes
9/14/2026
Duration
20 years

Last updated

Details

Type
Request for Proposal
Industry
Sports and Recreation
NAICS
713910
Solicitation №
RFP137-26 Addendum 2

Budget estimate

$1,000,000 – $5,000,000

The lease requires a minimum fixed rent of $65,000 per month ($780,000 annually) plus a percentage of gross revenue. Assuming a modest golf‑course operation generates $2‑5 million in annual gross revenue, the percentage component could add roughly $200,000‑$800,000 per year. After accounting for the required $2 million (or more) capital investment spread over the lease term, the net cash flow to the lessee could range from about $1 million in the first few years (when capital spend is high) to $3‑5 million annually once operations stabilize. Factors influencing the budget include actual revenue performance, the negotiated revenue‑share percentage, escalation of rent after year 3, and the total amount of capital improvements undertaken.

AI estimate from the solicitation

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