Star Loan Center

About This Investment

Star Loan Center – Income-Producing Retail Lending Facility

9620 S Las Vegas Blvd, Las Vegas, Nevada

Star Loan Center is a high-traffic consumer lending and pawn business located along the south end of the Las Vegas Strip. This offering allows investors to purchase fractional ownership in the LLC that owns both the underlying real estate and the operating business.

Offering Details

• The real estate and operating business have been contributed to a newly formed LLC: Star Loan Center Holdings, LLC.
• The current owners, Dale Amos and Shawn Silber, have transferred full ownership of the property and business into the LLC and are selling up to 40% of the LLC’s equity to outside investors.
• Dale and Shawn will retain a combined 60% ownership interest indefinitely and will remain the managing members responsible for day-to-day operations and strategic decisions.
• Investors receive direct fractional equity in the LLC, which includes proportional rights to:
• Net operating profits
• Asset appreciation
• Cash distributions
• Dale and Shawn have committed to an equity buyback in 10 years, targeting a minimum 20% total appreciation for investors over that period.
• There is no brokerage fee or equity exit fee charged when equity is bought back.
• Subject to applicable transfer restrictions, investors may sell their fractional interests on a designated secondary marketplace, if and when such marketplace is made available.

Property and Business Details

Property Address:

Star Loan Center

9620 S Las Vegas Blvd

Las Vegas, NV 89123

Property Type:

Retail – Consumer Lending / Pawn and Collateralized Loans

Building Size:

3,850 sq. ft.

Lot Size:

0.62 acres

Zoning:

C-2 General Commercial

Year Built:

1998 (interior renovation completed in 2021)

Use Summary:

The building houses the entire Star Loan Center operation, including customer lobby, loan counters, appraisal area, vault and secure storage, back-office operations, staff facilities, and a dedicated security room.

Key Features:

• High-visibility retail site on a major Las Vegas corridor
• Estimated traffic count of approximately 54,000 vehicles per day
• Recently renovated interior finishes and fixtures (2021)
• Security-grade doors, bars, and reinforced walls
• Approximately 22 dedicated parking spaces
• Monument and building signage facing S Las Vegas Blvd
• Fully built-out retail floor with surveillance and access control systems
• ADA-compliant entry and restrooms

Financial Overview

Business Profitability (Assumed, Fabricated for Illustration)

• Monthly Gross Revenue: $182,000
• Operating Expenses (including payroll, marketing, utilities, security, etc.): $142,000
• Net Operating Profit: $40,000 per month
• Annualized Net Operating Profit: $480,000 per year

Real Estate and Business Valuation (Fabricated)

• Appraised Property Value (real estate only): $3,850,000
• Implied Total Value (property + operating business): $4,200,000
• Equity Available to Investors: 40%
• Minimum Fraction Price: $50 per fractional unit of LLC ownership

Projected Returns (Modeled)

• Projected Total Annual Return: 14.20%
• Projected Cash Yield (annual cash distributions): 11.40%
• Projected Annual Appreciation: 2.80%

Projected Annual Net Cash Flow to Investors (Modeled)

After management salaries, reserves, and retained earnings:

• Estimated Annual Cash Flow Available for Distribution: $342,000
• Distributions paid pro rata according to each investor’s percentage ownership in the LLC.

Leverage and Capital Structure

• Current Loan Balance: $1,910,000
• Interest Rate: 5.40% (fixed)
• Amortization Period: 20 years
• Estimated Monthly Debt Service: $13,142

Dale Amos and Shawn Silber, as the primary owners and managing members, are responsible for 100% of the loan payments from their share of cash flow. As the loan is paid down, their equity position relative to the property’s value increases over time. Investor equity is non-dilutive and is not reduced by the debt amortization.

Occupancy Status

Star Loan Center is an owner-operated business, not a tenant-driven property.

• Occupancy: 100% owner-user
• Operating history: approximately 12 years
• No third-party tenancy or vacancy risk in the current structure
• Internal leaseback arrangement used for accounting, with the operating business paying an internal rent line item to the property-owning LLC

Location Data 

• Neighborhood rating: A- (retail and commercial corridor)
• Average household income (within 2 miles): approximately $82,420
• High-density mix of retail, hospitality, gaming, and service businesses surrounding the property

Due Diligence Documents 

• Appraisal Report – Star Loan Center, 9620 S Las Vegas Blvd
• 2023–2024 Profit & Loss Statements (Business and Property)
• Building Inspection Report
• Phase I Environmental Site Assessment
• Operating Agreement of Star Loan Center Holdings, LLC
• Internal Leaseback Agreement (Business to Property LLC)
• Nevada Business License Documentation
• Commercial Insurance Policy Summary

Property and Business Updates

Property Update – 01/15/2025

December net operating profit was approximately $41,220, slightly above the modeled monthly average. Loan volume increased due to holiday demand. A minor HVAC repair totaling $683 was completed and paid out of operating funds.

Property Update – 12/12/2024

November net operating profit was approximately $38,900. Management approved and installed four additional high-resolution exterior security cameras at a total cost of $2,450 to further enhance on-site security.

Property Update – 11/10/2024

October net operating profit was approximately $39,740. Customer foot traffic increased by an estimated 12% month-over-month. Loan originations were up 9% during the same period.

Property Update – 10/18/2024

September net operating profit was approximately $40,880. New illuminated signage was installed facing S Las Vegas Blvd to improve visibility for drive-by traffic.

Property Update – 09/06/2024

August net operating profit came in at approximately $39,120. Two additional part-time staff members were hired to manage increased front-of-house volume during peak hours. Management reports that operations remain stable and in line with projections.