1830 West Craig Road
North Las Vegas, NV 89032
Price:
$5,234,000
Cap Rate:
4.50%
NOI:
$235,534
Building Size:
Approx. 3,305 Sq. Ft.
Lot Size:
Approx. 1.27 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fast Casual
Year Built:
2023
Investment Overview
- 2023 Construction. 3,305+/- SF Building on 1.27+/- Acre Site
- Brand New 15 Year Ground Lease W/ 10% Rental Increases Every 5 Years, Including Option Periods
- Near the Signalized Intersection of W Craig Rd (54,600+ VPD) & Camino Al Norte (35,400+ VPD)
- New Prototype Featuring a Double Lane Drive-Thru, The Newest Store Concept Developed in Response to High Consumer Demand
- Subject Property Is Located Across From North Mesa Plaza and Only 2 Miles From North Las Vegas Airport
- Shake Shack Is One of the Fastest Growing Food Chains in the US – 440 Locations With $900M Revenue in 2022
- Las Vegas | The Entertainment Capital of the World | Population: 656,274+