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2650 W Sahara Ave
Las Vegas, NV 89102 Rancho Oakey

$3,528,000 USD

Fast Food For Sale  •  3,243 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,243 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1996
  • Cap Rate 4.15 %
  • Tenancy Single
  • Zoning C-1
50 Transit Score
60 Walk Score

Highlights

Corporate Guaranteed McDonald’s Ground Lease
Recent lease extension through December 2035 (10-year term); tenant has operated at the shopping center since 1999 (27 years)
Absolute NNN corporate ground lease
Three 5-year options with 10% rental increases every five years providing a hedge against inflation
Top-Performing QSR in the State of Nevada: McDonald’s Top 8% within the QSR category in Nevada (Placer.ai)
Proven Location: 27-year track record of success; the store was remodeled in 2021 to McDonald’s latest prototype speaking to the strength of location
Cap Rate: 4.15 %

Major Tenants

Tenant SF Occupied Lease End Date
McDonald's 12/31/2010

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Harry Reid International 13 min - 5.7 mi
Boulder City Municipal 37 min - 26.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes
Edward Hanley 844-585-7677 Hanley Investment Group
Edward Hanley 844-585-7677 Hanley Investment Group