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W Craig Rd & N Rancho Dr

Las Vegas, NV 89130

$1,630,000

Freestanding For Sale  •  825 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 825 Sq Ft
  • Lot Size 0.33 ac
  • Building Class B
  • Year Built 2019
  • Cap Rate 5.00 %
  • Tenancy Single
41 Transit Score
65 Walk Score

Description

LARGEST-PRIVATELY-HELD DRIVE-THRU COFFEE COMPANY IN THE U.S.
NEW 2019 CONSTRUCTION
» Long-term net lease with fixed rent increases
» Expected opening - end of Q2 2019
DENSE IN-FILL POPULATION
» 151,140 population in a 3 mile radius
HIGH TRAFFIC LOCATION
» Positioned with access and visibility on a high-traffic signalized intersection ~55,000 vehicles per day
HIGH GROWTH MARKET
» Population has increased by over 9% since 2010, and is projected to continue to grow by an additional 8% thru 2023
STRATEGIC LOCATION
» Rancho Drive serves as a major north-south retail corridor connecting North Las Vegas to the World Famous Las Vegas Strip
» Close freeway proximity – 1.2 miles to Hwy 95
» Nearby tenants include Lowe’s, Walmart Neighborhood Market, Auto Zone, K-Mart, Planet Fitness, Starbucks, Taco Bell, O’Reilly Auto Parts, Wendy’s, etc.
» Located 11 miles from the Las Vegas Strip, and 7 miles from Downtown Las Vegas

Highlights

HIGH GROWTH MARKET
DENSE POPULATION
NEW 2019 CONSTRUCTION

Property Flyers

Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dutch Bros 825 SF 6/30/2034

Amenities

  • Air Conditioning
  • Bus Line
  • Dedicated Turn Lane
  • Signage
  • Drive Thru
Chuck Klein 858-546-5400 Cushman & Wakefield
Chuck Klein 858-546-5400 Cushman & Wakefield