$3,528,000 USD
844-585-7677
2650 W Sahara Ave
Las Vegas, NV 89102
Rancho Oakey
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
FOR SALE DETAILS
PRICE
$3,528,000 USD
PRICE/SF
$1,088 USD /SF
CAP RATE
4.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
McDonald’s Ground Lease | Las Vegas, NV
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
0.24 AC
LAND SF
10,454 SF
ZONING
C-1
APN/PARCEL ID
162-05-818-001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
844-585-7677
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
844-585-7677
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
