2732 Craig rd - Retail FOR SALE


North Las Vegas, NV 89031
$4,475,000 USD
702-561-5721
2732 Craig rd, North Las Vegas, NV for Sale
$4,475,000 USD
Retail - FOR SALE
1/4
null | 5.25% Cap Rate

2732 Craig rd
North Las Vegas, NV 89031


HIGHLIGHTS

  • Absolute NNN: zero landlord responsibilities
  • Brand new construction - 2025 completion
  • Long term primary lease - 20 years remaining
  • Strong personal guaranty (ask Broker for more details)

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a brand-new Absolute NNN lease investment tenanted by Slim Chickens, a rapidly expanding fast-casual restaurant brand specializing in hand-breaded chicken tenders and Southern-inspired fare. The newly constructed property is secured by a 20-year primary lease with 10% rent increases every five years and zero landlord responsibilities. This offering provides investors with a more passive, inflation-hedged income stream backed by a strong personal guaranty. Founded in 2003 in Fayetteville, Arkansas, Slim Chickens has grown from a single restaurant into one of the fastest-growing concepts in the “better-chicken” category, with over 300 locations worldwide and more than 1,200 additional units in development. The brand reports average unit volumes of approximately $3.8 million and same-store sales growth of nearly 40% over the past four years, reflecting its strong consumer appeal and operator performance. The tenant, Desert Slims, LLC, is led by veteran restaurateur Dennis Ekstrom, who brings nearly 50 years of restaurant experience, including 30 years in franchising. The franchise group operates 26 restaurants across New Mexico, Arizona, and Texas under the Slim Chickens, Denny’s, and Del Taco brands. For more information, visit www.slimchickens.com. Strategically located along Craig Road, one of North Las Vegas’s busiest east–west arterials with traffic counts exceeding 44,500 vehicles per day, the property benefits from excellent visibility and access within a thriving retail corridor. Surrounding national tenants include Walmart Supercenter, Sam’s Club, Home Depot, Lowe’s, Target, In-N-Out Burger, Starbucks, Dutch Bros, and Ross Dress for Less, among others. The immediate trade area is home to over 458,000 residents within five miles, with average household incomes exceeding $101,000 within three miles. North Las Vegas continues to experience strong residential and commercial expansion, supported by a diverse economic base and strategic location within the Las Vegas Valley. This offering represents a great opportunity to acquire a brand-new, long-term Absolute NNN Slim Chickens investment in one of North Las Vegas’s most desirable and high-growth corridors—providing investors with stable income and strong brand fundamentals in a high quality Nevada market.

FOR SALE DETAILS

PRICE

$4,475,000 USD

PRICE/SF

$1,161 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slim Chickens

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

139-05-621-001

ASK ABOUT THIS PROPERTY

Dan HubbardCushman & WakefieldMore Info
702-561-5721

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Dan HubbardCushman & WakefieldMore Info
702-561-5721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.