Prime Location in a Growing Corridor: Situated on E Craig Rd with direct visibility from N Lamb Blvd, this property sees nearly 90,000 vehicles per day. Its strategic location near major employers and expanding residential developments supports a strong and growing customer base.
Robust Lease Structure: Featuring a 10-year net lease with Wingstop and a 15-year net lease with Wendy’s, the asset offers passive income with minimal landlord responsibilities. Built-in rental escalations provide reliable and consistent NOI growth over time.
Demographics Reflecting Strong Demand: The five-mile trade area encompasses a population of 336,696, with projected growth of 4.3% by 2029. High-income households in the area support a thriving retail environment aligned with Starbucks’ and other national brands' target markets.
Newly Renovated Asset: Renovated in 2024, the property includes a modern drive-thru, ample parking, and energy-efficient upgrades—meeting the operational and branding standards of both tenants and reducing future capital expenditure needs.
Surrounded by Key Traffic Drivers: Located near Nellis Air Force Base (home to 12,000+ personnel) and a dense concentration of retail establishments, the site benefits from consistent foot traffic and strong year-round visibility.
Strong Investment Market: North Las Vegas continues to experience rapid growth in residential, industrial, and commercial sectors, driven by favorable business conditions and sustained population increases—making this a prime opportunity in a high-demand market.