LINK TO OM: https://logiccre.com/1031_properties/4309-w-craig-rd-las-vegas-nv-89032/
The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer qualified investors the opportunity to acquire a Fabulous Freddy’s Convenience Store & Car Wash, Valvoline Lube Shop, and Shell Gas Station. The Property is comprised of ±10,998 SF of building area situated on ±1.62 acres at the signalized southwest corner of W. Craig Rd. and Valley Dr. Built in 2006 as a build-to-suit, the Property is equipped with 4 MPD’s / 8 fuel positions, convenience store, a quick-service 3-bay lube shop, a car wash tunnel, a full-service car wash station, and a restricted gaming license with 7 slot machines. The lease is structured as an absolute triple-net (NNN) to Fabulous Freddy’s with just over 10 years remaining in current lease term plus three, 10-year options at market rates, offering investors a passive income opportunity with zero landlord responsibilities.
This location is one of six Fabulous Freddy’s sites operating across Nevada and Utah. The Property also benefits from strong demographics, with ±107,951 residents and an average annual household income of $80,198 within a 3-mile radius.
LINK TO OM: https://logiccre.com/1031_properties/4309-w-craig-rd-las-vegas-nv-89032/