4332 W Cactus Ave - Fast Food FOR SALE


Las Vegas, NV 89141- South Las Vegas
$3,555,555 USD
702-767-3764
4332 W Cactus Ave, Las Vegas, NV for Sale
$3,555,555 USD
Fast Food - FOR SALE
1/9
null | 4.5% Cap Rate

4332 W Cactus Ave
Las Vegas, NV 89141
South Las Vegas


HIGHLIGHTS

  • 15-Year NNN Lease - Long-term stability, 10% rental increases every 5 years, 4 (5-year) options, all backed by a Chipotle Corporate Guaranty
  • Strong National Brand- Chipotle is a globally recognized fast-casual leader with a loyal customer base and a proven track record of driving consistent
  • Exceptional 2024 Performance - In 2024, Chipotle delivered standout financial results with total revenue up 14.6% to $11.3 billion.
  • Top-Tier Tenant Credit & Long-Term Security - Backed by a Fortune 500–level corporation with strong financials, expanding footprint.
  • High Visibility: Minutes from I-15 with traffic counts over 150,000 VPD.
  • Strong Local Demographics - 12,000+ residents within 1 mile and 116,000+ residents within 3 miles.

OVERVIEW

Prime Chipotle investment featuring a 15-year NNN corporate lease with 10% rent increases every 5 years and four renewal options—providing long-term, passive income backed by a corporate guarantee. Chipotle continues to outperform the market, delivering 2024 revenue of $11.3B (+14.6%) and 7.4% same-store sales growth, reinforcing its strong credit and national brand power. The property is new construction (2023–2024) in a rapidly growing, high-income trade area adjacent to Southern Highlands. Exceptional visibility with 150,000+ VPD on I-15 and 31,500 VPD on W. Cactus Ave. Demographics:• 12,500 residents within 1 mile | Avg. HH income: $106K • 116,000 residents within 3 miles | Avg. HH income: $90K

FOR SALE DETAILS

PRICE

$3,555,555 USD

PRICE/SF

$1,529 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C-2

APN/PARCEL ID

177-30-812-003

ASK ABOUT THIS PROPERTY

Umer MalikTownship CapitalMore Info
702-767-3764

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Umer MalikTownship CapitalMore Info
702-767-3764

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