500 S Highway 160 - Fast Food FOR SALE


Pahrump, NV 89048
$1,999,900 USD
702-326-1055
500 S Highway 160, Pahrump, NV for Sale
$1,999,900 USD
Fast Food - FOR SALE
1/7
null | 7.5% Cap Rate

500 S Highway 160
Pahrump, NV 89048


OVERVIEW

MOTIVATED SELLER, WILL ENTERTAIN ALL REASONABLE OFFERS!!!Excellent investment opportunity with a 7.5% cap rate in a prime Pahrump location! This Carl’s Jr. property, built in 2008, operates under a ground lease with absolute NNN terms. Alternatively to the base rent, the tenant may be subject to a percentage rent of 9.25% of gross receipts, depending on which amount is higher. Building will revert back to the Owner at the end of the Carls Jr lease. Owned since 2011, this property boasts high visibility and strong traffic flow, making it an attractive option for retailers and businesses seeking a prominent presence. Nearby national retailers include Walmart, Home Depot, and more. The lease has five years remaining on the current term, with three additional 10-year renewal options. Total .94 Acres, there are 2 parcels. 038-213-68 & 038-213-67 Call broker for more information!

FOR SALE DETAILS

PRICE

$1,999,900 USD

PRICE/SF

$575 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Carl's Jr.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

GC

APN/PARCEL ID

38-213-67,38-213-68

ASK ABOUT THIS PROPERTY

Jennifer WeinbergBHHS Nevada PropertiesMore Info
702-326-1055

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Jennifer WeinbergBHHS Nevada PropertiesMore Info
702-326-1055

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