MOTIVATED SELLER, WILL ENTERTAIN ALL REASONABLE OFFERS!!!Excellent investment opportunity with a 6% 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.
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!