Drive-Through NNN
For Sale
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8745 W Warm Springs Rd, Las Vegas, NV 89148
Newly constructed restaurant asset leased to Shake Shack under an absolute NNN ground lease with renewal options.
Property SizeContact for details
Days on Market143
Property Features for 8745 W Warm Springs Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Orange County
Listed By:
Roy Fritz · License #NV 169670
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 1:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County
Investment Insights
Based on property information with market context.
This newly built Shake Shack restaurant opened in October 2024 and operates under an absolute NNN ground lease. The purpose-built facility includes a two-lane drive-through and was developed to the tenant’s specifications. The lease has a 15-year initial term, 10% increases every 5 years, and four, 5-year renewal options.
The property is located at Rhodes Ranch Plaza with direct access to Rhodes Ranch Town Center. Surrounding national tenants include Vons, Bank of America, AT&T, Buffalo Wild Wings, Cold Stone, Chop Stop, and Ohana Hawaiian BBQ. The trade area includes over 145,600 residents within a 3-mile radius, with an AHI of $117,642.
The property is located at Rhodes Ranch Plaza with direct access to Rhodes Ranch Town Center. Surrounding national tenants include Vons, Bank of America, AT&T, Buffalo Wild Wings, Cold Stone, Chop Stop, and Ohana Hawaiian BBQ. The trade area includes over 145,600 residents within a 3-mile radius, with an AHI of $117,642.
Key Highlights
- Shake Shack opened October 2024
- Absolute NNN ground lease with a 15‑year initial term
- 10% rent increases every 5 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
Explore this area
Business Placement
Demographics for 89148, NV
61,281
Population
25,232
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
93%
High-School Grad
9.7 sq mi
ZIP Area
6,318
Density / Sq Mi
$94,926
Median Household Income
$47,441
Median Earnings
$1,920
Median Rent
$443,600
Median Home Value
Market
Vacancy Rate% for Retail in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed restaurant asset leased to Shake Shack under an absolute NNN ground lease with renewal options.
Where is this nnn property located?
The property is located at 8745 W Warm Springs Rd Las Vegas, NV.
What are key features of this property?
This property features: Shake Shack opened October 2024; Absolute NNN ground lease with a 15‑year initial term; 10% rent increases every 5 years
