1465 W Craig Road, North Las Vegas, NV 89030
Absolute NNN, single-tenant Arby’s drive-thru with fee simple ownership and in-place lease remaining.
Property Features for 1465 W Craig Road
General Information
Additional Details
Building Details
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The lease is franchisee guaranteed by an experienced Arby’s operator and is marketed as absolute NNN with zero landlord responsibilities. The restaurant is situated near a signalized, hard-corner intersection of W Craig Rd and N M.L.K Blvd, with 72,500 vehicles passing by daily. It also serves as an outparcel to a Home Depot anchored center that includes junior anchors PetSmart and 99 Cents Only Store.
Additionally, the property is directly across from the North Mesa Plaza power center anchored by a Walmart Supercenter. The surrounding trade area includes a dense residential population, and a 5-mile trade area is supported by a population of over 426,980 residents with an average household income of $65,338, with other nearby national/credit tenants including Ross Dress for Less, Burlington, Harbor Freight Tools, Walgreens, Old Navy, Planet Fitness, O’Reilly Auto Parts, and AutoZone.
Key Highlights
- Absolute NNN, single‑tenant, drive‑thru Arby’s offered as fee simple (land and building) investment property
- Tenant MLK Lunen, Inc. has 8 years remaining on the lease, plus 3 (5‑year) options to extend
- Lease provides 1% annual rental increases throughout the initial term and options
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 89030, NV
Market
Vacancy Rate% for Retail in West region