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Arby’s Drive-Thru NNN Restaurant
For Sale
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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 SizeContact for details
Days on Market124

Property Features for 1465 W Craig Road

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 72,500 vehicles/day

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 4:39PM

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.

Offered for fee simple acquisition (land and building), this absolute NNN, single-tenant, drive-thru equipped Arby’s property is currently leased to MLK Lunen, Inc. The lease features 8 years remaining and includes three 5-year options to extend. Rental increases are described as 1% annually throughout the initial term and options.

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

Arby's Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

72,500 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 38% Groceries 18%
Smart & Final Groceries
22,769 visits/mo 0.3 miles
Circle K Shops & Services
22,087 visits/mo 0.4 miles
Buffalo Wild Wings Dining
21,453 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
12,530 visits/mo 0.5 miles
Chevron Shops & Services
12,175 visits/mo 0.2 miles

Demographics for 89030, NV

56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Absolute NNN, single-tenant Arby’s drive-thru with fee simple ownership and in-place lease remaining.
Where is this drive through restaurant located?
The property is located at 1465 W Craig Road North Las Vegas, NV.
What are key features of this property?
This property features: 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
(480) 221-4221 Call to check price and availability
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