Highly Visible NNN Retail
2026 W Craig Rd North Las Vegas, NV 89032
For Sale
Contact for pricing
NNN retail asset at a signalized Craig Road intersection with a fixed monthly lease term expiring 8/1/2035.
Property Size4,022 SF
Price / SF$314.52
Days on Market138
Property Features for 2026 W Craig Rd
General Information
Standard status
Active
Size
4,022 SF
Property subtype
RETAIL
Listing Agency:
Commercial Executives Real Estate Services
(702) 316-4500
Listed By:
Bobbi Miracle
(702) 528-9132
Source:
Moodyscre
Added: Mar 14
Changed: Jul 28
Last Checked: Jul 28 at 9:00AM
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 Commercial Executives Real Estate Services
Investment Insights
Based on property information with market context.
This highly visible NNN retail property is situated in an infill retail setting with strong daily consumer traffic. The seller is offering the remaining lease term, which expires 8/1/2035, with a fixed monthly rent of $16,324 sold as an annuity. The lease also includes 1 (and) 5-year extension options at the end of the term, subject to call for terms. Land is leased with mirrored terms, and the buyer pays land rent directly.
The property is strategically positioned just east of the signalized intersection of W. Craig Road and Clayton Street, providing prominent frontage along Craig Road, an east-west arterial. It is adjacent to a neighborhood shopping center anchored by ALDI and Big 5 Sporting Goods, with additional tenants including Taco Bell and Clayton Market. Across Craig Road, nearby retail includes Burlington, Chase Bank, and Bank of America.
Prospective buyers should note the seller’s instructions to not go through the building without coordination.
The property is strategically positioned just east of the signalized intersection of W. Craig Road and Clayton Street, providing prominent frontage along Craig Road, an east-west arterial. It is adjacent to a neighborhood shopping center anchored by ALDI and Big 5 Sporting Goods, with additional tenants including Taco Bell and Clayton Market. Across Craig Road, nearby retail includes Burlington, Chase Bank, and Bank of America.
Prospective buyers should note the seller’s instructions to not go through the building without coordination.
Key Highlights
- NNN retail asset on highly visible, infill retail corridor just east of the signalized W. Craig Road and Clayton Street intersection
- Remaining lease term expires 8/1/2035 with a fixed monthly amount of $16,324 sold as an annuity
- Tenant has a 1, 5‑year option to extend at the end of the lease term
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.4k | $18.00 |
| − Vacancy | −$3.2k | −$0.79 |
| EGI | $69.2k | $17.21 |
| − OpEx | −$20.8k | −$5.16 |
| NOI | $48.4k | $12.05 |
4,022 SF · lease $18.00/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$692.1K
$605.6K – $807.5K
NOI $48,447 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$952.4K – $1.27M
NOI $76,190 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - NNN retail asset at a signalized Craig Road intersection with a fixed monthly lease term expiring 8/1/2035.
Where is this nnn property located?
The property is located at 2026 W Craig Rd North Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,265,000.
What are key features of this property?
This property features: NNN retail asset on highly visible, infill retail corridor just east of the signalized W. Craig Road and Clayton Street intersection; Remaining lease term expires 8/1/2035 with a fixed monthly amount of $16,324 sold as an annuity; Tenant has a 1, 5‑year option to extend at the end of the lease term
