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Conoco Gas Station NNN
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4308 W Craig Road, North Las Vegas, NV 89032

Absolute NNN leased Conoco gas station with a recently executed 20-year lease and planned opening after construction completion.

Property Size3,500 SF
Price / SF$2,207
Days on Market121

Property Features for 4308 W Craig Road

General Information

Standard status Active
Size 3,500 SF
Total Parking Spaces 16
Property subtype Retail
Zoning C-1: Neighborhood Commercial
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $502,132

Building Details

Year Built 2026
Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #01912215
Source: Crexi
Added: May 8 Changed: Aug 28 Last Checked: Sep 4 at 6:12PM

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.

SRS Real Estate Partners, LLC is pleased to offer the fee simple interest in an absolute NNN leased Conoco Gas Station investment property. The site features a recently signed brand new 20-year lease for LV Petroleum LLC, with 4 (10-year) options to extend. Rental increases are structured at 2% annually throughout the initial term and at the beginning of each option period. The offering is described as “absolute NNN,” indicating zero landlord responsibilities.

The property is located at 4308 W. Craig Road, North Las Vegas, Nevada. The project is currently under construction, with estimated completion by mid-July and an estimated opening to the public by August 1.

The gas station is operated by Fuel Bros, which the seller describes as a multi-unit operator currently operating 30 convenience stores, primarily Conoco-branded.

Key Highlights

  • Fee simple absolute NNN leased Conoco gas station investment property in North Las Vegas, NV
  • Tenant LV Petroleum LLC recently signed a brand new 20‑year lease with 4 (10‑year) options to extend
  • Lease includes 2% annual rental increases throughout the initial term and at the start of each option period

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Pharmacy

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

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Taco Bell Dining
14,782 visits/mo 0.1 miles
ARCO Shops & Services
12,767 visits/mo 0.1 miles
Farmer Boys Dining
9,618 visits/mo 0.0 miles
O'Reilly Auto Parts Shops & Services
4,471 visits/mo 0.1 miles
Copart Shops & Services
4,226 visits/mo 0.4 miles

Demographics for 89032, NV

47,324
Population
16,514
Households
2.9
Avg Household Size
36
Median Age
16%
College-Educated
82%
High-School Grad
10.0 sq mi
ZIP Area
4,732
Density / Sq Mi
$74,661
Median Household Income
$40,155
Median Earnings
$1,646
Median Rent
$346,500
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?
Gas station - Absolute NNN leased Conoco gas station with a recently executed 20-year lease and planned opening after construction completion.
Where is this gas station located?
The property is located at 4308 W Craig Road North Las Vegas, NV.
What is the asking price?
The asking price for this property is $7,725,000.
What are key features of this property?
This property features: Fee simple absolute NNN leased Conoco gas station investment property in North Las Vegas, NV; Tenant LV Petroleum LLC recently signed a brand new 20‑year lease with 4 (10‑year) options to extend; Lease includes 2% annual rental increases throughout the initial term and at the start of each option period
(480) 221-4221 Call to check price and availability
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