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Absolute NNN Drive-Through Restaurant
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4360 W Craig Road, North Las Vegas, NV 89032

Under construction for a drive-through restaurant with an absolute NNN lease and a recently signed 20-year term.

Property Size954 SF
Price / SF$4,931
Days on Market125

Property Features for 4360 W Craig Road

General Information

Standard status Active
Size 954 SF
Total Parking Spaces 10
Property subtype Retail
Zoning C-1: Neighborhood Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $294,047

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: Sep 5 Last Checked: Sep 8 at 5:02AM

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.

Fee simple ownership is being offered for an absolute NNN leased drive-through restaurant investment property. The tenant, LV Food Service Concept LLC, recently signed a brand new 20-year lease with two 10-year options to extend, reflecting their commitment to the site. The lease calls for 2% annual rental increases throughout the initial term and at the beginning of each option period. The property is structured as an absolute NNN lease with zero landlord responsibilities.

The project is currently under construction, with estimated completion by mid-July and planned opening to the public by August. All equipment located on the property is included in the sale, which may provide potential for bonus depreciation (please consult a tax advisor).

Key Highlights

  • Under construction drive‑through restaurant in North Las Vegas, Nevada
  • Fee simple interest (land and building ownership) available via an absolute NNN lease
  • Tenant LV Food Service Concept LLC signed a new 20‑year lease with two 10‑year options

Property Analytics

Current Use

Drive through restaurants

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?
NNN property - Under construction for a drive-through restaurant with an absolute NNN lease and a recently signed 20-year term.
Where is this nnn property located?
The property is located at 4360 W Craig Road North Las Vegas, NV.
What is the asking price?
The asking price for this property is $4,705,000.
What are key features of this property?
This property features: Under construction drive‑through restaurant in North Las Vegas, Nevada; Fee simple interest (land and building ownership) available via an absolute NNN lease; Tenant LV Food Service Concept LLC signed a new 20‑year lease with two 10‑year options
(480) 221-4221 Call to check price and availability
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