Absolute NNN Restaurant
For Sale
Contact for pricing
4372 W Craig Road, North Las Vegas, NV 89032
Fee-simple ownership includes the land and building under a newly executed long-term restaurant lease.
Property Size2,100 SF
Price / SF$1,872
Days on Market117
Property Features for 4372 W Craig Road
General Information
Standard status
Active
Size
2,100 SF
Total Parking Spaces
28
Property subtype
Retail
Zoning
C-1: Neighborhood Commercial
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$265,411
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #01912215
Source:
Crexi
Added: May 7
Changed: Aug 30
Last Checked: May 9 at 10:29PM
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.
This fee-simple property includes both the land and building occupied by a Charleys Cheesesteaks restaurant. The 2,100-square-foot improvement was built in 2026 and is designated C-1: Neighborhood Commercial. Ownership is structured as an absolute NNN lease, with no landlord responsibilities identified in the lease terms.
LV Food Service Concept LLC executed a new 10-year lease with two 10-year extension options. The agreement provides 2% annual rental increases during the initial term and at the start of each option period. The property is located at 4372 W. Craig Road in North Las Vegas, NV 89032.
LV Food Service Concept LLC executed a new 10-year lease with two 10-year extension options. The agreement provides 2% annual rental increases during the initial term and at the start of each option period. The property is located at 4372 W. Craig Road in North Las Vegas, NV 89032.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 2,100‑square‑foot restaurant building constructed in 2026
- New 10‑year lease with 2 (10‑year) extension options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
58k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple ownership includes the land and building under a newly executed long-term restaurant lease.
Where is this nnn property located?
The property is located at 4372 W Craig Road North Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,932,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 2,100‑square‑foot restaurant building constructed in 2026; New 10‑year lease with 2 (10‑year) extension options
