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Drive-Through Quick-Service Restaurant

500 S HWY 160, Pahrump, NV 89408

For Sale
Contact for pricing

The restaurant was completed in 2010 and carries an absolute NNN lease structure.

Property Size3,480 SF
Lot Size1.07 Acres
Price / SF$560.34
Days on Market43

Property Features for 500 S HWY 160

General Information

Standard status Active
Size 3,480 SF
Lot size 1.07 Acres
Property subtype Retail
Net Operating Income $150,615

Financials

Asking Price $1,950,000
Cap Rate 7.72%

Additional Details

Drive-Thru Yes
Tenant in Place Yes

Building Details

Year Built 2010
Buildings 1
Tenancy Single
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License NV CQ1059597
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 8 at 4:05PM

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 ParaSell Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The Carl’s Jr. restaurant contains approximately 3,480 square feet and includes drive-through service. Completed in 2010 to the brand’s prototype specifications, the building occupies an approximately 1.07-acre parcel at 500 S Hwy 160 in Pahrump, Nevada.

The lease is absolute NNN, assigning the tenant responsibility for taxes, insurance, and maintenance and repairs, including roof and structural work. A recorded lease guaranty is provided by the operating franchisee. Fixed rent adjustments are scheduled through Lease Year 50, and the current cap rate is 7.72%.

Key Highlights

  • Approximately 3,480‑square‑foot restaurant with drive‑through service
  • Approximately 1.07‑acre parcel at 500 S Hwy 160 in Pahrump, Nevada
  • Built in 2010 to Carl’s Jr. prototype specifications

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,011
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,220 $1.2M
Cap Rate 7%
$871,586 $871.6K
Cap Rate 9%
$677,900 $677.9K
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$83.5K $24.00/SF
− Vacancy
−$2.2K −$0.62/SF
EGI
$81.3K $23.38/SF
− OpEx
−$20.3K −$5.84/SF
NOI
$61.0K $17.53/SF
Area
Lyon County, NV
Vacancy
2.60%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,220
Cap Rate 7%
$871,586
Cap Rate 9%
$677,900

Alternative Uses

Best Use
Specialty Retail
$871.6K
$762.6K – $1.02M (±1% cap)
NOI $61,011 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$938.4K – $1.25M (±1% cap)
NOI $75,074 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring Store Home Appliance Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
348k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Superstores 18% Shops & Services 18% Groceries 10%
Walmart Superstores
61,668 visits/mo 0.5 miles
Smith's Groceries
35,785 visits/mo 0.2 miles
McDonald's Dining
30,428 visits/mo 0.2 miles
SONIC Drive In Dining
23,419 visits/mo 0.4 miles
Starbucks Dining
17,766 visits/mo 0.2 miles

Demographics for 89408, NV

23,201
Population
9,039
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
91%
High-School Grad
464.1 sq mi
ZIP Area
50
Density / Sq Mi
$87,723
Median Household Income
$46,808
Median Earnings
$1,504
Median Rent
$352,600
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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - The restaurant was completed in 2010 and carries an absolute NNN lease structure.
Where is this drive through restaurant located?
The property is located at 500 S HWY 160 Pahrump, NV.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 3,480‑square‑foot restaurant with drive‑through service; Approximately 1.07‑acre parcel at 500 S Hwy 160 in Pahrump, Nevada; Built in 2010 to Carl’s Jr. prototype specifications
(949) 942-6585 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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