NNN Ground Lease
For Sale
Contact for pricing
885 E Craig Rd, North Las Vegas, NV 89030
Absolute NNN ground lease with a 15-year corporate guaranteed term and scheduled rent increases.
Property Size746 SF
Price / SF$2,193
Days on Market207
Property Features for 885 E Craig Rd
General Information
Standard status
Active
Size
746 SF
Property subtype
RETAIL
Additional Details
Traffic Count
91,800 vehicles/day
Listing Agency:
Colliers | Las Vegas
(702) 735-5700
Listed By:
Adam Malan · License #63542
(702) 727-3778
Source:
Moodyscre
Added: Feb 10
Changed: Aug 10
Last Checked: Jul 21 at 3:02AM
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 Colliers | Las Vegas
Investment Insights
Based on property information with market context.
This NNN ground leased land offering features a 15-year corporate guaranteed lease with two additional 5-year options. The ground lease is described as absolute NNN with zero landlord responsibilities, and rent is scheduled to increase by 10% every 5 years, including through the option periods.
The site is positioned for high visibility from Craig Rd, with additional access noted from N. 5th Street. Public remarks cite approximately 191,800 VPD for Craig Rd and highlight significant nearby residential growth, with more than 13,000 homes planned or under construction within a 5-mile radius. Daytime population is also listed at over 367,624 within 5 miles.
The property is located at 885 E Craig Rd, North Las Vegas, NV 89030, and the land size is reported as 746 square feet.
The site is positioned for high visibility from Craig Rd, with additional access noted from N. 5th Street. Public remarks cite approximately 191,800 VPD for Craig Rd and highlight significant nearby residential growth, with more than 13,000 homes planned or under construction within a 5-mile radius. Daytime population is also listed at over 367,624 within 5 miles.
The property is located at 885 E Craig Rd, North Las Vegas, NV 89030, and the land size is reported as 746 square feet.
Key Highlights
- 15‑year corporate guaranteed lease with two additional 5‑year options
- Absolute NNN ground lease with zero landlord responsibilities
- Scheduled 10% rent increases every 5 years, including the option periods
Property Analytics
Property Profile
Current Use
Lease Details
91,800 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 89030, NV
56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Absolute NNN ground lease with a 15-year corporate guaranteed term and scheduled rent increases.
Where is this commercial land located?
The property is located at 885 E Craig Rd North Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,636,000.
What are key features of this property?
This property features: 15‑year corporate guaranteed lease with two additional 5‑year options; Absolute NNN ground lease with zero landlord responsibilities; Scheduled 10% rent increases every 5 years, including the option periods
