NNN Ground Lease
885 E Craig Rd North Las Vegas, NV 89030
885 E Craig Rd, North Las Vegas, NV, 89030
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For Sale
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Absolute NNN ground lease with a 15-year corporate guaranteed term and scheduled rent increases.
Property Size746 SF
Price / SF$2,193
Days on Market162
Property Features for 885 E Craig Rd
General Information
- Standard status
- Active
- Size
- 746 SF
- Property subtype
- RETAIL
Listing agency
Colliers | Las Vegas
(702) 727-3778
Listed by
Adam Malan · License #63542
Source
Moodyscre
Added: Feb 10 Updated: Jul 21 at 3:02AM 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
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
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
