5Th St North Las Vegas, NV 89031

Property Details for 0 5Th St

Year built

2024

Lot size

1.07 lot acres

Property size

5,400 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional 1.07-acre freestanding retail pad, situated at the highly visible intersection of Craig Road and 5th Street in Clark County, presents a rare development opportunity. Boasting a total buildable area of 5,400 square feet, this property offers flexibility for various retail concepts, including restaurants, quick-service restaurants (QSRs), and automotive uses. The site is zoned C-1, allowing for a wide range of commercial uses. Its strategic location benefits from exceptional visibility and high traffic counts, with approximately 58,300 vehicles per day on Craig Road and 5th Street, and an impressive 176,500 vehicles per day on the nearby I-15 Freeway and Craig Road intersection. The area demonstrates strong daytime population and significant growth, with over 5.2 million square feet of new industrial space under construction within a half-mile radius, adding approximately 2,400 full-time employees. Furthermore, over 13,000 new homes are planned or under construction nearby. The property's proximity to major thoroughfares, Sam's Club, Lowe's, Texas Roadhouse, I-15 Freeway, Nellis Air Force Base, and the College of Southern Nevada (CSN) ensures high consumer traffic and a robust customer base. This is the last available freestanding pad on Craig Road between 5th Street and Lawrence Street, making it a truly unique investment opportunity. The property includes a 2024-built single-story building and is identified by APN 139-02-214-004. A drive-thru option is available, enhancing its appeal to a wide range of potential tenants. The property is available for sale or ground lease.

Location Insight

City

North Las Vegas

County

Clark

State

Nevada

Longitude

-115.134

Latitude

36.2403