5Th St North Las Vegas, NV 89032

Property Details for 0 5Th St

Property size

3,000 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional 1.07-acre freestanding retail pad, located at the northeast corner of E. Craig Rd. and N. 5th St. in North Las Vegas (89032), presents a unique investment opportunity. The property boasts a prime location with high visibility and significant traffic volume, averaging approximately 58,300 vehicles per day on E. Craig Rd. and 176,500 vehicles per day on the nearby I-15 Freeway. Zoned C-1, this site allows for various uses, including QSR, fast food, restaurant, and automotive-related businesses. The pad offers flexibility with building options ranging from approximately 3,000 to 5,400 square feet, including the possibility of a drive-thru. The site's strategic location benefits from proximity to major retailers such as Sam's Club and Lowe's, ensuring high consumer traffic. Furthermore, the area experiences strong daytime population density, amplified by the construction of approximately 5.2 million square feet of new industrial space, adding roughly 2,400 full-time employees within a half-mile radius. With over 13,000 homes planned or under construction nearby, this property offers exceptional long-term growth potential. The property's APN is 139-02-214-004. This is the last freestanding pad available on Craig Road between N. 5th St. and Lawrence St., making it a truly rare opportunity. The net rentable square footage is 5,400 square feet. This property is available for sale or ground lease.