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Property profile & analytics
OFF-MARKET
Commercial real estate

6121 Craig Rd Las Vegas, NV 89130

1,000 SF 0.7 ac lot
Individually Owned
Property ID
US62-0438872
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, 0.7-acre parcel in Las Vegas, NV, improved with a new Class A, 1,000 square foot building, slated for completion in 2025. The property boasts a 20-year absolute NNN ground lease with Salad & Go, a rapidly expanding QSR chain currently operating in multiple states and projecting over 140 locations by Q1 2025. The lease commenced August 1, 2024, and expires July 31, 2044, featuring a 10% rent increase every five years and four, five-year renewal options. The current annual net operating income (NOI) is $125,000, yielding a 5.25% cap rate on the $2,381,000 asking price. The property is strategically located at 6121 W Craig Rd, Las Vegas, NV 89130, in a high-traffic area with approximately 25,430 vehicles per day on W Craig Rd and 20,100 vehicles per day on Rancho Drive. This prime location is situated near other quick-service restaurants and major retailers, including EOS Fitness, Lowe's, and Boulevard Home Furnishings, ensuring high visibility and strong customer traffic. The property is zoned C-2. This is a rare opportunity to acquire a secure, long-term investment with a proven tenant and significant growth potential. The property is a single-tenant building.

Property profile
Verified
Property type Commercial real estate
Total area 1,000 SF
Lot 0.7 ac (30,492 SF)
UPID US62-0438872
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ko Bogyung
Ko Bogyung
since 2026
2 recorded transactions
2026
$2.1M
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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