6121 Craig Rd Las Vegas, NV 89130
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.