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4308 W. Craig Road
North Las Vegas, NV 89032
Asking Price
$7.72M
Cap Rate
6.5%
Asset Type
Gas Station Retail
Class
Class B
What's Special
Retail | 6.50% CAP | 3,500 SqFt <ul><li>New 20-year lease with four (10-year) options, featuring 2% annual rental increases throughout the initial term and option periods</li><li>The site is operated by Fuel Bros/ LV Petroleum, LLC, a proven multi-unit operator, currently operating 13 Conoco-branded C&G assets in the Las Vegas metro area and experienced developer of convenience stores and gas stations in Nevada and Arizona (See page 19 for additional information)</li><li>Property may be eligible for bonus depreciation; inve
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NOI
$80,000
Cap Rate
1.04%
DSCR
0.17
Underwater
Cash-on-Cash
-16.34%
Monthly Payment
$38,219.085
Annual Cash Flow
$-378,629.021
