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545 West Craig Road
North Las Vegas, NV 89032
Asking Price
$3.55M
Cap Rate
5%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Two-Tenant Retail Frontage Pad With Drive-Thru <p><strong>National Tenants | Ease of Management</strong></p><ul><li>Domino’s (NASDAQ: DPZ) and Dunkin’ Donuts</li><li>Ease of Management | NNN Leases</li><li>100% Occupancy</li></ul><p></p><p><strong>Excellent Traffic & Visibility | High Growth Trade Area</strong></p><ul><li>Over 280 Feet of Frontage on W. Craig Rd with Traffic Counts Exceeding (±56,900 VPD)</li><li>Craig Promenade provides Convenient Access with 8 points of Ingress/Egress</li><li>Strategically Located in close proximity
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NOI
$80,000
Cap Rate
2.25%
DSCR
0.38
Underwater
Cash-on-Cash
-12.28%
Monthly Payment
$17,573.358
Annual Cash Flow
$-130,880.296
