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2732 West Craig Road
North Las Vegas, NV 89031
Asking Price
$4.36M
Cap Rate
5.5%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
20-Year Absolute NNN Lease <p><strong>Absolute NNN Lease | Experienced Operator</strong></p><p>• 20-year absolute NNN lease with four 5-year extensions</p><p>• Rental increases every 5 years, including options</p><p>• Franchisee has over 50 years of experience and operates 26 Slim Chickens, Denny’s, and Del Taco</p><p></p><p><strong>Strong Traffic & Visibility | High Growth Trade Area</strong></p><p>• Excellent frontage on W Craig Rd. with traffic counts exceeding (±64,700 VPD)</p><p>• Strategically located in close proxi
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NOI
$80,000
Cap Rate
1.83%
DSCR
0.31
Underwater
Cash-on-Cash
-13.68%
Monthly Payment
$21,585.743
Annual Cash Flow
$-179,028.922
