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Investment Highlights

  • Leasehold Interest for sale on the building
  • Long term Tenant

Executive Summary

LEASEHOLD INTEREST ON THE BUILDING! Unique opportunity to capitalize on a highly visible, infill retail location surrounded by strong national tenancy and daily consumer traffic. The property’s placement within a proven retail corridor, combined with its accessibility and co-tenancy, supports long-term tenant success and stable investment performance. Seller is selling the remaining lease term, expires 8/1/2035 which has a fixed monthly $16,324 which is being sold as an annuity. Price was determined by discounting
the monthly rent at 6.17%. Land is also leased with mirrored terms and buyer pays directly. Tenant has 1, 5 years option to extend at end. Call for terms.
NNN rent
Strategically positioned just east of the signalized intersection of W. Craig Road and Clayton Street, 2026 W. Craig Road is located within one of North Las Vegas’ most active and established retail corridors. The property benefits from excellent frontage along Craig Road, a major east-west arterial, and is surrounded by a dense concentration of national retailers, service providers, and daily-needs tenants.
Directly adjacent to the site is a high-performing neighborhood shopping center anchored by ALDI and Big 5 Sporting Goods, with additional tenants including Taco Bell and Clayton Market. Across Craig Road, the property is supported by a strong lineup of national retailers including Burlington, Chase Bank, and Bank of America, all contributing to consistent daily traffic and strong consumer draw.

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,022 SF
Building Class
B
Year Built
2001
Price
$1,265,000
Price Per SF
$314.52
Cap Rate
15.49%
NOI
$195,888
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.44 AC
Zoning
C-1 - a neighborhood commercial zone that allows for small-scale businesses and retail activities to serve the needs of nearby neighborhoods
Parking
61 Spaces (15.17 Spaces per 1,000 SF Leased)
Frontage
239’ on W Craig Rd

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of America
Chase
Nevada State Bank
California Fish Grill
Red Lobster
IHOP
Cafe Zupas
Outback Steakhouse
Applebee's
EoS Fitness

Property Taxes

Property Taxes

Parcel Number
139-05-616-009
Land Assessment
$207,346
Improvements Assessment
$200,126
Total Assessment
$407,472
  • Listing ID: 40853906

  • Date on Market: 6/9/2026

  • Last Updated:

  • Address: 2026 W Craig Rd, North Las Vegas, NV 89032

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