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Kneaders Bakery 7100 W Craig Rd 3,844 SF Retail Building Las Vegas, NV 89129 $3,678,720 ($957.00/SF) 5.50% Cap Rate
Investment Highlights
- Built in 2016 with a highly desirable drive-thru
- Strong traffic counts with 38,780 VPD on W Craig Rd and 143,000+ VPD on US-95
- Located across from Albertsons and surrounded by national/co-tenancy drivers including Popeyes, Jamba Juice, CVS, Subway, ARCO, and Denny’s
- Corporate guarantee | Top 3 Unit in the Chain (PlacerAI)
- Dense and affluent trade area with 17,625 people within 1 mile, 134,235 within 3 miles, and average household income above $100,000
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire a fee simple interest in a single-tenant Kneaders Bakery & Cafe located at 7100 W Craig Rd in Las Vegas, Nevada. The subject property consists of a 4,209-square-foot freestanding retail building with a drive-thru, situated on approximately 0.77 acres and built in 2016. The asset is leased on an NNN basis with corporate guarantee, tenant responsibility for roof and structure, and approximately five years remaining on the current term. Current annual NOI is approximately $202,330, with rent scheduled to increase beginning July 2026 and two 5-year renewal options remaining. The property is positioned just off the US-95 on/off-ramp with strong visibility and access, benefiting from traffic counts of approximately 38,780 vehicles per day on W Craig Rd and more than 143,000 vehicles per day along US-95. The site is directly across from Albertsons and surrounded by national and daily-needs retailers including Popeyes, Jamba Juice, CVS, Subway, ARCO, and Denny’s, supporting strong consumer traffic and long-term real estate fundamentals.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,844 SF
Building Class
B
Year Built
2016
Price
$3,678,720
Price Per SF
$957.00
Cap Rate
5.50%
NOI
$202,330
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.77 AC
Zoning
C-1
Frontage
380’ on W Craig Rd
Amenities
- Pylon Sign
- Drive Thru
Moderately walkable
70/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 138-03-611-013 | Improvements Assessment | $357,378 |
| Land Assessment | $205,439 | Total Assessment | $562,817 |
Property Taxes
Parcel Number
138-03-611-013
Land Assessment
$205,439
Improvements Assessment
$357,378
Total Assessment
$562,817
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Kneaders Bakery | 7100 W Craig Rd
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