STNL Slim Chickens

Highlights:

• 20-Year Absolute NNN Lease | Four 5-Year Options
• Rental increases every 5 years, including options
• Strong operator with over 50 years of experience
• Excellent frontage on W Craig Rd. with traffic counts exceeding (±64,700 VPD)
• Strategically located in close proximity to the I-15 Freeway (±150,000 VPD)
• Nearby national tenants include Walmart, Home Depot, Smart & Final, Smith’s, ALDI, Chick-fil-A, and more

Description:

Colliers is pleased to exclusively offer for sale an Absolute NNN STNL Slim Chickens located within the dense and rapidly expanding Craig Road Corridor in North Las Vegas, Nevada. The property consists of a ±3,856 SF freestanding building with drive-thru and benefits from a 20-year lease with a personal guaranty from a strong operator with over 50 years of restaurant and franchise experience.

This newly constructed building is located at the high traffic signalized intersection of W Craig Rd. and Simmons St. and is strategically positioned to capture continually increasing traffic counts currently exceeding ±64,700 VPD. The building is ±4-miles west of the I-15 Freeway, adding an additional ±150,000 VPD. The asset is adjacent to a Better Buzz Coffee and benefits from nearby co-tenancy including national retailers such as Walmart, Home Depot, Smart & Final, Smith’s, ALDI, Chick-fil-A, and more.

The property services a dense and underserved trade consisting of ±454,536 residents with an average household income of $95,973 within a 5-mile radius and benefits from proximity to Nellis Air Force Base (±12,000 military/civilian personnel) and the Cannery Hotel & Casino (±800 employees) with a nearby daytime population exceeding ±378,396 residents.

Documents: