Domino's + Dunkin' Donuts Retail Pad
$3,552,000
545 West Craig Road, North Las Vegas, NV 89032
5
Cap Rate
177,566
NOI
Details:
Highlights:
- National Tenants: Domino’s (NASDAQ: DPZ) and Dunkin’ Donuts
- Ease of Management | NNN Leases
- Over 280 Feet of Frontage on W. Craig Rd with Traffic Counts Exceeding (±56,900 VPD)
- Craig Promenade provides Convenient Access with 8 points of Ingress/Egress
- Strategically Located in close proximity to the I-15 Freeway (±150,000 VPD)
- Nearby National Tenants include Smart & Final, Chuck E. Cheese, Goodwill, 7-Eleven, Dash Car Wash, Popeyes, Cheba Hut, Dairy Queen and more
Description:
Colliers is pleased to exclusively offer for sale a two-tenant retail building with drive-thru 100% leased to Domino’s (NASDAQ: DPZ) and Dunkin Donuts located within Craig Promenade, a highly trafficked ±81,057 SF Smart & Final anchored neighborhood retail center in North Las Vegas.
The asset is well positioned within the dense and rapidly expanding Craig Road Corridor in North Las Vegas, Nevada, with over 280 feet of frontage along W. Craig Rd. (±46,500 VPD) just east of Revere St. (±10,400 VPD). The asset benefits from nearby co-tenancy including national retailers such as Walmart, Home Depot, Smart & Final, Smith’s, ALDI, Chick-fil-A, Starbucks, and more. Hylo Park, a large-scale mixed-use redevelopment, is currently under construction ±2-miles south of the property and is expected to bring over 925 permanent jobs and will include a 150-room hotel, 665 housing units and a 100K SF Vegas Golden Knights youth and recreational hockey facility.
Craig Promenade services a dense and underserved trade consisting of ±449,056 residents with an average household income of $90,441 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 ±382,030 residents.
Documents:
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Offering Memorandum
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Location
Gallery