STNL Chick-fil-A
$5,769,000
6585 North 5th Street, North Las Vegas, NV 89084
3.9
Cap Rate
225,000
NOI
Details:
Highlights:
- Tenant is Open and Operating (March 2025 Rent Commencement)
- Chick-fil-A, Inc. Corporation Guarantee (3,000+ locations)
- 15-Year Absolute NNN lease with eight 5-year extension terms
- 10% rent increases every 5 years, including options
- High traffic at the signalized intersection of 5th St. and Centennial Pkwy. (±33,000 VPD)
- Adjacent to Rome Pines Senior Apartments (±240 units) and Rome Pines Family Apartments (±292 units)
Description:
Colliers is pleased to exclusively offer for sale a new construction single-tenant net-leased Chick-fil-A located in North Las Vegas, NV. The property consists of a ±5,240 SF freestanding building with double drive-thru and benefits from a 15-Year Absolute NNN Ground Lease.
This newly constructed Chick-fil-A is adjacent to Rome Pines Senior Apartments (±240 units), Rome Pines Family Apartments (±292 units), and is directly across from the future 5th St Village with ±422 multi-family units. The site is situated at the signalized intersection of E. Centennial Pkwy. and N. 5th St., with combined traffic counts in excess of ±33,000 VPD, strategically located just south of the CC 215 Beltway with exposure to an additional ±35,000 VPD.
National co-tenants within the development include Circle K, Freddy’s Frozen Custard & Steakburgers, Valvoline, Providence Dental, and WOW Car Wash. Other nearby retailers include Target, Kohl’s, The Home Depot, Ross, Burlington, PetSmart, Michaels, Valley Health Systems, Burger King, Starbucks, and more. The asset is well-positioned within a high growth trade area, servicing ±284,440 residents with average household incomes of over $105,142 within a 5-mile radius.
Documents:
| Title | ||
|---|---|---|
|
NWC_ChickFilA_Centennial_5th_OM_8.26.25.pdf
|
Location
Gallery
