Description
This Swig Drinks investment is a newly constructed, approximately 746-square-foot building on about 1.02 acres within a North Las Vegas retail development. The property carries a new 15-year absolute NNN ground lease, with Savory Swig Stores identified as guarantor. Swig is backed by Savory Restaurant Fund.
The location is at Craig Road and North 5th Street, with reported combined traffic exceeding approximately 91,800 vehicles daily. Interstate 15 is about two miles east. Nearby retailers include Circle K, WOW Car Wash, Houston TX Hot Chicken and Mountain Mike's Pizza. The offering reports approximately 424,412 residents and average household income of $86,869 within five miles. Confirm the ground-lease structure, guaranty and remaining term in the lease documents.
Offering Summary
- Asking Price$1,538,000
- Property TypeRetail
- Size746 SF
- Available746 SF
- Occupancy100%
- Built2025
- Total Acres~1.02 ac
Sale Details
- Cap Rate5.85%
- NOI$90,000
- In-Place Cap Rate5.85%
- In-Place NOI$90,000
- In-Place Rents90,000
Documents
Property Address
Property Details
- Property Type
Retail - Occupancy
100% - Year Built
2025 - Lease Type
NNN, Absolute Net - Zoning
General Commercial (C-2) - APN
139-02-310-007 - Ownership Interest
Ground Lease - Gross Leasable Area
746 SF - Available GLA
746 SF - Acres
1.02
Deal Team
