Description
Colliers is pleased to exclusively offer for sale a new construction single-tenant net-leased Swig Drinks located within a new retail development in North Las Vegas, NV. The property consists of a ±746 SF freestanding building that is situated on a ±1.02 AC parcel and benefits from a new 15-Year Absolute NNN ground lease. Swig Drinks is funded by Savory Restaurant Fund and the lease is guaranteed by Savory Swig Stores.
This newly constructed building is located at the high traffic signalized intersection of E. Craig Rd. and N. 5th St. and is strategically positioned to capture continually increasing traffic counts currently exceeding ±91,800 VPD. The building is ±2-miles west of the I-15 Freeway, adding an additional ±150,000 VPD.
The asset benefits from excellent co-tenant synergy with Circle K, WOW Car Wash, Houston TX Hot Chicken, Mountain Mike’s Pizza, and several other premier national co-tenants that are located in the trade area. The asset services a dense and underserved trade area with ±424,412 residents with an average household income of $86,869 within a 5-mile radius. Nearby daytime population exceeds ±367,624 and includes foot traffic from Nellis Air Force Base (±12,000 military/civilian personnel) and Cannery Hotel & Casino (±201 rooms).
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 TypeRetail
- Occupancy100%
- Year Built2025
- Lease TypeNNN... NNN, Absolute Net
- ZoningGeneral Commercial (C-2)
- APN139-02-310-007
- Ownership InterestGround Lease
- Gross Leasable Area746 SF
- Available GLA746 SF
- Acres1.02
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2025
- Lease TypeNNN... NNN, Absolute Net
- ZoningGeneral Commercial (C-2)
- APN139-02-310-007
- Ownership InterestGround Lease
- Gross Leasable Area746 SF
- Available GLA746 SF
- Acres1.02








Deal Team


Deana Marcello
Description
Colliers is pleased to exclusively offer for sale a new construction single-tenant net-leased Swig Drinks located within a new retail development in North Las Vegas, NV. The property consists of a ±746 SF freestanding building that is situated on a ±1.02 AC parcel and benefits from a new 15-Year Absolute NNN ground lease. Swig Drinks is funded by Savory Restaurant Fund and the lease is guaranteed by Savory Swig Stores.
This newly constructed building is located at the high traffic signalized intersection of E. Craig Rd. and N. 5th St. and is strategically positioned to capture continually increasing traffic counts currently exceeding ±91,800 VPD. The building is ±2-miles west of the I-15 Freeway, adding an additional ±150,000 VPD.
The asset benefits from excellent co-tenant synergy with Circle K, WOW Car Wash, Houston TX Hot Chicken, Mountain Mike’s Pizza, and several other premier national co-tenants that are located in the trade area. The asset services a dense and underserved trade area with ±424,412 residents with an average household income of $86,869 within a 5-mile radius. Nearby daytime population exceeds ±367,624 and includes foot traffic from Nellis Air Force Base (±12,000 military/civilian personnel) and Cannery Hotel & Casino (±201 rooms).
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 TypeRetail
- Occupancy100%
- Year Built2025
- Lease TypeNNN... NNN, Absolute Net
- ZoningGeneral Commercial (C-2)
- APN139-02-310-007
- Ownership InterestGround Lease
- Gross Leasable Area746 SF
- Available GLA746 SF
- Acres1.02
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2025
- Lease TypeNNN... NNN, Absolute Net
- ZoningGeneral Commercial (C-2)
- APN139-02-310-007
- Ownership InterestGround Lease
- Gross Leasable Area746 SF
- Available GLA746 SF
- Acres1.02
Deal Team


