Listing banner image
  • Asking Price
    $1,538,000Asking Price
  • Cap Rate
    5.85%Cap Rate
  • NOI
    $90,000NOI
  • Size
    746 SFSize
  • Lot Size
    1.02 acresLot Size
  • Built
    2025Built

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 Type
    Retail
  • Size
    746 SF
  • Available
    746 SF
  • Occupancy
    100%
  • Built
    2025
  • Total Acres
    ~1.02 ac

Sale Details

  • Cap Rate
    5.85%
  • NOI
    $90,000
  • In-Place Cap Rate
    5.85%
  • In-Place NOI
    $90,000
  • In-Place Rents
    90,000

Documents

Property Address

885 E. Craig Road
North Las Vegas, NV 89030

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2025
  • Lease Type
    NNN... 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

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2025
  • Lease Type
    NNN... 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

Adam Malan profile image

Adam Malan

Vice Chair Vice Chair
Colliers
NV RE Lic. 0063542
Deana Marcello profile image

Deana Marcello

Executive Vice President Executive Vice President
Colliers
NV RE Lic. 174174

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 Type
    Retail
  • Size
    746 SF
  • Available
    746 SF
  • Occupancy
    100%
  • Built
    2025
  • Total Acres
    ~1.02 ac

Sale Details

  • Cap Rate
    5.85%
  • NOI
    $90,000
  • In-Place Cap Rate
    5.85%
  • In-Place NOI
    $90,000
  • In-Place Rents
    90,000

Documents

Property Address

885 E. Craig Road
North Las Vegas, NV 89030

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2025
  • Lease Type
    NNN... 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

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2025
  • Lease Type
    NNN... 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

Adam Malan profile image

Adam Malan

Vice Chair Vice Chair
Colliers
NV RE Lic. 0063542
Deana Marcello profile image

Deana Marcello

Executive Vice President Executive Vice President
Colliers
NV RE Lic. 174174
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