Malan and Marcello
Swig

Swig

885 E. Craig Road

North Las Vegas, NV 89030

$1,538,000
Asking Price
5.85%
Cap Rate
$90,000
NOI
746 SF
Size
1.02 acres
Lot Size
2025
Built

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

Property TypeRetail
Asking Price$1,538,000
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 Rents90000

Documents

Property Address

Property Details

Property TypeRetail
Gross Leasable Area (SF)746 SF
Available GLA (SF)746 SF
Occupancy100%
Lease TypeNNN, Absolute Net
Year Built2025
Acres1.02 acres
ZoningGeneral Commercial (C-2)
APN139-02-310-007
Ownership InterestGround Lease
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Deal Team

Adam Malan

Adam Malan

Vice Chair
NV RE Lic. 0063542
Deana Marcello

Deana Marcello

Executive Vice President
NV RE Lic. 174174