4385 Blue Diamond Rd - Storefront FOR SALE


Las Vegas, NV 89139- South Las Vegas
$4,415,000 USD
702-482-9675
4385 Blue Diamond Rd, Las Vegas, NV for Sale
$4,415,000 USD
Storefront - FOR SALE
1/5
null | 5.5% Cap Rate

4385 Blue Diamond Rd
Las Vegas, NV 89139
South Las Vegas


HIGHLIGHTS

  • Single-tenant Angie's Lobster drive-thru investment opportunity featuring a new 20-year absolute triple-net (NNN) lease.
  • 10% rental increases every 5 years.
  • This is the top performing location for Angie's Food Concepts.
  • The Property has frontage and excellent visibility on the heavily traveled Blue Diamond Rd (±67,000 VPD).
  • Directly across the street from an Albertsons grocery anchored shopping center and minutes away from a Target and Kohl's anchored center.

OVERVIEW

Single-tenant Angie's Lobster drive-thru investment opportunity featuring a new 20-year absolute triple-net (NNN) lease with 10% rental increases every 5 years. Angie’s Food Concepts currently has 13 locations open under their concepts Angie’s Lobster, Angie’s Burger, Angie's Chicken, and Angie’s Prime Grill, with a dozen more scheduled to open within the next year. This is the top-performing location for Angie's Food Concepts. They had a banner opening in 2024 and continue to perform exceptionally well with very strong sales.

FOR SALE DETAILS

PRICE

$4,415,000 USD

PRICE/SF

$2,007 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Angie's Lobster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

177-18-316-003

ASK ABOUT THIS PROPERTY

Roy FritzCBREMore Info
702-482-9675

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Roy FritzCBREMore Info
702-482-9675

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.