500 S Highway 160 - Fast Food FOR SALE


Pahrump, NV 89048
$2,500,000 USD
702-326-1055
500 S Highway 160, Pahrump, NV for Sale
$2,500,000 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

500 S Highway 160
Pahrump, NV 89048


OVERVIEW

Excellent investment opportunity with a 6% cap rate in a prime Pahrump location! This Carl’s Jr. property, built in 2008, operates under a ground lease with absolute NNN terms. Alternatively to the base rent, the tenant may be subject to a percentage rent of 9.25% of gross receipts, depending on which amount is higher. Owned since 2011, this property boasts high visibility and strong traffic flow, making it an attractive option for retailers and businesses seeking a prominent presence. Nearby national retailers include Walmart, Home Depot, and more. The lease has five years remaining on the current term, with three additional 10-year renewal options. Total .94 Acres, there are 2 parcels. 038-213-68 & 038-213-67 Call broker for more information!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$718 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Carl's Jr.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

GC

APN/PARCEL ID

38-213-67,38-213-68

ASK ABOUT THIS PROPERTY

Jennifer WeinbergBHHS Nevada PropertiesMore Info
702-326-1055

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Jennifer WeinbergBHHS Nevada PropertiesMore Info
702-326-1055

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