9210 Rainbow Blvd - Fast Food FOR SALE


Las Vegas, NV 89139- South Las Vegas
$4,439,000 USD
480-221-4221
9210 Rainbow Blvd, Las Vegas, NV for Sale
$4,439,000 USD
Fast Food - FOR SALE
1/10
null | 7.01% Cap Rate

9210 Rainbow Blvd
Las Vegas, NV 89139
South Las Vegas


HIGHLIGHTS

  • Brand New 20-Year Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Building Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection (74,800 VPD) | Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, Bojangles investment property located in Las Vegas, Nevada. The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and variable increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,439,000 USD

PRICE/SF

$1,415 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles | New 20yr Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C-2

APN/PARCEL ID

176-23-210-009

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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