Domino's + Dunkin' Donuts Retail Pad
Two-Tenant Retail Frontage Pad With Drive-Thru
Marketing description
Colliers is pleased to exclusively offer for sale a two-tenant retail building with drive-thru 100% leased to Domino’s (NASDAQ: DPZ) and Dunkin Donuts located within Craig Promenade, a highly trafficked ±81,057 SF Smart & Final anchored neighborhood retail center in North Las Vegas.
The asset is well positioned within the dense and rapidly expanding Craig Road Corridor in North Las Vegas, Nevada, with over 280 feet of frontage along W. Craig Rd. (±46,500 VPD) just east of Revere St. (±10,400 VPD). The asset benefits from nearby co-tenancy including national retailers such as Walmart, Home Depot, Smart & Final, Smith’s, ALDI, Chick-fil-A, Starbucks, and more. Hylo Park, a large-scale mixed-use redevelopment, is currently under construction ±2-miles south of the property and is expected to bring over 925 permanent jobs and will include a 150-room hotel, 665 housing units and a 100K SF Vegas Golden Knights youth and recreational hockey facility.
Craig Promenade services a dense and underserved trade consisting of ±449,056 residents with an average household income of $90,441 within a 5-mile radius and benefits from proximity to Nellis Air Force Base (±12,000 military/civilian personnel) and the Cannery Hotel & Casino (±800 employees) with a nearby daytime population exceeding ±382,030 residents.
Investment highlights
National Tenants | Ease of Management
- Domino’s (NASDAQ: DPZ) and Dunkin’ Donuts
- Ease of Management | NNN Leases
- 100% Occupancy
Excellent Traffic & Visibility | High Growth Trade Area
- Over 280 Feet of Frontage on W. Craig Rd with Traffic Counts Exceeding (±56,900 VPD)
- Craig Promenade provides Convenient Access with 8 points of Ingress/Egress
- Strategically Located in close proximity to the I-15 Freeway (±150,000 VPD)
- Over 13,000 Homes Planned or Under Construction within a 5-mile Radius
Strategic Location | Strong Demand Drivers
- Nearby National Tenants include Smart & Final, Chuck E. Cheese, Goodwill, 7-Eleven, Dash Car Wash, Popeyes, Cheba Hut, Dairy Queen and more.
- Across from Craig Ranch Regional Park – a 170-acre park that includes a ±65K SF skate park, 8,000 capacity amphitheater, 3 dog parks, sports fields, community gardens, and more!
Nearby points of interest include:
- Nellis Air Force Base (±12,000 military & civilians)
- Cannery Hotel & Casino (±201 rooms)
- Las Vegas Motor Speedway
Dense and Underserved Demographics
- The property services a dense and underserved immediate trade area with ±449,056 residents and an average household income of $90,441 within a 5-mile radius
- Daytime population exceeds ±382,030 within 5-miles, including Nellis Air Force Base (±12,000 military and civilian personnel) and the Cannery Hotel and Casino (±201 rooms)
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