STNL Swig Drinks

Colliers is pleased to exclusively offer for sale a new construction single-tenant net-leased Swig Drinks located within a new retail development in North Las Vegas, NV.​ The property consists of a ±746 SF freestanding building that is situated on a ±1.02 AC parcel and benefits from a new 15-Year Absolute NNN ground lease.​ Swig Drinks is funded by Savory Restaurant Fund and the lease is guaranteed by Savory Swig Stores.​

This newly constructed building is located at the high traffic signalized intersection of E.​ Craig Rd.​ and N.​ 5th St.​ and is strategically positioned to capture continually increasing traffic counts currently exceeding ±91,800 VPD.​ The building is ±2-miles west of the I-15 Freeway, adding an additional ±150,000 VPD.​

The asset benefits from excellent co-tenant synergy with Circle K, WOW Car Wash, Houston TX Hot Chicken, Mountain Mike’s Pizza, and several other premier national co-tenants that are located in the trade area.​ The asset services a dense and underserved trade area with ±424,412 residents with an average household income of $86,869 within a 5-mile radius.​ Nearby daytime population exceeds ±367,624 and includes foot traffic from Nellis Air Force Base (±12,000 military/civilian personnel) and Cannery Hotel & Casino (±201 rooms).​