Craig Road Carl's Junior Closes

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607craig_wJohn Blommer of Virtus Commercial represented Moses Revocable Trust (Seller) in the sale of a 3,198 SF single-tenant Carl’s Jr. located at 607 W. Craig Road, North Las Vegas.   POWER A Z L L C  purchased the property for $2.8 million. The CAP rate at close was 5.8% on current income.  The 25 day total escrow, all-cash transaction closed 5/2/2016.