A 1.6 acre lot at the intersection near the home of the Raiders, Allegiant Stadium at Polaris Avenue and Russell Road has sold to a Scottsdale based Diversified Partners for $10.8 million.

The developer plans to turn the vacant lot in to a retro designed In N Out Burger location. As In N Out Burgers are all company owned the developer would be the landowner and, collect rent from the company.

As this deal would have to be negotiated with In N Out Burger it isn’t a done deal although such a prime location near the stadium would be attractive to any fast for company.