1600 E Oakey Blvd - Schools FOR SALE
Las Vegas, NV 89104 |
1600 E Oakey Blvd
Las Vegas, NV 89104
HIGHLIGHTS
- NNN Lease in place until December 31, 2032 with tenant that has been in place since 2009
- 9%+ CAP Rate!
- 3% annual rent increases beginning 1/1/2025
- $1,050,000 Solar system installed which blankets all covered parking structures.
- Rent paid by successful Charter School which is funded by Clark County School District and has been operating at this location since 2009.
- True NNN Lease in place, however, current landlord has not required reimbursement for repairs/upgrades and property insurance.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Innovations International Charter School
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Schools
ADD'L SUBTYPES
Religious Facility
TOTAL BUILDING SIZE
48000
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
3.83 AC AC
LAND SF
166,835 SF
ZONING
-
APN/PARCEL ID
162-02-208-001
