2488 E Russell Rd - Day Care Center FOR SALE


Las Vegas, NV 89120- Paradise Valley East
$2,500,000 USD
702-253-5751
2488 E Russell Rd, Las Vegas, NV for Sale
$2,500,000 USD
Day Care Center - FOR SALE
1/13
null | 8.02% Cap Rate

2488 E Russell Rd
Las Vegas, NV 89120
Paradise Valley East


HIGHLIGHTS

  • Situated near the signalized intersection of E. Russell Rd & S. Eastern Ave
  • Free standing building with a private and dedicated parking lot
  • Combined traffic counts of +/- 63,899 vehicles per day
  • Excellent visibility & building signage fronting E. Russell Rd
  • Adjacent to Harry Reid International Airport
  • Close proximity to the Las Vegas Strip and UNLV

OVERVIEW

Prime Investment Opportunity, 1031 exchange welcomed! Clark County Development is pleased to offer for sale a single tenant investment opportunity located in Las Vegas, NV. This property consists of a free-standing building on 0.91 acres which consists of 11,417 SF. The subject property is leased to Imagination Station Early Learning Center a 24/7 childcare provider with a strong commitment to early childhood education and quality care. The asset is located near the major signalized intersection of E. Russell Rd & S. Eastern Ave, with combined traffic count in excess of +/- 63,899 VPD. The building is located in a dense and mature trade area consisting of a population of +/- 395,806 with an annual household income of +/- $69,263 within a 5-mile radius. The asset benefits from its close proximity to Harry Reid International Airport (58.4 million passengers) in 2024, Las Vegas Strip (+/- 41,676,300 annual visitors), UNLV (+/- 32,911 students) and Sunrise Hospital (+/- 832 beds).

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

8.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Imagination Station Early Learning Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C-P, County

APN/PARCEL ID

162-25-410-010

ASK ABOUT THIS PROPERTY

John MurilloGreat American CapitalMore Info
702-253-5751

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John MurilloGreat American CapitalMore Info
702-253-5751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.