4425 Simmons St - Day Care Center FOR SALE


North Las Vegas, NV 89031
$2,328,960 USD
602-687-6766
4425 Simmons St, North Las Vegas, NV for Sale
$2,328,960 USD
Day Care Center - FOR SALE
1/5
null | 7.5% Cap Rate

4425 Simmons St
North Las Vegas, NV 89031


HIGHLIGHTS

  • Triple-Net (NNN) Corporate Lease with Annual Rental Increases
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • Seasoned Location- Tenant Operating Location Since 1997
  • 15 Feeder Elementary Schools Within a 5-Mile Radius
  • Average Household Income Exceeds $100,000 Within a 3-Mile Radius
  • More Than 430,000 Residents Within a 5-Mile Radius

OVERVIEW

La Petite Academy, Inc. is one of the nation’s largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. North Las Vegas is home to over 290,000 residents and is one of the fastest-growing cities in Nevada and the United States as a whole. As a premier place to live, work, and play, the city of North Las Vegas leads Southern Nevada in both new home construction and economic development.

FOR SALE DETAILS

PRICE

$2,328,960 USD

PRICE/SF

$299 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Petite Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C-1, North Las Vegas

APN/PARCEL ID

139-05-203-004

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

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