5001 W Craig Rd - Day Care Center FOR SALE


Las Vegas, NV 89130
$2,325,700 USD
602-687-6766
5001 W Craig Rd, Las Vegas, NV for Sale
$2,325,700 USD
Day Care Center - FOR SALE
1/6
null | 7% Cap Rate

5001 W Craig Rd
Las Vegas, NV 89130


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with Nine Years Remaining on Lease Term
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S.
  • 8% Rental Increase Occurring in 2027 and in Each of Two, 5-Year Renewal Options
  • 441,610 Residents within 5 Miles - Growing Las Vegas Trade Area
  • Easily Accessible Location Along West Craig Road (29,000 Cars per Day)
  • Average Household Income Exceeds $101,000 in the Immediate Area

OVERVIEW

Creative Kids Learning Centers provide quality child care and early learning experiences with programs for children of all ages – from infants up to school-age students. Creative Kids is accredited by NECPA (National Early Childhood Program Accreditation), having met more than 250 high-quality indicators in areas such as curriculum, student progress, and health and safety. Creative Kids serves the Las Vegas community through 10 centers located throughout the metro area. The Las Vegas-Henderson-Paradise MSA is one the fastest-growing metros in the nation, with a population of more than 2.3 million. Over the next five years, the metro’s population is expected to grow by six percent.

FOR SALE DETAILS

PRICE

$2,325,700 USD

PRICE/SF

$294 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Creative Kids (Learning Care Group)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

C1, Las Vegas

APN/PARCEL ID

138-01-701-021

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 Policy.