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. with 1,150+ Schools Across 11 Brands
  • 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. 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 6%.

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 Notice.