7401 W Charleston Blvd - Schools FOR SALE


Las Vegas, NV 89117- Canyon Gate
$8,810,000 USD
702-482-9675
7401 W Charleston Blvd, Las Vegas, NV for Sale
$8,810,000 USD
Schools - FOR SALE
1/6
null | 8.5% Cap Rate

7401 W Charleston Blvd
Las Vegas, NV 89117
Canyon Gate


HIGHLIGHTS

  • Accredited and Respected Christian Academy – Brilliant International Academy is being offered as a sale-leaseback with a new 15-year NNN lease
  • Targeted Location with Convenient Accessibility – The site sits within a residential suburb on the western outskirt of Las Vegas
  • High-Quality Building – High-quality, purpose-built property well-constructed in 2001 and recently renovated in 2023
  • Guaranteed, Strong Credit NNN Lease – Passive “coupon clipper” STNL investment with minimal landlord responsibilities

OVERVIEW

* Accredited and Respected Christian Academy – Brilliant International Academy is being offered as a sale-leaseback with a new 15-year NNN lease that includes 2% annual increases. The school serves the surrounding area offering comprehensive educational programs from preschool through high school and has been accredited by the Association of Christian Schools International as well as being a Nevada Ready/Nevada Department of Education QRIS Star Rated School. * Targeted Location with Convenient Accessibility – The site sits within a residential suburb on the western outskirt of Las Vegas, serving the surrounding 71,972 households with an estimated 181,800 residents within a 3-mile radius, 19,629 residents of which are between the ages of 5 to 14. * High-Quality Building – High-quality, purpose-built property well-constructed in 2001 and recently renovated in 2023 specifically to satisfy the tenant’s educational goals. * Guaranteed, Strong Credit NNN Lease – Passive “coupon clipper” STNL investment with minimal landlord responsibilities, ideal for out-of-town investors that will be delivered debt-free and available for a quick close, accommodating 1031 Exchange timelines.

FOR SALE DETAILS

PRICE

$8,810,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brilliant International Academy

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

P-R, Las Vegas

APN/PARCEL ID

163-03-101-013

ASK ABOUT THIS PROPERTY

Roy FritzCBREMore Info
702-482-9675

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Roy FritzCBREMore Info
702-482-9675

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