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10650 Alta Dr - Creative Kids (Learning Care Group) 13,119 SF Specialty Building Offered at $6,834,305 CAD at a 6.50% Cap Rate in Las Vegas, NV 89144
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Eight Years Remaining on Lease Term
- 8% Rental Increase Occurring in Each of Two, 5-Year Renewal Options
- Easily Accessible by Clark County Rd 215 (110,000 Cars per Day)
- Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with More Than 1,150 Schools Across 11 Bra
- 280,000+ Residents within 5 Miles - Growing Las Vegas Trade Area
- Average Household Income Exceeds $140,000 in the Immediate Area
Executive Summary
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.
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 percent. Known as The Entertainment Capital of the World, Las Vegas is an internationally renowned major resort city, regarded for its gambling, shopping, fine dining, entertainment, and nightlife. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world.
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 percent. Known as The Entertainment Capital of the World, Las Vegas is an internationally renowned major resort city, regarded for its gambling, shopping, fine dining, entertainment, and nightlife. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world.
Property Facts
| Price | $6,834,305 CAD | Lot Size | 1.29 AC |
| Price Per SF | $510.02 CAD | Building Size | 13,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 2001 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Schools | ||
| Zoning | P-C | ||
| Price | $6,834,305 CAD |
| Price Per SF | $510.02 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Lot Size | 1.29 AC |
| Building Size | 13,400 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Tenancy | Single |
| Zoning | P-C |
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Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 137-36-210-010 | Improvements Assessment | $989,783 CAD |
| Land Assessment | $637,963 CAD | Total Assessment | $1,627,746 CAD |
Property Taxes
Parcel Number
137-36-210-010
Land Assessment
$637,963 CAD
Improvements Assessment
$989,783 CAD
Total Assessment
$1,627,746 CAD
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10650 Alta Dr - Creative Kids (Learning Care Group)
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