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1600 E Oakey Blvd - Innovations International Charter School 48,000 SF Specialty Building Offered at $14,351,399 CAD at a 6.47% Cap Rate in Las Vegas, NV 89104

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Executive Summary

Exclusively presented by Hiltz Commercial Group, 1600 E. Oakey Boulevard is an approximately 48,000 square foot educational facility situated on 3.83 acres and zoned Civic District, a rare designation in the Las Vegas Valley that allows school use by right. Offered at $10,500,000, the property is fully occupied by Innovations International Charter School of Nevada under a long-term absolute triple net lease through December 2032, providing stable in-place income with scheduled increases and limited landlord obligations. The campus features extensive classroom buildout, administrative offices, dedicated drop-off areas, secured outdoor space, and abundant on-site parking, all positioned on a large land footprint that is difficult to replicate in this infill location. The scale of the parcel and favorable zoning create strategic flexibility, and there may be a current owner-user opportunity depending on structure and timing. Please call for additional details regarding acquisition options and lease structure.

Property Facts

Price $14,351,399 CAD
Price Per SF $298.99 CAD
Sale Type Investment or Owner User
Cap Rate 6.47%
Property Type Specialty
Property Subtype
Schools
  • Specialty Lodge Meeting Hall
  • Specialty Religious Facility
Building Class B
Lot Size 3.83 AC
Building Size 48,000 SF
No. Stories 2
Year Built 1958
Tenancy Single
Parking Ratio 2.34/1,000 SF
Opportunity Zone Yes
Zoning C-V, Las Vegas - Civic District

Property Taxes

Property Taxes

Parcel Number
162-02-208-001
Land Assessment
$578,953 CAD
Improvements Assessment
$1,097,601 CAD
Total Assessment
$1,676,553 CAD
  • Listing ID: 39577462

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 1600 E Oakey Blvd, Las Vegas, NV 89104

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