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1600 E Oakey Blvd - Innovations International Charter School 48,000 SF Specialty Building Offered at $14,385,000 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	$14,385,000 CAD	Lot Size	3.83 AC
Price Per SF	$299.69 CAD	Building Size	48,000 SF
Sale Type	Investment or Owner User	No. Stories	2
Cap Rate	6.47%	Year Built	1958
Property Type	Specialty	Tenancy	Single
Property Subtype	Schools Specialty Lodge Meeting Hall Specialty Religious Facility	Parking Ratio	2.34/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-V, Las Vegas - Civic District

Price	$14,385,000 CAD
Price Per SF	$299.69 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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-V, Las Vegas - Civic District