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680 E Warm Springs Rd
Las Vegas, NV 89119
La Petite Academy - New Lease Extension · Retail Property For Sale


Investment Highlights
- Strategic Location Supporting Consistent Enrollments
- Corporate Guarantee from Learning Care Group, Inc.
- This La Petite Academy is surrounded by the State of Nevada's recently acquired office buildings and is just off the Las Vegas Strip
- Long Term Modified Triple Net (NNN) Lease
Executive Summary
Bang Realty is pleased to present the exclusive listing for a La Petite Academy located at 680 E Warm Springs Rd, Las Vegas, NV. The site consists of roughly 7,905 rentable square feet of building space on an estimated 0.78-acre parcel of land. This La Petite Academy is subject to a 11-year Modified Triple Net lease, which commenced 7/1/2025. The current annual rent is $223,190 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,905 SF
Building Class
C
Year Built/Renovated
1999/2018
Price
$4,768,000 CAD
Price Per SF
$603.16 CAD
Cap Rate
6.40%
NOI
$305,152 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.78 AC
Opportunity Zone
Yes
Zoning
MD
Frontage
246’ on Warm Springs Rd
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 177-03-410-010 | Improvements Assessment | $451,472 CAD |
| Land Assessment | $288,776 CAD | Total Assessment | $740,249 CAD |
Property Taxes
Parcel Number
177-03-410-010
Land Assessment
$288,776 CAD
Improvements Assessment
$451,472 CAD
Total Assessment
$740,249 CAD
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