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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
$4,803,153 CAD
Price Per SF
$607.61 CAD
Cap Rate
6.40%
NOI
$307,402 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.78 AC
Opportunity Zone
Yes
Zoning
M-D
Frontage
246’ on Warm Springs Rd
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 177-03-410-010 | Improvements Assessment | $448,117 CAD |
| Land Assessment | $286,631 CAD | Total Assessment | $734,749 CAD |
PROPERTY TAXES
Parcel Number
177-03-410-010
Land Assessment
$286,631 CAD
Improvements Assessment
$448,117 CAD
Total Assessment
$734,749 CAD
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