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| Price $5,800,000 | Built/Renov 2022 | Tenant The Learning Experience |
| Cap Rate 6.21% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
10,000
| Lease Start
02-20-2023
| #Units
500
|
| Price/SF $580.00 | Expiration
02-28-2038
| Tenant Type Daycare/Education |
| NOI $360,000 | R. Term 13.3 | Ownership Fee Simple |
| Rent/SF
$36.00
| Increases 10.0%/5/yrs | Pop 5Mi 323,061 |
| Lot/AC 1.14 | Options 2/5yrs/10% | AHHI 5Mi $113,371 |
| | |
This newly constructed Learning Experience is strategically positioned along Blue Diamond Road (Nevada State Rte. 160), with clear visibility and access to more than 55,900 vehicles passing by daily. The site is in a dense retail corridor surrounded by national/credit tenants including 7-Eleven, Walgreens, Starbucks, Albertson’s, Kohl’s, and many more. It is within the greater Las Vegas area...
...New construction
High traffic 50M+ VPD
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Favorable NN+ lease
Corporate Guarantee
Over 100 Units backed
The Learning Experience is an early childcare chain that develops and implements ground-breaking care and early childhood education programs nationwide. TLE is one of America’s fastest-growing...
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| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 10,416 | 118,838 | 340,680 |
| 2022 Total Population : | 10,157 | 114,253 | 324,612 |
| 2022 Employed Civilian Pop : | 5,192 | 60,161 | 171,440 |
| 2022 Total Businesses : | 185 | 2,709 | 10,534 |
| 2022 Average Household Income : | $ 126,983 | $ 117,923 | $ 113,372 |
| 2022 Total Consumer Spending : | $ 349 M | $ 4201 M | $ 11672 M |
| 2022 Median Age : | 35 | 36 | 36 |
| 2022 Total Households : | 3,210 | 41,535 | 120,038 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,675 | 18,016 | 50,963 |
| 2022 Average Home Value : | $ 474,869 | $ 452,292 | $ 419,324 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Decatur Blvd | Blue Diamond Rd | 2005 | 10,000 | 0.20 mi |
| South Decatur Blvd | W Raven Ave | 2019 | 15,000 | 0.28 mi |
| South Lindell Road | W Raven Ave | 2019 | 1,100 | 0.35 mi |
| Blue Diamond Road | Westwind Rd | 2019 | 61,500 | 0.44 mi |
| West Pebble Road | S Timber Mesa St | 2019 | 1,050 | 0.57 mi |
| West Serene Avenue | Cameron St | 2019 | 270 | 0.71 mi |
| West Torino Avenue | S Jones Blvd | 2019 | 2,900 | 0.84 mi |
| Blue Diamond Rd | S Schirlls St | 2016 | 56,000 | 0.90 mi |
| Arville Street | W Shelbourne Ave | 2019 | 3,800 | 0.90 mi |
| S Jones Blvd | W Oleta Ave | 2005 | 5,800 | 0.91 mi |
Maple Grove, MN
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R. Term 15.60 yrs
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Cap Rate 7.00%
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R. Term 14.60 yrs
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Cap Rate 6.25%
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R. Term 9.90 yrs
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Wilmington, NC
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Hoschton, GA
Cap Rate 6.75%
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R. Term 20.10 yrs
Size/SF 10,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
