| 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
340
|
| Price/SF $580.00 | Expiration
02-28-2038
| Tenant Type Daycare/Education |
| NOI $360,000 | R. Term 13.9 | 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 throughout the country. TLE is one of America’s...
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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 |
Marana, AZ
Cap Rate 6.60%
Lease NN+
R. Term 19.11 yrs
Size/SF 9,058
Broken Arrow, OK
Cap Rate 6.65%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 10,000
Schaumburg, IL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,500
Fresno, CA
Cap Rate 7.16%
Lease NN+
R. Term 20.00 yrs
Size/SF 9,990
Sachse, TX
Cap Rate 6.85%
Lease Double NN
R. Term 14.90 yrs
Size/SF 10,000
Edmond, OK
Cap Rate 7.00%
Lease Double NN
R. Term 14.70 yrs
Size/SF 10,000
Las Vegas, NV
Cap Rate 7.00%
Lease NN+
R. Term 18.60 yrs
Size/SF 12,654
Saint Johns, FL
Cap Rate 6.30%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 12,989
Maple Grove, MN
Cap Rate 6.00%
Lease Double NN
R. Term 12.30 yrs
Size/SF 12,789
Northlake, TX
Cap Rate 6.50%
Lease NN+
R. Term 16.20 yrs
Size/SF 11,968
Oklahoma City, OK
Cap Rate 7.00%
Lease NN+
R. Term 14.10 yrs
Size/SF 10,000
Raleigh, NC
Cap Rate 6.25%
Lease NN+
R. Term 10.20 yrs
Size/SF 9,996
Fishers, IN
Cap Rate 6.82%
Lease NN+
R. Term 19.00 yrs
Size/SF 10,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
