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The Learning Experience 5155 Blue Diamond Rd

10,000 SF 4-Star Retail Building Las Vegas, NV 89139 $5,800,000 ($580/SF) 6.21% Cap Rate

Investment Highlights

  • New 15 Yr. Corp Lease by Learning Experience Corp. - 450+ Locations - Best in Class
  • Strong 7-Year Corp Guarantee ($750K CAP) - Subsidiary of Golden Gate Capital - ($19B+ Market CAP)
  • TLE is #1 of all Child Care Franchise according to Entrepreneur ‘s Franchise 500
  • World Famous Tourist Destination (49M+ Yearly) - Huge Population/Business Growth
  • Brand New 2024 Prototype - 10% Rent Bumps - 15 Yr. Roof Warranty
  • Nation’s Fastest Growing Brand! - “Annual Franchise Top 500 List”

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant net leased investment that is fully leased to The Learning Experience (“TLE” – corporate) on a brand new 15-year lease. This 10,000 SF new construction retail facility provides investors with long term secure cash flows and a hedge against inflation with 10% rental increases every 5 years.
Positioned on Blue Diamond road (Nevada State Rout 160), this site sees over 55,900 VPD and is within the greater Las Vegas area which has a total population of 2.29 M. Within a 5-mile radius of the site there are 323,000 residents and 44% of households are occupied by three or more residents. Nearby retailers include The Habit Burger, Cafe Rio, Wingstop, Burger King, Little Caesars, 7-Eleven and Alberton’s.
This is an excellent opportunity to purchase a brand-new construction, single tenant net leased investment on a new 15-year lease with 10% rental increases with two 5-year options and minimal landlord obligations.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$5,800,000
Price Per SF
$580
Cap Rate
6.21%
NOI
$360,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.14 AC
Frontage
97 FT on Blue Diamond Rd

Nearby Major Retailers

Starbucks
Sharky's Woodfired Mexican Grill
The Great Greek Grill
Capriotti's
Black Rock Coffee Bar
The Habit Burger Grill
Cafe Rio
Teriyaki Madness
U.S. Bank
Cafe Zupas
  • Listing ID: 31250493

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 5155 Blue Diamond Rd, Las Vegas, NV 89139

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