This exceptional investment opportunity presents a 10,000-square-foot, single-tenant net-leased daycare facility in Las Vegas, Nevada. The property, located at 5155 Blue Diamond Road (APN 176-13-801-047), is situated on a 1.14-acre lot and boasts a strong 6.21% cap rate with a Net Operating Income (NOI) of $360,000. The property is 100% occupied by The Learning Experience under a 15-year lease commencing June 1, 2024, and expiring May 31, 2039, with a remaining term of 14.5 years. The asking price is $5,800,000, translating to $580 per square foot. The lease includes 10% rental increases every five years, providing a hedge against inflation. This newly constructed facility benefits from a high-traffic location on Blue Diamond Road (Nevada State Route 160), experiencing over 55,900 vehicles per day. The surrounding area is densely populated, with 323,000 residents within a five-mile radius and a high percentage of households (44%) containing three or more residents. The average household income is $117,837. Nearby retailers include The Habit Burger, Cafe Rio, Wingstop, Burger King, Little Caesars, 7-Eleven, and Albertsons, indicating a strong retail environment. This investment offers a secure, long-term cash flow stream with minimal landlord responsibilities.
Property Features for 5155 Blue Diamond Rd
General Information
Property type
Day care centers
Square Feet
10,000 SF
Lot Size
49,658 SF
HighLights
New 15‑year corporate lease with The Learning Experience (TLE), a leading childcare franchise with 450+ locations.
Located in a world‑famous tourist destination attracting over 49 million visitors annually, experiencing significant population and business growth.
Strong 7‑year corporate guarantee with a $750,000 cap rate, backed by Golden Gate Capital (market cap exceeding $19 billion).
Brand new 2024 prototype building featuring 10% annual rent bumps and a 15‑year roof warranty.
TLE is ranked #1 among all childcare franchises by Entrepreneur's Franchise 500.
Nation's fastest‑growing brand, consistently ranked in the top 500 of annual franchise lists.
Day care center - 10,000 SF Daycare, 14.5-Year Lease
Where is this day care center located?
The property is located at 5155 Blue Diamond Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: New 15-year corporate lease with The Learning Experience (TLE), a leading childcare franchise with 450+ locations.; Located in a world-famous tourist destination attracting over 49 million visitors annually, experiencing significant population and business growth.; Strong 7-year corporate guarantee with a $750,000 cap rate, backed by Golden Gate Capital (market cap exceeding $19 billion).
Request Owner's contact information
5155 Blue Diamond Rd Las Vegas, NV 89139
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
5155 Blue Diamond Rd Las Vegas, NV 89139
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.
AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
5155 Blue Diamond Rd Las Vegas, NV 89139
More about this listing
5155 Blue Diamond Rd, Las Vegas, NV
Eric Carlton
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request price
5155 Blue Diamond Rd, Las Vegas, NV
Eric Carlton
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Property Records & Analytics
5155 Blue Diamond Rd, Las Vegas, NV
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request Owner's contact information
5155 Blue Diamond Rd, Las Vegas, NV
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Current Estimation by Request
5155 Blue Diamond Rd, Las Vegas, NV
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Send Message
to 5155 Blue Diamond Rd Las Vegas, NV 89139
5155 Blue Diamond Rd, Las Vegas, NV
Eric Carlton
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Google sign-in failed. Please try again or use another login method.