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5155 Blue Diamond Rd Las Vegas, NV 89139

Sponsored
For Sale
$5,800,000

10,000 SF Daycare, 14.5-Year Lease

Property size:
10,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
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.
Property Profile Location Intelligence

Current Use by Public Records

Tire Choice Auto ... Tire Shop Grapevine Pro Tax ... Tax Preparation Service UPS Authorized Shipping ... Shipping And Mailing Service HRInnovate Consultant Nevada Healthcare Consulting Health Consultant

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.211181
Latitude
36.030526

FAQs

What type of property is this?
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).
More about this property
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