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Child Care

Learning Care Group

5125 S Torrey Pines Dr, Las Vegas, NV 89118

Listing Price: $3,080,000

Cap Rate
6.75%
Tenant Name
Creative Kids Learning Center
Years Remaining On Lease
9.0
Guarantor
Corporate Guarantee
Rentable SF
10,597
Lease Type
Absolute Net
Rent Per Square Feet
$19.62

Investment Overview

Creative Kids Learning Centers provide quality child care and early learning experiences with programs for children of all ages – from infants up to school-age students. Creative Kids is accredited by NECPA (National Early Childhood Program Accreditation), having met more than 250 high-quality indicators in areas such as curriculum, student progress, and health and safety. Creative Kids serves the Las Vegas community through10 centers located throughout the metro area.

The Las Vegas-Henderson-Paradise MSA is one the fastest-growing metros in the nation, with a population of more than 2.3 million. Over the next five years, the metro’s population is expected to grow by six percent.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Nine Years Remaining on Lease Term
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with More Than 1,150 Schools Across 11 Brands
  • Eight Percent Rental Increase Occurring in 2027 and in Each of Two, Five-Year Renewal Options
  • 389,196 Residents within Five Miles - Growing Las Vegas Trade Area
  • Adjacent to the Spanish Trail Master-Planned Community, Spanning Over 640 Acres with 1,200 Plus Homes and a 27-Hole Championship Golf Course
  • Average Household Income Exceeds $92,000 in the Surrounding Area
  • Easily Accessible Location Immediately Off Tropicana Avenue, Providing a Direct Route to the Las Vegas Strip
  • Approximately 14 Feeder Elementary Schools within a Five-Mile Radius

Exclusively Listed By

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

Broker of Record

  • Cameron Glinton

    Regional Manager

    (702) 215-7100

    License(s) NV: B.1002894.CORP

    Nevada

Financing By

Child Care

Learning Care Group

Listing Price: $3,080,000

Cap Rate
6.75%
Tenant Name
Creative Kids Learning Center
Years Remaining On Lease
9.0
Guarantor
Corporate Guarantee
Rentable SF
10,597
Lease Type
Absolute Net
Rent Per Square Feet
$19.62

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Nine Years Remaining on Lease Term
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with More Than 1,150 Schools Across 11 Brands
  • Eight Percent Rental Increase Occurring in 2027 and in Each of Two, Five-Year Renewal Options
  • 389,196 Residents within Five Miles - Growing Las Vegas Trade Area
  • Adjacent to the Spanish Trail Master-Planned Community, Spanning Over 640 Acres with 1,200 Plus Homes and a 27-Hole Championship Golf Course
  • Average Household Income Exceeds $92,000 in the Surrounding Area
  • Easily Accessible Location Immediately Off Tropicana Avenue, Providing a Direct Route to the Las Vegas Strip
  • Approximately 14 Feeder Elementary Schools within a Five-Mile Radius

Investment Overview

Creative Kids Learning Centers provide quality child care and early learning experiences with programs for children of all ages – from infants up to school-age students. Creative Kids is accredited by NECPA (National Early Childhood Program Accreditation), having met more than 250 high-quality indicators in areas such as curriculum, student progress, and health and safety. Creative Kids serves the Las Vegas community through10 centers located throughout the metro area. The Las Vegas-Henderson-Paradise MSA is one the fastest-growing metros in the nation, with a population of more than 2.3 million. Over the next five years, the metro’s population is expected to grow by six percent.

Exclusively Listed By

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

Broker of Record

  • Cameron Glinton

    Regional Manager

    (702) 215-7100

    License(s): NV: B.1002894.CORP

    Nevada

Financing By

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