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Child Care

Learning Care Group

10650 Alta Dr, Las Vegas, NV 89144

Listing Price: $4,989,600

Cap Rate
6.50%
Tenant Name
Tutor Time Learning Centers, LLC
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
13,400
Lease Type
Absolute Net
Rent Per Square Feet
$24.21

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.

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 6 percent. Known as The Entertainment Capital of the World, Las Vegas is an internationally renowned major resort city, regarded for its gambling, shopping, fine dining, entertainment, and nightlife. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Eight 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
  • 280,000 Plus Residents within Five Miles - Growing Las Vegas Trade Area
  • Easily Accessible by Clark County Rd 215 (110,000 Cars per Day)
  • Average Household Income Exceeds $140,000 in the Immediate Area
  • Nearby National Tenants: Costco, Albertsons, The Home Depot, Macy's, LifeTime, and More
  • Approximately 11 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

    Managing Director, Market Leader- Nevada

    (702) 215-7100

    License(s) NV: B.1002894.CORP

    Nevada

Financing By

Child Care

Learning Care Group

Listing Price: $4,989,600

Cap Rate
6.50%
Tenant Name
Tutor Time Learning Centers, LLC
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
13,400
Lease Type
Absolute Net
Rent Per Square Feet
$24.21

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Eight 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
  • 280,000 Plus Residents within Five Miles - Growing Las Vegas Trade Area
  • Easily Accessible by Clark County Rd 215 (110,000 Cars per Day)
  • Average Household Income Exceeds $140,000 in the Immediate Area
  • Nearby National Tenants: Costco, Albertsons, The Home Depot, Macy's, LifeTime, and More
  • Approximately 11 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. 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 6 percent. Known as The Entertainment Capital of the World, Las Vegas is an internationally renowned major resort city, regarded for its gambling, shopping, fine dining, entertainment, and nightlife. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world.

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

    Managing Director, Market Leader- Nevada

    (702) 215-7100

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

    Nevada

Financing By

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