Skip to main content

Child Care

La Petite Academy

4425 Simmons St, North Las Vegas, NV 89031

Listing Price: $2,328,960

Cap Rate
7.50%
Tenant Name
La Petite Academy
Years Remaining On Lease
1.9
Gross SF
7,800
Guarantor
Corporate Guarantee
Rentable SF
7,800
Price/Gross SF
$298.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.39

Investment Overview

La Petite Academy, Inc. is one of the nation’s largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country.

North Las Vegas is home to over 290,000 residents and is one of the fastest-growing cities in Nevada and the United States as a whole. As a premier place to live, work, and play, the city of North Las Vegas leads Southern Nevada in both new home construction and economic development.

Investment Highlights

  • Triple-Net (NNN) Corporate Lease with Annual Rental Increases
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • Seasoned Location- Tenant Operating Location Since 1997
  • 15 Feeder Elementary Schools Within a 5-Mile Radius
  • Average Household Income Exceeds $100,000 Within a 3-Mile Radius
  • More Than 430,000 Residents Within a 5-Mile Radius
  • Within a 20-Minute Drive of the Vegas Strip
  • Located in a Strong Retail Corridor - Major Tenants Include ALDI's, Smith's, The Home Depot, Walmart Supercenter, EOS Fitness, and More

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

La Petite Academy

Listing Price: $2,328,960

Cap Rate
7.50%
Tenant Name
La Petite Academy
Years Remaining On Lease
1.9
Gross SF
7,800
Guarantor
Corporate Guarantee
Rentable SF
7,800
Price/Gross SF
$298.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.39

Investment Highlights

  • Triple-Net (NNN) Corporate Lease with Annual Rental Increases
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • Seasoned Location- Tenant Operating Location Since 1997
  • 15 Feeder Elementary Schools Within a 5-Mile Radius
  • Average Household Income Exceeds $100,000 Within a 3-Mile Radius
  • More Than 430,000 Residents Within a 5-Mile Radius
  • Within a 20-Minute Drive of the Vegas Strip
  • Located in a Strong Retail Corridor - Major Tenants Include ALDI's, Smith's, The Home Depot, Walmart Supercenter, EOS Fitness, and More

Investment Overview

La Petite Academy, Inc. is one of the nation’s largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. North Las Vegas is home to over 290,000 residents and is one of the fastest-growing cities in Nevada and the United States as a whole. As a premier place to live, work, and play, the city of North Las Vegas leads Southern Nevada in both new home construction and economic development.

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

MM Texture Background
MM Textured Background Lower