8535 Blue Diamond RdLas Vegas, NV 89178
NNN Lease, 5.75% Cap Rate, Strong Tenant
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- $2,625,000 asking price for a single-tenant, net-leased preschool.
- 4,162 square foot building on a 0.43-acre lot, plus approximately 1,400 square feet of rentable outdoor playground space.
- Located at 8535 Blue Diamond Rd, Las Vegas, NV 89178, in a rapidly growing area near Mountains Edge, Rhodes Ranch, and Southwest Blue Diamond.
- 5.75% cap rate with a Net Operating Income (NOI) of $150,931.
- 10-year lease with 5.4 years remaining, including two 5-year renewal options and 3% annual rent escalations.
- Built in 2020, the property is 100% occupied by Angel Face Preschool & Childcare, a strong tenant with plans for expansion.
Property Details for 8535 Blue Diamond Rd
- Property type
- Other specialty properties, Schools
- Square Feet
- 4,162 SF
- Year Built
- 2020
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 18,731 SF
- Units
- 1
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.019435245047
- Longitude
- -115.27724560563
Nearby Similar for Sale
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