5155 Blue Diamond RdLas Vegas, NV 89139

Property Details for 5155 Blue Diamond Rd

Year built

2020

Construction

FRAME

Lot size

0.95 AC

Property size (Sq ft)

6,771 SF

Property type

Auto shops

APN

176-13-813-008

APU

17613813008

Description

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.

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.03

Longitude

-115.211

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].