Retail

Primrose Schools

3801 N Campbell Rd, Las Vegas, NV

Price:
$5,821,700

Cap Rate (Year 1):
7.10%

Cap Rate (Average):
8.54%

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Las Vegas, NV

Investment Opportunity

20-Year

NNN Lease

2.00%

Annual Rental Increases

Top Childcare

Operator with 500+ Locations

INVESTMENT HIGHLIGHTS

LAS VEGAS INVESTMENT OPPORTUNITY
9th-Fastest Growing U.S. Metro Last Decade
5th-Fastest Growing U.S. Metro 2023-2060
20-YEAR NNN LEASE & 2.00% ANNUAL INCREASES
Tenant Responsible for Roof
Landlord Responsible for Structure Only
NEVADA MARKET DYNAMICS
#1 State for Job Growth & #3 For Net Income Migration
No Corporate or Personal Income Tax & No Franchise Tax
15 MINUTES FROM LAS VEGAS STRIP
Heart of $79+ Billion Tourist Industry
Record Spending in 2022 - 25% Over Previous Record
CENTRALLY-LOCATED BETWEEN MAJOR ARTERIALS
Las Vegas Beltway (NV-215), NV-574 & US-95 all within 2 Miles

LARGE 2.10-ACRE PARCEL
Attractive Stucco Building w/Roof-Mounted Solar Panels

< 1 MILE TO SUMMERLIN MASTER-PLANNED COMMUNITY
Top 5 Development Nationally for New Home Sales
More Annual Tourist Visits than Disneyland (20M+)
DIRECTLY ACROSS & ADJACENT TO 2 PRIMARY SCHOOLS
Edith Garehime Elementary - 637 Students (PreK-5th)
Sheila Tarr Elementary - 766 Students (PreK-5th)
AFFLUENT, DENSE & RAPIDLY-GROWING MARKET
321K+ Population (5-Mi) - 14.1% Growth Since 2010
$123K+ Avg HHI (1-Mi) - Growing 15.9% by 2028