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1600 E Oakey Blvd
Las Vegas, NV 89104
Innovations International Charter School · Specialty Property For Sale · 48,000 SF

INVESTMENT HIGHLIGHTS

  • NNN Lease in place until December 31, 2032 with tenant that has been in place since 2009
  • 3% annual rent increases beginning 1/1/2025
  • Rent paid by successful Charter School which is funded by Clark County School District and has been operating at this location since 2009.
  • 9%+ CAP Rate!
  • $1,050,000 Solar system installed which blankets all covered parking structures.
  • True NNN Lease in place, however, current landlord has not required reimbursement for repairs/upgrades and property insurance.

PROPERTY FACTS

Property Type Specialty
Property Subtype
School
  • Specialty Religious Facility
Building Class B
Lot Size 3.83 AC
Building Size 48,000 SF
No. Stories 2
Year Built 1958
Tenancy Single
Parking Ratio 2.34/1,000 SF
Zoning C-V, Las Vegas - C-V - Civic

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-02-208-001
Land Assessment
$423,344
Improvements Assessment
$802,592
Total Assessment
$1,225,936
  • Listing ID: 30587914

  • Date on Market: 1/8/2024

  • Last Updated:

  • Address: 1600 E Oakey Blvd, Las Vegas, NV 89104

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