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La Petite Academy 2121 Harbor Island Dr 7,872 SF Retail Building Las Vegas, NV 89128 $3,000,000 ($381.10/SF) 4.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in Summerlin – One of Las Vegas’ most affluent and top-performing master-planned communities
- Prime Location – Positioned near major arterials with strong traffic counts and easy access
- Ideal Investment Opportunity– NNN lease structure with minimal Landlord responsibilities
- Long-Term Tenant – National childcare provider La Petite Academy in place, offering stable in-place income with upside
- Surrounded by Dense Residential – Established neighborhoods with strong demographics and high household incomes
EXECUTIVE SUMMARY
SVN | The Equity Group is pleased to present a prime investment opportunity at 2121 Harbor Island Drive, Las Vegas, NV. This 7,872 SF free-standing building, built in 1997, is fully occupied and well-positioned for long-term returns. The property has been home to La Petite Academy since 1997, one of the nation’s most recognized early childhood education providers, operating over 450 schools across the U.S. Located in the affluent Summerlin submarket of Las Vegas and zoned Limited Commercial (C-1), the site offers strong fundamentals for retail and commercial investors alike. With a long-term tenant in place and 100% occupancy, this asset offers immediate cash flow and has great upside potential.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,872 SF
Building Class
B
Year Built
1997
Price
$3,000,000
Price Per SF
$381.10
Cap Rate
4.57%
NOI
$137,222
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.98 AC
Zoning
C1, Las Vegas
Parking
38 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
133’ on Harbor Island
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Educational Services
- -
- -
-
Jan 0000
At La Petite Academy, children experience all the joys of childhood while forming strong social and educational foundations. Children learn to respect one another and to work together as they have fun. Here, they discover the joy of learning. As a STEM educator, science, technology, engineering, and math are integrated into everything they do in the classroom. Petite Academy's collaborative, nurturing classrooms offer programs that range from infant care to school-age clubs. Discover the joy of learning. Discover La Petite Academy.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Educational Services | - | - | Jan 0000 |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 138-21-211-004 | Improvements Assessment | $331,585 |
| Land Assessment | $231,737 | Total Assessment | $563,322 |
PROPERTY TAXES
Parcel Number
138-21-211-004
Land Assessment
$231,737
Improvements Assessment
$331,585
Total Assessment
$563,322
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La Petite Academy | 2121 Harbor Island Dr
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