The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant net leased investment that is fully leased to The Learning Experience (“TLE” – corporate) on a brand new 15-year lease. This 10,000 SF new construction retail facility provides investors with long term secure cash flows and a hedge against inflation with 10% rental increases every 5 years.
Positioned on Blue Diamond road (Nevada State Rout 160), this site sees over 55,900 VPD and is within the greater Las Vegas area which has a total population of 2.29 M. Within a 5-mile radius of the site there are 323,000 residents and 44% of households are occupied by three or more residents. Nearby retailers include The Habit Burger, Cafe Rio, Wingstop, Burger King, Little Caesars, 7-Eleven and Alberton’s.
This is an excellent opportunity to purchase a brand-new construction, single tenant net leased investment on a new 15-year lease with 10% rental increases with two 5-year options and minimal landlord obligations.