OFFERING MEMORANDUM
OFFERING MEMORANDUM LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
1
OFFERING MEMORANDUM LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
TABLE OF CONTENTS Investment highlights
3
Lease summary
4
Photos 5 Financial analysis
6
Property information
7
Property aerials
8-9
Site plans
10-11
Tenant overview
12
Location overview
13
Market & area overview
14
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
2
INVESTMENT HIGHLIGHTS LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
TENANT INFO: • Learning Care Group, Inc. DBA Creative Kids Learning Center • Learning Care Group, Inc. – 900+ Schools Nationwide • Upscale Child Care Facility
STABLE INCOME - EASE OF MANAGEMENT: • Brand New NNN Lease with Options • Attractive Rental Increases • New Free Standing Building Built in 2015
EXCELLENT RETAIL LOCATION: • Located Within the Affluent Master Planned Community of Aliante • Excellent Visibility on Deer Springs & Aliante Pkwy Across from Aliante Nature discovery Park and Aliante Library • Shadow Anchored by Aliante Marketplace Shopping Center
PROPERTY OVERVIEW: This offering includes a brand new single Tenant, free standing Creative Kids Learning Center (a Learning Care Group property) located in the affluent Master Planned Community of Aliante in North Las Vegas, NV. The building consists of approximately 11,331 square feet and resides on 1.14 Acres. Creative Kids Learning Center is a brand new NNN Lease consisting of a 15 year initial term with two 5 year options to renew and 10% rental increases every 5 years. The Guarantor is The Learning Care Group, the second-largest for-profit child care provider in North America and a leader in early education. This net Leased investment is perfect for an investor looking for a stable income property.
• Surrounding Retailers Include: Smith’s Grocery Store, Wells Fargo, Starbuck’s, Bank of Nevada, Citibank, Quest Diagnostics, Leslie’s Pool Supplies, KFC, Arby’s, State Farm and Many More.
PERFECT 1031 EXCHANGE PROPERTY: • No Existing Financing in Place – Brand New Construction – Pride of Ownership • Brand New 15 Year Lease in Place with Options – Rental Increases – Effective Inflation Hedge • Strong Retail Location – Surrounded by Upscale Residential • Rare Opportunity to Own a Single Tenant Net Leased Investment in Las Vegas Nevada
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
3
LEASE SUMMARY LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
LEASE SUMMARY Tenant Trade Names:
Creative Kids Learning Center
Occupancy:
100%
Number of Tenants:
1
Building Size:
11,331 SF
Land Size:
1.14 Acres
Parcel Number:
124-20-714-004
Lease Term:
15 Years
Options to Renew:
Two 5 Year Options
Current Base Rent:
$222,756.60
Construction Year:
2015/2016
Lease Type:
Single-Tenant NNN Investment
Market:
Aliante/North Las Vegas
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
4
PHOTOS LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
5
FINANCIAL ANALYSIS LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
TENANT
SQUARE FEET
% PROJECT
LEASE TERM
% INCREASE
ANNUAL RENT
MONTHLY RENT
OPTIONS TO RENEW
Learning Care Group, Inc. DBA Creative Kids Learning Center
11,331
100.000%
15 Years
10% Every 5 Years
$222,756.60
$18,563.04
Two 5 Year options
Total
11,331
100.000%
$222,756.60
$18,563.04
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
6
PROPERTY INFORMATION LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
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2385 W. Deer Springs Way 1.14 Acres This map is compiled from official records, including surveys and deeds, but only contains the information required for assessment. See the North Las Vegas, NV 89084 recorded documents for more detailed legal information. 69 YEAR BUILT/RENOVATED 81 PT39 85 84 83 82 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL PT39 MARKET/SUBMARKET 70 Built in 2015/2016 (New Construction) 46
T19
PARCEL BOUNDARY CONDOMINIUM UNIT 001 ROAD PARCEL NUMBER SUB BOUNDARY 001 PARCEL NUMER AIR SPACE PCL PM/LD BOUNDARY 1.00 ACREAGE RIGHT OF WAY PCL 12 6 ROAD EASEMENT PARCEL SUB/SEQ NUMBER SUB-SURFACE PCL MATCH / LEADER LINE PB 24-45 PLAT RECORDING NUMBER HISTORIC LOT LINE 13 7 HISTORIC SUB BOUNDARY BLOCK NUMBER7. 8 7 5 163 HISTORIC PM/LD BOUNDARY 4. 5 LOT NUMBER 16 SECTION LINE 100 GL5 GOV. LOT NUMBER
MAP LEGEND
NOTES
ADDRESS:
No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be obtained LAND AREA from the Road Document Listing in the Assessor's Office.
BOOK
ASSESSOR'S PARCELS - CLARK CO., NV. Michele W. Shafe - Assessor
This map is for assessment use only and does NOT represent a survey.
PROPERTY AERIAL LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
W.
ALIANTE
I-2
AL
IAN
TE
15
W. DEER SPRINGS
SITE
STARBUCKS TRUE LOGOS. GENERATED BY CHI NGUYEN (CHISAGITTA)
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
8
PROPERTY AERIAL LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
ALIANTE STARBUCKS TRUE LOGOS. GENERATED BY CHI NGUYEN (CHISAGITTA)
L NIA
WY
PK
I-215
TEN
N . CE
W
SITE
W.
AL
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TE
GS
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P RE TU NA
AR
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FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
9
SITE PLAN LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
A LI A N T E PA RK WAY
DEER SPRINGS WAY
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
10
SITE PLAN LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
NGS WAY DEER SPRI BLIC) (PU
22521 S.F.
49877 S.F.
SCALE: 1"=50'
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
11
TENANT OVERVIEW LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
Creative Kids Learning Center was founded in 1980 by entrepreneur Carol Levins. In 2016 Learning Care Group, Inc. acquired all 10 Creative Kids Learning Center locations and now owns seven unique child care brands Nationwide. Learning Care Group, Inc. is the secondlargest for-profit child care provider in North America and a leader in early education. Their programs are designed for children aged 6 weeks to 12 years. They are committed to providing state-of-the-art facilities with the latest technology and expert-driven curricula created by their own Education team. This Nationally accredited facility offers a multitude of learning along with indoor and outdoor activities for children from the age of 18 months to 12 years.
900+ Schools
18k+ Teachers
130k+ Children
This all adds up to one important goal: Prepare every child for school—and the future.
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
12
TENANT OVERVIEW LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
Learning Care Group, Inc. is headquartered in Novi, Michigan and operates more than 900 schools across the country and around the world. On a daily basis, with the help of 18,000+ educators, they have the capacity to educate, care for, and prepare 130,000+ children for school and the future. LIST OF BR ANDS:
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
13
LOCATION OVERVIEW LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
LOCATION OVERVIEW: This property is located within the affluent Master Planned golf course community of Aliante. At West Deer Springs & Aliante Parkway just off the I-215 Freeway, Creative Kids resides across from the 20-Acre Nature Discovery Park and Aliante Library. This 1,905 acre community includes a mix of upscale residential, office, commercial centers, dining, shopping, Aliante Golf Club and Aliante Station Casino Resort and Spa. Aliante Master Planned Community is located just 10 minutes north of the world famous Las Vegas Strip which is one of the most visited destinations in the United States. Creative Kids is conveniently located in the center of the community across from Aliante Marketplace (Smith’s Grocery Anchored), the largest retail center within Aliante and is neighbors with Firestone Tires, Dairy Queen and 7-Eleven Gas Station, Convenience Store and Car Wash. Surrounded by dense residential, this property is strategically located and perfectly positioned on West Deer Springs. This community has quickly become a vibrant commercial destination with a strong retail demand generator.
POPULATION
1-MILE
3-MILE
5-MILE
Estimated Population (2015)
15,294
113,685
232,231
Projected Population (2020)
16,579
122,269
249,802
Historical Annual Growth 2010-2015
314 0.4%
3,780 0.7%
8,707 0.8%
Projected Annual Growth 2015-2020
1,285 1.7%
8,584 1.5%
17,571 1.5%
HOUSEHOLDS
1-MILE
3-MILE
5-MILE
Estimated Households (2015)
5,149
39,312
80,804
Projected Households (2020)
5,459
41,364
84,993
Historical Annual Change 2000-2015
4,531 48.8%
27,371 15.3%
48,742 10.1%
Projected Annual Growth 2013-2018
309 1.2%
2,052 1.0%
4,189 1.0%
INCOME
1-MILE
3-MILE
5-MILE
Avg. Household Income 2015
$88,138
$76,196
$72,637
Median Household Income 2015 $78,840
$67,692
$63,864
DAYTIME DEMOS
1-MILE
3-MILE
5-MILE
Total # of Businesses 2015
180
1,315
4,425
Total # of Employees 2015
1,937
13,129
47,170
Employee Pop per Business
10.8 to 1
10.0 to 1
10.7 to 1
Residential Pop per Business
84.9 to 1
86.5 to 1
52.5 to 1
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
14
AREA PROFILE LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
Las Vegas is the most populous city in the U.S. state of Nevada and the county seat of Clark County. Las Vegas is an internationally renowned major resort city known primarily for gambling, shopping, and fine dining and is the leading financial and cultural center for Southern Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its consolidated casino– hotels and associated entertainment. A growing retirement and family city, Las Vegas is the 31st-most populous city in the United States, with a population at the 2014 census of 583,756. The 2014 population of the Las Vegas metropolitan area was 2,027,868. Today, Las Vegas is one of the top tourist destinations in the world. Established in 1905, Las Vegas was incorporated as a city in 1911. Las Vegas often refers to the city plus some areas beyond the city limits, especially the resort areas on and near the Las Vegas Strip, and sometimes the entire Las Vegas Valley. The 4.2 mi (6.8 km) stretch of South Las Vegas Boulevard known as the Strip is mainly in the unincorporated communities of Paradise, Winchester, and Enterprise. Las Vegas is situated within Clark County in an arid basin on the desert floor, surrounded by dry mountains. The Spring Mountains lie to the west. Within the city there are many lawns, trees, and other greenery. The city enjoys abundant sunshine yearround: it has an average of about 300 sunny days per year. The primary drivers of the Las Vegas economy are tourism, gaming and conventions, which in turn feed the retail and restaurant Industries. In the second quarter of 2012, something new was on the horizon for Downtown Las Vegas. Tony Hsieh, CEO of Zappos, purchased the former City Hall building, thus turning that property into Zappos corporate headquarters in Downtown Las Vegas. Since then Mr. Hsieh has put in a lot of money and effort revitalizing Downtown Las Vegas which is known as the Downtown Project. This recent project has transformed Downtown, bringing new restaurants, retail, tech buildings, annual, monthly and weekly events and a large park made out of shipping containers (Container Park) which has an outdoor hangout space that offers shopping, restaurants and a small outdoor concert venue. The Downtown project has changed Downtown Las Vegas and has increased the number of local and out of town visitors to the many events, restaurants and retail shops this area has to offer.
IN 2014, MORE THAN 41 MILLION PEOPLE VISITED LAS VEGAS.
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
15
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
1
OFFERING MEMORANDUM LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
TABLE OF CONTENTS Investment highlights
3
Lease summary
4
Photos 5 Financial analysis
6
Property information
7
Property aerials
8-9
Site plans
10-11
Tenant overview
12
Location overview
13
Market & area overview
14
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
2
INVESTMENT HIGHLIGHTS LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
TENANT INFO: • Learning Care Group, Inc. DBA Creative Kids Learning Center • Learning Care Group, Inc. – 900+ Schools Nationwide • Upscale Child Care Facility
STABLE INCOME - EASE OF MANAGEMENT: • Brand New NNN Lease with Options • Attractive Rental Increases • New Free Standing Building Built in 2015
EXCELLENT RETAIL LOCATION: • Located Within the Affluent Master Planned Community of Aliante • Excellent Visibility on Deer Springs & Aliante Pkwy Across from Aliante Nature discovery Park and Aliante Library • Shadow Anchored by Aliante Marketplace Shopping Center
PROPERTY OVERVIEW: This offering includes a brand new single Tenant, free standing Creative Kids Learning Center (a Learning Care Group property) located in the affluent Master Planned Community of Aliante in North Las Vegas, NV. The building consists of approximately 11,331 square feet and resides on 1.14 Acres. Creative Kids Learning Center is a brand new NNN Lease consisting of a 15 year initial term with two 5 year options to renew and 10% rental increases every 5 years. The Guarantor is The Learning Care Group, the second-largest for-profit child care provider in North America and a leader in early education. This net Leased investment is perfect for an investor looking for a stable income property.
• Surrounding Retailers Include: Smith’s Grocery Store, Wells Fargo, Starbuck’s, Bank of Nevada, Citibank, Quest Diagnostics, Leslie’s Pool Supplies, KFC, Arby’s, State Farm and Many More.
PERFECT 1031 EXCHANGE PROPERTY: • No Existing Financing in Place – Brand New Construction – Pride of Ownership • Brand New 15 Year Lease in Place with Options – Rental Increases – Effective Inflation Hedge • Strong Retail Location – Surrounded by Upscale Residential • Rare Opportunity to Own a Single Tenant Net Leased Investment in Las Vegas Nevada
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
3
LEASE SUMMARY LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
LEASE SUMMARY Tenant Trade Names:
Creative Kids Learning Center
Occupancy:
100%
Number of Tenants:
1
Building Size:
11,331 SF
Land Size:
1.14 Acres
Parcel Number:
124-20-714-004
Lease Term:
15 Years
Options to Renew:
Two 5 Year Options
Current Base Rent:
$222,756.60
Construction Year:
2015/2016
Lease Type:
Single-Tenant NNN Investment
Market:
Aliante/North Las Vegas
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
4
PHOTOS LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
5
FINANCIAL ANALYSIS LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
TENANT
SQUARE FEET
% PROJECT
LEASE TERM
% INCREASE
ANNUAL RENT
MONTHLY RENT
OPTIONS TO RENEW
Learning Care Group, Inc. DBA Creative Kids Learning Center
11,331
100.000%
15 Years
10% Every 5 Years
$222,756.60
$18,563.04
Two 5 Year options
Total
11,331
100.000%
$222,756.60
$18,563.04
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
6
PROPERTY INFORMATION LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
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2385 W. Deer Springs Way 1.14 Acres This map is compiled from official records, including surveys and deeds, but only contains the information required for assessment. See the North Las Vegas, NV 89084 recorded documents for more detailed legal information. 69 YEAR BUILT/RENOVATED 81 PT39 85 84 83 82 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL PT39 MARKET/SUBMARKET 70 Built in 2015/2016 (New Construction) 46
T19
PARCEL BOUNDARY CONDOMINIUM UNIT 001 ROAD PARCEL NUMBER SUB BOUNDARY 001 PARCEL NUMER AIR SPACE PCL PM/LD BOUNDARY 1.00 ACREAGE RIGHT OF WAY PCL 12 6 ROAD EASEMENT PARCEL SUB/SEQ NUMBER SUB-SURFACE PCL MATCH / LEADER LINE PB 24-45 PLAT RECORDING NUMBER HISTORIC LOT LINE 13 7 HISTORIC SUB BOUNDARY BLOCK NUMBER7. 8 7 5 163 HISTORIC PM/LD BOUNDARY 4. 5 LOT NUMBER 16 SECTION LINE 100 GL5 GOV. LOT NUMBER
MAP LEGEND
NOTES
ADDRESS:
No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be obtained LAND AREA from the Road Document Listing in the Assessor's Office.
BOOK
ASSESSOR'S PARCELS - CLARK CO., NV. Michele W. Shafe - Assessor
This map is for assessment use only and does NOT represent a survey.
PROPERTY AERIAL LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
W.
ALIANTE
I-2
AL
IAN
TE
15
W. DEER SPRINGS
SITE
STARBUCKS TRUE LOGOS. GENERATED BY CHI NGUYEN (CHISAGITTA)
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
8
PROPERTY AERIAL LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
ALIANTE STARBUCKS TRUE LOGOS. GENERATED BY CHI NGUYEN (CHISAGITTA)
L NIA
WY
PK
I-215
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W
SITE
W.
AL
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GS
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FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
9
SITE PLAN LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
A LI A N T E PA RK WAY
DEER SPRINGS WAY
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
10
SITE PLAN LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
NGS WAY DEER SPRI BLIC) (PU
22521 S.F.
49877 S.F.
SCALE: 1"=50'
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
11
TENANT OVERVIEW LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
Creative Kids Learning Center was founded in 1980 by entrepreneur Carol Levins. In 2016 Learning Care Group, Inc. acquired all 10 Creative Kids Learning Center locations and now owns seven unique child care brands Nationwide. Learning Care Group, Inc. is the secondlargest for-profit child care provider in North America and a leader in early education. Their programs are designed for children aged 6 weeks to 12 years. They are committed to providing state-of-the-art facilities with the latest technology and expert-driven curricula created by their own Education team. This Nationally accredited facility offers a multitude of learning along with indoor and outdoor activities for children from the age of 18 months to 12 years.
900+ Schools
18k+ Teachers
130k+ Children
This all adds up to one important goal: Prepare every child for school—and the future.
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
12
TENANT OVERVIEW LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
Learning Care Group, Inc. is headquartered in Novi, Michigan and operates more than 900 schools across the country and around the world. On a daily basis, with the help of 18,000+ educators, they have the capacity to educate, care for, and prepare 130,000+ children for school and the future. LIST OF BR ANDS:
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
13
LOCATION OVERVIEW LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
LOCATION OVERVIEW: This property is located within the affluent Master Planned golf course community of Aliante. At West Deer Springs & Aliante Parkway just off the I-215 Freeway, Creative Kids resides across from the 20-Acre Nature Discovery Park and Aliante Library. This 1,905 acre community includes a mix of upscale residential, office, commercial centers, dining, shopping, Aliante Golf Club and Aliante Station Casino Resort and Spa. Aliante Master Planned Community is located just 10 minutes north of the world famous Las Vegas Strip which is one of the most visited destinations in the United States. Creative Kids is conveniently located in the center of the community across from Aliante Marketplace (Smith’s Grocery Anchored), the largest retail center within Aliante and is neighbors with Firestone Tires, Dairy Queen and 7-Eleven Gas Station, Convenience Store and Car Wash. Surrounded by dense residential, this property is strategically located and perfectly positioned on West Deer Springs. This community has quickly become a vibrant commercial destination with a strong retail demand generator.
POPULATION
1-MILE
3-MILE
5-MILE
Estimated Population (2015)
15,294
113,685
232,231
Projected Population (2020)
16,579
122,269
249,802
Historical Annual Growth 2010-2015
314 0.4%
3,780 0.7%
8,707 0.8%
Projected Annual Growth 2015-2020
1,285 1.7%
8,584 1.5%
17,571 1.5%
HOUSEHOLDS
1-MILE
3-MILE
5-MILE
Estimated Households (2015)
5,149
39,312
80,804
Projected Households (2020)
5,459
41,364
84,993
Historical Annual Change 2000-2015
4,531 48.8%
27,371 15.3%
48,742 10.1%
Projected Annual Growth 2013-2018
309 1.2%
2,052 1.0%
4,189 1.0%
INCOME
1-MILE
3-MILE
5-MILE
Avg. Household Income 2015
$88,138
$76,196
$72,637
Median Household Income 2015 $78,840
$67,692
$63,864
DAYTIME DEMOS
1-MILE
3-MILE
5-MILE
Total # of Businesses 2015
180
1,315
4,425
Total # of Employees 2015
1,937
13,129
47,170
Employee Pop per Business
10.8 to 1
10.0 to 1
10.7 to 1
Residential Pop per Business
84.9 to 1
86.5 to 1
52.5 to 1
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
14
AREA PROFILE LEARNING CARE GROUP – CREATIVE KIDS LEARNING CENTER | SINGLE-TENANT NET LEASED INVESTMENT
2385 W. DEER SPRINGS WAY, NORTH LAS VEGAS, NV 89084
Las Vegas is the most populous city in the U.S. state of Nevada and the county seat of Clark County. Las Vegas is an internationally renowned major resort city known primarily for gambling, shopping, and fine dining and is the leading financial and cultural center for Southern Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its consolidated casino– hotels and associated entertainment. A growing retirement and family city, Las Vegas is the 31st-most populous city in the United States, with a population at the 2014 census of 583,756. The 2014 population of the Las Vegas metropolitan area was 2,027,868. Today, Las Vegas is one of the top tourist destinations in the world. Established in 1905, Las Vegas was incorporated as a city in 1911. Las Vegas often refers to the city plus some areas beyond the city limits, especially the resort areas on and near the Las Vegas Strip, and sometimes the entire Las Vegas Valley. The 4.2 mi (6.8 km) stretch of South Las Vegas Boulevard known as the Strip is mainly in the unincorporated communities of Paradise, Winchester, and Enterprise. Las Vegas is situated within Clark County in an arid basin on the desert floor, surrounded by dry mountains. The Spring Mountains lie to the west. Within the city there are many lawns, trees, and other greenery. The city enjoys abundant sunshine yearround: it has an average of about 300 sunny days per year. The primary drivers of the Las Vegas economy are tourism, gaming and conventions, which in turn feed the retail and restaurant Industries. In the second quarter of 2012, something new was on the horizon for Downtown Las Vegas. Tony Hsieh, CEO of Zappos, purchased the former City Hall building, thus turning that property into Zappos corporate headquarters in Downtown Las Vegas. Since then Mr. Hsieh has put in a lot of money and effort revitalizing Downtown Las Vegas which is known as the Downtown Project. This recent project has transformed Downtown, bringing new restaurants, retail, tech buildings, annual, monthly and weekly events and a large park made out of shipping containers (Container Park) which has an outdoor hangout space that offers shopping, restaurants and a small outdoor concert venue. The Downtown project has changed Downtown Las Vegas and has increased the number of local and out of town visitors to the many events, restaurants and retail shops this area has to offer.
IN 2014, MORE THAN 41 MILLION PEOPLE VISITED LAS VEGAS.
FOR INFORMATION PLEASE CONTACT: J DAPPER | 702-755-1790
ANDREA CATALANO | 702-378-1375 [email protected]
15
