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Las Vegas Retail Sold for $4.5M

Church Buys 17,000-SF Daycare Center
October 2, 2015
Faith Community Lutheran Church has acquired the Children’s Learning Adventure Day Care Center at 10405 Griffith Peak Dr. in Las Vegas, NV from Jinbo LLC for $4.5 million, or about $265 per square foot.

The 16,996-square-foot freestanding retail building was constructed in 2008 on 1.7 acres in the West Las Vegas submarket of Clark County.

The buyer plans to use the building to expand its existing preschool.

The buyer and seller handled the deal in-house.

Please reference CoStar COMPS #3391396 for more information on this transaction.
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