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33499040
33499037

1600 East Oakey Boulevard, Las Vegas, NV 89104

HC
NV NV BS 146748
Hiltz Commercial Group
MH
NV, NV B.43031.LLC (+1)
Hiltz Commercial Group
ZS
NV S.189596
Hiltz Commercial Group
Listed by Hiltz Commercial Group
$10,500,000
3 days on market
Updated 3 days ago
Opportunity zone

1600 East Oakey Boulevard

Details
Property Type Special Purpose
Sub Type School
Square Footage 48,000
Cap Rate 6.47%
NOI $679,800
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Price per SqFt $219
Year Built 1958
Acreage 3.830
Zoning C-V, Las Vegas
Ground Lease No

Special Purpose | 6.47% CAP | 48,000 SqFt

Marketing description

Exclusively presented by Hiltz Commercial Group, 1600 E. Oakey Boulevard is an approximately 48,000 square foot educational facility situated on 3.83 acres and zoned Civic District, a rare designation in the Las Vegas Valley that allows school use by right. Offered at $10,500,000, the property is fully occupied by Innovations International Charter School of Nevada under a long-term absolute triple net lease through December 2032, providing stable in-place income with scheduled increases and limited landlord obligations. The campus features extensive classroom buildout, administrative offices, dedicated drop-off areas, secured outdoor space, and abundant on-site parking, all positioned on a large land footprint that is difficult to replicate in this infill location. The scale of the parcel and favorable zoning create strategic flexibility, and there may be a current owner-user opportunity depending on structure and timing. Please call for additional details regarding acquisition options and lease structure.

Investment highlights

Fully leased, long-term absolute NNN investment with Innovations International Charter School of Nevada in place through December 2032, providing stable, passive in-place income.

Rare Civic District zoning allowing school use by right—an increasingly scarce designation in the Las Vegas Valley that supports long-term occupancy stability.

Large 3.83-acre infill campus with ~48,000 SF improvements, featuring extensive classroom buildout, administrative offices, secured outdoor space, and dedicated student drop-off infrastructure.

Strategic flexibility and strong land basis with potential owner-user opportunity and future redevelopment optionality in a high-demand central corridor near major Las Vegas arterials.

Listing Contacts

HC
NV NV BS 146748
Hiltz Commercial Group
MH
NV, NV B.43031.LLC (+1)
Hiltz Commercial Group
ZS
NV S.189596
Hiltz Commercial Group
Listed by Hiltz Commercial Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$679,800.00
$56,650.00/mo

Valuation Metrics

0
DSCR
6.47%
Cap Rate
6.47%
ROI

Map

Zoning

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C-V SpecialCivic
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Hiltz CRE
License
NV BS 146748
Brokerage Phone
7029914391
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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