For Sale. Key Center. 100% Leased Corner Anchored Neighborhood Retail Center Sales Price is $3,200, % Cap Rate - $300.

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Stanley Dennis
5 years ago
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per square foot July 208 0,683 Square Foot Retail Building situated on 0.

1 For Sale Key Center 00% Leased Corner Anchored Neighborhood Retail Center Sales Price is $3,200, % Cap Rate - $0. per square foot July 208 0,683 Square Foot Retail Building situated on 0.7 Acres 2 East Sahara Avenue, Las Vegas, Nevada 8904 Located at the northeast corner of Sahara and Eastern For more information or to schedule a tour, please contact Benjamin J Super

2 Page 2: Financial Overview Super Realty is exclusively marketing the Key Center, a 00% leased corner anchored neighborhood retail center located at the northeast corner of Sahara and Eastern in Las Vegas, Nevada. Anchored by 7-Eleven and Wireless Toys on each side, the centers other tenants include Cherry Berries, La Ca Sita Mexican Restaurant, LV Taxes & Insurance, Vapor Cloud and Pharmacy. This is a superior eastside location with excellent demographics and traffic counts. This prominent Las Vegas intersection is known for both the many retail, office and new & used automotive dealerships located in close proximity. Furthermore, Valley High School and K. O. Knudson Middle School are also neighbors together with Jaycee Community Park located nearby. The Key Center is available for sale as follows: Sales Price: $3,200,000. CAP Rate: 5.57% CAP Rate Price per square foot building: $0 per square foot Price per square foot land: $03 per square foot Typical Lease Type: NNN; Tenants are invoiced for roof repairs through the CAMs. Tenants (except for 7-Eleven) are also responsible for structure through the CAMs Address: 23, 25, 27, 29, 24, 243 and 245 East Sahara Avenue, Las Vegas, Nevada 8904 Located at the northeast corner of Sahara and Eastern APN: Airport Directions: Exit McCarran International Airport heading north on Swenson until Sahara Ave. Turn Right (east) onto Sahara. Continue down East Sahara until you reach Eastern. The property is situated at the corner. City: The property is located in the City of Las Vegas, Clark County, Nevada 8904 Size: 0,683 Square Feet Land: 0.7 acres, square feet Construction Type: Frame and Stucco Year Built: 986 Zoned: Limited Commercial District (C-) Utility Services: Water; Las Vegas Valley Water District Power; NV Energy Gas; Southwest Gas Sewer; City of Las Vegas Sewer Service Cooperation: 2% Broker Cooperation Encouraged

3 Page 3: CAP Rate Analysis and Rent Roll

4 Page 4: Property Photos Subject property:

5 Page 5: Property Photos Back parking lot and main pylon sign

Page 6: Tenant Profiles 7-Eleven Wireless Toyz 7-Eleven is a Japanese-owned American international chain of convenience stores, headquartered in Irving, Texas, that operates, franchises, and licenses

Other products include: fresh-made daily sandwiches, fresh fruit, salads, bakery items, hot and prepared foods, gasoline, dairy products, carbonated beverages and energy drinks, juices, financial

6 Page 6: Tenant Profiles 7-Eleven Wireless Toyz 7-Eleven is a Japanese-owned American international chain of convenience stores, headquartered in Irving, Texas, that operates, franchises, and licenses some 64,39 stores in 8 countries as of January Eleven in the United States sells Slurpee drinks, a partially frozen soft drink and Big Gulp beverages. Other products include: fresh-made daily sandwiches, fresh fruit, salads, bakery items, hot and prepared foods, gasoline, dairy products, carbonated beverages and energy drinks, juices, financial services, and product delivery services. Wireless Toyz offers a onestop cellular shopping experience that is truly one-of-akind. If you ve never visited your local Wireless Toyz store, here s a glimpse of what you ll find inside. One-stop convenience allows you to find your next cell phone easier From Bluetooth devices to Aircards, and from Palm to Blackberry, Wireless Toyz offers an enormous selection of brands, accessories, rate plans, and more, all under one roof. Plus, with 72 locations across the nation, we re an easy-to-find destination for all of your cellular needs.

Page 7: Tenant Profiles Continued: LV Insurance and Taxes Cherry Berries LV Insurance and Taxes, owned by Edward Freij, is a full service office offering tax services, insurance service, same day

Cherry Berries is a cute little cafe! Menu items include Licuados, Paninis, Carne Asada Nachos, and Ensaladas.

7 Page 7: Tenant Profiles Continued: LV Insurance and Taxes Cherry Berries LV Insurance and Taxes, owned by Edward Freij, is a full service office offering tax services, insurance service, same day SR22, notary public, Rompe and traffic tickets, low down payments, low monthly payments, liability and offering full coverage products. Healthy Eating with Great Taste! Cherry Berries is a cute little cafe! Menu items include Licuados, Paninis, Carne Asada Nachos, and Ensaladas. The owner says that I grew up on this side of town and remember that nothing cute or new ever moved in except for taco shop after taco shop. Now I love a good taco, but I don t want tacos every day. Everyone needs some variety in food options! I am happy this side of town is finally getting some new business love! com/

com/ Vapor Cloud is our newest tenant and an alternative to traditional tobacco products. Although much data and research remains, we are excited about the antidotal healthier-benefits vaping offers.

8 Page 8: Tenant Profiles Continued: La Casita Mexican Restaurant LV Vapor Cloud La Casita Mexican Restaurant LV is both authentic and delicious. Specializing in Antojitos, platillos, mariscos, cerveza and preparadas, chef and owner De Dona Machi creations will have you coming back for seconds. Vapor Cloud is our newest tenant and an alternative to traditional tobacco products. Although much data and research remains, we are excited about the antidotal healthier-benefits vaping offers. However, we are not promoting excessive and reckless vaping. So please do your part and maintain a healthier life-style and betterchoices. We can do it Overcome any vice that lowers ones self-esteem. We will see you there so bring your question about vaping or experience to share. comcastbiz.net/

9 Page 9: Site Plan

10 Page 0: Aerial View

R= 53.89 68.97 98.3 96.08 58.53 24.59 05.9 60 7 8 9 Page : Parcel Map 8 0 2.8 0 23.56 0. 7.03 005 006 003 26.75 007 222 60 670 L=64.06 65 08 608.

11 R= Page : Parcel Map L= SAHARA AVE = R LEASE R= SUBJECT PM LEASE LEASE PM EASTERN AVE ATLANTIC ST MCLEOD ST LEASE D DAWSON PARK DAWSON PB 5-26 ST LOUIS ST TRACT 3 U R= TRACT 3 UNIT SECTION LINE Scale: " = 200' Rev: 08/5/202 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM X7 ORIGINAL NOTES This map is compiled from official records, including surveys and deeds, but only contains the information required for assessment. See the recorded documents for more detailed legal information. MAP LEGEND 5 5 GL5 BLOCK NUMBER LOT NUMBER GOV. LOT NUMBER 5 5 HISTORIC SUB BOUNDARY HISTORIC PM/LD BOUNDARY MATCH / LEADER LINE HISTORIC LOT LINE PLAT RECORDING NUMBER SUB-SURFACE PCL No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be obtained from the Road Document Listing in the Assessor's Office. PARCEL BOUNDARY SUB BOUNDARY PM/LD BOUNDARY ROAD EASEMENT PB PARCEL SUB/SEQ NUMBER RIGHT OF WAY PCL AIR SPACE PCL PARCEL NUMER ACREAGE CONDOMINIUM UNIT ROAD PARCEL NUMBER This map is for assessment use only and does NOT represent a survey. ASSESSOR'S PARCELS - CLARK CO., NV. Michele W. Shafe - Assessor BOOK T2S R6E S 2 SW SEC. MAP

12 Page 2: Las Vegas Overview Map

13 Page 3: Demographics

14 Page 4: 205 Traffic Count Information

15 Page 5: Las Vegas Overview Las Vegas has indeed recreated itself again to usher in a new level of entertainment. The news is now dominated by the Raider s Stadium currently under construction, an unbelievable Golden Knights first season and the new Summerlin Howard Hughes AAA baseball stadium currently being built for the Las Vegas 5 s. The Las Vegas Strip is vibrant. The latest monthly visitor count approached 3.4 million visitors for January 208. Demand for new residential and commercial properties are on the rise. Las Vegas, Spanish for "The Meadows", officially the City of Las Vegas, is the most populous city in the state of Nevada, the county seat of Clark County, and the city proper of the Las Vegas Valley. Las Vegas is an internationally renowned major resort city known primarily for gambling, shopping, fine dining, and nightlife and is the leading financial, commercial, and cultural center for Southern Nevada. Las Vegas is generally used to describe not just the city itself, but areas beyond the city limits especially the resort areas on and near the Las Vegas Strip and the Las Vegas Valley. The 4.2 mi (6.8 km) stretch of South Las Vegas Boulevard known as the Las Vegas Strip is in the unincorporated communities of Paradise, Winchester, and Enterprise. The city bills itself as The Entertainment Capital of the World, and is famous for its mega casino hotels and associated entertainment. A growing retirement and family city, Las Vegas is the 29th-most populous city in the United States, with a population of 603,488 at the 203 United States Census Estimates. The 203 population of the Las Vegas metropolitan area was 2,027,828. The city is one of the top three leading destinations in the United States for conventions, business, and meetings. In addition, the city's metropolitan area has more AAA Five Diamond hotels than any other city in the world, and is a global leader in the hospitality industry. Today, Las Vegas is one of the top tourist destinations in the world. Established in 905, Las Vegas was incorporated as a city in 9. At the close of the 20th century, Las Vegas was the most populous American city founded in that century. The city's tolerance for numerous forms of adult entertainment earned it the title of Sin City, and has made Las Vegas a popular setting for films, television programs, and music videos.

±15.01 Acres, H-2 Zoned SEC Las Vegas Blvd & Chartan Ave / Las Vegas, NV 89183

±15.01 Acres, H-2 Zoned SEC Las Vegas Blvd & Chartan Ave / Las Vegas, NV 89183 Las Vegas Strip Property Highlights South Point Hotel & Casino Developers dream location for a hospitality; apartment or commercial tourist development Hard to find contiguous acreage in the path of development