OFFERING MEMORANDUM OR FOR INFORMATION PLEASE CONTACT:

Transcription

1 OFFERING MEMORANDUM

2 OFFERING MEMORANDUM TABLE OF CONTENTS Executive summary Property overview Rent Roll Property Aerial Floor Plans Property Location Market & area overview 0

3 EXECUTIVE SUMMARY LOCATION OVERVIEW: This property is located at South rd Street in the heart of Downtown Las Vegas. Caddy corner from the Court House, this high foot traffic location enjoys excellent exposure on both South rd Street and Lewis Avenue. Located just a few blocks from Fremont Street, this property sits in the Downtown redevelopment district which is home to several hotels and casinos, adjacent to the trendy bar scene of the Fremont East Entertainment District and the Neonopolis Mall. Downtown is also home to many governmental buildings, including the Clark County Government Center, the City and State Courts, F.B.I. Headquarters and the Metropolitan Police Department. PROPERTY OVERVIEW: This offering includes a,000 square foot Retail/Office building residing on 0. acres, located in the heart of Downtown Las Vegas. The subject property has irreplaceable street visibility on South rd Street and Lewis Avenue; caddy corner from the Court House. Of the,000 square feet, approximately,00 square feet is Leasable, the remainder is part of the common area. There are restrooms, downstairs and upstairs, an elevator, along with stairs to access the second floor and metal stairs outside in the back of the building. Currently this building houses Tenants all which are on month-to-month Leases. The entire building has suites, one of which is retail. All offices have tile flooring and majority have Koa wood walls. Also included is a parking lot with spaces along the back of the building. This property is perfect for an owner/user or an investor.

4 00 00 ADDRESS S. rd Street, Las Vegas, NV 0 MARKET/SUBMARKET Downtown Las Vegas SALE. PRICE $,00,000 PROPERTY 0 Story Retail/Office Building 0 PT PROPERTY OVERVIEW PT BARRISTER BUILDING,000 SF RETAIL/OFFICE BUILDING 00 IN DOWNTOWN LAS VEGAS S. RD STREET, LAS VEGAS, NV E PARCEL PM - APN#: BUILDING 0 AREA 0,000 SF 0 0 E 0 LAND AREA 0 0. Acres CLARK AVE MAIN ST YEAR 0 BUILT/RENOVATED Built in PT PT PT PT PT 0 PT PT LEWIS AVE VAC 00: FIRST ST VAC 00: 00 VAC 0:0 VAC 0: VAC : 0 0 CLARK AVE VAC 0000: 0 00 BRIDGER AVE 0 0 VAC 0000: 0 0 R= VAC : CARSON AVE 0.0 THIRD ST VAC :0 TAX DIST CLARKS LAS VEGAS FOURTH ST TOWNSITE 00 0 PB E PT 0 0 PB A PT PT PT 0 0 PT - 0 0PT PT PT -0 PM E VAC 0000:0 VAC 0000:0 CASINO CENTER BLVD SITE VAC * VAC : 0 SOUTH LAS VEGAS BLVD 0. 0

5 RENT ROLL TENANT BLDG SUITE TERM MONTHLY RENT ANNUAL RENT STORE FRONT RETAIL MAIL CENTER MTM $,00.00 $0,00.00 LAW OFFICE MTM $0.00 $,00.00 VACANT MTM $00.00 $,00.00 BAIL BOND 0 MTM $00.00 $,00.00 DETECTIVE MTM $.00 $,0.00 LAW OFFICE MTM $, $, VACANT MTM $.00 $,0.00 WEDDING PLANNERS MTM $0.00 $,00.00 BOUNTY HUNTERS MTM $.00 $,0.00 WEDDING PLANNERS MTM $.00 $,00.00 INTERPRETERS MTM $.00 $,0.00 LAW OFFICE MTM $00.00 $, COLLETTE MTM $0.00 $,00.00 TOTAL $,.00 $00,0.00

6 PROPERTY AERIAL US- S. RD ST SITE E. BRIDGER AVE S. TH ST LAS VEGAS BLVD

7 PROPERTY AERIAL CARSON AVE S. RD ST E. BRIDGER AVE SITE LEWIS AVE ST STREET

8 FLOOR PLANS

9 PROPERTY LOCATION

10 AREA PROFILE,000sf RETAIL/OFFICE BUILDING 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 st-most populous city in the United States, with a population at the 0 census of,. The 0 population of the Las Vegas metropolitan area was,0,. Today, Las Vegas is one of the top tourist destinations in the world. Established in 0, Las Vegas was incorporated as a city in. 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. mi (. 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 year-round: it has an average of about 00 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 00 Las Vegas Mayor Oscar Goodman announced plans for Symphony Park, which would include residential and office high-rises. In 00 the city partnered with Cheetah Wireless Technologies and MeshNetwork to pilot a wide-area mobile broadband system. The pilot system is installed downtown, around the Fremont Street experience. On October, 00, plans were unveiled to build a World Jewelry Center in Symphony Park. Similar to the World Market Center, the WJC will be a one stop shop for jewelry trade shows from around the world. IN 0, MORE THAN MILLION PEOPLE VISITED LAS VEGAS. 0