SPANISH SPRINGS BUSINESS CENTER INVESTMENT SUMMARY Sale Price: $499,000 Lot Size: Location: Zoning: Flood Zone: Utilities: ±2.98 acres Clayton Place, Sparks, NV I Industrial X Unshaded Water, Sewer, Electrical and Natural Gas to site INVESTMENT HIGHLIGHTS + + Rapid employment growth and new residential development. + + Flat level parcel ready for development with paved access to the site. + + Located in the growing Spanish Springs Business Center. + + Excellent highway visibility, adjacent to Pyramid Highway. + + All utilities available to the sites. CONTACT US BRETT EDWARDS +1 775 823 6968 brett.edwards@cbre.com www.cbre.com/brett.edwards REX MASSEY +1 775 321 4480 rex.massey@cbre.com www.cbre.com/rex.massey
SHADOW RIDGE (RYDER) TESLA SWITCH APPLE PANASONIC FOOTHILLS AT WINGFIELD SPRINGS WINGFIELD SPRINGS LA POSADA ALICE TAYLOR ELEMENTARY (LENNAR) SPARKS KILEY PIONEER MEADOWS SITE SHAW MIDDLE SCHOOL RENO SONOMA HIGLANDS (2,0 APPROVED UNITS) SPANISH SPRINGS HIGH SCHOOL Sparks Galleria & Sparks Crossing WALMART HARRIS ARTISAN HOMES (FINAL PHASE) PEBBLE CREEK Spanish Springs Business Park: A 511- acre master-planned park strategically located along Pyramid Highway within the rapidly expanding Spanish Springs area. PYRAMID HIGHWAY ARTISAN HOMES
Spanish Springs Business Park PYRAMID LAKE ARTISAN HOMES PEBBLE CREEK ARTISAN HOMES (FINAL PHASE) HARRIS SHADOW RIDGE (RYDER) LENNAR PYRAMID HIGHWAY SITE SPANISH SPRINGS HIGH SCHOOL ALICE TAYLOR ELEMENTARY SHAW MIDDLE SCHOOL LA POSADA
LOCATION DESCRIPTION The site is located just off Pyramid Highway. NEARBY AMENITIES: SITE + + Spanish Springs High School, Shaw Middle School, and Alice Taylor Elementary + + Sparks Crossing and Sparks Galleria Shopping Center (Costco, Walmart, Home Depot, St. Mary s Emergency Center, Renown Medical Clinic) + + Pyramid Lake - world class fishing and boating + + Hungry Valley off Highway Vehicle Park + + 5 minute drive to Lazy 5 Regional Park + + 60 minutes from Lake Tahoe and many ski resorts
PARCEL MAP
HARRIS TESLA SWITCH APPLE PANASONIC SHADOW RIDGE (RYDER) (LENNAR) FOOTHILLS AT WINGFIELD SPRINGS WINGFIELD SPRINGS ALICE TAYLOR ELEMENTARY CALLE DE LA PLATA To Pyramid Lake PYRAMID HIGHWAY ARTISAN HOMES (FINAL PHASE) SITE Spanish Springs Business Park ARTISAN HOMES PEBBLE CREEK
SPANISH SPRINGS SUBMARKET The Spanish Springs Valley is well positioned for success, offering strong market fundamentals, a growing population and employment combined with an expanding and successful industrial base Major employment center for the growing Reno/Sparks metro area. The Spanish Springs Business Center is located to the south of the project site. Several new significant employers are under construction in the Center. Major home builders such as Lennar, Ryder Homes, DR Horton, and Artisan Homes are active in the area. Current economic development officials are projecting ±,000 new jobs to the Reno/Sparks area by 2020. As a result of the projected growth we anticipate an increase of 60,000 people within five years to the Reno area. The area is experiencing quality job growth spurred by recent company relocations and announcements such as Tesla/Panasonic (6,0+ jobs) and Switch (2000+ jobs). CONTACT US BRETT EDWARDS +1 775 823 6968 brett.edwards@cbre.com REX MASSEY +1 775 321 4480 rex.massey@cbre.com 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.