Properties for Sale 1 3280 E Tropicana Ave , Las Vegas ... · 1 3280 E Tropicana Ave , Las Vegas ,...

Prepared for 11/14/2018

(469) [email protected]

Properties for Sale

Presented by Jonathan AflatooniTransatlantic Real Estate Holdings

Property Details

Price $2,499,999

No. Unit 0

Gross Leasable Area 23,694 SF

Total Lot Size 1.84 AC

Property Type Retail

Property Sub-type Storefront Retail/Office

Cap Rate 6.14%

No. Stories 1

Building Class B

Year Built 1987

Zoning Description C-2, County

Tax ID/APN 162-24-802-005

Status Active

Property Notes

1 3280 E Tropicana Ave, Las Vegas, NV 89121

Sale Notes

* Seller will guaranty a 7% cap rate for the first year (conditions apply),* OR 25% down short-term seller financing,* $500K has already been discounted in this retail-office complex* Directly across from Wal-Mart, SAMs Club, McDonald's, Sprouts, GoodWill.* All tenants on long-term progressive NNN leases.* 14 individual retail office suites, New Roof* 70%+/- leased NNN, currently 6.1% cap rate, only $105 per square foot* Proforma cap rate is about 13.8% return on investment* Below market rents have huge upside growth potential* 14 contiguous expandable annex-able office retail office suites* Available A=2,495’, B=1,159', D=1,139’, FG=2,338'* All built-out 2nd generation, 1.84 acres, shared reciprocal parking* 35,000 cars a day pass by on E. Tropicana, including bus service* Huge monument signage faces E. Tropicana* Clark County Zoned C-2 General Commercial* Clark County Land Use: General Commercial* New roof, fresh paint in and out, new floor tile/carpets* Perfect for any long or short term investor* 23,694 rentable square feet, 19,725 usable square feet* Shadow Anchor: Great Buns Bakery, Tropicana Theaters, and IHOP,* Tenants include: Nevada Nails & Spa, Dry Cleaners, Tailor/Alterations, Pet Grooming, Tae Kwon Do, OniOni Miami Boutique, Credit Union, Sign Experts* Owner/Broker/Developer making dreams happen daily* Please do not disturb the tenants* All information deemed reliable. Buyer and Buyer's Broker shall verify all.

Property Description

* Seller will guaranty a 7% cap rate for the first year (conditions apply),* OR 25% down short-term seller financing,* $500K has already been discounted in this retail-office complex* Directly across from Wal-Mart, SAMs Club, McDonald's, Sprouts, GoodWill.* All tenants on long-term progressive NNN leases.* 14 individual retail office suites, New Roof* 70%+/- leased NNN, currently 6.1% cap rate, only $105 per square foot* Proforma cap rate is about 13.8% return on investment* Below market rents have huge upside growth potential* 14 contiguous expandable annex-able office retail office suites* Available A=2,495’, B=1,159', D=1,139’, FG=2,338'* All built-out 2nd generation, 1.84 acres, shared reciprocal parking* 35,000 cars a day pass by on E. Tropicana, including bus service* Huge monument signage faces E. Tropicana* Clark County Zoned C-2 General Commercial* Clark County Land Use: General Commercial* New roof, fresh paint in and out, new floor tile/carpets* Perfect for any long or short term investor* 23,694 rentable square feet, 19,725 usable square feet* Shadow Anchor: Great Buns Bakery, Tropicana Theaters, and IHOP,* Tenants include: Nevada Nails & Spa, Dry Cleaners, Tailor/Alterations, Pet Grooming, Tae Kwon Do, OniOni Miami Boutique, Credit Union, Sign Experts* Owner/Broker/Developer making dreams happen daily* Please do not disturb the tenants* All information deemed reliable. Buyer and Buyer's Broker shall verify all.

Highlights

No deferred maintenance, Perfect vehicle forany long or short term investor. Brand newRoof

Brand new $150K build-out in suite #R/S for NVNails 10-year lease.

23,694 rentable square feet, 19,725 usablesquare feet

Shadow Anchor: Great Buns Bakery, TropicanaTheaters, and IHOP,

No gray shell, all built-out 2nd generation *Owner Broker

JOIN: Nevada Nails/Spa Dry Cleaners Tailor PetGrooming Tae Kwon Do Private MailboxesCredit Union Call Center Sign Experts

Photos

Property Details

Price $3,966,000

No. Unit 0




Property Sub-type Freestanding

No. Stories 2

Building Class B

Year Built 1995

Zoning Description C-1

Tax ID/APN 163-11-501-015

Status Active

Property Notes

2 6425 W Sahara Ave, Las Vegas, NV 89146

Sale Notes

CBRE is pleased to present an exceptional opportunity for an investor to acquire 6425 W. Sahara Avenue. The building is a ±37,730 square foot two-storyoffice building.

The property is leased to Nest Featherings Fine Furniture (26,667 sf since 1995), Builders Insurance Company (3,210 sf since 2015), and Streamline Media(1,778 sf since 2014).

Ownership may consider an owner-user sale with the potential relocation of Nest Featherings.

This property is centrally located and benefits from 290 linear feet of frontage on Sahara Avenue, a heavily traveled transportation artery running east andwest throughout the Las Vegas valley with an estimated 42,000 cars passing daily.

The property is situated just two (2) miles south of US-95 and four (4) miles west of both I-15 and the Las Vegas Strip, with convenient access to the CanyonGate and Queensridge master planned communities, Toyota, Volkswagen, and NV Energy are all located within immediate proximity to the property.


CBRE is pleased to present an exceptional opportunity for an owner-user to acquire 6425 W. Sahara Avenue. The building is a Â±37,730 square foot two-story office building. The property is leased to Nest Featherings Fine Furniture (26,951 sf since 1995), Builders Insurance Company (3,210 sf since 2015), andStreamline Media (1,778 sf since 2014). This property is centrally located and benefits from 290 linear feet of frontage on Sahara Avenue, a heavily traveledtransportation artery running east and west throughout the Las Vegas valley with an estimated 42,000 cars passing daily.

Highlights

STABLE, DIVERSE TENANT ROSTER with NestFeatherings, the largest tenant (26,667sf) inplace since 1995!

CONDITION the property provides excellentcurb appeal, well maintained common areasand 32 covered parking stalls.

VALUE an excellent opportunity to acquire anoffice asset well below replacement cost.

IDEAL 1031 EXCHANGE property with noexisting financing in place.

BELOW REPLACEMENT COST with the cost ofland and construction continuing to rise, 6425W. Sahara is priced below replacement cost.

CENTRAL LOCATION the property is locatedjust 2 miles south of US-95 and 4 miles west ofthe Las Vegas Strip and 1-15.

Property Details

Price $5,700,000

No. Unit 0




Cap Rate 7.13%

No. Stories 1

Building Class C

Year Built 1979


Tax ID/APN 162-15-504-001

Status Active

Property Notes

3 3465-3495 S Maryland Pky, Las Vegas, NV 89169

Sale Notes

CBRE's Investment Properties Las Vegas is pleased to present an exceptional opportunity for an investor to acquire 3465 & 3495 S. Maryland Parkway, two (2)retail buildings consisting of ±36,070 square feet. The property is located directly across the street of the newly renovated Boulevard Mall (1.2 MSF, currently85% occupied and anchored by Macy' s, JC Penney, Old Navy), ½ mile south of Sunrise Hospital (730 beds), 1 mile north of UNLV (332 acre campus with28,515 students), and 2 miles east of the Las Vegas Strip, providing a dense infrastructure of stabilized amenities, traffic and customers.

The property is located along Maryland Parkway, at the southwest corner of Sierra Vista Drive, with more than 70,000 vehicles passing per day to the north atDesert Inn Road and supports more than 157,000 households within with a 3-mile ring. Access to the property is offered via one (1) curb cut along Sierra Vistaand one (1) curb cut along Maryland Parkway.


CBRE's Investment Properties Las Vegas is pleased to present an exceptional opportunity for an investor to acquire 3465 & 3495 S. Maryland Parkway, two (2)retail buildings consisting of ±36,070 square feet. The property is located directly across the street of the newly renovated Boulevard Mall (1.2 MSF, currently85% occupied and anchored by Macy' s, JC Penney, Old Navy), ½ mile south of Sunrise Hospital (730 beds), 1 mile north of UNLV (332 acre campus with28,515 students), and 2 miles east of the Las Vegas Strip, providing a dense infrastructure of stabilized amenities, traffic and customers.

The property is located along Maryland Parkway, at the southwest corner of Sierra Vista Drive, with more than 70,000 vehicles passing per day to the north atDesert Inn Road and supports more than 157,000 households within with a 3-mile ring. Access to the property is offered via one (1) curb cut along Sierra Vistaand one (1) curb cut along Maryland Parkway.

Highlights

Major Retail Trade Area located directly acrossfrom the Boulevard Mall.

Location within the city's RTC redevelopmentplan.

Medical Campus directly to the north consistsof Sunrise Hospital (730 beds) and includes368,255 sf of medical office.

Tenant Line Up 50% of the tenants have been inplace for more than 3 years, with several 10,15 and 20 year tenants.

Value Add Site the property boasts anexceptional opportunity to redevelop in a primelocation along a major retail corridor.

High Traffic Counts with an estimated 70,000cars passing just north at the intersection ofMaryland Parkway and Desert Inn.

Property Details

Price $18,900,000

No. Unit 0

Rentable Building Area 46,041 SF


Property Type Office

Cap Rate 6.21%

No. Stories 2

Building Class A

Year Built 2005


Tax ID/APN 176-02-511-002

Status Active

Property Notes

4 6595 S Jones Blvd, Las Vegas, NV 89118


CBRE is pleased to present a unique opportunity for an investor to acquire 6595 S. Jones Boulevard, a ±46,041 SF Corporate Headquarters office propertyoccupied by Golden Entertainment, Inc. The single-tenant office building represents one of Las Vegas’ finest suburban office buildings, constructed for thelong-term occupancy of Golden Entertainment, Inc. This offering boasts stunning tenant improvements, enjoys a fantastic location, with a twelve yearextension through December 2030 - all of which make it an attractive opportunity for investors seeking long-term stability.

Highlights

CORPORATE GUARANTY - the lease for thisheadquarters facility is corporately guaranteedby Golden Entertainment (NASDAQ: GDEN).

BEAUTIFUL CORPORATE HEADQUARTERSFACILITY - constructed in 2005 to suit companyoperations and executive offices, its dramaticcopper façade and stone

ACCESS - the property enjoys immediateaccess to the I-215 beltway and is less than 2½ miles west of I-15, providing convenientaccess.

COUPON CLIPPER - Long term, NNN leasedinvestment with minimal management required.

Photos

Property Details

Price $6,200,000

No. Unit 0





Cap Rate 7.74%

No. Stories 1

Building Class A

Year Built 2004

Zoning Description T-C

Tax ID/APN 125-20-711-004

Status Active

Property Notes

5 6610 Grand Montecito Pky, Las Vegas, NV 89149


CBRE is offering to qualified investors the opportunity to purchase the fee simple interest in the commercial property located at 6610 Grand Montecito Parkwayin Las Vegas, Nevada (the “Property”). The ±36,161-square- foot facility is leased to Schoolhouse Finance, LLC, a wholly owned subsidiary of ImagineSchools, Inc. (“Imagine Schools”). Amenities of the free-standing Property include classrooms, offices, a lunchroom, and a library; plus, an outdoor activity yardand driveways situated on approximately 3.86 acres of land.

Imagine Schools is a national non-profit network of 60 public charter campuses educating approximately 33,000 students and employing more than 3,000teachers in 9 states and the District of Columbia (as of fiscal year 2016). For fiscal year end 2015, Imagine Schools, Inc. and Imagine Schools Non Profit, Inc.reported a combined annual revenue of $340 million (please inquire within for further detailed financial reports, FYE16 revenue is not yet available to thepublic). Imagine Schools was established in 2004 and is headquartered in Arlington, Virginia.

Highlights

Single-Tenant, Absolute NNN Lease One of the Top Charter School Campuses inLas Vegas

Strategic Location with Built-In Student Base

Rapidly Expanding Educational Sector withStrong Demand

Direct Access to 215 Beltway & U.S. 95

Property Details

Price $3,500,000

No. Unit 0

Building Size 11,804 SF

Property Type Specialty

Property Sub-type Residential Income

Cap Rate 4.01%

No. Stories 34

Building Class A

Year Built 2006

Status Active

Property Notes

6 4575 Dean Martin Dr, Las Vegas, NV 89103

Sale Notes

6 UNIT 11,804 SQFT PORTFOLIO OF HIGH RISE CONDOMINIUMS IN THE PANORAMA TOWERS DEVELOPMENTThis is your unique opportunity to buy luxury real estate in a tower located closest to the NFL’s Raider Stadium set for completion in 2020. This is a package ofsix of the best properties, on some of the highest floors, in one of the best buildings, at one of the best locations you can find.Purchase these six class A properties and generate revenue from day one. Properties are rented at good rates and in excellent condition. All properties arelocated within Panorama Towers 1 & 2.

Note that this listing is for 6 condo units within the larger property 4525 & 4575 Dean Martin Dr.


Panorama Towers features contemporary design in a community comprised of 2 high rise towers. It features round the clock security, valet, and concierge.Additionally there is a fully featured fitness center, spa, and swimming pool. Other amenities include limousine service, restaurant and bar, dog park, theaterroom, billiard room, conference facilities, and complimentary cable TV services. Units feature strip views, mountain views, or both.

Highlights

Dramatic views from each unit Complimentary limousine service Prime location

Photos

Property Details

Price $2,999,000

No. Unit 0




Cap Rate 7.85%

No. Stories 1

Building Class B

Year Built 2008

Zoning Description C-2, Las Vegas

Tax ID/APN 138-02-814-033

Status Active

Property Notes

7 4035 N Rancho Dr, Las Vegas, NV 89130

Sale Notes

Established tenant with multiple locations throughout the Vegas valley. Currently on a 10 yr NN lease occupying the entire building. All improvements werecompleted for the school use in 2014. Building located inside the Ranch Alexander Business Park (RABP) with 15 buildings. RABP is one of few flex facilities inthe northwest sector which allows the facility to maintain high occupancy rates.The State of Nevada charter school receives all funds directly from the stateDept. of Education on a monthly basis. The school occupies 4 total buildings and a lot inside RABP and is looking to expand into additional buildings as theycome available. Lot lease will need to be assumed by buyer. Tenant is technically the State of Nevada and is exempt from county property taxes. Buyer willneed to complete exemption application with Clark County Tax Assessor after COE. Income and expense information below is actual trailing 7 monthsannualized.


Established tenant with multiple locations throughout the Vegas valley. Currently on a 10 yr NN lease occupying the entire building. All improvements werecompleted for the school use in 2014. Building located inside the Ranch Alexander Business Park (RABP) with 15 buildings. RABP is one of few flex facilities inthe northwest sector which allows the facility to maintain high occupancy rates.The State of Nevada charter school receives all funds directly from the stateDept. of Education on a monthly basis. The school occupies 4 total buildings and a lot inside RABP and is looking to expand into additional buildings as theycome available.

Photos

Property Details

Price $2,250,000

No. Unit 0




Property Sub-type Storefront Retail/Office

Cap Rate 6.68%

No. Stories 2

Building Class B

Year Built 1988


Tax ID/APN 138-13-401-003

Status Active

Property Notes

8 6000-6040 Smoke Ranch Rd, Las Vegas, NV 89108

Sale Notes

LOGIC Commercial Real Estate is pleased to present the opportunity to acquire the Smoke Ranch Jones Center, a stabilized investment opportunity totaling+/-17,856 square feet situated on +/-1.83 acres. The property is 68% occupied with 13 tenants featuring a diverse tenant mix including a cell tower and parkinglot water vending kiosk. There is +/-14,285 square feet on the first floor and +/-3,571 square feet of upstairs office.


LOGIC Commercial Real Estate is pleased to present the opportunity to acquire the Smoke Ranch Jones Center, a stabilized investment opportunity totaling+/-17,856 square feet situated on +/-1.83 acres. The property is 68% occupied with 13 tenants featuring a diverse tenant mix including a cell tower and parkinglot water vending kiosk. There is +/-14,285 square feet on the first floor and +/-3,571 square feet of upstairs office.

The property is located in the northwest Las Vegas submarket just off the hard corner of Smoke Ranch Rd. and N. Jones Blvd., providing tremendousexposure and visibility to over 30,000 cars per day. It is situated less than 1.5 miles from the US-95 Highway and features excellent ingress/egress and ampleparking. The property is in a dense, mature area with over 550,000 residents within a five mile radius.

Highlights

At 68% occupancy, the Smoke Ranch JonesCenter provides an excellent cash flowinginvestment opportunity.

Well under replacement cost at $2.25MM or$126 PSF.

Current rents average $1.05 PSF NNN creatingan upside opportunity. Current retail askingrates in the immediate submarket average $1.31PSF NNN.

The property features 17 diverse retail andoffice tenants including a cell tower and watervending kiosk.

The property is situated just off the hard cornerof Smoke Ranch Rd. and N. Jones Blvd.,providing exposure and visibility to over 30,000CPD.

The property is located in a dense, mature areawith over 550,000 residents within a five mileradius.

Photos

Property Details

Price $5,900,000

No. Unit 0




No. Stories 3

Building Class B

Year Built 1963


Tax ID/APN 139-34-210-079

Status Active

Property Notes

9 228 S 4th St, Las Vegas, NV 89101

Sale Notes

Three-Story Professional Office Building & Potential Downtown Redevelopment Site in the heart of Downtown Las Vegas


CBRE is pleased to present for acquisition 228 South 4th Street, a three-story ±13,852 square foot professional office building located in the heart ofdowntown Las Vegas, Nevada.

The building is 96% occupied by law firm tenants including Hofland & Tomscheck, Sullivan Hill, Dennie Law Offices and The Law Offices of Benjamin Nadig,CHTD. The property represents an ideal opportunity for an owner/occupier or a developer looking to take a position within the downtown submarket.Ownership previously prepared plans for a 23-story, 405,500 square foot boutique hotel and these plans are available to the purchaser of the property.

The architectural appeal of the office building is its classic 1960's design. The office building's grounds are in excellent condition and its interior is attractivewith balconies on the second floors providing natural ambient light, a rarity in any central business district building.

The property is situated one block west of Las Vegas Boulevard and two blocks south of Fremon Street, making it convenient to the court systems as well asmultiple hotels and casinos interlaced with dining options. There are 39 parking spaces (2.82:1,000 SF) on-site, a significant amenity for downtown, which isknown for public garages and limited on-site options.

Highlights

LOCATED IN THE HEART OF DOWNTOWNwithin walking distance of the new RegionalJustice Center, Nevada Supreme Court, andCity Hall.

ADDITIONAL INCOME STREAM the officebuilding benefits from a stable stream ofparking and antenna revenue.

POTENTIAL REDEVELOPMENT OPPORTUNITYthe property is a perfect opportunity for anowner/occupier which doubles as a long-termredevelopment play

DOWNTOWN DEVELOPMENT ACTIVITYcommercial and residential development isthriving in a "re-energized" Downtown LasVegas.

Property Details

Price $9,600,000

No. Unit 0




Property Sub-type Medical

Cap Rate 7.07%

No. Stories 2

Building Class B

Year Built 2007

Zoning Description T-C

Tax ID/APN 125-27-411-014

Status Active

Property Notes

10 5785 Centennial Center Blvd, Las Vegas, NV 89149

Sale Notes

Centennial Gateway Office is located in the Northwest submarket of Las Vegas, and is surrounded by several master planned communities with over 116,000residents within a 3 mile radius with an average household income of $85,000. Over 32,000 homes are planned within 5 miles of the subject site, furtherattracting more residents to the area. The asset is strategically positioned in the Centennial retail corridor, which is one of the strongest trade areas in SouthernNevada, and contains several national tenants including Walmart, Home Depot, Trader Joes, etc.


Logic Commercial Real Estate is pleased to exclusively represent the owner and present the opportunity to purchase Centennial Gateway Office. The assetconsists of a +/- 30,172 SF multi-tenant medical/office building located at 5785 Centennial Center Blvd., Las Vegas, NV 89149. Centennial Gateway Office is100% occupied with 61% of the tenant roster consisting of medical tenants. The new owner will benefit from a stabilized medical/office building with a secureincome stream, as 63% of the rent roll does not come due until 2023. The asset is anchored by UMC (occupies 44% of the GLA), which recently signed a 10year lease and on March 5th, will be opening a Primary Care facility and a Quick Care facility. This location will serve as their 9th location in the Las Vegasvalley. UMC has served the healthcare needs of Nevada since 1931 and is the only government run hospital in the Las Vegas MSA. UMC serves as the anchorhospital of the Las Vegas Medical District, offering Nevada’s highest level of care.

Highlights

Attractive Cap Rate: Offered at a 7% cap rate Favorable Lease Structure: All tenant leasesare NNN leases

UMC has served the healthcare needs ofNevada since 1931 and contributed asignificant dollar amount to their tenantimprovements.

Newer Construction: Centennial GatewayOffice was built in 2007

Located In The Local Major Commercial Hub:The property is surrounded by a strong nationaltenant mix, including Home Depot, Walmart,Sam’s Club, Ross

Owner/Licensee

Photos

Property Details

Price $12,999,999

No. Units 48



Property Type Multifamily

Property Sub-type Apartments

Cap Rate 5.26%

No. Stories 3

Building Class A

Year Built 2018

Tax ID/APN 134-34-410-095

Status Active

Property Notes

11 1005 S 3rd St, Las Vegas, NV 89101

Sale Notes

Appraisal is in at $14,800,000 as stabilized, $14 Million as is. Interested parties can request a copy. Leasing has started the commercial space is leased to abakery, 20 of the apartments are pre leased as of 10-1-2018. Occupancy will start in October 2018. New construction 48 unit apartments with loft designfeatures plus a bonus retail space. This project is located in the heart of the arts district called 18b. It is within walking distance of various coffeeshops,restuarants, gyms & yoga studios, local breweries and so much more. This is the first new construction apartment project in the 18b in many yearsseveral more are in planning for the area. During the lease up, Seller is willing to issue a rent guarantee on any remaining vacant units up to 90% occupancy,call for details.


all units will include a balcony, floor to ceiling windows, quartz countertops, tile backsplashes, gated entrance, communal space on 2nd floor with restroomsbbq sinks and lounge area.

Highlights

18b Arts District New Construction Loft Vibe

Unit Mix Information

Description No. Units Avg. Mo. Rent Sq. Ft.

0+1

2+1

Photos

Property Details

Price $4,350,000

No. Unit 0




Property Sub-type Storefront

Cap Rate 8.01%

No. Stories 1

Building Class C

Year Built 1999


Tax ID/APN 140-33-310-010

Status Active

Property Notes

12 320 N Nellis Blvd, Las Vegas, NV 89110

Sale Notes

Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase Regency Plaza, a 28,281 SF retail center located at 320 N. NellisBoulevard in Las Vegas, Nevada. This multi-tenant retail property is currently 100% occupied with below market rents and a mix of local tenants surrounded byNational Retailers such as Wal-Mart, Ross, Smith’s, Goodwill, .99 Cent Only Store, Target, among others. The rent roll is 100% Internet resistant and the majortenant is a strong local Events center tenant with a 25 year history.

Regency Plaza consists of one single story ±28,281 SF multi-tenant retail building, situated on ±2.83 acres. The property includes excess land of roughly 1acre in the rear of the center which can be utilized for future development such as self-storage. Prior plans included a 10,000 SF pad for office or mini-storageand 4,500 SF Retail/Office Pad. Access to the property is provided via three access points along Nellis Boulevard, and one on Stewart Avenue through theadjoining property’s parking lot. Southbound Nellis Boulevard traffic has one non-signalized turn-in servicing the property.


Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase Regency Plaza, a 28,281 SF retail center located at 320 N. NellisBoulevard in Las Vegas, Nevada. This multi-tenant retail property is currently 100% occupied with a mix of local tenants and surrounded by National Retailerssuch as Wal-Mart, Ross, Smith’s, Goodwill, .99 Cent Only Store, Target, among others. The rent roll is 100% Internet resistant and the major tenant is a stronglocal Events center tenant with a 25 year history.

Regency Plaza consists of one single story ±28,281 SF multi-tenant retail building, situated on ±2.83 acres. The property includes excess land of roughly 1acre in the rear of the center which can be utilized for future development. Prior plans included a 10,000 SF pad for office or mini-storage and 4,500 SFRetail/Office Pad. Access to the property is provided via three access points along Nellis Boulevard, and one on Stewart Avenue through the adjoiningproperty’s parking lot. Southbound Nellis Boulevard traffic has one non-signalized turn-in servicing the property.

Highlights

Below Market Rents - NNN rents are far belowthe market average of $1.25 - $1.75 NNN PSF

Future Development - Excess 1 acre of land forfuture development for uses such as office,retail or mini-storage

100% Internet Resistant Tenants - Service,Medical, Restaurant and Entertainment usescomprise 100% of the rent roll

National Credit - Surrounded by National CreditTenants such as WalMart, Ross, Smith’s,Goodwill, 99 Cent Store, Target, adjacentDenny’s & Super Pawn

Dense Residential Location - Population of over218,150 residents within a 3-mile radius

Full Commercial Kitchens - Suite 6 and Suites 7-8 include full commercial kitchens

Photos

Property Details

Price $30,000,000

No. Unit 0




Cap Rate 7.00%

No. Stories 3

Building Class A

Year Built 2008


Tax ID/APN 164-13-712-020

Status Active

Property Notes

13 3755 Breakthrough Way, Las Vegas, NV 89135

Sale Notes

LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a Class A, LEED Silver certified office property located in Las Vegas, Nevada.This institutional quality, three-story office building is approximately +/- 101,977 SF, and is strategically located in the upscale master planned community ofSummerlin, adjacent to the CC 215 Beltway. This highly visible Class A office property is served by ample, on-site parking with a combination of surface and theexclusive use of an oversized 5-story parking garage that provides an overall project parking ratio of nearly 6 spaces per 1,000 SF, which is well above themarket standard. Additionally, Breakthrough Way offers a modern, highly flexible floor plate design and is able to accommodate a wide range of tenant sizesand space designs.


Due to its LEED Silver Certified credentials, this building provides ownership with an operating cost advantage over competing properties due to energyefficiency, water efficient landscaping, perception of a safer environment for occupants, and potential access to niche tenant audiences that require LEEDcertification. This location is an ideal location for high image professional office users providing easy freeway access within Summerlin and other parts of theSouthwest Las Vegas valley, while providing numerous supporting amenities within close proximity such as Summerlin Hospital, Red Rock Casino Resort &Spa, and Downtown Summerlin. In addition, 3755 Breakthrough Way shares a Class A office campus with the Roseman University of Health Sciences at theirSummerlin campus location, which is the newest addition to the Roseman University system, housing their College of Medicine. It is also home to the College ofMedicine’s medical research teams, conducting research on areas such as diabetes and obesity, cancer, Alzheimer’s and Parkinson’s disease, andcardiovascular disease.

Highlights

Unique opportunity to purchase a Class A,LEED certified office building in the highlysought after Summerlin master-plannedcommunity

Irreplaceable Summerlin location situated at theTown Center and CC 215 off-ramp

Above market standard parking ratio at nearly6:1,000 with potential for increased futureincome from parking structure from adjacentbuildings

Average lease rate below other marketaverage rental rates

Rent roll has staggered expirations, with nearly60% of tenants not expiring until 2023

Photos

Property Details

Price $3,539,140

No. Unit 0




Property Sub-type Department Store

No. Stories 1

Building Class B

Year Built 1991

Zoning Description LCD

Tax ID/APN 138-14-101-006

Status Active

Property Notes

14 3130 N Rainbow Blvd, Las Vegas, NV 89108

Sale Notes

Please do not disrupt or alert existing tenants. Building has short term tenants that either could be made long term tenants or the building could be made available in part or entirely with 60 days notice.At current income, this would represent an approximate eight percent (8%) capitalization rate. Building is in a very successful shopping center anchored by Smith's Food & Drug and across the street from a center with WalMart, Ross Dress For Less andAutozone.


Please do not disrupt or alert existing tenants. Building has short term tenants that either could be made long term tenants or the building could be made available in part or entirely with 60 days notice.At current income, this would represent approximately and eight percent (8%) capitalization rate. Building is in a very successful shopping center anchored by Smith's Food & Drug and across the street from a center with Walmart, Ross Dress For Less,Marshall's and Autozone.

Highlights

Smith's Food & Drug Grocery anchored center Can be bought or leased Great area demographics west into Summerlinand north into Centennial Hills and access towide regional area with it's close proximity toUS-95

Photos

Property Details

Price $7,500,000

No. Unit 0




Cap Rate 6.45%

No. Stories 1

Building Class A

Year Built 2002

Zoning Description P-C

Tax ID/APN 138-30-510-014

Status Active

Property Notes

15 9525 Hillwood Dr, Las Vegas, NV 89134

Sale Notes

113 total parking spaces, 40 of which are covered, 5 handicapped, 68 non covered. Owner Will Carry Scheduled gross income, & CAP Rate are pro Forma with 100% occupancy. Currently for lease suite #190 which accounts for +or- 3,571 sq ft of the building.Roughly 85% occupancy currently. Operating expenses are the total for 2017 and do not include $8147 for one time building repairs.


Tremendous up-side (value adds) to this property which most tenants are below market rents. Excellent source of employment within the immediate area withhighly educated work force. Summerlin Location with 2 turn access from the main freeway system (N. Town Center) of Summerlin Parkway which feeds intothe I-95, I-15, and I-215.

113 total parking spaces, 40 of which are covered, 5 handicapped, 68 non covered. This property has excellent freeway access and easy of ingress and egress. Located parallel to Summerlin Parkway and N. Town Center Dr.Located in one of the designated Office Districts within the Large master planned community of Summerlin, called The Hills South.

Highlights

Summerlin Location, Single Story Construction,adjacent to the Summerlin Parkway. OWC

Photos

Property Details

Price $4,600,000

No. Units 60



Property Type Multifamily

Property Sub-type Apartments

Cap Rate 6.02%

No. Stories 3

Building Class C

Year Built 1984

Zoning Description R-PD46, Las Vegas

Tax ID/APN 139-29-811-004

Status Active

Property Notes

16 2221 W Bonanza Rd, Las Vegas, NV 89106


Prime Investor Sale! Immediate cash flow. Rentals up to $700/month! New owner has future opportunity to receive market value rent while still beingcompetitive, therefore increasing the return. The current owner has a list of applicants waiting to move into Bonanza Park, 98% occupied! (LOI, POF,andConfidentiality Required for Financials.)

This Bonanza Park sale includes a total of Sixty (60) Condominium units, 400 Sq. Ft. Great room, open space! ALL appliances included. Tile. Washer and Dryerincluded in each unit. Full kitchen/breakfast bar. One sliding door closet. One walk-in closet space, and an extra storage closet outside your entry! Ceiling Fan.Full Bathroom. Updated newer appliances. Vertical Blinds.

Great investment opportunity. 98% Occupied! The Bonanza Park community is centrally located near Bonanza/Rancho, and the 95/Rancho Exit. Within minutesof Downtown Las Vegas, and The Las Vegas Strip. Open parking! MONTH TO MONTH LEASES- NO DEPOSITS!

Offers, including (P.O.F) can be e-mailed, to the attention of Tiffanie Wood. Ownership will provide updates through their broker on the final due date for offers,as well as any changes or updates to the information on the offering or on the status of the property. Investor/Buyer/Principal Building tours can be coordinatedby contacting Tiffanie Wood. Additional due diligence and other materials are available upon request. *Cash | Commercial Financing | 1031 Exchange. *LOI, POF,and Confidentiality Required for Financials.

RENTAL INCREASE AS OF 6-1-2018 and 9/1/2018! *CAP Rate includes ONE-TIME Remodel cost. (Unit mix location: Floors 1-3, located within 3 of the 4 buildings,A, B, C, within the same complex.) PLEASE NOTE: THE COMPLEX IS NOT FOR SALE. 60 CONDOMINIUM UNITS.

*Tenant Utilities- Electric | Cable | Phone

Highlights

LOW H.O.A $88/Month Community Pool & Spa 98% Occupied

Onsite Security Desert Landscaping

Unit Mix Information

Description No. Units Avg. Mo. Rent Sq. Ft.

0+1

1+1

Photos

Property Details

Price $3,253,680

No. Unit 0





Cap Rate 6.00%

No. Stories 1

Building Class B

Year Built 2001


Tax ID/APN 125-16-318-016

Status Active

Property Notes

17 8025 Farm Rd, Las Vegas, NV 89131

Sale Notes

LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a single tenant tavern NNN sale leaseback investment opportunity in Las Vegas.This thriving tavern is in the Northwest Las Vegas submarket featuring a +/-4,519 square foot tavern with 15 gaming machines and full kitchen. Upon close ofescrow, Seller will sign a new triple net 10 year lease at $3.60 per square foot. Seller has two tavern locations in town with a strong gaming and restaurantoperating history.

The property is located near the signalized intersection of Farm Road and Cimarron Road east of the 215 Beltway. This excellent location with frontage on FarmRoad is surrounded by numerous rooftops featuring 202,985 residents within a 5 mile radius. The site benefits from strong surrounding demographics with amedian household income of $72,570 within a 1 mile radius.


LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a single tenant sale leaseback investment opportunity. This thriving tavern is inthe Northwest Las Vegas submarket featuring a +/-4,519 square foot tavern with 15 gaming machines and full kitchen. Upon close of escrow, Seller will sign anew triple net 10 year lease at $3.60 per square foot. Seller has two tavern locations in town with a strong gaming and restaurant operating history.

The property is located near the signalized intersection of Farm Road and Cimarron Road east of the 215 Beltway. This excellent location with frontage on FarmRoad is surrounded by numerous rooftops featuring 202,985 residents within a 5 mile radius. The site benefits from strong surrounding demographics with amedian household income of $72,570 within a 1 mile radius.

Highlights

Sale Leaseback Opportunity: Single tenant triplenet tavern investment featuring brand new 10year lease

Established Tavern and Operator: +/-4,519 SFtavern with restaurant and 15 gaming machinesoperating since 2006

Strong Demographics: Population of 202,985within 5 miles of the site with an averagehousehold income of $72,570 within a 1 mileradius

Priviledged License: The site features a highlydesirable Nevada restricted gaming license for15 gaming machines

Photos

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