SINGLE-TENANT NET LEASE INVESTMENT OPPORTUNITY (10 …
Transcript of SINGLE-TENANT NET LEASE INVESTMENT OPPORTUNITY (10 …
8410 N Rafael Rivera Way Las Vegas, Nevada 89113
S I N G L E - T E N A N T N E T L E A S E I N V E S T M E N T O P P O R T U N I T Y ( 1 0 Y E A R S )
Rafael Rivera Way
Sunset Road
McCarranInternational Airport
The “Strip” 15
Cushman & Wakefield, as exclusive advisor, is pleased to offer the exceptionalopportunity to acquire DURANGO POINT 215 (the “Property”), a two-story flex buildinglocated in Las Vegas, Nevada. Built in 2020, the Property is 100% net-leased for10.5 years serving as the new state-of-the-art headquarters and training facilityfor Las Vegas College, an accredited health science and nursing school.
Totaling 75,000 square feet, the Property is strategically located in theLas Vegas metro area adjacent to the I-215 Beltway, west of Interstate15. This offering provides an investor the opportunity to acquire anewly constructed asset on a long-term net lease in one of the highestgrowth markets in the nation.
8410 N Rafael Rivera WayLAS VEGAS, NEVADA 89113
Suns
et R
oad
Russell Road
Freeway Access
Free
way
Acc
ess
Flamingo Road
Tropicana Avenue
Durango Drive
Buffalo Drive
Rainbow Boulevard
McCarranInternational Airport
Spanish TrailCountry Club
UNLVTechnology Park
Southern HillsHospital
The “Strip”
(mixed use)
Life TimeFitness & Living
EvoraMixed Use
ArroyoMarketplace
SpanishTower
Condos
Automotive
Industrial
Multi-Family
TheBend(dining/
entertainment/retail)
AshleyFurniture
Desert 215Superstore
Credit OneBank
IGT
Ikea
15L A S V E G A S
PITCHING AVENUE
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TREE
TRAFAEL RIVERA WAY
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BOU
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Grade-Level LoadingDock-High Loading
InstitutionallyDeveloped Asset Durango Point was institutionally developed byPanattoni and offers Class-A features andmodern design elements surrounded by anexpansive surface parking lot. The Property wasbuilt in 2020 allowing for minimal near-termcapital requirements.
Excellent Access andFreeway IdentityWith frontage on Interstate 215 near DurangoDrive, the Property is located just five (5) mileswest of Interstate 15, McCarran InternationalAirport, and the Las Vegas Strip. The site offersconvenient access with three (3) points of ingressand egress.
100% Net Leased toHealthcare EducationTenantLas Vegas College (LVC) offers vital career-orientedaccredited higher education for the healthcareindustry including associate and bachelor’s degreesin nursing, medical assistant training, and variouslab technician and related programs. The Propertywill serve as LVC’s new state-of-the-art campus andinclude classrooms and medical lab space.
I-215 BeltwayCorridor/AmenitiesSituated at “The Bend” on the I-215 Beltway, theProperty is surrounded by numerous restaurant,retail, and service amenities. In addition, fourmixed-use projects are in-progress within a one-mile radius. The area is also home to the new UNLVResearch & Technology Park, a 122-acre campusthat fosters innovation and emerging enterprises.
Las Vegas Metro AreaWith a population of 2.3 million, Las Vegas ranks inthe top 15 metro areas in the nation and has adiverse industry base in addition to gaming due toNevada’s pro-business tax structure, lower cost ofliving, and expanding labor pool. Estimated grossdomestic product is $130 billion for the region.
Investment SummaryAddresses 8410 N Rafael Rivera Way Las Vegas, NV 89113Rentable Square Feet 75,000Percent Leased 100% Year Built 2020Land Area 4.2 acresParking Stalls (Ratio) 302 (4.0 per 1,000 RSF)Power 2,000 Amps Sprinklers ESFRLoading Doors 1 Dock-High / 1 Grade-Level
INVESTMENT ADVISORS
Greg Tassi, [email protected]
702.605.1713License S.0056472
Donna Alderson, [email protected]
702.605.1692License S.0017096
6725 Via Austi ParkwaySuite 275
Las Vegas, Nevada 89119
cushwake.com
Jim R
ogers W
ay
Russell Road
Patrick Lane
Sunset Road
Warm Springs Road
Durango D
rive
Buffalo D
rive
Cimarron Road
Riley Street
Tenaya Way
Rainbow Boulevard
Fort Apache Road
Oquendo Road
(mixed-use)
Dignity HealthSt. Rose Dominican
Desert Marketplace
The ArroyoMarket Square
Southern HillsHospital and
Medical Center
215
215
NORTH LAS VEGAS
L A S V E G A S
SUMMERLIN
SUNCITY
DESERTSHORE
ELDORADO
SPRINGVALLEY
WINCHESTER
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North Las VegasAir Terminal
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SUNSET RD.
RUSSELL RD.
SUNSET RD.
NellisAir Force Base
PARADISE
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"The St
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Durango Drive
offramp
Sunset Road
LIFE TIMEFitness & Living
UNLVTech Park