SINGLE-TENANT NET LEASE INVESTMENT OPPORTUNITY (10 …

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8410 N Rafael Rivera Way Las Vegas, Nevada 89113 SINGLE-TENANT NET LEASE INVESTMENT OPPORTUNITY (10 YEARS) Rafael Rivera Way Sunset Road McCarran International Airport The “Strip” 15

Transcript of SINGLE-TENANT NET LEASE INVESTMENT OPPORTUNITY (10 …

Page 1: 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

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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

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PITCHING AVENUE

HIG

H S

TREE

TRAFAEL RIVERA WAY

GA

GIN

IER

BOU

LEVA

RD

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

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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

McCarranInternational

Airport

North Las VegasAir Terminal

ANN RD.

CRAIG RD.

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CHEYENNE AVE.

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LAKE MEAD BLVD.

WASHINGTON AVE.

SAHARA AVE.

CHARLESTON BLVD.

TWAIN AVE.

WESTCLIFF DR.

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FLAMINGO RD.

TROPICANA AVE. TROPICANA AVE.

BOULDER

WARM SPRINGS RD.

BLUE DIAMOND RD.

WINDMILL LN.

PATRICK LN.

SUNSET RD.

RUSSELL RD.

SUNSET RD.

NellisAir Force Base

PARADISE

GREENVALLEY

HENDERSON

MacDONALDRANCH

EASTLAS VEGAS

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"The St

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Raf

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Durango Drive

offramp

Sunset Road

LIFE TIMEFitness & Living

UNLVTech Park