ABOUT THE PROPERTY As a community within a community in Southern Highlands, KAKTUSlife is the premier mixed-use development featuring more than 20,000 square feet of retail, restaurant, and office space surrounded by 210 multi-family residential units in , . Delivered in 2019, these commercial spaces are ready to be built to fit business needs and benefit from the on-site consumer base from the apartment complex and the surrounding residential neighborhoods within walking distance. Strategically located in an established commercial corridor right off the Las Vegas Freeway/Interstate 15, KAKTUSlife is also in proximity to McCarran International Airport, Town Square, the renowned , and the Raiders Practice Facility, all about 10 minutes away. This ease of access from the area’s major thoroughfares allows businesses to reach a strong surrounding consumer base, with more than 107,818 people living in a three-mile radius. This robust population boasts an average household income of more than $93,000 and contributed to a consumer spending total of $1.1 billion. https://www.loopnet.com and https://kaktus-life.com

ABOUT SOUTHWEST LAS VEGAS Southwest Las Vegas' population grew rapidly this cycle, and the area has been at the heart of Las Vegas’ recent apartment construction boom. The majority of new apartments are high-end, luxury units, drawing upper income residents to the area. Shopping centers and other retail properties congregate near Interstate 215 beltway and other major access routes. Retail shops and restaurants in areas like Spring Valley also draw demand from the numerous office employers in the area, including major tenants like Credit One bank. The local population is well-educated and median household incomes in the area are generally above average for the Las Vegas region. The area is also home to Allegiant Stadium, the new venue for the , and restaurants and shops will likely see increased traffic on event days. While Southwest Las Vegas hasn’t been spared store closures by retailers, demand is typically solid in the area. Vacancies and average rents in Southwest Las Vegas are in line with overall Las Vegas levels. https://www.loopnet.com

DEMOGRAPHICS

2020 2025 Median College Degree Total Average Household Total Consumer Average Home POPULATION POPULATION AGE +HIGHER BUSINESSES INCOME SPENDING VALUE

1 MILE 11,578 12,761 35.9 28% 71 $108,569 $120.5M $410,940

3 MILE 107,818 118,421 35.8 24% 1,419 $93,444 $1.1B $365,960

https://www.loopnet.com

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