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CANYON RIDGE BUSINESS PARK SEC Russell Rd

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CANYON RIDGE BUSINESS PARK SEC Russell Rd WHY PAY MORE EACH MONTH TO LEASE VERSUS OWNING? DELIVERY SCHEDULED 4TH QUARTER 2019 LIMITED UNITS AVAILABLE FOR SALE - GREY SHELL OFFICE BUILDINGS RANGING FROM 2,000 TO 10,000 SF CANYON RIDGE BUSINESS PARK SEC Russell Rd. & Durango Dr., Las Vegas, NV 89113 CANYON RIDGE BUSINESS PARK WHY NOT START INVESTING IN YOURSELF INSTEAD OF PAYING OFF SOMEONE ELSE’S INVESTMENT? Lower Occupancy Cost q In today’s market, a monthly mortgage payment is usually less expensive than a monthly lease payment. Fixed Occupancy Cost q A renter is subject to annual rent escalations, while an owner can fix their monthly payment for years via a mortgage. Prestige q Owning an office building makes a positive statement to clients, while providing valuable branding via visible signage to thousands of people. Asset Accumulation q In most cases, the largest asset a small or medium size company will have is their office building. Significant Tax Advantages q Owners experience the benefit of mortgage interest tax deductions and depreciation write-offs. CANYON RIDGE BUSINESS PARK PROPERTY HIGHLIGHTS Situated in the heart of the fastest growing area in the Las Vegas Valley q Grey shell buildings can be purchased in the following square foot ranges: 2,000 to10,000 sf q Prime location in the southwest near 3 major hospitals q +/-5 spaces : 1,000 sf parking ratio q Fee simple ownership / not a condo q Free standing single story buildings q High visibility location with all buildings fronting Durango q +/- 1.2 million cars per month pass the Canyon Ridge site q Covered parking available q Convenient access to the I-215 via three interchanges q Numerous restaurants and business amenities nearby q Direct building signage fronting Durango Drive EST. POPULATION TOTAL HOUSEHOLDS AVG. HOUSEHOLD INCOME TOTAL EMPLOYEES 130,620 52,520 $76,966 49,583 3 MILE RADIUS 3 MILE RADIUS 3 MILE RADIUS 3 MILE RADIUS CANYON RIDGE BUSINESS PARK SITE PLAN NOT A PART RUSSELL ROAD OQUENDO ROAD DURANGO DRIVE 5784 5878 Durango Durango Ste. 100 Ste. 105 Ste. 100 Ste. 105 2,500 SF 2,500 SF 3,000 SF 2,000 SF 7,500 SF 7,500 SF 10,000 SF 10,000 SF 10,000 SF 5,000 SF 5,000 SF 5770 5798 5812 5824 5852 5864 5890 Durango Durango Durango Durango Durango Durango Durango CANYON RIDGE BUSINESS PARK OWN VERSUS LEASE EXAMPLE 90% Financing Example COMPARISON Financing Package Bank 1st Mortgage - 50% Loan Size - $800,000 Term - 25 Years Rate - 5.25% Monthly Payment - $4,793.98 SBA 504 2nd Mortgage - 40% Loan Size - $660,000 Term - 25 Years Rate - 3.46% Monthly Payment - $3,289.27 Total Financing OWN LEASE Loan Size - $1,460,000 Rate - 4.45% Monthly Payment - $8,083.25 Bank interest rate and terms are estimated. Actual rate negotiated with lender. SBA loan includes SBA fees of $20,000 2.65% plus $2,500 in closing costs. CANYON RIDGE BUSINESS PARK GRAND TETON DR ALIANTE PKWY ELKHORN DR. INTERSTATE DEER SPRINGS WAY JONES BLVD 215 DECATUR BLVD DECATUR TENAYA WAY RAINBOW BLVD BUFFALO DR BUFFALO HUALAPAI WAY HUALAPAI RANGE RD LAMB BLVD Providence CENTENNIAL PKWY CENTENNIAL PKWY S PE E O D D W A A Y R O 95 D TROPICAL PARKWAY L O E O LOSEE RD LOSEE N SIMMONS ST 5TH ST 5TH NORTH LAS VEGAS AMI PECOS ANN RD C WASHBURN E T 93 DURANGO DR OR Nellis Air N L TENAYA WAY LONE MOUNTAIN RD A LONE MOUNTAIN RD Force Base O IN ST COMMERCE M EAKER CRAIG RD CA CRAIG RD Y MITCHELL CRAIG RD W BUFFALO DR A T AEROJET WAY DECATUR BLVD DECATUR A ALEXANDER RD C R A RANCHO DR WALNUT SIMMONS ST GOWAN RD GOWAN RD ST CLAYTON GOWAN RD RAINBOW BLVD 5TH ST TORREY PINES DR TORREY CAMPUS DR JONES BLVD CHEYENNE AVE LAS VEGAS BLVD CHEYENNE MARTIN L. KING BLVD HUALAPAI WAY HUALAPAI ALTO North Las Vegas DR R Airport LOSEE RD E T NELLIS PECOS L W LAMB BLVD DE EBB EN TENAYA WAY TENAYA SMOKE RANCH RD CAREY AVE CAREY C C VI MARINER I JUDSON Canyon Ridge C INTERSTATE LOCATED WITHINLAKE MEAD ONEDOLLY MILE OF THREE MAJOR HOSPITALS LAKE MEAD BLVD 215 FELIZ LOS INTERSTATE TONOPAH RADWICK AND TWO SKILLED NURSING FACILITIES. EASY ACCESS TOLAKE MEAD PARKWAY VEGAS DR OWENS AVE HILLS CENTER DR 15 Business DR BUFFALO Park E CE I-215 & I-15 VIA RUSSELL ROAD.CHRISTY WITHINMONROE MINUTES TO THE G N A LINN LANE T L E WASHINGTON AVE L WASHINGTON AVE I R V C I R RAMPART BLVD . LAS VEGAS STRIPHARRIS AVEAND MCCARRAN INTERNATIONAL AIRPORT. R SUMMERLIN PKWY D BONANZA BONANZA S L R TEMPLE VIEW L D EASTERN AVE I H WESTCLIFF 95 R T E O T O N ALTA 93 STEWART AVE LOS FELIZ F E C T ALTA 95 R HOLLYWOOD BLVD HOLLYWOOD N LORENZI MABEL RD BENEDICT E W S O BONNIE LN MOJAVE E CHARLESTON BLVD T ANTELOPE D CHARLESTON BLVD DOWNTOWN SUMMERLIN RANCHO DR OAKEY BLVD WILDCAT WY OAKEY BLVD ST. LOUIS AVE ST PALM SLOAN LN SAHARA AVE SAHARA AVE SAHARA AVE TREELINE DR BUFFALO DR BUFFALO EDNA PENNWOOD AVE MOJAVE RD MOJAVE McLEOD DR VALLEY VIEW BLVD VALLEY DESERT INN RD LAMB BLVD GRAND CANYON DR CANYON GRAND INDUSTRIAL RD HUALAPAI WAY CRYSTAL WATER CRYSTAL DESERT INN RD BOULDER HIGHWAY CIMARRON RD SPRING MOUNTAIN RD PKWY MARYLAND TWAIN AVE TWAIN AVE TENAYA WAY SWENSON ST SWENSON FORT APACHE RD FORT APACHE VIKING RD J I M KOVAL LN KOVAL R FLAMINGO RD THE STRIP FLAMINGO RD MY DURANGO DR D ARVILLE ST ARVILLE R D PARADISE RD PARADISE E U T HARMON AVE R N HARMON AVE A E HARMON AVE NT C E UNLV EASTERN AVE B N LV W TROPICANA AVE D BR O TROPICANA AVE O T A D JONES BLVD McLEOD DR TROPICANA AVE SPENCER ST B RAINBOW BLVD E N RENO AVE RENO AVE T B LAS VEGAS BLVD TORREY PINES DR TORREY HACIENDA AVE L V HACIENDA AVE MISSOURI AVE D McCarran International RUSSELL RD RD SANDHILL RUSSELL RD RUSSELL RD 95 RUSSELL RD DEWEY Airport PATRICK LN OQUENDO RD PATRICK LN H GIBSON RD C N A MONTESSOURI ST ANNIE OAKLEY DR ANNIE OAKLEY GALLERIA DR GALLERIA R DECATUR BLVD DECATUR MOUNTAIN VISTA ST VISTA MOUNTAIN EASTERN AVE GRAND CANYON DR CANYON GRAND SUNSET RD SUNSET RD SUNSET RD Y E N INDUSTRIAL RD INDUSTRIAL HUALAPAI WAY HUALAPAI T INTERSTATE I Canyon Ridge H W MERZE AVE EVELYN AVE EVELYN 215 RD PABCO LAKE MEAD PARKWAY PECOS RD Business Park MAULE AVE ST MARKS FOSTER AVE WARM SPRINGS RD WARM SPRINGS RD PUEBLO ROBINDALE RD TENAYA WAY ROBINDALE RD FORT APACHE RD FORT APACHE INTERSTATE AMERICAN PACIFIC DR HENDERSON CENTER ST WINDMILL LN 15 WATER ST DURANGO DR WINDMILL LN VALLE VERDE DR VALLE AD ME WIGWAM AVE WIGWAM AVE KE WIGWAM AVE EASTERN AVE LA VAN WAGENEN ST GIBSON RD GIBSON ARROYO GRANDE BLVD VALLEY VIEW BLVD VALLEY BASIC MAJORRD AVE BLUE DIAMOND RD STEPHANIE ST PEBBLE RD Y PALO VERDE DR PALO W K INTERSTATE RACETRACK RD P WY ALBANY SERENE AVE Y E MARYLAND PKWY MARYLAND L 215 PACIFICAVE L HORIZON DR JONES BLVD VA HUALAPAI WAY HUALAPAI D INDUSTRIAL RD INDUSTRIAL Y N SPENCER ST W RAINBOW BLVD ASE PK R BUFFALO DR BUFFALO O S E P E EL CAPITAN WAY TENAYA WAY V S L L I H D T E S R E M O S ER Y O E U SILVERADO RANCH BLVD HORIZON RIDGE PKWY A T R MOUNTAIN’S EDGE PKWY W HE G RN H N FORT APACHE RD APACHE FORT IG E H PKWY E Mountain’s Edge L N RIDGE HORIZO R A HAVEN LAS VEGAS BLVD N G COLLEGE DR Southern D RICHMAR . SEVEN HILLS S Y W K IGHT P P HE S Highlands K MISSION DR SE GE W O ID R SUNR Y . ST Hills PARADISE HILLS Seven Henderson ANTHEM PKWY Airport Anthem FOR MORE INFORMATION A PROJECT PLEASE CONTACT: DEVELOPED BY: David Scherer Jake Peevyhouse Investment Equity Developers have developed over +/- 3,800,000 square Charles Van Geel Matthew Kreft feet of commercial projects includ- Ken Marrama ing; mixed use, retail centers, office buildings, industrial parks, apartment 702.796.7900 complexes, residential subdivisions and over 600,000 sf of grey shell office/condos in the Las Vegas and Phoenix markets. 6725 Via Austi Parkway, Suite 275 Las Vegas, Nevada 89119.
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