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Diablooffice Center 5555 Redwood St., Las Vegas, Nv 89118

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Diablooffice Center 5555 Redwood St., Las Vegas, Nv 89118 FOR SALE DIABLOOFFICE CENTER 5555 REDWOOD ST., LAS VEGAS, NV 89118 MARC MAGLIARDITI, SIOR, CCIM TRAVIS LANDES BRENDAN KEATING Vice President Vice President CEO 702.954.4115 702.954.4126 702.954.4108 [email protected] [email protected] [email protected] S.0065949.LLC S.0177027.LLC B.0068678.LLC DIABLOOFFICE CENTER 5555 REDWOOD ST., LAS VEGAS, NV 89118 Property Highlights Listing Snapshot • Excellent Owner / User opportunity with +/- 4,706 SF available for immediate occupancy • 82% occupancy will provide an Owner / User immediate income $5.8MM +/-25,813 SF $225 • Positioned in the rapidly expanding Southwest submarket Offering Price Available SF Price Per SF directly adjacent to Spring Valley Hospital • Conveniently located less than 2 miles from the CC-215 which provides quick and easy access to the Las Vegas Demographics Valley Population 1-mile 3-mile 5-mile • Located just off high traffic Rainbow Blvd. surrounded 2020 Population 15,618 142,006 368,315 by numerous retail amenities and quick service- and sit down- restaurants Income 1-mile 3-mile 5-mile 2020 Average Household Income $79,957 $73,402 $79,651 Households 1-mile 3-mile 5-mile 2020 Total Households 6,239 57,218 144,481 The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. RENO Centennial Hills RN TETON RN TETON Aliante FR Vicinity Map FR UTAH EORN EORN HUALAPI EER RIN EER RIN EER RIN ECATR The Southwest Submarket experienced significant T ECO OEE CENTENNI REERE CENTENNI inventory growth in the second half of 2019 with over TROICAL TROICAL TROICAL 170,000 SF of office space delivered, and approximately NN NN NN L E VD ONE 256,000 SF of proposed construction was announced the EN ECATR CAYTON ION COERCE end of 2019. Q2 of 2020 Southwest office product was the RN CNON ONE ONTIN ONE ONTIN ONE ONTIN CRI LAMB CRI Valley’s most expensive submarket, followed closely by the CRI ENER Downtown submarket. ENER OEE ENER NEI ECO ONE HUALAPI CEENNE CEENNE CEENNE North Las Vegas LAK D E A COERCE CIIC CENTER CIIC ME RTIN IN L E VD Amenities within 5-miles of Radius OE RNC CRE OEE CRE Spring Valley Hospital LE E LE E LE E E R E R OEN 1 ETERN - 0.2 miles FR IS Downtown WINTON RRT ECATR Spanish Trail Country Club Summerlin ONE Las Vegas BONN ATA 2 ECO ATA STERT - 0.7 miles FREONT CRETON CRETON LAMB NEI CRETON BOER Arroyo Marketplace ONE ECATR ETERN FFO RNO RINO 3 RYLN SR - 1.7 miles CRETON SR SR L E VD SR ONTON E E ERIN E E LAMB PRIE St. Rose Dominican Hospital CEO 4 EERT INN EERT INN EERT INN EERT INN - 2.8 miles RIN ONTIN RIN ONTIN TON CENTER TWIN TWIN 9 THE STRIP SNI FINO Allegiant Stadium 11 FINO RYLN FINO 5 Summerlin ECE AY RON RON - 3.0 miles 2 5 South TROICNA TROICNA 7 TROICNA BOER NEI 1 HACIENA ETERN 6 Southern Hills Hospital HACIENA RE RE ECO - 3.3 miles RE 10 PATRIC LE E ONTIN ITA ONTIN ECATR T-Mobile Arena ONE NET L E VD NET RINO RNO 7 NET 6 FFO - 3.6 miles 8 STENIE 3 WR RIN Town Square Mall FORT ACE WR RIN 4 WR RIN ROINE WR RIN 8 ROINE ERA - 4.1 miles PRIE INI ION INI RROYO RNE RROYO ROER REEN E REEN E The Las Vegas “Strip” BLE ION BLE ION ERE VE LE E 9 PAHRUMP EE ECO - 4.5 miles BOULDER CITY BOER ORION RIE 10 McCarran International Airport Mountain’s Edge IERO RNC ETERN Henderson ORION EETRIN - 4.8 miles RYLN ERA ECATR CACT FORT ACE CACT 11 Summerlin Master-Planned Community RINO - 4.9 miles FFO Anthem L E VD Southern ETERN Highlands ST ROE VONTEER Major Landmarks Major Parks Hospitals Airports CALIFORNIA Maps, Aerial, & Plans Retail Airports Planned Communities Golf Courses Hospitals Schools Parks Casinos SPRING VALLEY HIGH SCHOOL W. Flamingo Rd. // 42,500 CPD S. Bualo Rd. // 21,300 CPD // Rd. Bualo S. S. Durango Rd. Durango S. PAUL MEYER Blvd. LasS. Vegas PARK LAWRENCE JUNIOR KENNY C. GUINN CPD 143,000 // Freeway I-15 HIGH SCHOOL MIDDLE SCHOOL CHARLIE FRIAS PARK Tropicana Marketplace W. Tropicana Ave. // 30,000 CPD CPD 47,000 // Decatur Blvd. S. Tropicana Center SPANISH TRAIL SPRING VALLEY HOSPITAL Tropicana Allegiant Beltway Stadium DURANGO HIGH SCHOOL SUBJECT W. Russell Rd. // 17,700 CPD S. Jones 36,000 Blvd. CPD // S. Rainbow Blvd. // 45,500 CPD // Blvd. Rainbow S. MOUNTAINS EDGE HOSPITAL BALI HAI GOLF CLUB OFFICE SOUTHERN HILLS PARK HOSPITAL W. Sunset Rd. // 9,100 CPD CENTRAL POINT ARROYO BUSINESS PARK LAS VEGAS BUSINESS PARK GOLF CENTER CC 215 Beltway // 199,000 CPD S. Fort Apache Rd. Fort S. RED RIDGE PARK Arroyo Marketplace BELTWAY ST. ROSE DOMINICAN BUSINESS CENTER HOSPITAL W. Warm Springs Rd. VA PRIMARY RHODES RANCH HOSPITAL Maps, Aerial, & Plans Retail Undeveloped Land Hospitals LAS VEGAS STRIP GRANT SAWYER MIDDLE SCHOOL Redwood St. SRING VALLEY HOSPITAL Zoned (C-P) W. Diablo Dr. W. Dewey Dr. Zoned (C-P) Zoned (R-E) Zoned (R-E) Maps, Aerial, & Plans W. DIABLO DR.W. NAP W. DEWEYDR. W. Zoned (C-P) SUBJECT W. DIABLO DR. NAP Zoned (C-P) REDWOOD ST. Property Photos The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. RENO Las Vegas 2020-2024 Centennial Hills RN TETON RN TETON Aliante FR Development Pipeline FR 38 UTAH EORN EORN HUALAPI 22 28 EER RIN EER RIN EER RIN ECATR T ECO OEE CENTENNI 18 REERE CENTENNI TROICAL TROICAL TROICAL $23.4 Billion NN NN NN L E VD ONE Estimated Construction Value EN ECATR CAYTON ION COERCE RN CNON ONE ONTIN ONE ONTIN ONE ONTIN CRI LAMB CRI CRI # PROJECT NAME COST ENER ENER OEE ENER 1 Resorts World Las Vegas $4.3B NEI ECO ONE 2 Allegiant Stadium (Raiders) $1.97B HUALAPI CEENNE CEENNE CEENNE North 3 MSG Sphere at the Venetian $1.66B Las Vegas LAK D Las Vegas Convention Center Expansion $1.4B E A COERCE CIIC CENTER 4 ME OE RNC RTIN IN CRE OEE L E VD CRE 5 Union Village $1.2B LE E LE E LE E E R E R OEN 6 Henderson West $950MM ETERN FR IS 7 Majestic Las Vegas $850MM Downtown WINTON RRT ECATR Summerlin ONE Las Vegas BONN 8 Google Data Center $600MM 2437 ATA 23 14 ECO 9 UnCommons $400MM ATA STERT 32 FREONT 17 10 Caesars FORUM Conference Center $375MM CRETON CRETON LAMB NEI CRETON BOER ONE ECATR ETERN 11 Astral Hotel and Casino $350MM FFO RNO RINO RYLN CRETON SR SR SR 12 Haas Automation Manufacturing Plant $327MM SR L E VD 36 E E E E 13 Dream Hotel $300MM 7 LAMB PRIE EERT INN 1 CEO 14 Nevada Museum of Art, Las Vegas $250MM EERT INN 4 34 EERT INN EERT INN RIN ONTIN RIN ONTIN 33 TON CENTER TWIN TWIN 15 I-15 and Tropicana Interchange Reconstruction $200MM 29 3 SNI 20 FINO FINO 10 RYLN FINO 16 Virgin Hotels Las Vegas (former Hard Rock) $200MM 21 Summerlin ECE AY RON 16 RON 17 UNLV Medical School Building $155MM 2 THE STRIP South TROICNA TROICNA 19 TROICNA 40 15 18 I-15 / CC 215 Northern Beltway Interchange $110.5MM 11 BOER NEI HACIENA HACIENA ETERN 19 Las Vegas Monorail Extension to Manadalay Bay $100MM RE 27 RE 13 RE ECO 20 Elysian at the Hughes Center $100MM PATRIC LE E ONTIN ITA ONTIN 21 Delta by Marriott $100MM ECATR ONE NET L E VD NET 5 RINO RNO NET FFO 22 Centennial Hills Hospital Expansion $98MM STENIE 9 WR RIN 23 AC Hotel by Marriott $95MM FORT ACE WR RIN WR RIN 8 ROINE WR RIN 24 Expo at World Market Center Las Vegas $90MM ROINE ERA PRIE INI ION 25 CSN Health & Sciences Building $77MM INI RROYO RNE RROYO ROER REEN E REEN E 26 Intermountain Healthcare Performance Center $75MM BLE ION BLE ION ERE VE LE E 35 31 BOULDER CITY EE 27 The Bend $70MM PAHRUMP ECO BOER 28 New CC 215 Interchanges at Losee, Pecos, & Lamb $70MM ORION RIE 29 Luxury Apartments at Twain and Dean Martin $65MM Mountain’s Edge IERO RNC ETERN ORION EETRIN 39 Henderson 30 Nevada State College Education Building $61.9MM 25 RYLN ERA ECATR CACT FORT ACE CACT 31 Blue Diamond Widening $58.6MM 26 32 New Las Vegas Municipal Courthouse $56MM 6 RINO FFO Anthem 33 Hampton Inn & Suites / Home2 Suites $55MM L E VD 30 Southern ETERN 34 Las Vegas Convention Center Loop $52.5MM ST ROE Highlands 35 Downtown Henderson $50MM VONTEER 36 Las Vegas Boulevard Repaving $47.7MM 12 37 Downtown Grand Hotel & Casino Third Tower $45MM Freeway Projects Airports 38 Water Pipeline to Apex Industrial Park $42MM 39 South Point Hotel Casino & Spa Renovation $40MM Major Parks Hospitals CALIFORNIA 40 CC 215 Beltway Widening $29.6MM The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. Southern Nevada Travel Breakdown Revenue Breakdown Occupancy Breakdown 2.3MM $10.2B 94.5% By the Numbers 2019 Southern 2019 Clark County’s 2019 Las Vegas’ Nevada population gaming revenue weekend occupancy 49.7MM $6.6B 89.5% 2019 number of enplaned/ 2019 Las Vegas Strip’s 2019 Las Vegas’ deplaned airline passengers gaming revenue Strip occupancy 69% $857MM 88.2% 2019 percentage of visitors 2019 Boulder Strip’s 2019 Las Vegas’ are Millennials and Gen Xers gaming revenue city-wide occupancy 60% $650MM 85.5% 2019 percentage of visitors 2019 Downtown’s 2019 Las Vegas’ Clark County, Nevada are traveling by plane gaming revenue midweek occupancy Clark County is the largest county in Nevada by population with jurisdiction over the world-famous Las Vegas Strip and covering an % % area the size of New Jersey.
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