AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018
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Capital Markets | Investment Properties Click-able Pictures AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018 1 THE BOULEVARD 3450, 3542, 3600, 3634, 3700, 3768 & 3770 S. MARYLAND PARKWAY // LAS VEGAS, NV 89169 PRICE: BEST OFFER- CALL FOR GUIDANCE ICONIC MIXED-USE DEVELOPMENT OPPORTUNITY CBRE is pleased to present for acquisition The Boulevard, a 1.2 million square foot property situated on 75 acres in the heart of Las Vegas, Nevada. Many call it a mall. We call it one of the most interesting real estate opportunities in the city. Bordered by the expanding 762 bed Sunrise Hospital/Sunrise Children’s Hospital and Medical Office campus to the north, which is currently undergoing a $130Million renovation, and within walking distance from the University of Nevada Las Vegas campus to the south, The Boulevard is an enclosed regional center with an extremely bright future. Built in 1968 and now five decades young, history will show this property pivoting and reinventing itself as an important hub of urban commerce. Retail is evolutionary, and The Boulevard is quickly becoming a case study in the urbanization of a suburban mall. RENTABLE: ±1,181,876 SF SITE AREA: ±75.3 ACRES 2 REGAL PLAZA + IN ESCROW NEC OF E. PEBBLE ROAD & EASTERN AVENUE // LAS VEGAS, NV 89123 REGAL COLONNADE STADIUM 14 CINEMAS ANCHORED SHOPPING CENTER CBRE is pleased to present for acquisition the Regal Plaza, a ±141,482 sf retail shopping plaza anchored by Regal Colonnade Stadium 14 Cinemas along with complementary shops, restaurants and services. The property is 98% leased to a variety of occupiers servicing the local community including La Tapatia Mexican market, Ali Baba Lebanese restaurant, the Havana Grill and The Thoughtful Baking Company (for the local Vegan populous). Services and retail shops include Body Heat Hot Pilates and Yoga, International Church of the Four Square, First Class Pharmacy and Well Rounded Momma maternity. The center has something for everyone. RENTABLE: ±141,482 SF SITE AREA: ±13.37 ACRES 3 WESTBAY OFFICE PARK 3010-3016 W. CHARLESTON BOULEVARD // LAS VEGAS, NV 89102 PRICE: $21,330,000 || PRICE: $197/SF 97% LEASED MEDICAL/OFFICE LOCATED IN THE LAS VEGAS MEDICAL CORRIDOR CBRE is pleased to present an exceptional opportunity for an investor to acquire Westbay Office Park, a ±107,931SF medical office building situated in the Las Vegas Medical Corridor (LVMD) near both UMC and Valley Hospitals and UNLV’s new medical school. Westbay Office Park is home to a line-up of government tenants including: Nevada Department of Transportation, the State of Nevada and UNLV’s Board of Regents. The property has always been attractive to occupiers desiring a central location with quick access to I-15, US-95 as well as both hospitals. RENTABLE: ±107,931 SF SITE AREA: ±6.57 ACRES OFFICE, MEDICAL OFFICE, RETAIL AND INDUSTRIAL INVESTMENT PROPERTIES DETAILED INFORMATION AT WWW.CBRE.COM/INLVCOMMERCIAL Capital Markets | Investment Properties Click-able Pictures AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018 4 2500 N. BUFFALO DRIVE + IN ESCROW 2500 N. BUFFALO DRIVE // LAS VEGAS, NV 89128 77% CREDIT TENANCY WITH EASE OF MANAGEMENT - CLASS A OFFICE CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 2500 N. Buffalo Drive (the “Property”, “Building”). The Offering includes one, two-story Class A office building just west of MountainView Hospital and adjacent to the Summerlin Master-Planned Community, one of the foremost master-planned communities in America and the preferred office submarket in Las Vegas, NV. The two-story, 88,118 square foot institutional quality office building is 100% leased to four highly reputable tenants. RENTABLE: ±88,118 SF SITE AREA: ±8.4 ACRES 5 GOLDEN ENTERTAINMENT, INC 6595 S. JONES BOULEVARD // LAS VEGAS, NV 89118 PRICE: $18,900,000 GOLDEN ENTERTAINMENT’S CORPORATE HEADQUARTERS CBRE is pleased to present a unique opportunity for an investor to acquire 6595 S. Jones Boulevard, a ±46,041 SF Corporate Headquarters office property occupied by Golden Entertainment, Inc. The single-tenant office building represents one of Las Vegas’ finest suburban office buildings, constructed for the long-term occupancy of Golden Entertainment, Inc. This offering boasts stunning tenant improvements, enjoys a fantastic location, with a twelve year extension through December 2030 - all of which make it an attractive opportunity for investors seeking long- term stability. RENTABLE: ±46,041 SF SITE AREA: ±3.14 6 10190 COVINGTON CROSS DRIVE + IN ESCROW 10190 COVINGTON CROSS DRIVE // LAS VEGAS, NV 89144 VALUE-ADD, CLASS A OFFICE WITH UPSIDE IN SUMMERLIN Crossing Business Center - 10190 Covington Cross Drive offers ±74,895 square feet of Class A office space in the preferred location of Summerlin. The property is 79% leased to Expedia, who has been a tenant since 2001 with a lease expiring October 2022. This three-story building boasts citywide views, marquee tenant signage and flexible floor plates of ±25,000SF. Attractive to tenants and investors alike are the above standard parking ratios of 6:1,000RSF that can be increased to 7.7:1,000RSF by paving the adjacent one acre excess lot, also included in the offering. RENTABLE: ±74,895 SF SITE AREA: ±7.11 ACRES OFFICE, MEDICAL OFFICE, RETAIL AND INDUSTRIAL INVESTMENT PROPERTIES DETAILED INFORMATION AT WWW.CBRE.COM/INLVCOMMERCIAL Capital Markets | Investment Properties Click-able Pictures AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018 7 8360 S. DURANGO DRIVE + PRICE REDUCTION! 8360 S. DURANGO DRIVE // LAS VEGAS, NV 89113 PRICE: $12,500,000 || $169/SF OWNER-USER OR VALUE-ADD CLASS A OFFICE BUILDING CBRE is pleased to present for acquisition a ±74,140 square foot Class A suburban office building. The building is currently 100% vacant; however, the first floor has been improved for call center use providing a plug-and-play opportunity for an occupier with similar space needs. Further, the prior tenant remains responsible for its lease, which expires in January 2022. While the tenant isn’t occupying the space, they are paying their contracted rent. Note that this tenant has an early termination option, which requires an early termination penalty if exercised. The penalty is $234,000 and the Tenant must provide termination notice by December 31, 2018. RENTABLE: ±74,140 SF SITE AREA: ±4.49 ACRES 8 IMAGINE SCHOOLS 6610 GRAND MONTECITO PARKWAY // LAS VEGAS, NV 89149 PRICE: $6,200,000 || $171/SF SINGLE-TENANT, ABSOLUTE NNN OPPORTUNITY CBRE is offering to qualified investors the opportunity to purchase the fee simple interest in the commercial property located at 6610 Grand Montecito Parkway in Las Vegas, Nevada (the “Property”). The ±36,161-square-foot facility is leased to Schoolhouse Finance, LLC, a wholly owned subsidiary of Imagine Schools, Inc. (“Imagine Schools”). Amenities of the free-standing Property include classrooms, offices, a lunchroom, and a library; plus, an outdoor activity yard and driveways situated on approximately 3.86 acres of land. RENTABLE: ±36,161 SF SITE AREA: ±3.86 ACRES 9 8010 & 8020 W. SAHARA AVENUE 8010 & 8020 W. SAHARA AVENUE // LAS VEGAS, NV 89117 PRICE: $6,194,000 || PRICE: $128/SF TWO MULTI-TENANT PROFESSIONAL OFFICE BUILDINGS CBRE is pleased to present an exceptional opportunity for an investor to acquire 8010 & 8020 W. Sahara Avenue, a ±48,256 square foot multi-tenant professional office park consisting of two (2) two-story buildings located on West Sahara Avenue between Cimarron Road and Buffalo Drive. The property is 67% leased to a variety of professional tenants including Premier Realty Group, Southern Nevada Golf Association and Dr. Gregory Bowman, DDS however owner is providing a rent guaranty to 93% occupancy. The three remaining vacancies (12,657, 2,711 & 6,690 square feet) are in second generation condition, and are leasable with minimal capital required.. RENTABLE: ±48,256 SF SITE AREA: ±3.08 ACRES OFFICE, MEDICAL OFFICE, RETAIL AND INDUSTRIAL INVESTMENT PROPERTIES DETAILED INFORMATION AT WWW.CBRE.COM/INLVCOMMERCIAL Capital Markets | Investment Properties Click-able Pictures AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018 10 DOWNTOWN OFFICE BUILDING 823 S. LAS VEGAS BOULEVARD // LAS VEGAS, NV 89101 PRICE: TBD FOUR-STORY PROFESSIONAL OFFICE BUILDING CBRE is pleased to present an exceptional opportunity for an investor to acquire this Downtown Office Building located at 823 S. Las Vegas Boulevard, a four-story, ±28,737 square foot multi-tenant professional office building which features frontage directly on Las Vegas Boulevard and is within walking distance of the new Regional Justice Center and the U.S. Federal Courthouse. The offering also includes a ±0.16 acre parking lot on APN 139-34-410- 170 offering ample surface level parking on the famous Las Vegas Boulevard. RENTABLE: ±28,737 SF SITE AREA: ±.63 ACRES PRICE: TBD 11 DEVELOPMENT OPPORTUNITY NWC OF I-215 AND S. JONES BOULEVARD // LAS VEGAS, NV 89118 PRICE: BEST OFFER LAND DEVELOPMENT OPPORTUNITY The Sierra Gold Business Park currently contains Golden Entertainment Inc. corporate headquarters facility, the company’s flagship tavern, Sierra Gold, and a three-tenant retail building anchored by Tropical Smoothie Cafe. The land available for development, approximately 6.85 acres, is zoned C2 - General Commercial, allowing for a host of potential uses including but not limited to office, retail, medical office and hotel. Given that the most likely uses are office and retail, ownership is currently working through the entitlement process to construct additional office and retail buildings on site, as depicted on the site plan contained herein. SITE AREA: ±6.85 ACRES 12 228 SOUTH 4TH STREET 228 SOUTH 4TH STREET // LAS VEGAS, NV 89101 PRICE: $5,900,000 || PRICE: $426/SF THREE-STORY PROFESSIONAL DOWNTOWN OFFICE BUILDING & POTENTIAL DOWNTOWN REDEVELOPMENT SITE CBRE is pleased to present a unique opportunity for an investor to acquire 228 South 4th Street, a ±13,852 square foot office building located in Downtown Las Vegas.