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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. This multi-tenant property is in excellent condition, occupied by a mix of law firm tenants, and enjoys a fantastic downtown location with on-site parking. The building is attractive for law firms given its proximity to the court systems, however the underlying value is in the potential long-term redevelopment opportunity.
RENTABLE: ±13,852 SF SITE AREA: ±0.41 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
13 REGENCY PLAZA 3465 & 3495 S. MARYLAND PARKWAY // LAS VEGAS, NV 89169 PRICE: $5,700,000 || PRICE: $158/SF 100% LEASED MULTI-TENANT RETAIL ASSET – PRIME REDEVELOPMENT CBRE’s is pleased to present an exceptional opportunity for an investor to acquire 3465 & 3495 S. Maryland Parkway, two (2) retail buildings consisting of ±36,070 sf. The property is located directly across the street to of the newly renovated Boulevard Mall (anchored by Macy’s, JC Penny, Old Navy), ½ a mile south of Sunrise Hospital (730 beds), 1 mile north of UNLV, and 2 miles east of the Las Vegas Strip, providing a dense infrastructure of stabilized amenities, traffic and customers.
RENTABLE: ±36,070 SF SITE AREA ±1.61 ACRES
14 6425 W. SAHARA AVENUE 6425 W. SAHARA AVENUE // LAS VEGAS, NV 89146 PRICE: $3,966,000 || PRICE: $105/SF OWNER-USER OFFICE/SHOWROOM CBRE is pleased to present an exceptional opportunity for an owner-user to acquire 6425 W. Sahara Avenue. The building is a ±37,730 square foot two-story office building. The property is leased to Nest Featherings Fine Furniture (26,951 sf since 1995), Builders Insurance Company (3,210 sf since 2015), and Streamline Media (1,778 sf since 2014). Nest Featherings plans to vacate the premises, leaving a user an opportunity to acquire the property and enjoy the short term income from the remaining tenancy while improvements are made. Alternatively, an investor has the opportunity to locate a tenant and hold the asset long-term.
RENTABLE SF: ±37,730 SF SITE AREA ±1.96 ACRES
15 145 E. WARM SPRINGS ROAD 145 E. WARM SPRINGS ROAD // LAS VEGAS, NV 89119 PRICE: $1,800,000 || PRICE: $300/SF IDEAL OWNER-USER OPPORTUNITY CBRE is pleased to present for sale a vacant freestanding office building located in The Park at Warm Springs, a 16 building office park located at the SWC of East Warm Springs Road and Gillespie Street in Las Vegas, Nevada. Current build out is attractive for an owner-user desiring close proximity to Las Vegas Blvd., McCarran International Airport and the I-15 and I-215 freeways.
RENTABLE: ±6,000 SF SITE AREA: ±0.44 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 June 2018
16 4310 WEST CHEYENNE AVENUE + PRICE REDUCTION! 4310 W. CHEYENNE AVENUE // NORTH LAS VEGAS, NV 89032 PRICE: $1,000,000 || PRICE: $165/SF FREESTANDING BUILDING WITH CANOPY DRIVE THRU CBRE is pleased to present for sale a vacant freestanding former bank branch with excess office space located at the NWC of W. Cheyenne Avenue and Valley Drive in North Las Vegas, Nevada. The Property is located within an eight building office park known as Cheyenne Valley Gateway which fronts the heavily-traveled W. Cheyenne Avenue. Formerly occupied by a bank, the building includes a 109sf vault and two (2) drive-thru lanes making the building ideal for a similar use or a future redevelopment into fast food, payday loans/check cashing or medical. The building enjoys 223’ of direct frontage on W. Cheyenne Avenue, identifiable building signage, drive-thru, and is serviced by 34 parking spaces (5.67/1,000sf).
RENTABLE: ±6,180 SF SITE AREA: ±0.96 ACRES
17 2810 S. RAINBOW BOULEVARD 2810 S. RAINBOW BOULEVARD // LAS VEGAS, NV 89145 PRICE: $723,000 || PRICE: $160/SF
PROFESSIONAL OFFICE ASSET CBRE is pleased to present for sale an exceptional ±4,523 SF freestanding, two-story office building locat- ed on S. Rainbow Boulevard and Tara Street in Las Vegas, Nevada. The property is located within minutes of US-95, Summerlin Parkway, restaurants, banks and the US Post Office.
RENTABLE: ±4,523 SF SITE AREA: ±0.43 ACRES
OFFICE, MEDICAL OFFICE, RETAIL AND INDUSTRIAL INVESTMENT PROPERTIES DETAILED INFORMATION AT WWW.CBRE.COM/INLVCOMMERCIAL
Page 6 of 7 Capital Markets | Investment Properties Click-able Pictures
AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018
1 - The Boulevard
2 - Regal Plaza
3 - Westbay Office Park
4 - 2500 N. Buffalo Drive
5 - Golden Entertainment, Inc.
6 - 10190 Covington Cross Drive A 7 - 8360 S. DURANGO DRIVE
8 - Imagine Schools
9 - 8010 & 8020 W. Sahara Avenue A 10 - Downtown Office Building
11 - Land Development Opportunity
12 - 228 South 4th Street
13 - Regency Plaza
14 - 6425 W. Sahara Avenue
15 - 145 E Warm Springs Road
16 - 4310 West Cheyenne Avenue
17 - 2810 S. Rainbow Boulevard
INVESTMENT PROPERTIES LAS VEGAS
LET US KNOW YOUR SPECIFIC ACQUISITION CRITERIA SO THAT WE MAY DESIGNATE YOUR REQUIREMENT IN OUR DATABASE With the successful completion of more than $2 billion worth of investment property sales in Southern Nevada, Las Vegas Investment Properties has distinguished itself as the most active investment property brokers in the Las Vegas marketplace. The Las Vegas Investment Properties Group specializes in the sale of Office, Retail & Industrial investment properties while serving the unique needs of the private investor.
Investment Properties Las Vegas Capital Markets
CBRE – LAS VEGAS CHARLES M. MOORE, CSM MARLENE M. FUJITA, CCIM BART A. DEBUONO MICHELLE CARPENTER Senior Vice President Senior Vice President Client Services Specialist Client Services Coordinator 3993 Howard Hughes Parkway, 702.369.4820 702.369.4862 702.369.4874 702.369.4845 Suite 700 [email protected] [email protected] [email protected] [email protected] Las Vegas, NV 89169
OFFICE, MEDICAL OFFICE, RETAIL AND INDUSTRIAL INVESTMENT PROPERTIES DETAILED INFORMATION AT WWW.CBRE.COM/INLVCOMMERCIAL
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