For Sale Offering Memorandum

FUTURE RETAIL SUBJECT ARVILLE ST. +/- 2.12 ACRES

FUTURE RETAIL

S. DECATUR BLVD. // 14,200 CPD

FUTURE RETAIL

ZONED: GENERAL COMMERCIAL (C-2) BLUE DIAMOND RD. // 52,500 CPD

FOR SALE OFFERING MEMORANDUM

CAMERON GLINTON DAMIAN PHILLIPS DECATUR & Vice President Associate 702.954.4150 702.954.4151 SHELLBOURNE II [email protected] [email protected] CONFIDENTIALITY AGREEMENT

This Offering Memorandum contains select information pertaining to the business and affairs By acknowledging your receipt of this Offering Memorandum from LCRE, you agree: of S. Decatur and W. Shelbourne, Las Vegas, NV 89139 This Memorandum was prepared 1. The Offering Memorandum and its contents are confidential; based on information supplied by Seller and Broker. It contains selected information about 2. You will hold it and treat it in the strictest of confidence; and the Property and the real estate market, but does not contain all the information necessary 3. You will not, directly or indirectly, disclose or permit anyone else to disclose this to evaluate the acquisition of the Property. The financial projections contained herein (or Offering Memorandum or its contents in any fashion or manner detrimental to the in any other Confidential Information) are for general reference only. The projections are interest of the Seller. based on assumptions relating to the general economy and local competition, among other factors. Accordingly, actual Seller and LCRE expressly reserve the right, at their sole discretion, results may vary materially from such projections. Various to reject any and all expressions of interest or offers to purchase the documents have been summarized herein to facilitate Property and to terminate discussions with any person or entity reviewing your review; these summaries are not intended to be a this Offering Memorandum or making an offer to purchase the Property comprehensive statement of the terms or legal analysis of unless and until a written agreement for the purchase and sale of the such documents. Property has been fully executed and delivered.

The information contained in this Offering Memorandum A prospective purchaser’s sole and exclusive rights with respect to this is confidential and furnished solely for the purpose of a prospective transaction, the Property, or information provided herein review by a prospective purchaser of the Property. It is not or in connection with the sale of the Property shall be limited to those to be used for any other purpose or made available to any expressly provided in an executed Purchase Agreement and shall be other person without the written consent of Seller or Logic subject to the terms thereof. In no event shall a prospective purchaser Commercial Real Estate (LCRE). The material is based in have any other claims against Seller or LCRE or any of their affiliates or any part upon information supplied by the Seller and in part of their respective officers, Directors, shareholders, owners, employees, upon financial information obtained from sources it deems or agents for any damages, liability, or causes of action relating to this reliable. Seller, nor their officers, employees, or agents solicitation process or the marketing or sale of the Property. makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering This Offering Memorandum shall not be deemed to represent the state Memorandum or any of its contents and no legal liability of affairs of the Property or constitute an indication that there has been is assumed or shall be implied with respect thereto. While no change in the state of affairs of the Property since the date this the information contained in the Memorandum and any other Confidential Information is Offering Memorandum. believed to be reliable, neither Broker nor Seller guarantees its accuracy or completeness. Due to the foregoing and since the Property will be sold on an “As Is, Where Is” basis, a LCRE has a policy of proactive broker cooperation with the investment brokerage prospective purchaser must make its own independent investigations, projections, and community. If applicable, a cooperating broker fee of the sales price shall be paid at closing conclusions regarding the acquisition of the Property without reliance on this Memorandum to cooperating broker that procures and represents the buyer that acquires this property. or any other Confidential Information. Although additional Confidential Information which If applicable, cooperation does not include brokers that represent themselves as Principals may include engineering, environmental or other reports may be provided to qualified or broker’s whose member of his immediate family is participating in the purchase of the parties as marketing proceeds, prospective purchasers should seek advice from their own property. No broker will be recognized on a prospect that has previously contacted or been attorneys, accountants, engineers, environmental and other experts. contacted by the Seller or the Seller’s representatives.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT LISTING AGENTS FOR MORE DETAILS. CONTENTS

1 EXECUTIVE SUMMARY 4 MAPS, AERIALS, AND PLANS 10 MARKET OVERVIEW

BROKERAGE CAMERON GLINTON Vice President 702.954.4150 [email protected]

DAMIAN PHILLIPS Associate 702.954.4151 [email protected]

Updated: 08.05.19 EXECUTIVE SUMMARY

MAPS, AERIALS, AND PLANS 1 MARKET OVERVIEW EXECUTIVE SUMMARY

PROPERTY OVERVIEW

LOGIC Commercial Real Estate is pleased to present the opportunity to purchase Panda Express, and many more quality tenants. The Blue Diamond Crossing 2.12 Acres in southwest Las Vegas for $830,000 at $8.98 per square foot. The shopping center featuring Target, Kohls, Ross, Big Lots, Office Depot, and many property is located just east of the Coronado Ranch Community with close proximity more is under 2 miles away. There are countless food and dining options in this to Blue Diamond Rd. The immediate area has seen an influx of new development corridor along with the Silverton Casino that is 2.5 miles from the subject. within the past few years. The Southwest part of the valley continues to be an attractive area for new projects both residential and commercial. This prime Located on Decatur Blvd., that has traffic counts of 14,200 cars per day. The development opportunity is within minutes of the CC 215 Beltway, I-15 Freeway, average household income is $92,106 from the 81,421 people that live in a 3-mile and Las Vegas Blvd. The 2.12 Acre parcel enjoys a location that is convenient radius of the subject property. There are currently 37,852 homes in a 3-mile radius to several major shopping centers along Blue Diamond Rd., such as the Blue with the expectation of 40,606 homes in 2024. Diamond Ranch center which includes Albertsons, Sav-On Pharmacy, Café Rio,

W. CAMERO AVE. S. DECATUR BLVD.

W. SHELBOURNE AVE.

$830,000 +/- 2.12 AC $391,509 Offering Price Acreage Price Per Acre

W. CAMERO AVE. PROPERTY DETAILS Cross Streets: S. Decatur Blvd., and W. Shelbourne Ave. S. DECATUR BLVD. Parcel Number: 176-13-501-018 Submarket: Southwest Zoning: Rural Estates Residential (R-E) W. SHELBOURNE AVE. Planned Land Use: OP - Office Professional

INVESTMENT HIGHLIGHTS HIGHLY DESIRABLE RESIDENTIAL LAND IN SW. LAS VEGAS STREET FRONTAGE ON DECATUR +/- 14,200 CPD PRIME DEVELOPMENT OPPORTUNITY STRONG DEMOGRAPHIC SUBMARKET

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 3 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. EXECUTIVE SUMMARY

MAPS, AERIALS, AND PLANS 4 MARKET OVERVIEW MAPS, AERIALS, AND PLANS

SUBJECT

FUTURE RETAIL SUBJECT ARVILLE ST. ARES

FUTURE RETAIL

S. DECATUR BLVD. // 14,200 CPD

FUTURE RETAIL

ONED GENERAL COMMERCIAL C-2 BLUE DIAMOND RD. // 52,500 CPD

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 5 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS

W. WINDMILL LN.

FUTURE RETAIL SUBJECT S. VALLEY VIEW BLVD. S. VALLEY

ARVILLE ST. FUTURE RETAIL S. DECATUR BLVD. // 14,200 CPD BLVD. S. DECATUR I-15 FREEWAY // 239,000 CPD I-15 FREEWAY BLUE DIAMOND RD. // 52,500 CPD

FUTURE RETAIL

ONED GENERAL COMMERCIAL C-2

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 6 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS

FUTURE RETAIL SUBJECT ARVILLE ST. ARES

FUTURE RETAIL

S. DECATUR BLVD. // 14,200 CPD

FUTURE RETAIL

ONED GENERAL COMMERCIAL C-2 BLUE DIAMOND RD. // 52,500 CPD

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 7 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS

SUBJECT ARES

S. DECATUR BLVD.

W. SHELBOURNE AVE.

W. CAMERO AVE.

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 8 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS K . P C O

This map is for assessment use only and does NOT represent a survey. A

ASSESSOR'S PARCELS - CLARK COUNTY, NV. E O M S N 2 NE 4 B T22S R60E 13 176-13-5 Briana Johnson - Assessor No liability is assumed for the accuracy of the data deliniated herein. 8 4 8 4 Information on roads and other non-assessed parcels may be obtained PARCEL BOUNDARY CONDOMINIUM UNIT 001 ROAD PARCEL NUMBER 6 5 4 3 2 1 164 163 162 161 5 1 5 1 from the Road Document Listing in the Assessor's Office. SUB BOUNDARY AIR SPACE PCL 001 PARCEL NUMER 7 8 9 10 11 12 D PM/LD BOUNDARY 1.00 ACREAGE 18 17 16 15 14 13 N RIGHT OF WAY PCL 6 2 S ROAD EASEMENT 2 6 E 19 20 21 22 23 24 E This map is compiled from official records, including surveys and deeds, SUB-SURFACE PCL 202 PARCEL SUB/SEQ NUMBER 175 176 177 178 G MATCH / LEADER LINE T 30 29 28 27 26 25 7 3 7 3 but only contains the information required for assessment. See the E PB 24-45 PLAT RECORDING NUMBER O q HISTORIC LOT LINE L 31 32 33 34 35 36

N recorded documents for more detailed legal information. HISTORIC SUB BOUNDARY BLOCK NUMBER 193 192 191 190 P 8 4 8 4 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL 5 A HISTORIC PM/LD BOUNDARY 5 LOT NUMBER

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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 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. 9 EXECUTIVE SUMMARY

MAPS, AERIALS, AND PLANS 10 MARKET OVERVIEW MARKET OVERVIEW

POPULATION 1-mile 3-mile 5-mile RADIUS MAP 2019 Estimated Population 13,438 81,421 317,048 2024 Projected Population 15,177 93,307 357,725 2010 Census Population 10,633 61,746 245,021 Annual Growth 2010 - 2019 2.56% 3.04% 2.83% Annual Growth 2019 - 2024 2.46% 2.76% 2.44%

INCOME 1-mile 3-mile 5-mile 2019 Average Household Income $90,505 $92,106 $88,709 2024 Projected Average Household Income $107,925 $109,166 $103,503 2019 Per Capita Income $30,115 $34,367 $33,456 2024 Per Capita Income $35,667 $40,373 $38,682

HOUSEHOLDS 1-mile 3-mile 5-mile 2019 Total Households 4,449 30,700 119,122 2024 Total Households 4,995 34,869 133,177

2010 Census Households 3,550 23,691 94,788

HOUSING 1-mile 3-mile 5-mile 2019 Total Housing Units 5,074 37,852 141,142 2019 Owner Occupied Housing Units 3,086 17,525 68,963 2019 Renter Occupied Housing Units 1,363 13,176 50,159 2019 Vacant Housing Units 625 7,152 22,020 2024 Total Housing Units 5,888 40,606 152,715 2024 Owner Occupied Housing Units 5,684 42,626 157,369 2024 Renter Occupied Housing Units 1,446 14,473 54,135 2024 Vacant Housing Units 689 7,757 24,192

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 11 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW

19 19 1515 SKYE CANYONSKYE CANYON 14 14 Estimated Construction Value +/- $16.5 Billion Major Freeway Projects Major Office Projects ECV = $1,490,000,000 ECV = $164,500,000

Major Resort Corridor Projects Major Medical Projects 25b ECV = $13,437,000,000 ECV = $1,330,000,000 25b Major Retail Projects Educational Facilities ECV = $150,000,000 ECV = $80,000,000

Estimated Construction Value (ECV) * Estimated Construction Value currently not available 11 11 PROJECTS OVER $40MM 1 Resorts World Las Vegas - $4 billion 2 Wynn West - $3 billion 12 3 Las Vegas Raiders - $1.9 billion 21 712 4 21 25a 9 4 The Drew Resort Las Vegas - $1.8 billion 7 4 25a 16 1 9 5 LVCVA Convention Center Expansion - $1.5 billion 5 16 1 2 24 6 Las Vegas Extreme Sports Park - $800 million 24 22 82 5 7 Palace Station Expansion - $191 million 8 10 22 8 Palms Hotel & Casino Renovation - $146 million 10 9 SLS Las Vegas Renovation - $100 million 10 *MSG Sphere Las Vegas - TBD 11 *Cashman Soccer Team Stadium - TBD 3 23 12 I-15 Expansion “Project Neon” - $900 million 3 23 13 I-11 Boulder City Bypass - $318 million 6 CANDENCE 18 14 US-95 / CC 215 Interchange “Centennial Bowl” - $214 million 6 CANDENCE 15 I-15 / US 93 Garnet Interchange - $58 million 18 16 Las Vegas 51’s AAA Baseball Stadium - $150 million 17 *St. Rose Costco Anchored Center - TBD 25c 18 *Smith’s Anchored Center, Cadence - TBD 25c 19 *Smith’s Anchored Center, Skye Canyon - TBD 20 *Las Vegas Raiders Practice Facility - TBD 13 21 Downtown Summerlin Office Building - $119.5 million Aristocrat Technologies Campus - $45 million 13 22 17 23 Union Village Medical Campus - $1.2 billion 24 Sunrise Hospital Expansion - $130 million HENDERSON AIRPORT 17 25 CSN Student Union Buildings - $80 million (3 campus locations) 20 HENDERSON AIRPORT 20

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 12 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. CLARK MARKET OVERVIEW

With jurisdiction over the world-famous Las Clark County Clark County Nevada Vegas Strip and covering an area the size of New Jersey, Clark is the nation’s 14th-largest county Ranks #1 Ranks #1 Ranks #1 and provides extensive regional services to more Fastest Growing House Fastest Growing Personal Income Annual Growth than 2.3 million citizens and more than 45.3 Price Appreciation million visitors a year. Included are the nation’s

Source: Applied Analysis Source: Applied Analysis Source: Sales Traq / Applied Analysis 8th-busiest airport, air quality compliance, social services and the state’s largest public hospital, University Medical Center.

Nevada has no shortage of compelling landscapes, and Clark County is no different. Mt. Charleston and skiing are just 45 minutes away, and Red Rock National Conservation area beckons on the western fringe of the Las Vegas Valley. Lake Mead National Recreation Area, located 30 miles southeast of Las Vegas, caters to boaters, swimmers, fishermen, hikers, wildlife photographers and roadside sightseers. Meanwhile, gambling is offered in the destinations of Mesquite, Primm and Laughlin, located on the sun-drenched Colorado River.

THE LAS VEGAS STRIP

The Las Vegas Strip is a stretch of South Las Vegas Blvd. in Clark County, NV that is known for its concentration of resort hotels and casinos. The Strip is approximately 4.2 miles in length, located immediately south of the Las Vegas city limits in the unincorporated towns of Paradise and Winchester. However, the Strip is often referred to as being in Las Vegas.

Many of the largest hotel, casino, and resort properties in the world are located on the Strip. The boulevard’s cityscape is highlighted by its use of contemporary architecture, lights, and a wide variety of attractions. Its hotels, casinos, restaurants, residential high-rises, entertainment offerings, and skyline have established the Strip as one of the most popular and iconic tourist destinations in the world. Most of the Strip has also been designated as an All-American Road and is considered a scenic route at night.

$10.3B $6.6B 94.5% $138.82 14,863 148,444 2018 Clark County 2018 Las Vegas 2018 Hotel 2018 Average 2018 2018 Room Gaming Revenue Strip Revenue Occupancy Daily Room Rate Conventions Per Year Inventory

The Las Vegas metropolitan area is home to many sports, most of which take place in the unincorporated communities around Las Vegas rather than in the city itself. The Las Vegas Valley has one major league professional team: the Vegas Golden Knights of the NHL who began play in 2017 as the region’s first major pro team. The Las Vegas Aces of the WNBA became the region’s second professional team in 2018. The Oakland Raiders of the NFL will begin play in Las Vegas as the Las Vegas Raiders by 2020 and become the region’s third major professional team. Las Vegas is also home to one minor league sports team: the Las Vegas Aviators of Minor League Baseball affiliated with the Oakland Athletics. Las Vegas Lights FC is an expansion team for the United Soccer League.

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 15 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKETMARKET OVERVIEWOVERVIEW

CONVENTIONS

In 2018, over 6.5 million convention and trade show delegates traveled to Las Vegas, generating over $9 billion in non-gaming revenue. Las Vegas hosted more than 21,800 meetings and conventions in 2018.

Las Vegas has also been the No. 1 domestic convention location for two decades. The ranking comes from the Trade Show News Network (TSNN), which released its list of the top 250 trade shows in the United States. Las Vegas hosted 57 of the largest shows, more than the next two competitors combined.

Convention Convention Center Annual Convention Conventions Location Expansion Budget Attendees Per Year 1ST $1.4B 6.5MM 21,864

Source: Las Vegas Convention and Visitors Authority

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 16 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKETMARKET OVERVIEWOVERVIEW MARIJUANA TOURISM

For almost three years, medical marijuana was legalized in various regions of the state of Nevada. However, recreational marijuana sales only started in specific areas of the state at the beginning of July 2017 because of a law that took effect at that time; this law renders persons that are at least 21 years old and bear valid identification legally capable of purchasing the drug in those regions for recreational purposes. Critically, areas where recreational marijuana sales have been legalized include Las Vegas and Reno.

In the state’s first full year of legal cannabis sales, Nevada hauled in a whopping $70 million in tax revenue. The sum exceeded the state’s expectations by a margin of roughly 40 percent. The state has received more money in tax revenue in the first four months of 2018 than it did in the first six months’ worth of sales throughout 2017. Nevada’s burgeoning cannabis industry is likely to continue treating the state well.

Based on existing statistics from Nevada’s cannabis market, forecasts for upcoming years’ sales suggest that the total sales value of retail cannabis throughout Nevada could be as high as $814 million in 2025. This forecast comes from a larger set of forecasts that indicated the total dollar value of cannabis sales for 2017 would be $103 million. Based on the current performance of the cannabis market in Nevada, the state is likely to see a combined sales figure greater than $1 billion in 2025.

Source: The Source Dispensaries $1B $70MM 6TH 2025 Projected NV Year One NV Ranking Among States Retail Cannabis Sales Tax Revenue with Legalized Marijuana

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 17 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW

AIRPORTS

McCarran International Airport is the primary commercial airport serving the Las Vegas Valley, a major metropolitan area in the U.S. state of Nevada. McCarran received over 48,500,194 passengers in 2017, an increase over the previous year but still below pre-recession levels. It is the 27th busiest airport in the world by passenger traffic and the 8th busiest Lowest Corporate Travel 2017 Total by aircraft movements. Cost in Western US Aircraft Movements

It has undergone significant expansion since then and has 1st 8th Busiest employed various innovative technologies, such as common- use facilities. The airport consists of four runways and two passenger terminals: Terminal 1 and Terminal 3. Terminal 1 is composed of four concourses, namely the A, B, C, and D Gates; Terminal 3 contains the E Gates. A people mover system is in place between the pre-security area of Terminal 1 and the C and 2017 National 2017 Total En/Deplaned D Gates, as well as between the D Gates and Terminal 3. Passenger Traffic Air Passengers YTD

The airport has nonstop air service to destinations in North 9th Busiest 48.5 MM America, Europe, and Asia. It is an operating base for Allegiant Air, as well as a crew and maintenance base for Frontier Airlines,Southwest Airlines, and Spirit Airlines.

Source: Las Vegas Convention and Visitors Authority

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 18 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW

SUMMARY TABLE OF TRAVEL PLANNING CHARACTERISTICS

2013 2014 2015 2016 2017 Proportion of visitors who traveled to Las Vegas by ground 58% 58% 57% 54% 54% TRANSPORTATION transportation (automobile/bus/RV) RTC Transit is a public transportation system providing bus service Proportion of visitors who traveled to Las Vegas by air 42% 42% 43% 46% 46% throughout Las Vegas, Henderson, North Las Vegas and other areas Source: Las Vegas Convention and Visitors Authority of the valley. A bus rapid-transit link in Las Vegas called the Strip & Downtown Express (previously ACE Gold Line) with limited stops and frequent service was launched in March 2010, and connects downtown Las Vegas, the Strip and the Las Vegas Convention Center.

Interstates 15, 515, and US 95 lead out of the city in four directions. Two major freeways – Interstate 15 and Interstate 515/U.S. Route 95 – cross in downtown Las Vegas. I-15 connects Las Vegas to Los Angeles, and heads northeast to and beyond Salt Lake City. I-515 goes southeast to Henderson, beyond which US 93 continues over the Mike O'Callaghan–Pat Tillman Memorial Bridge towards Phoenix, Arizona. US 95 connects the city to northwestern Nevada, including Carson City and Reno. US 93 splits from I-15 northeast of Las Vegas and goes north through the eastern part of the state, serving Ely and Wells. A partial beltway has been built, consisting of Interstate 215 on the south and Clark County 215 on the west and north.

2018 Average Daily Traffic: Average I-15 at Visitor Volume All major highways NV/CA Border 42MM 115,229 44,880

Source: Las Vegas Convention and Visitors Authority

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 19 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW

MEDICAL TOURISM MEDICAL EDUCATION

Las Vegas is one of the few destinations in the world to develop a regional strategic plan for medical and UNLV School of Medicine will be a full-scale, four- wellness travel. The plan provides a unified vision among the medical and tourism providers in Las Vegas year allopathic medical school that is an integral part to offer a unique and compelling option for the health and wellness traveler. The plan is a comprehensive of a vibrant, research-intensive public university. The economic development strategy, involving medical facilities, physicians and surgeons, government medical school’s mission is to improve access to high- institutions, economic development authorities, higher education, the hospitality sector and the local quality health care in Southern Nevada by increasing community, to deliver a total patient experience unlike anything in the United States. the number of physicians and trained specialists who are committed to serving the region. One of the Simply put, rapidly evolving treatment expertise combined with a world-class hospitality infrastructure makes primary goals of UNLV School of Medicine is to provide Las Vegas a serious player in health and wellness travel. diverse and medically underserved populations access to timely high quality health care. The accompanying academic health center will serve as the core infrastructure for the entire medical community and generate top-quality research that spans the basic and clinical sciences.

The UNLV School of Medicine’s future home is located on nearly 10 acres at 625 Shadow Lane. The medical school is part of a citywide effort to create a leading Las Vegas Medical District (LVMD). The 214-acre medical district is located just North of the city center – West Charleston Boulevard and 1-15 corridor at 625 Shadow Lane.

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 20 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW

Credit One Headquarters The new headquarters accommodates 500 new jobs, including technical, analytical and marketing positions, to support Credit One Bank’s growing credit card business over the next few years. The 152,000 SF building sits on 26 acres just south of 215 beltway between Durango Dr. and Buffalo Dr., and is first true four-story, concrete tilt up office building in Southern Nevada.

GLVAR Las Vegas The Greater Las Vegas Association of REALTORS® (GLVAR) is located just north of Sunset Rd. on Rainbow Blvd., near the 215 beltway, GLVAR’s new headquarters features classrooms big enough to seat 300 members, and accommodates member services. The 30,000 SF facility is constructed as a two-story, concrete tilt-up, LEED designed building.

UFC Headquarters The facility is part of the new UFC corporate headquarters The Gramercy in southwest Las Vegas. Spanning 15 acres, the campus The Gramercy 20-acre mixed-use development houses offices for more than 250 employees, multiple that offers spacious lofts, studios, offices, conference rooms meeting spaces and outdoor seating and dining. The on-site residential amenities areas with cabanas and gazebos. There is also a dining include a two shimmering swimming pools, area for employees and guests. The Performance Institute clubhouse, business center, fabulous well- stands out as the crown jewel of the property. A multi- equipped gym, walking paths, and high-speed million dollar, 30,000 SF facility, it provides training space, internet. Residents have an array of retail and a full-time staff of performance and nutritional advisers and dining preferences, outside their front door. the latest in rehab and recovery tools.

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 21 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. ADDITIONAL SERVICES

PROPERTY MANAGEMENT CAPITAL MARKETS LOGIC Property Management team members are tenured professionals LOGIC Capital Markets is a preferred funding source for investors, with a comprehensive knowledge and understanding of commercial developers and operators of commercial real estate. Our loan real estate management. We methodically approach each assignment brokerage service and origination platform provide our clients access to with customized management strategies that meet the client’s needs, the market’s wide range of competitive products for all property types. maintain the property’s physical plant, and effectively service tenants. Through our relationships which include banks, conduits, life companies, We know our priority is to cooperate with our tenants by working mortgage funds, and hard money lenders, we are able to offer debt and intelligently to reduce expenses and to serve our owner-clients by equity financing for the purpose of acquisition, development, refinance, identifying creative ways to drive income. We provide for accountability buyouts, and more. in every step we take, from management to accounting. Logic Property Management will pinpoint a client’s goals and objectives, meet Contact: challenges, and achieve expected results from your investment. JEFF MAHONEY Vice President Contact: 702.954.4131 LAUREN VANISKI [email protected] Director of Property Management 702.954.4106 [email protected]

CAMERON GLINTON 702.954.4150 DECATUR & [email protected]

DAMIAN PHILLIPS SHELLBOURNE II Associate 702.954.4151 [email protected]

LOGIC COMMERCIAL REAL ESTATE | 3900 S. Hualapai Way, Suite 200, Las Vegas, Nevada 89147 | 702.888.3500 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.