±2.07 Acres Development Opportunity NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

FOR SALE ±2.07 Acres Development Opportunity NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

BILLBOARD VALLEY VIEW BOULEVARD SIGN INCOME

PACIFIC WEST FLOORING VPD) (26,000 XO LIQUOR

SPRING MOUNTAIN ROAD (41,000 VPD)

MATT BEAR BEAR REAL ESTATE ADVISORS Information herein has been obtained from sources deemed reliable, however its O 702-710-1031 10080 W. Alta Drive, Suite 125 accuracy cannot be guaranteed. The user is required to conduct their own due M 702-768-9300 Las Vegas, NV 89145 diligence and verification. [email protected] www.bear-advisors.com FOR SALE ±2.07 Acres Development Opportunity NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

ABOUT THE SITE The Subject Site is located on the NWC of Spring Mountain Road and Valley View Boulevard, just west of the Interstate 15 and sits right in the heart of Las Vegas’ very own “Chinatown”, home to some local favorite spots including Chengdu Taste, Lees Sandwiches, and SITE District One Kitchen & Bar.

The Site is located less than 4 miles away from the new Las Vegas Raider’s Stadium which is anticipated to be complete by July 2020.

PROPERTY DETAILS: Population Demographics • Address: 3810 Spring Mountain Rd., Las Vegas, NV 89102 1 mi: 40,482 3 mi: 189,075 5 mi: 459,556 • APN: 162-18-506-009 Daytime Employment (employees) • Size: ±2.07 acres 1 mi: 24,263 3 mi: 299,645 5 mi: 471,230 • Zoning: Limited Resort and Apartment (H-1). Call Broker for additional information on Zoning. Visitor Volume* 2019: 42,523,700 January 2020: 3,545,100 (YoY up 1.0%) • Current Improvements: ±24,806 square foot auto repair facility. Tenant and Landlord each have cancellation notice. Call Broker for details. Convention Attendance* 2019: 6,649,100 January 2020: 717,100 (YoY up 4.9%) • Billboard sign income with Landlord cancellation right

Available Room Inventory (as of Jan)* Asking Price: $6,250,000 149,900 *Las Vegas Convention and Visitors Authority

RESORTS WORLD

DESERT INN ROAD ALON SITE SITE ENCORE 15

WYNN SPRING MOUNTAIN ROAD (41,000 VPD) (61,000 VPD) (26,000 VPD) (26,000

TREASURE ISLAND THE PALAZZO

TWAIN ROAD

LAS VEGAS BOULEVARD

THE MIRAGE THE VENETIAN

HARRAH’S

15 CAESARS PALACE ARVILLE STREET ARVILLE

DECATUR BOULEVARD DECATUR THE LINQ VALLEY VIEW BOULEVARD VIEW VALLEY KOVAL LANE KOVAL FLAMINGO ROAD

PALMS HOTEL & CASINO BALLY’S HOTEL & CASINO BELLAGIO HOTEL AND CASINO PARIS RAIDERS STADIUM LAS VEGAS 3 MILES SOUTH FROM SITE PLANET HOLLYWOOD RESORT & CASINO

FOR SALE 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 T21S R61E 18 162-18-5 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 1 137 138 139 140 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 164 163 162 161 G MATCH / LEADER LINE ±2.07T Acres Development Opportunity 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 175 176 177 178 P 8 4 8 4 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL 5 NWC Spring Mountain Road & ValleyA ViewHISTORIC PM/ LDBoulevard, BOUNDARY Las5 LO TVegas, NUMBER NV

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L=39.9 5 1 601 TAX DIST 470 Asking Price: $6,250,000