±12.29 Acres of Lake Frontage Land

FOR SALE ±12.29 Acres of Lake Frontage Land

LOCATED ON 70 STRADA DI VILLAGIO IN THE PREMIER LAKE LAS VEGAS COMMUNITY

SITE ±12.29 ACRES

www.cbre.com FOR SALE 70 STRADA DI VILLAGIO ±12.29 ACRES OF LAKE FRONTAGE LAND Henderson, NV 89011

EXECUTIVE SUMMARY

CBRE is pleased to represent ±12.29 acres of lake front property located on 70 Strada di Villagio in the premier Lake Las Vegas community of Henderson, Nevada. This luxurious neighborhood is a 3,592-acre master-planned residential and resort development surrounding a 320-acre lake with 10 miles of shoreline while the nearby Montelago Resort and Village provides shopping, restaurants and accommodations. The subject property is on the south shore of Lake Las Vegas and is surrounded by exclusive golf courses such as the Reflection Bay Golf Club, which is the first public resort golf course in Nevada that was personally esigned by Jack Nicklaus. The 7,261-yard, par-72, award-winning course makes its way through the desert while providing breathtaking views of Lake Las Vegas. Additionally, the property is directly across from the 7.3 acres recently purchased by William Lyon Homes for a residential development of 53 single family homes.

It is just west of Lake Mead Recreation Area and about an hour drive to Hoover Dam, Mt. Charleston, Valley of Fire and Red Rock Canyon. It is approximately 17 miles to the famous Las Vegas “Strip” and McCarran nternational Airport, and minutes from the new Cowabunga Bay Las Vegas Water Park. Furthermore, it’s situated along the recently completed Galleria Drive extension that will provide direct access to the Lake Las Vegas area, the upcoming Union Village (a 171-acre master-planned health village complete with three hospitals, medical office buildings and residential, cultural, retail and entertainment space), the Galleria Mall, urrounding retail centers and the 13,250-home, 2,200-acre Cadence Master-Planned Community (which will showcase homes built by Lennar, Woodside Homes and Ryland Homes). The highly-anticipated road expansion will not only give this site improved access, but will make it a prime location for further commercial development.

INVESTMENT SUMMARY

++±12.29 acres of vacant lake front land ++Private and secluded resort environment with tropical climate ++APN: 160-22-819-004 and 005 ++Tremendous lake, mountain and golf course view corridors ++Large vacant parcel in the premier Lake Las Vegas community ++Surrounded by exclusive golf courses, gaming, restaurants, shopping and lake amenities ++Zoned: C-T (Commercial Tourist) ++Directly across from the 17.3 acres recently purchased by William Lyon Homes for a residential development of up to 53 single family home ++Entitled for land uses including condominiums, hotels, resort development, commercial recreation facilities, restaurants and retail ++Approximately 17 miles to the famous Las Vegas “Strip” and McCarran International Airport ++Utilities adjacent to the site ++Minutes from the new Cowabunga Bay Las Vegas Water Park and is near the upcoming Union Village (a 171-acre master-planned health village) and the Cadence residential development (a ++Direct access to approximately 910 feet of shoreline 13,250-home, 2,200-acre master-planned community) FOR SALE 70 STRADA DI VILLAGIO ±12.29 ACRES OF LAKE FRONTAGE LAND Henderson, NV 89011

LAKE LAS VEGAS

Lake Las Vegas, while being located in the eastern most Nevada and features a full service marina offering fishing, In addition, a variety of unlimited recreational activities are portion of the City of Henderson, is surrounded by BLM land watercraft rentals, yacht cruises, gondola cruises and features nearby including skydiving, river rafting, helicopter tours of and the Lake Mead National Recreation Area, making it one the “La Contessa” and “Lady of the Lake” yachts that offer sun- Hoover Dam and the Grand Canyon, hummer tours, hiking, of the most private and secluded resort residential set cruises and private rentals for groups and weddings. mountain biking, kayaking, sailing, jet skis, water skiing, ATV’s, communities in Southern Nevada. Reminiscent of the towns in The resort community features hotels such as the Aston and sightseeing. The desert terrain is home to nearby Lake northern Italy, Lake Las Vegas Resort is a 3,592-acre master MonteLago Village Resort, Lake Las Vegas Vacation Villas, Mead, Red Rock Canyon, and the Valley of Fire, all of which planned residential and resort community featuring exquisite Ravella (formerly Ritz-Carlton Lake Las Vegas) and the Westin feature a variety of historical and geological phenomenon residential offerings, including custom home sites, waterfront Lake Las Vegas. found nowhere else on Earth. In contrast, Mt. Charleston rises and golf villas, resort condominiums and luxury executive 11,918 feet above the desert floor, offering a cooler homes surrounding a 320-acre private lake, tucked into the Among Lake Las Vegas Resort’s wealth of amenities include alternative for local skiers, snowboarders, climbers, and desert’s mountainside just 17 miles from the famed Las Vegas the Jack Nicklaus designed Golf club at SouthShore, named sightseers. Strip. one of the Top 100 Modern Courses by GolfWeek Magazine in 2008, pampering spas, gourmet restaurants, a marina and The abundant amenities, private upscale environment and The lake offers 10 miles of shoreline, approximate average MonteLago Village, a bustling enclave of shopping, dining, incredible views, and prime water front location make this width of one mile, approximate average length of two miles, concerts on the lake, movies al fresco, live entertainment, art opportunity at Lake Las Vegas one of a kind, a desert paradise approximate maximum depth of 150 feet, privately owned, festivals, wine tasting, and family activities throughout the year. with convenient access to the “Entertainment Capital of the largest privately owned lake in Southern World!” FOR SALE 70 STRADA DI VILLAGIO ±12.29 ACRES OF LAKE FRONTAGE LAND Henderson, NV 89011

AREA DEVELOPMENTS

UNION VILLAGE GALLERIA INTERCHANGE Union Village has broken ground and construction has begun on the

first phase of this $1.2 billion project. This 171-acre world-class and The Galleria Interchange and future Galleria Parkway provides a master-planned Integrated Health Village will feature hospitals, medical direct route from the US-95 freeway to Lake Las Vegas through office buildings in addition to residential, cultural, retail and entertainment Tuscany and the Landwell Companies 2,200 acre master-planned space. Union Village will be located on Galleria Drive between U.S. development. This will alleviate current and future congestion, 95 and Gibson Road in Henderson, Nevada and is expected to produce decrease drive times from Las Vegas and surrounding areas. These 17,000 jobs. improvements allow for direct access to Lake Las Vegas and more convenient access to services and shopping for residents of Lake Las Vegas. DIGNITY HEALTH Dignity Health (parent company of St. Rose Dominican Hospitals) is currently under contract to purchase a 2.3-acre site on Galleria Drive and Gibson Road. Additionally, Dignity has recently announced plans to build a full-service outpatient medical center next to the newly-built Cowabunga Bay Water Park and across the 171-acre world-class and master-planned Union Village (which just began its construction). The Dignity Health Medical Pavilion is expected to open in 2016.

COWABUNGA BAY WATER PARK The recently built 23-acre Cowabunga Bay Water Park is themed after beach scenes reminiscent of the 50’s and 60’s era. It features 25 thrilling WILLIAM LYON HOMES SOUTHSHORE GOLF COURSE and one-of-a-kind water slides and attractions, rental cabanas, a VIP REFLECTION BAY GOLF COURSE pool area along with an array of food and beverages to choose from. It is SITE located off U.S. 95 in Henderson and is just east of Galleria Mall.

CADENCE MASTER-PLANNED COMMUNITY

Cadence is Henderson’s highly anticipated and newest master-planned Location 70 Strada di Villagio in Henderson,Nevada 2,200-acre residential community, which will showcase 13,250 homes Acreage ±12.29 acres built by Lennar, Woodside Homes and Ryland Homes. It will feature a 50-

acre central park, 100-acre sports park and 30 trails that will interconnect APN# 160-22-819-004 and 005 with regional trails such as the River Mountains Loop Trail and Las Vegas Zoning: C-T, Commercial Tourist Wash Trail. This brand new development is located off Lake Mead Parkway (on the way to and from Lake Las Vegas) and east of Boulder Jursidiction: Henderson Highway. DEMOGRAPHICS

DEMOGRAPHICS: 1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS

2016 Est. Population 1,034 6,046 28,581

2016 Est. Households 879 2,683 10,569

2016 Est. Average $109,702 $102,234 $74,039 Household Income FOR SALE 70 STRADA DI VILLAGIO ±12.29 ACRES OF LAKE FRONTAGE LAND Henderson, NV 89011 FOR SALE 70 STRADA DI VILLAGIO ±12.29 ACRES OF LAKE FRONTAGE LAND Henderson, NV 89011

SITE ±12.29 ACRES

KEITH SPENCER DEREK RAFIE First Vice President First Vice President +1 702 369 4810 +1 702 369 4838 [email protected] [email protected]

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