Featured on Bar Rescue & Food Paradise! Real Estate

REAL ESTATE & BUSINESS SALE

15 GAMING MACHINES

CONFIDENTIAL: DO NOT DISTURB BUSINESS Contents

1 Executive Summary

7 Aerials & Plans

14 Market Overview

Brokerage Team

GINO VINCENT, CCIM KELLI NAZIRI LOGIC Commercial Real Estate Senior Vice President Team Strategist 3900 W. Hualapai Way, Ste. 200 702.954.4113 702.954.4103 Las Vegas, NV 89147 [email protected] [email protected] 702.888.3500 BS.0000138.LLC S.192972 www.logicCRE.com BUSB.0000189.DES 1 Executive Summary Property Overview Property Details Investment Highlights EXECUTIVE SUMMARY

Property Overview Offering Snapshot LOGIC Commercial Real Estate is pleased to present the opportunity to acquire the Bacon Bar, a bar and restaurant opportunity with 15 gaming machines. The Bacon Bar is one of the most renowned projects featured on Paramount TV’s Bar Rescue, providing the restaurant with excellent exposure and a constant influx $2,995,000 15 of tourists in addition to their regular clientele. The business is located at 3520 N. Asking Price Gaming Machines Rancho Dr., less than two miles east of the US-95 Freeway with strong traffic counts consisting of +/- 26,300 cars per day (CPD). The property is situated in a densely populated area with over 448,000 residents within a five-mile radius.

The building is +/- 6,562 square feet constructed in 1998 and located on an oversized lot of +/- 1.25 acres. It features a full-service kitchen, large bar with 15 gaming +/-6,562 SF +/-1.25 AC machines, separate dining area, and a craft beer wall. The Bacon Bar provides an Square Footage Land Size opportunity for an owner/operator to acquire and operate a well-established bar and restaurant in northwest Las Vegas with a privileged liquor and gaming license.

The information herein was obtained from sources deemed reliable; however Logic Commercial Real 2 Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. EXECUTIVE SUMMARY

Property Details

Location Building Size 3520 N. Rancho Dr. +/-6,562 SF Las Vegas, NV 89130

Land Size Year Built Bacon Bar features 42 draft +/-1.25 AC 1998 beers & a vast selection of craft bottles, attracting Parcel Number Zoning enthusiasts nationwide. 138-12-315-010 General Commercial District (C-2)

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. 3

featured Bacon featured With Better . Season. 10, Episode 13: Season Episode 10, 13 Episodes: Food Food Channel’s on Travel Bacon Bar featured was In 2017, Paradise the best restaurants in America in serving bacon. Bacon restaurants Bar best the dishes; “Bacon signature two and Beer Battered presented tartar sauce chipotle andFish and served Chips” “Bacon with sauce. teriyaki honey with topped Wings” Chicken Wrapped bacon-inspired the highlights menuThe show and has destination must-try Bar Bacon a being the to contributed while Las in Vegas. , . as Bacon Bar Season 6, Episode 45 Season 3, Episode 22 Episodes: giving the inside of the bar, as well as the outside and outside signage as the a as well bar, the insidegiving the of team Jon’s look. and unique Additionally, renovated completely and drink food new and bartenders with cooks trained experts of apart it from setting ingredient, bacon as key a featuring recipes The change led concept in 200 sports city. the bars in other the it we know as significanta in salesincrease and to Bacon Bar, foodies for as has a destination become widely recognized today, Bar Rescue. of success, Baconandyears fans Due Bar’s to five 2018, in Bar episodelater Rescue which did has a follow-up only nationwide. and prosperity following bar’s fueled the In 2013, Bacon Bar, formerly Kerry’s Sports Pub at the time time Sportsthe Pub at Kerry’s formerly In 2013, Bacon Bar, Bar Rescue Network’s Paramount on featured filming,was of On the show, bar industry expert, Jon Taffer, steps in to help to help in steps bar industry expert, JonTaffer, show, On the Sports Kerry’s With around. bar their turn owners struggling less reliable replace Pub, Jon encouraged management to them and provided workers experienced more with bartenders improve liquor sales to track better to upgraded technology with rebranded Kerry’sJon notably, most profits. But The information herein was obtained from sources deemed reliable; however Logic Commercial Real Real Commercial Logic however deemed reliable; sources from obtained was herein The information thereof. or accuracy the completeness as to or representation warranties no guarantees, makes Estate

EXECUTIVE SUMMARY 4 EXECUTIVE SUMMARY

Investment Highlights

+/- 6,562 SF Featured on Bar Rescue & Real Estate Bar & Restaurant w/ Food Paradise w/ Tourist & 34 High-Definition TV’s and Business Sale 15 Gaming Machines Local Following

Tripadvisor Rating Oversized Lot Traffic Counts of 42 Draft Beers & Vast at 4.5 Stars at +/- 1.25 AC +/-26,300 on Rancho Dr. Selection of Craft Bottles

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. 5 EXECUTIVE SUMMARY

Business Overview

Business Summary Gaming Summary

Name: Bacon Bar License Type: Restricted - 15 machines

Slot Route Golden Route Jurisdiction: City of Las Vegas Operator: Operations, LLC

07/22/2022 Size: +/- 6,562 SF Agreement Expiration: (1 yr. auto renewals)

80% / 20% graduates # Of Employees: 15 full-time, 12 part-time Gaming Split: to 90% / 10%

Owner Hours: 40 / week

Year Business Established: October 20, 2013 Financial Summary

Surveillance System: 16 cameras * Financial information available to qualified buyers

Occupancy: 297

FF&E, goodwill, intellectual Sale Includes: property & licenses based on buyer approval

The information herein was obtained from sources deemed reliable; however Logic Commercial Real 6 Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. 7 Aerials & Plans Demographics Vicinity Map Aerials Site Plan Floor Plan 1.39% 63,177 63,124 16,785 0.83% 18,240 5-mile 5-mile 5-mile 5-mile 173,134 95,620 185,919 167,679 104,501 156,349 $30,915 $78,387 $27,404 448,372 $88,687 480,334 6,491 7,058 1.37% 61,077 26,817 0.86% 26,681 65,310 67,568 3-mile 3-mile 3-mile 3-mile 72,368 35,229 $71,714 38,629 185,419 173,247 $80,774 $25,267 $28,433 812 872 7,451 6,157 2,687 6,579 2,689 3,546 6,969 1.32% 3,890 17,669 0.92% 1-mile 1-mile 1-mile 1-mile 18,870 $30,611 $77,247 $87,550 $26,999 Full Demographic Report Demographic Full Population Population 2021 2026 Population 2026 Annual Growth 2010 - 2021 - 2010 Annual Growth Annual Growth 2021 - 2026 2021 Annual Growth 2026 Average Household Income Average 2026 2021 Average Household Income Average 2021 Income 2026 Total Households Total 2026 Housing Housing Units Total 2021 2021 Owner Occupied Housing Units 2021 Units Occupied Housing Renter 2021 2021 Per Capita Income Per 2021 Capita Income Per 2026 2021 Total Households Total 2021 Households Units Housing Vacant 2021 2026 Owner Occupied Housing Units 2026 Units Occupied Housing Renter 2026 2026 Total Housing Units Total 2026 Units Housing Vacant 2026 Furniture $554.44 122,974 Employees Total $334,682 Median Home Value 392,922 Daytime Population $2,701.9 Entertainment Apparel $1,824.53 $885.41 Transportation Spending facts are average annual dollars per household average are Spending facts Key Facts: 5-Mile Radius 5-Mile Facts: Key Travel # of Businesses # of 0.8% Growth Population 2010-2019 448,372 Population Total 11,096 Key Spending Facts: 5-Mile Radius Facts: Spending Key $2,140.86

$500 $1,500

$1,000 $2,500

$2,000 $3,000 The information herein was obtained from sources deemed reliable; however Logic Commercial Real Real Commercial Logic however deemed reliable; sources from obtained was herein The information thereof. or accuracy the completeness as to or representation warranties no guarantees, makes Estate

MAPS, AERIALS, & PLANS 8 MAPS, AERIALS, & PLANS 9

EQUESTRIAN LAKE MEAD PKWY MEAD LAKE

BOULDER HWY

BURKHOLDER WARM SPRINGS WARM

BOULDER CITY

HORIZON

UTAH

LAKE MEAD PKWY MEAD LAKE

LAS VEGAS BLVD VEGAS LAS

GIBSON

OWENS

STEWART BONANZA The information herein was obtained from sources deemed reliable; however Logic Commercial Real Real Commercial Logic however deemed reliable; sources from obtained was herein The information Henderson

CHARLESTON WASHINGTON Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. or accuracy the completeness as to or representation warranties no guarantees, makes Estate

SAHARA BOULDER HWY WARM SPRINGS WARM

HORIZON RIDGE PKWY STEPHANIE

North VEGAS VALLEY ARROYO GRANDE ARROYO DESERT INN Las Vegas

LAKE MEAD

NELLIS NELLIS

FLAMINGO NELLIS

VALLE VERDE VALLE

MOUNTAIN VISTA MOUNTAIN

CRAIG PKWY VALLEY GREEN

CAREY CHEYENNE LAMB LAMB LAMB Anthem

TROPICAL SANDHILL CENTENNIAL

ALEXANDER

PECOS PECOS

PECOS

EASTERN PECOS

BOULDER HWY McCLEOD

LOSEE EASTERN

LOSEE

LAS VEGAS BLVD VEGAS LAS SUNSET PATRICK TROPICANA

RUSSELL

FLAMINGO HARMON EASTERN EASTERN EASTERN LONE MOUNTAIN CENTER CIVIC

FREMONT Las Vegas DEER SPRINGS Downtown

ANN

ROBINDALE

5TH DESERT INN

VEGAS VALLEY SAHARA

MARYLAND MARYLAND LOSEE MARYLAND

PARADISE

COMMERCE COMMERCE

PEBBLE

REVERE WINDMILL

SILVERADO RANCHSILVERADO

CACTUS BERMUDA PARADISE BERMUDA LAS VEGAS BLVD VEGAS LAS

CAREY

LAKE MEAD VEGAS DR VEGAS

MARTIN L KING L MARTIN ST ROSE PKWY ROSE ST

VOLUNTEER

CLAYTON

LAS VEGAS BLVD VEGAS LAS THE STRIP THE LAS VEGAS BLVD VEGAS LAS

DEER SPRINGS SIMMONS

Aliante ALTA

CALIFORNIA ALLEN SAHARA CHARLESTON DESERT INN SUNSET

WARM SPRINGS WARM

BLUE DIAMOND BLUE CACTUS

ANN

CRAIG CHEYENNE

DECATUR DECATUR TROPICANA HACIENDA

HARMON TWAIN SPRING MOUNTAIN DECATUR RUSSELL DECATUR DECATUR DECATUR LONE MOUNTAIN

ALEXANDER

JONES

JONES JONES SUBJECT JONES Southern Highlands

TROPICAL

LAKE MEAD

SMOKE RANCH

RAINBOW RAINBOW RAINBOW

ELKHORN GRAND TETON FARM

BUFFALO BUFFALO BUFFALO Hills

WINDMILL HACIENDA Centennial ROBINDALE

DURANGO

VEGAS DR VEGAS RAMPART

FLAMINGO SAHARA

WARM SPRINGS WARM FORT APACHE FORT FORT APACHE FORT

LONE MOUNTAIN ALEXANDER CHEYENNE ALTA CRAIG GRAND CANYON GRAND Mountain’s Edge Mountain’s

RENO ANN CHARLESTON

PEACE WAY PEACE

TWAIN ELKHORN SPRING MOUNTAIN TROPICANA

DEER SPRINGS RUSSELL CENTENNIAL FARM

HUALAPAI SUNSET TROPICAL HUALAPAI

DESERT INN

TOWN CENTER TOWN

E GRAND TETON GRAND

K HILLS FAR A L

BLUE DIAMOND DOWNTOWN SUMMERLIN South

Summerlin

PAHRUMP CHARLESTON Summerlin Vicinity Map Vicinity Casinos Station Plaza Station Schools Hospitals AIRPORT N. N. LAS VEGAS

W. Gowan Rd. // 4,700 CPD 4,700 // Rd. Gowan W. W. Craig Rd. // 28,000 CPD 28,000 // Rd. Craig W. W. Alexander Rd. Alexander W.

N. Rancho Dr. // 26,300 CPD N. Decatur Blvd. // 27,200 CPD Golf Courses W. Cheyenne Ave. // 52,500 CPD 52,500 // Ave. Cheyenne W. Mira Plaza Mira Rancho Alta Tonopah Plaza Tonopah Vegas Dr. Vegas W. Smoke Ranch Rd. // 12,200 CPD // Ranch Rd. Smoke W. W. Lake Mead Blvd. // 20,800 CPD 20,800 // Mead Blvd. Lake W. BRINLEY MIDDLE SCHOOL Lowe’s Plaza Lowe’s Planned CommunitiesPlanned

N. Jones Blvd. // 10,400 CPD RE TOBLER Lowe’s Plaza Lowe’s ELEMENTARY Airports Best in the West Rainbow Ridge Plaza Rainbow Cheyenne Commons Cheyenne Shopping Center W. Alexander Rd. 10,100 // CPD Rainbow Promenade Rainbow

N. Rainbow Blvd. // 26,900 CPD

Neighborhood Centers Neighborhood US-95 Freeway // 164,000 CPD Plaza Plaza Rocksprings HOSPITAL Crossing Whole Foods Cheyenne Cheyenne MOUNTAIN VIEW MOUNTAIN N. Teneya Way. // 7,400 CPD Pavilion Lake Mead Lake Plaza Power Centers Power Craig Marketplace Craig Summerlin Gateway Summerlin Gateway N. Bualo Dr. // 9,800 CPD ELEMENTARY ELEMENTARY MARC KAHRE Sea Breeze Village Sea Breeze DOROTHY EISENBERG SummerHill Oce Park DESERT SHORES W. Craig Rd. // 51,000 CPD 51,000 // Rd. Craig W. Northshores

N. Durango Dr. // 21,200 CPD South Shores Center South Shores

GOLD CLUB DURANGO HILLS

SUN CITY SUMMERLIN

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

MAPS, AERIALS, & PLANS 10 MAPS, AERIALS, & PLANS 11 Schools Hospitals Airports AIRPORT N. N. LAS VEGAS

W. Gowan Rd. // 4,700 CPD 4,700 // Rd. Gowan W. W. Alexander Rd. Alexander W. W. Craig Rd. // 28,000 CPD 28,000 // Rd. Craig W. The information herein was obtained from sources deemed reliable; however Logic Commercial Real Real Commercial Logic however deemed reliable; sources from obtained was herein The information

N. Rancho Dr. // 26,300 CPD thereof. or accuracy the completeness as to or representation warranties no guarantees, makes Estate N. Decatur Blvd. // 27,200 CPD Neighborhood Centers Neighborhood W. Cheyenne Ave. // 52,500 CPD 52,500 // Ave. Cheyenne W. Power Centers Power Tonopah Plaza Tonopah Vegas Dr. Vegas W. Smoke Ranch Rd. // 12,200 CPD // Ranch Rd. Smoke W. W. Lake Mead Blvd. // 20,800 CPD 20,800 // Mead Blvd. Lake W. BRINLEY MIDDLE SCHOOL

N. Jones Blvd. // 10,400 CPD RE TOBLER ELEMENTARY Best in the West Rainbow Ridge Plaza Rainbow Cheyenne Commons Cheyenne Shopping Center W. Alexander Rd. 10,100 // CPD Rainbow Promenade Rainbow

N. Rainbow Blvd. // 26,900 CPD

US-95 Freeway // 164,000 CPD HOSPITAL Crossing Cheyenne Cheyenne N. Teneya Way. // 7,400 CPD VIEW MOUNTAIN

Craig Marketplace Craig N. Bualo Dr. // 9,800 CPD Close-Up Aerial ELEMENTARY MARC KAHRE Sea Breeze Village Sea Breeze ELEMENTARY DOROTHY EISENBERG DESERT SHORES W. Craig Rd. // 51,000 CPD 51,000 // Rd. Craig W. Northshores

N. Durango Dr. // 21,200 CPD South Shores Center South Shores GOLF CLUB DURANGO HILLS SUN CITY SUMMERLIN T.P.C. SUMMERLIN Casinos Golf Courses Airports Tonopah Plaza Tonopah Neighborhood Centers Neighborhood

N. Rancho Dr. // 26,300 CPD Michael Way Way Michael The Las Vegas Strip The Las Vegas GOLF CLUB LAS VEGAS

W. Gowan Rd. FUNNY’S & Gas Station

Convenience Store Store Convenience Jay Ave. Ave. Jay SUBJECT

Downtown Las Vegas Downtown AIRPORT

NORTH NORTH LAS VEGAS

MAPS, AERIALS, & PLANS 12 MAPS, AERIALS, & PLANS 13 NAP

W. Gowan Rd. The information herein was obtained from sources deemed reliable; however Logic Commercial Real Real Commercial Logic however deemed reliable; sources from obtained was herein The information

Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. or accuracy the completeness as to or representation warranties no guarantees, makes Estate Pylon SUBJECT NAP Funny’s

N. Rancho Dr. // 26,300 CPD NAP BEER WALL CRAFT OFFICE BATHROOM BATHROOM AREA KITCHEN

BAR AREA

AREA DINING

FOR ILLUSTRATION PURPOSES ONLY ILLUSTRATION FOR AREA DINING

MAIN ENTRANCE Site Plan Site 14 Market Overview MARKET OVERVIEW 15 EQUESTRIAN

30 LAKE MEAD PKWY MEAD LAKE

BOULDER HWY

BURKHOLDER WARM SPRINGS WARM 25

BOULDER CITY

HORIZON 35

UTAH

LAKE MEAD PKWY MEAD LAKE 8

LAS VEGAS BLVD VEGAS LAS

GIBSON

OWENS

STEWART BONANZA 5 Henderson

CHARLESTON WASHINGTON 38

SAHARA BOULDER HWY WARM SPRINGS WARM

HORIZON RIDGE PKWY STEPHANIE

North VEGAS VALLEY ARROYO GRANDE ARROYO DESERT INN Las Vegas

LAKE MEAD

NELLIS NELLIS

FLAMINGO NELLIS

VALLE VERDE VALLE

MOUNTAIN VISTA MOUNTAIN

CRAIG PKWY VALLEY GREEN

CAREY CHEYENNE LAMB LAMB LAMB Anthem

TROPICAL SANDHILL CENTENNIAL

ALEXANDER

PECOS PECOS

PECOS

EASTERN 28 PECOS

BOULDER HWY McCLEOD

LOSEE EASTERN

LOSEE

LAS VEGAS BLVD VEGAS LAS SUNSET PATRICK TROPICANA RUSSELL

The information herein was obtained from sources deemed reliable; however Logic Commercial Real Real Commercial Logic however deemed reliable; sources from obtained was herein The information FLAMINGO HARMON EASTERN EASTERN EASTERN CIVIC CENTER CIVIC thereof. or accuracy the completeness as to or representation warranties no guarantees, makes Estate LONE MOUNTAIN

FREMONT 26 6 Las Vegas DEER SPRINGS Downtown

ANN

ROBINDALE

5TH DESERT INN

SAHARA VEGAS VALLEY

MARYLAND MARYLAND

LOSEE MARYLAND

PARADISE 12 COMMERCE 14 COMMERCE 37 PEBBLE 32

24 33

REVERE WINDMILL

SILVERADO RANCHSILVERADO

CACTUS BERMUDA PARADISE BERMUDA LAS VEGAS BLVD VEGAS LAS 16 20

4 CAREY

LAKE MEAD

VEGAS DR VEGAS 36 MARTIN L KING L MARTIN 3

10 19 ST ROSE PKWY ROSE ST 17

VOLUNTEER

CLAYTON

LAS VEGAS BLVD VEGAS LAS LAS VEGAS BLVD VEGAS LAS THE STRIP THE 11 13

DEER SPRINGS SIMMONS

Aliante ALTA 15

2 CALIFORNIA 29 39 ALLEN SAHARA CHARLESTON 21 DESERT INN SUNSET

WARM SPRINGS WARM

BLUE DIAMOND BLUE CACTUS

ANN

CRAIG CHEYENNE

DECATUR DECATUR TROPICANA HACIENDA

HARMON TWAIN SPRING MOUNTAIN DECATUR RUSSELL DECATUR DECATUR DECATUR LONE MOUNTAIN

ALEXANDER

JONES

JONES JONES JONES JONES Southern Highlands

TROPICAL

LAKE MEAD

SMOKE RANCH

RAINBOW RAINBOW RAINBOW

ELKHORN GRAND TETON FARM

BUFFALO BUFFALO BUFFALO Hills 18

WINDMILL HACIENDA 9 Centennial ROBINDALE

DURANGO DURANGO

VEGAS DR VEGAS 22 RAMPART

40 FLAMINGO SAHARA

WARM SPRINGS WARM FORT APACHE FORT FORT APACHE FORT Airports

Hospitals LONE MOUNTAIN ALEXANDER CHEYENNE ALTA CRAIG GRAND CANYON GRAND Mountain’s Edge Mountain’s

RENO ANN CHARLESTON

PEACE WAY PEACE

TWAIN ELKHORN SPRING MOUNTAIN TROPICANA

DEER SPRINGS RUSSELL CENTENNIAL FARM

HUALAPAI SUNSET TROPICAL HUALAPAI

DESERT INN

TOWN CENTER TOWN

E GRAND TETON GRAND

K HILLS FAR A L

BLUE DIAMOND South Summerlin

Major Parks

Freeway Projects Freeway PAHRUMP

31 CHARLESTON Summerlin COST $4.3B $1.97B $1.66B $1.4B $1.2B $950MM $850MM $600MM $400MM $250MM $200MM $200MM $155MM $110.5MM $100MM $100MM $375MM $350MM $327MM $300MM $100MM $98MM $95MM $90MM $77MM $75MM $70MM $70MM $65MM $61.9MM $58.6MM $56MM $55MM $52.5MM $50MM $47.7MM $45MM $42MM $40MM $29.6MM Estimated Construction Value Construction Estimated

Allegiant Stadium (Raiders) Stadium Allegiant PROJECT NAME PROJECT Las Vegas Resorts World MSG Sphere at the Venetian at MSG Sphere Rock) Hard (former Las Vegas Hotels Virgin Interchange / CC 215 Northern Beltway I-15 Bay Mandalay to Extension Monorail Las Vegas UNLV Medical School Building UNLV Las Vegas Convention Center Expansion Center Convention Las Vegas Henderson West Center Google Data UnCommons Reconstruction Interchange and Tropicana I-15 Majestic Las Vegas Majestic Union Village Art, Museum Las Vegas of Nevada the Hughes Center at Elysian Caesars FORUM Conference Center Conference Caesars FORUM and Casino Hotel Astral Marriott Delta by Dream Hotel Dream Haas Automation Manufacturing Plant Manufacturing Haas Automation Centennial Hills Hospital Expansion Centennial AC Hotel by Marriott Marriott by Hotel AC Las Vegas Center Market World Expo at Intermountain Healthcare Performance Center Performance Healthcare Intermountain CSN Health & Sciences Building The Bend & Lamb Pecos, Losee, at CC 215 Interchanges New Luxury Apartments at Twain and Dean Martin Twain at Apartments Luxury Municipal Courthouse Las Vegas New Nevada State College Education Building College Education State Nevada Blue Diamond Widening Hampton Inn & Suites / Home2 Suites Inn & Suites Hampton Las Vegas Boulevard Repaving Boulevard Las Vegas Las Vegas Convention Center Loop Center Convention Las Vegas Tower & Casino Third Hotel Grand Downtown Park Industrial Apex Pipeline to Water Casino & Spa Renovation Hotel South Point Downtown Henderson Downtown Widening CC 215 Beltway

1 7 2 3 5 # 4 6 8 9 11 17 12 21 13 31 15 16 14 18 19 10 27 37 22 23 32 25 24 33 26 28 35 29 36 34 38 39 20 30

40 $23.4 Billion $23.4

Development Pipeline Pipeline Development Las Vegas 2020-2024 Vegas Las MARKET OVERVIEW

Southern Nevada Travel Breakdown Revenue Breakdown Occupancy Breakdown 2.3MM $10.2B 94.5% By the Numbers 2019 Southern 2019 Clark County’s 2019 Las Vegas’ Nevada population gaming revenue weekend occupancy 49.7MM $6.6B 89.5% 2019 number of enplaned/ 2019 Las Vegas Strip’s 2019 Las Vegas’ deplaned airline passengers gaming revenue Strip occupancy 69% $857MM 88.2% 2019 percentage of visitors 2019 Boulder Strip’s 2019 Las Vegas’ are Millennials and Gen Xers gaming revenue city-wide occupancy 60% $650MM 85.5% 2019 percentage of visitors 2019 Downtown’s 2019 Las Vegas’ Clark County, Nevada are traveling by plane gaming revenue midweek occupancy Clark County is the largest county in Nevada by population with jurisdiction over the world-famous Las Vegas Strip and covering an % % area the size of New Jersey. Clark is the nation’s 14th-largest county 20 $527 83.0 and provides extensive regional services to more than 2.3 million 2019 percentage of international 2019 average visitor’s 2019 Las Vegas’ citizens and more than 45.6 million visitors a year (2019). Included are travelers to Las Vegas gambling budget per trip Downtown occupancy the nation’s 9th-busiest airport, air quality compliance, social services and the state’s largest public hospital, University Medical Center. 19% 42MM 66.2% Nevada has no shortage of compelling landscapes, and Clark 2019 percentage of visitors 2019 number visitors 2019 U.S. national average County is no different. Mt. Charleston and skiing are just 45 are from Southern California come to Las Vegas hotel occupancy 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 % MM to boaters, swimmers, fishermen, hikers, wildlife photographers 16 6.5 and roadside sightseers. Meanwhile, gambling is offered in the 2019 percentage of 2019 number convention convention attending visitors delegates visit destinations of Mesquite, Primm and Laughlin, located on the sun- drenched Colorado River. Source: www.clarkcountynv.gov / Wikipedia Source: Las Vegas Convention and Visitors Authority, Research Center

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

2020 State Business Tax Climate Index

Nevada VT NH ME WA #19 #44 #6 #33 MT ND #16 #5 MN OR #45 NY Tax Advantages #8 WI #49 ID SD #26 #21 MI WY #2 #12 PA #1 Nevada is one the most business-friendly state in the West, IA #29 MA NE #42 OH #36 offering a variety of incentives to help qualifying companies IN NV #28 IL #38 #7 #10 WV RI make the decision to do business in the state. Both Money and UT #35 VA CO #23 #39 #9 #25 Forbes Magazines have named the Silver State one of the most CA #17 KS MO KY #48 #34 #14 #24 CT business-friendly in the country. NC TN #15 #47 OK #18 AZ AR SC NJ NM #27 Nevada ranks as the 7th best state in the Tax Foundation’s #20 #46 #30 #50 #22 GA 2020 State Business Tax Climate Index, an independent MS AL #32 DE #31 #40 ranking of states in five areas of taxation: corporate taxes; #11 TX LA individual income taxes, sales taxes, unemployment #13 #41 MD insurance taxes, and taxes on property, including residential AK FL #43 #3 #4 and commercial property. DC #47 HI In comparison, the Tax Foundation’s Tax Climate Index rankings #37 10 Best Business Tax Climates for our neighboring states are significant: California ranks 48th, 10 Worst Business Tax Climates Arizona 20th, Idaho 21st, Oregon 8th, and Utah 9th.

What Businesses Are NOT Paying For Tax Climate Index Ranking By State 1st

7th 8th 9th Corporate Corporate Franchise Personal 10th Income Tax Shares Tax Tax Income Tax 20th 20th 21st

30th

Franchise Tax Inheritance Unitary Estate 40th on Income or Gift Tax Tax Tax 48th 50th Nevada Oregon Utah Arizona Idaho California

Source: www.taxfoundation.org

Pictured: Red Rock Canyon Pictured: Welcome to Las Vegas sign Pictured: Nellis Air Force Base Pictured: COH Justice Facility on Main Street

Clark County City of Las Vegas City of North Las Vegas City of Henderson With jurisdiction over the world-famous Las Las Vegas, officially the City of Las Vegas The City of North Las Vegas experienced a Henderson, officially the City of Henderson, Vegas Strip and covering an area the size of and often known simply as Vegas, is the population explosion over the past 17 years, is a city in Clark County, Nevada, United New Jersey, Clark is the nation’s 14th-largest 28th-most populated city in the United in large part due to low unemployment, a States, about 16 miles southeast of Las county and provides extensive regional States, the most populated city in the state of booming economy, the connection of the Vegas. services to more than 2.3 million citizens and Nevada, and the county seat of Clark County. freeway loop and record home building. It is the second-largest city in Nevada, after more than 45.3 million visitors a year. The city anchors the Las Vegas Valley The city of North Las Vegas is home to Las Vegas, with an estimated population of Included are the nation’s 9th-busiest airport, metropolitan area and is the largest city approximately 250,000 people, and features 290,000 residents in 2016. air quality compliance, social services and within the greater Mojave Desert. one of the most important Air Force bases in In 2011, Forbes magazine ranked Henderson the state’s largest public hospital, University the country. Las Vegas is an internationally renowned as America’s second-safest city. It has also Medical Center. major resort city, known primarily for Nellis Air Force Base is called the “Home of been named as “One of the Best Cities to Nevada has no shortage of compelling its gambling, shopping, fine dining, the Fighter Pilot,” and houses the U.S. Air Live in America” by Bloomberg Business landscapes, and Clark County is no different. entertainment, and nightlife. Force Warfare Center, the largest and most Week. Mt. Charleston and skiing are just 45 minutes demanding advanced air combat training The Las Vegas Valley as a whole serves In 2014, Henderson was again ranked as away, and Red Rock National Conservation center in the world. as the leading financial, commercial, and one of the Top 10 “Safest Cities in the United area beckons on the western fringe of the cultural center for Nevada. States” by the FBI Uniform Crime Report. Las Vegas Valley.

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

Pictured: Las Vegas Strip Pictured: Fremont Street, Downtown Pictured: Summerlin Library Pictured: Rhodes Ranch Golf Course

The Las Vegas Strip Downtown Las Vegas Summerlin Southwest Las Vegas The Las Vegas Strip is a stretch of South Downtown Las Vegas (DTLV) is the central Summerlin is an affluent master-planned Encompassing master-planned Las Vegas Blvd. in Clark County, NV that is business district and historic center of Las community in the Las Vegas Valley of developments like Rhodes Ranch and known for its concentration of resort hotels Vegas, NV. Southern Nevada. Mountain’s Edge, Southwest is a unique and casinos. corner of the Valley known for its bedroom It is the original town-site and was the It lies at the edge of the Spring Mountains communities and rural charm. The Strip is approximately 4.2 miles in length, gambling district of Las Vegas prior to and Red Rock Canyon to the west; it is partly located immediately south of the Las Vegas the Strip, and the area still incorporates within the official city limits of Las Vegas and Southwest is part of a larger unincorporated city limits in the unincorporated towns of downtown gaming. partly within unincorporated Clark County. stretch of Las Vegas that’s tried to maintain Paradise and Winchester. its rural character. It features a variety of hotel and business This rapidly growing community occupies Many of the largest hotel, casino, and resort high-rises, cultural centers, historical over 22,500 acres according to its Today, its dual proximity to freeways and properties in the world are located on the buildings and government institutions, as developers. distance from The Strip makes it an ideal Strip. well as residential and retail developments. area for many Las Vegans as well as Summerlin encompasses more than 230 prospective homebuyers. Most of the Strip has also been designated Fremont Street is home to most of parks, more than two dozen public and private as an All-American Road and is considered a downtown’s hotels and casinos. schools, 14 houses of worship, 9 golf courses, scenic route at night. 3 resort hotels, recreational facilities, retail and entertainment centers, well-established office parks, and a medical center.

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 three major league professional teams: 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 CONFIDENTIALITY AGREEMENT 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 20 Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. CONFIDENTIALITY AGREEMENTCONFIDENTIALITY Confidentiality Agreement

This Offering Memorandum contains select information pertaining to the business Seller and LCRE expressly reserve the right, at their sole discretion, to reject any and all and affairs of3520 N. Rancho Dr., Las Vegas, NV 89130. This Memorandum expressions of interest or offers to purchase the Property and to terminate discussions with was prepared based on information supplied by Seller and Broker. It contains selected any person or entity reviewing this Offering Memorandum or making an offer to purchase the information about the Property and the real estate market, but does not contain all the Property unless and until a written agreement for the purchase and sale of the Property has information necessary to evaluate the acquisition of the Property. The financial projections been fully executed and delivered. contained herein (or in any other Confidential Information) are for general reference only. CONFIDENTIALITY AGREEMENT The projections are based on assumptions relating to the general economy and local A prospective purchaser’s sole and exclusive rights with respect to this prospective competition, among other factors. Accordingly, actual results may vary materially from such transaction, the Property, or information provided herein or in connection with the sale of the projections. Various documents have been summarized herein to facilitate your review; Property shall be limited to those expressly provided in an executed Purchase Agreement these summaries are not intended to be a comprehensive statement of the terms or legal and shall be subject to the terms thereof. In no event shall a prospective purchaser have any analysis of such documents. other claims against Seller or LCRE or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes The information contained in this Offering Memorandum is confidential and furnished solely of action relating to this solicitation process or the marketing or sale of the Property. for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller This Offering Memorandum shall not be deemed to represent the state of affairs of the or Logic Commercial Real Estate (LCRE). The material is based in part upon information Property or constitute an indication that there has been no change in the state of affairs of supplied by the Seller and in part upon financial information obtained from sources it deems the Property since the date this Offering Memorandum. reliable. Seller, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering Memorandum or LCRE has a policy of proactive broker cooperation with the investment brokerage any of its contents and no legal liability is assumed or shall be implied with respect thereto. community. If applicable, a cooperating broker fee of the sales price shall be paid at closing While the information contained in the Memorandum and any other Confidential Information to cooperating broker that procures and represents the buyer that acquires this property. If is believed to be reliable, neither Broker nor Seller guarantees its accuracy or completeness. applicable, cooperation does not include brokers that represent themselves as Principals Due to the foregoing and since the Property will be sold on an “As Is, Where Is” basis, a or broker’s whose member of his immediate family is participating in the purchase of the prospective purchaser must make its own independent investigations, projections, and property. No broker will be recognized on a prospect that has previously contacted or been conclusions regarding the acquisition of the Property without reliance on this Memorandum contacted by the Seller or the Seller’s representatives. or any other Confidential Information. Although additional Confidential Information which may include engineering, environmental or other reports may be provided to qualified parties as All property showings are by appointment only. Please consult listing agents for marketing proceeds, prospective purchasers should seek advice from their own attorneys, more details. accountants, engineers, environmental and other experts.

By acknowledging your receipt of this Offering Memorandum from LCRE, you agree: The Offering Memorandum and its contents are confidential; You will hold it and treat it in the strictest of confidence; and You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller.

21 GINO VINCENT, CCIM Senior Vice President 702.954.4113 [email protected] BS.0000138.LLC

KELLI NAZIRI Team Strategist 702.954.4103 [email protected] S.192972

2021 LOGIC Commercial Real Estate. All rights reserved. This information has been obtained from sources believed reliable but has not been verified for accuracy or completeness and may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. LOGIC and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained herein. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. The LOGIC logo is a service marks of LOGIC Commercial Real Estate. All other marks displayed on this document are the property of their respective owners, and this use of such logos does not imply any affiliation with or endorsement of LOGIC Commercial Real Estate. Photos, maps, and/or aerials herein are the property of their respective owners. Use of Photos, maps, and/or aerials without the expressed consent of the owner is prohibited.