RUSSELL PAVILION • Proposed Fast Food Or Retail Pad 6825 W

MULTI-TENANT RETAIL/OFFICE INVESTMENT OFFERING • Price: $7,499,000 • Cape Rate: 6% • Net Lease Investment: NNN • 100% Fully Leased RUSSELL PAVILION • Proposed Fast Food or Retail Pad 6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 Available - With Drive Thru

DANIEL GLUHAICH +1 408 201 0120 [email protected] License # NV-S.0050164 Confidentiality Agreement

This Confidential Offering Memorandum (the “Memorandum”) is being delivered exclusively by Colliers International (the “Agent”) to a party who may be interested in the acquisition of the Fee Simple interest in 6825 W. Russell Road, Las Vegas, NV 89118 (the “Property”), described in this Memorandum. This is a private offering, made only by delivery of a copy of the Memorandum to the recipient (the “Recipient”). By accepting this Memorandum, the Recipient agrees to comply strictly with the terms and conditions of the Confidentiality Agreement previously executed and delivered to the Agent by the Recipient with respect to this Memorandum and all information contained herein, and to use this Memorandum only for the purpose of evaluating the offering made hereby.

The material contained in this Memorandum is provided solely to assist the Recipient in determining whether it is interested in making an investigation or evaluation concerning a potential purchase of the Property. Neither the Agent nor any affiliates or client of the Agent which term includes related entities, the owners of any equity interest in the Property, (“Owner”), the manager of the Property (“Manager”), and any officers, employees and agents of any such parties make any representations or warranties with regard to the accuracy or completeness of the information contained herein. This Memorandum may include statements and estimates provided by the Agent, the Owner, or the Manager with respect to the anticipated future performance of the Property. Nothing contained in this Memorandum should be construed as a representation as to the future performance of the Property, and the Recipient acknowledges and agrees that any statements or estimates relating to future performance reflect various assumptions concerning the Property’s anticipated results, which may or may not prove to be correct. No representations are made as to the accuracy of such statements and estimates, and none of the Agent, the Owner, the Manager, or any related entities shall have any liability with respect to or arising from any inaccuracy in such statements or estimates. Statements made in this Memorandum as to the content of any contract or other document referred to, are not complete or definitive descriptions, but summaries or portions thereof. Each such statement is qualified by its reference to the full text of the contract or document, copies of which will be made available by the Agent to Recipient upon request. In addition, not all contracts or other documents, which may be relevant, have been summarized or referenced in this Memorandum. This Memorandum is being delivered by the Agent to a prospective purchaser with the understanding that it will independently investigate those matters which it deems appropriate in evaluating the Property and will rely solely on its own investigation in determining whether to purchase the Property.

This Memorandum does not constitute an offer to sell, or a solicitation of an offer to buy, an interest in the Property in any jurisdiction in which, or to any person for which, such offer, sale, or solicitation would be unlawful. Except where otherwise indicated, the information contained in this Memorandum has been prepared as and no obligation is assumed to supplement or modify the information to reflect subsequent events or conditions. Nothing contained in this Memorandum may be construed to constitute legal or tax advice to a Recipient concerning the Property or purchase of the Property.

More detailed information regarding the expected terms, conditions, and timing of the offering of the Property will be provided in due course by separate communication with each Recipient. The Agent, the Owner and the Manager reserve the right to engage in discussions or negotiations with one or more recipients or other prospective investors at any time without notification to, or other obligation to, any other Recipient or prospective investor. The offering made hereby is subject to a change in terms or termination without notice. The Owner and the Manager will remain free to operate the Property in their sole and absolute discretion during the evaluation and offering process, including the taking of such actions, whether within or outside of the ordinary course of business, which the Owner or the Manager shall deem necessary, prudent or desirable.

The Agent reserves the right to require the return of this Memorandum and any other material provided to the Recipient at any time.

Acceptance of this Memorandum by the Recipient constitutes acceptance of the terms and conditions outlined above.

6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 2 EXECUTIVE SUMMARY

Executive Summary

THE OFFERING Daniel Gluhaich of Colliers International is pleased to present, 6825 W. Russell Road Las Vegas, NV 89118. An upscale fully leased multi-tenant retail/office center. The building is comprised of 23,582 square feet and is built on 2.4 acres, built in 2007. Additional pad to be built – with drive thru.

Neighborhood retail shopping center. Great highway and sign visibility. Well established and potential growth area.

APN / Parcel ID 163-35-110-006

INVESTMENT HIGHLIGHTS • 100% Leased -NNN • Construction with Highest Quality Materials • Proposed Fast Food or Retail Pad Available - With Drive Thru

Investment Summary 6825 W. Russell Road, Las Vegas, NV 89118 List Price $7,499,000 Lease Type NNN NOI thru 9/15/19 $450,233 Square Footage 23,582 Price Per Square Foot $265.75 Actual Cap Rate 6% Occupancy 100% Year Built 2007

6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 3 PROPERTY DESCRIPTION

Russell Pavilion 100% LEASED

±23,582 SF

6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 4 95 APEX INDUSTRIAL PARK

KYLE CANYON RD KYLE SPRING SILVERSTONE IRON CANYON PROPERTYMOUNTAIN DESCRIPTIONMOUNTAIN 157 GATEWAY RANCH RANCH GRAND TETON DRIVE PARK HIGHLANDS SEVERENCE LANE ALIANTE 15

PROVIDENCE ELKHORNR OAD 215 93

N TENAYA N WAY S

ELKHORN L

L AM

DEER SPRINGS WAY 95 OSS B B

SPRINGS E

R L

V D

D W CENTENNIAL PARKWAY LAS VEGAS

MOTOR SPEEDWAY 604

N N

P ECOS ROA ECOS

215 BLVD JONES EL DORADO

D ECATURBLV W ANN ROAD ANN R OAD

URA

S C

A M SHADOW PAINTED DESERT M

NGO

MON

LOS I

N UNION PACIFIC RR D O WASHBURN RD CREEK

DRIVE

A PRADOS S

N 5TH STREET L

STREE

RANCHO N O

R NELLIS AFB

W LONE MOUNTAIN ROAD T E

T DEL NORTE RANCHO 15 Property Description ALTA MIRA CRAIG ROAD

CRAI G ROAD 573

I F

F W ALEXANDER OAD R 93

NELLIS AFB

H N RAINBOWN BLVD

BUFFALO DRIVE A

D O

W NORTH D

D CCSN R

M CHEYENNE I 599

ARTIN L E DURANGO LAS VEGAS CAMPUS VEGAS BLV Property Detail N LAS

W CHEYENNE AVENUE HILLS U LOSEE RD. TH E CHEYENNE AVENUE 574 ER

KING JR B

SUN CITY LAS VEGAS LV SUNRISE HIGHLAND PALM DESERT E EVANS AVE SHORES NORTH LAS VEGAS VISTA 6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 FALLS VALLEY AIRPORT D

NELLIS BLVD 147 SMOKE RANCH RO AD ST BELMONT E CAREY AVE VD EAGLE 95 E LAKE MEAD BL CREST W LAKE MEAD BLVD N E LAKE MEAD BLVD 147 RANC Building Square Footage 23,582

147 N

HO RUC

N E

VEGAS DRIVE DR E E OWENS AVENUE

S T PECOS ROAD

A LAMB BLVD LAMB

STER

TPC AT LAS VEGAS H

N AVE 15 GTON AVE L SUMMERLIN W WASHINGTON DRIVE MUNICIPAL E WASHIN YW SUMMERLIN SUMMERLIN PARKWAY OO D Number of Buildings 1

BLVD TPC AT E BONANZA ROAD ANGEL WESTCLIFF DRIVE 95 D CANYONS E LAS VEGAS S E R T PARK DESERT PINES NU F ART AVE E O ALTA DRIVE STEW O T 515 93 H

I L BADLANDS L S UNIVERSITY RED ROCK NATIONAL AREA CONSERVATION Number of Stories 1

D R W CHARLESTON BLVD MEDICAL CENTER E CHARLESTON BLVD

T O 159

W FREMONT

CCSN

C CHARLESTON L

E L

N CAMPUS

Y ST

T PECCOLE

R DESERT

I 607 E

D CANYON W

R RANCH 595

E ST LOUIS AVE

V R ROSE E

O Land Acres 2.4 Acres

GATE L N A

W D SAHARA AVE OS

215 589 F

RED E

BUFFALO I

E AHARAS AVE I

Z Z S ROCK VEGASLLEY VA DRIVE T

THE LAKES N

DRIVE S JON LAS VEGAS AD

612 HOL ES “THE STRIP” ROYAL

BL CC

LYW Zoning Commercial E DESER T INN ROAD VD LINKS 147

W DES ERTINN ROAD SPRING MOUNTAIN RD INDUSTRIAL RO O O

WYNN BOULEVARD B D LAKE

S RAINBOW BLVD

MALL L LAS VEGAS VD 604 95 STALLION BEAR’S FLAMINGO ROAD FLAMINGO ROAD MOUNTAIN Building Class A

502 N D P REFLECTION BEST H ARADI UALAPAI DESERT

E SPRINGS

CAT BAY S L SPRING E HOSPITAL A SIENA EAST K E

U W UNLV L

R A AY S VALLEY 582 V B E G

L A

VD TROPICANA AVENUE LAS VEGAS S

TROPICANA AVENUE M P

SUNRISE Location ClassK A

593 R

Y BO W

L S Y AN

S U

A COLONY D LDE N

SPANISH TRAIL D

PA H R B I R HACIENDA AVE L R K O V L HW

W A A D

R L A B

O L Y Y E

SPRING E N

Y T

VALLEY THE V 15 B

I L

HOSPITAL E E RUSSELL ROAD

V W D

P FALLS

S DURANGO D DURANGO S

FO D R B

BUFFALO DRIVE ROA L C

O Number of Parking Spaces 122

RUSSEL

RT W O

A MC CARRAN

BALI R

APACHEROAD O

A Y D A

R INT’L AIRPORT W HAI ARK 595 MEAD P TUSCANY E LAKE

IVE WHITNEY E SUNSET ROAD

W SUNSET RO AD S RANCH SOUTHERN PECOS

TOWN N

Parking Ratio 10/1000 HILLS HOSPITAL

SUNSET S TE

SQUARE PHAN

215 PARK ROAD E SUNSET ROAD IE STRE IE

ST. ROSE V 564 W ARBY AVE A WILDHORSEL N SAN MARTIN L A E R HOSPITAL V R ET E EASTGATE RD S EASTERNS AVENUE O

R W WARM SPRINGS ROAD 93 RACETR Y

D O

WARM SPRINGS ROAD E

D BLVD RANDE UPRR R

RICHARD CK CORONADO GREEN SON DRIVE

NEVADA ROAD

515 C EN

RANCH T

TRAILS E

VALLEY 582 R

UNION PACIFIC RR PACIFIC UNION ST GIBSON Rd.

S WINDMILL LANE AMERICAN PACIFIC DR RHODES WINDMILL LN B RAINBOW 95 ST. ROSE DOMINICAN RANCH HOSPITAL BURKHOL SOUTH DE R BLVD S W WIGWAM AVE LVD W LEGACY A E T

S DE L VA ER S A N

DEAN DEAN MARTIN DR W S S V 607 AGEN T

CAT E EGAS BLV EGAS E PEBBLE ROAD N S

D T

UR BL BER W HENDERSON

MA M

VD S

MA R

D 215 Y G

I A

160 BLUE DIAMOND ROAD C LA

R G

E PKWY I E DG AVE R I R C

N N E

D O W

D N Z

S S I

R BLACK AY

V FORT AP FORT

P O S JONE S A H ARKWAY

SOUTHFORK L W E MOUNTAIN EQUESTRI Y AN DR

GOMER ROAD

ACHE

S BLVD S P

W SILVERADO RANCH BLVD A

FOO

AL T

A DRAGON RIDGE

OOS

LL MOUNTAINS EDGE PKWY B CCSN

U S

515 A HENDERSON CAMPUS

RD D

FA SOUTHERN ST. ROSE R L DOMINICAN HOSPITAL DEL WEBB O DR

I HIGHLANDS SIENA CAMPUS W CACTUS AVE MACDONALD RANCH

W CACTUS AVE SILVERADO SUN CITY GREENWAY RD V COLLEGE COLLEGE DR E 146 MISSION DR RANCH SUNRIDGE WEST 93 y CANYON SHINNECOCK HILLS AVE wa SO k U ar E PARADISE HILLS DR TH P MACDONALD ER se N MOUNTAIN’S HI Ro GH t HIGHLANDS L S S RAILROAD AN E EDGE D V S E 604 N SEVEN HILLS PA R HENDERSON H PASS K I W L LS A Y EXECUTIVE DR RIO SECCO AIRPORT

ANTHEM 93

VOLUNTEER BLVD REVERE LOCATION DESCRIPTION DEL WEBB’S 95 15 ANTHEM

This 23,582 square-foot fully leased retail shopping A centerY is located on A NTHEM PARKW 6825 W. Russell Rd. Las Vegas, Nv. 89118. Minutes from I-15, and I-215. Great location on Russell Rd. and SE corner of Rainbow Blvd. Surrounded by potential growth as well as established residential, office, medical, and retail/commercial. Near Spring Valley Hospital Medical Center, Spanish Trails, Las Vegas Blvd, Raiders Facility and McCarran International Airport.

6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 5 PROPERTY DESCRIPTION

Proposed Fast Food/Drive-Thru MK DESIGN . PLANNING A RCHITECTURE 50 East Serene Ave. # 414 Las Vegas, NV 89123 702 . 534 . 8166 [email protected] SEAL:

RUSSELL ROAD

CONSULTANTS

PROPOSED FAST FOOD/ DRIVE-THRU 3116 HARBOR HEIGHT DR. RESIDENTIAL ADDITION LAS VEGAS, NV 89117 OWNER / PROJECT DESCRIPTION

MARK DATE DESCRIPTION

PROJECT NO: 2018 - 30

DRAWN BY: mak

CHECKED BY: mak

ALL DRAWINGS AND SPECIFICATIONS ISSUED AS PART OF THE SERVICE RENDERED BY THE ARCHITECT FOR THIS PROJECT SHALL REMAIN THE PROPERTY OF THE ARCHITECT. ANY DUPLICATION OF THE DRAWINGS AND/OR SPECIFICATIONS IN WHOLE OR PART FOR USE ON ANY OTHER PROJECT OR FOR COMPLETION OF THIS PROJECT BY OTHERS, IS STRICTLY PROHIBITED WITHOUT THE WRITTEN CONSENT OF THE ARCHITECT.

SHEET TITLE RAINBOW BOULEVARD SCALE 1/32" = 1'-0" SITE PLAN/ DRIVE-THRU

NORTH RESTAURANT OPTION 0 5' 10' 25' 100' 6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 6 A3 PROPERTY DESCRIPTION

Proposed Fast Office/Retail/Restaurant MK DESIGN . PLANNING A RCHITECTURE 50 East Serene Ave. # 414 Las Vegas, NV 89123 702 . 534 . 8166 [email protected] SEAL:

RUSSELL ROAD

CONSULTANTS

PROPOSED OFFICE/RETAIL/RESTAURANT 6,380 SQ. FT. 3116 HARBOR HEIGHT DR. RESIDENTIAL ADDITION LAS VEGAS, NV 89117 OWNER / PROJECT DESCRIPTION

MARK DATE DESCRIPTION

PROJECT NO: 2018 - 30

DRAWN BY: mak

CHECKED BY: mak

SHEET TITLE RAINBOW BOULEVARD OPTION SCALE 1/32" = 1'-0" SITE PLAN RETAIL/RESTAURANT NORTH 0 5' 10' 25' 100' 6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 7 A2 PROPERTY DESCRIPTION

Aerial

RUSSELL ROAD

MARKET HIGHLIGHTS • Busy Location on Russell Rd. and SE corner of Rainbow Blvd with High Visibility • Pylon Sign • Absolute NNN • Minutes to I-215 and I-15 • 100% Fully Leased BUFFALO DRIVEBUFFALO SUNSET ROAD

215 167,000 VPD

6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 8 FINANCIALS

Financial Overview

Building Information 6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118

Price $7,499,000 $265.75 PSF

Down Payment $7,499,000 $265.75 PSF

Rentable Square Footage 23,582

Base Rent $450,233 $15.96 PSF

Monthly Rent $37,519 $1.33 PSF

Lease Overview

Rent Roll Tenant Square Footage Tenant Rent Maka Beauty 1,742 $2,866.24 Hitt Life Fitness 4,333 $5,415.00 Angelina’s Pizzeria 3,203 $5,925.55 Fresh Cuts Barber Shop 1,400 $1,912.28 Fluff Ice 1,400 $2,294.73 Skylark Salon 1,400 $2,310.00 Royal One Clothing 1,400 $1,860.55 Relics Body Art 1,200 $1,980.00 Above the Cloud 3,600 $5,040.00 Good Samaritan 2,400 $5,213.26 PeopleReady Inc. 1,501 $2,701.80

6825 W. RUSSELL ROAD, LAS VEGAS, NV 89118 | INVESTMENT OFFERING COLLIERS INTERNATIONAL P. 9 DEMOGRAPHICS ESTIMATED HOUSEHOLDS BY TYPE

POPULATION 0 - 1 MILES 0 - 3 MILES 0 - 5 MILES 2025 Projection 13,099 158,639 388,695 2020 Estimate 12,179 147,451 360,934 2010 Census 10,470 122,884 293,926 2000 Census 7,472 81,575 186,089 Projected Growth 2020 - 2025 7.55% 7.59% 7.69% Estimated Growth 2010 - 2020 16.32% 19.99% 22.80% Growth 2000 - 2010 40.12% 50.64% 57.95%

HOUSEHOLDS 0 - 1 MILES 0 - 3 MILES 0 - 5 MILES 2025 Projection 5,382 62,865 151,357 2020 Estimate 5,024 58,648 141,046 2010 Census 4,370 49,621 116,567 ESTIMATED HOUSEHOLDS BY INCOME 2000 Census 3,274 33,670 75,850 Projected Growth 2020 - 2025 7.13% 7.19% 7.31% Estimated Growth 2010 - 2020 14.97% 18.19% 21.00% Growth 2000 - 2010 33.48% 47.38% 53.68%

2020 EST. POPULATION BY 0 - 1 MILES 0 - 3 MILES 0 - 5 MILES SINGLE-CLASSIFICATION RACE Total 12,178 147,452 360,934 White Alone 49.13% 47.49% 48.60% Black or African American Alone 13.05% 13.95% 12.41% Amer. Indian and Alaska Native Alone 0.59% 0.67% 0.60% Asian Alone 21.38% 21.04% 20.53% Native Hawaiian and Other Pac. Isl. Alone 1.22% 0.89% 0.86% Some Other Race Alone 9.96% 10.81% 11.18% Two or More Races 4.65% 5.15% 5.82% Not Hispanic or Latino 78.37% 74.89% 73.81% EST. POPULATION BY AGE Hispanic or Latino 21.63% 25.11% 26.19%

2020 EST. HOUSEHOLDS 0 - 1 MILES 0 - 3 MILES 0 - 5 MILES BY HH INCOME Per Capita Income $34,969 $30,856 $32,791 Est. Average Household Income $84,753 $77,576 $83,910 Est. Median Household Income $62,875 $58,836 $61,998

© 2019 Colliers International. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents. RUSSELL PAVILION 6825 W. Russell Road, Las Vegas, NV 89118

DANIEL GLUHAICH +1 408 201 0120 The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and [email protected] changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents. License # NV-S.0050164