Moulin Rouge | 15.18 Acres | Las Vegas Land Investment Opportunity
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Moulin Rouge | 15.18 Acres | Las Vegas Land Investment Opportunity 95 15 Bonanza Rd. Northcap Commercial 1127 S. Rancho Drive Las Vegas, Nevada 89102 www.northcapmultifamily.com LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL WHO IS NORTHCAP COMMERCIAL Las Vegas’ premier real estate team consists of veterans John Tippins, Devin Lee, CCIM, Robin Willett, Jerad Roberts and Jason Dittenber to form the city’s largest and most seasoned team of land and multifamily specialists. The group, which has more than three billion dollars of transactions between them, comprise Northcap Commercial’s Division. As a dedicated investment sales team, creating a company that encompassed a trusted global service platform with local market expertise was crucial to delivering exceptional results to their clients. The five-man powerhouse brings mastery in all facets of the market including investment brokerage, site selection, land development, asset management, financing, property management, leasing and a robust presence in Downtown Las Vegas. The team prides themselves in their extensive history with record real estate and investment sales. Since Northcap Multifamily is not bound to a larger corporate entity, they’re able to conduct outreach with both various brokers and buyers bringing a local’s perspective to an industry overwhelmed with out-of-market competitors. Having one of the largest commercial teams in Las Vegas they are able to provide the best service to their buyers and sellers. Due to their ability to apply best practices, common sense, ownership, management experience as well as government relations, to each transaction, they can easily work with every client or broker that comes to them to make the best deal. Last year several of the the team members were honored as CoStar Power Brokers for 2016. MOULIN ROUGE - EXCLUSIVE ADVISORS: Devin Lee, CCIM Robin Willett Jerad Roberts Jason Dittenber John Tippins Director Investments | Finance Executive VP Investments VP Investments Senior Investment Analyst Chief Executive Officer | Founder 702 943 1901 702 943 1903 702 943 1907 702 943 1915 702 333 4455 [email protected] [email protected] [email protected] [email protected] [email protected] LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Overview HIGHLIGHTS MOULIN ROUGE PROPERTY OVERVIEW Northcap Commercial is proud to present the historic Moulin Rouge land opportunity located in central Las Acreage 15.18 Vegas, formerly the famous Moulin Rouge Hotel & Casino site, located in the Historic Westside Downtown development district in Las Vegas, NV. The subject property consists of 4 separate parcels totaling 15.18 acres, Location Central Las Vegas currently zoned C2, with a grandfathered non-restricted gaming license dating back to the original operations in 139-28-703-014 1955. The asset is currently under receivership and is being delivered via bankruptcy sale with many government 139-28-703-013 and historical incentives available to the end user. APN 139-28-703-005 139-28-711-001 Moulin Rouge is located 300 yards away from the state of Nevada’s largest and most expensive public works project ever, Project Neon. The project renovations sum over $900 million with massive road and highway Visible from I-15 development improvements from the I-15/I-95 interchange to Sahara Avenue and expansion from Martin Visibility and I-95 Freeways Luther King Boulevard to Industrial Road. Due to the premium central location, excellent visibility from the I15 and I95 Freeways, proximity to Downtown & the Las Vegas Strip, and cooperation from the City of Las Vegas, Frontage Bonanza Rd. the Moulin Rouge location is quickly becoming a sustainable, modern, and urban city environment to the emerging Downtown Las Vegas corridor. This site awaits an exciting development opportunity to add to the Zoning C-2 ever expanding Downtown Las Vegas sub market. ACREAGE BREAKDOWN APN Address Acreage 1 139-28-703-014 840 W. Bonanza Ave. 5.44 2 139-28-703-013 920 W. Bonanza Ave. 2.33 3 139-28-703-005 1001 McWilliams Ave. 3.56 4 139-28-711-001 thru 059 901 McWilliams Ave. 3.85 LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Site SITE . K P C O A This map is for assessment use only and does NOT represent a survey. ASSESSOR'S PARCELS - CLARK CO., NV. E O S M B T20S R61E 28 N 2 SE 4 139-28-7 Michele W. Shafe - Assessor No liability is assumed for the accuracy of the data deliniated herein. 8 4 8 4 PARCEL BOUNDARY CONDOMINIUM UNIT 001 ROAD PARCEL NUMBER 125 124 123 6 5 4 3 2 1 Information on roads and other non-assessed parcels may be obtained 5 1 7 8 9 10 11 12 1 5 D SUB BOUNDARY AIR SPACE PCL 001 PARCEL NUMER S from the Road Document Listing in the Assessor's Office. N PM/LD BOUNDARY ACREAGE 18 17 16 15 14 13 E 1.00 138 139 140 E RIGHT OF WAY PCL 6 2 ROAD EASEMENT 2 6 T 19 20 21 22 23 24 This map is compiled from official records, including surveys and deeds, G MATCH / LEADER LINE SUB-SURFACE PCL 202 PARCEL SUB/SEQ NUMBER E O 30 29 28 27 26 25 7 3 7 3 but only contains the information required for assessment. See the L PLAT RECORDING NUMBER HISTORIC LOT LINE PB 24-45 N 163 162 161 31 32 33 34 35 36 recorded documents for more detailed legal information. P HISTORIC SUB BOUNDARY BLOCK NUMBER 8 4 8 4 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL A HISTORIC PM/LD BOUNDARY 5 M 5 LOT NUMBER SECTION LINE 5 1 5 1 0 100 200 400 600 800 GL5 GOV. LOT NUMBER Scale: 1" = 200' Rev: 5/3/2016 5 3 . 4 0 19 1 40 R=15 25 25 61 61 61 61 61 61 61 61 61 61 15 24 23 22 21 071 106 200.51 070 088 61 61 61 61 71 35 35 20 19 18 17 16 15 14 13 50.11 50.11 50. 50. 52.16 11 11 50.11 50.11 50.11 25 25 50 50 48. 0 7 50 94 80 005 0 4 4 060 0 104 3 072 087 090 080 082 098 078 076 103 074 100 084 085 101 069 0 204 105 067 095 068 061 065 066 3 0 214 > 2 . 3 031 001 4 WASHINGTON AVE > 3 002 034 005 032 033 153.51 033 038 016 003 044 Y W -PHASE 1 Y E 11 48.76 N MORGAN AVE MORGAN AVE W REED PL O 031 053 D R 702 = 2 701 5 3 8 .4 1 6 5 . 001 6 9 5 3 001 004 T . 2 9 . 1 S 5 13 0 6 2.53 I 0 051 5 35.74 6 14 T 0 T S 2 T S GERSON AVE 25 DOWNEY WY N T A S N T R J N L S G Y M 043 V E L 6 . 9 037 7 1 12 11 204 214 214 T R=15 4 S 25 0 S AVE D LLIAM 0 WI . MC 0 3 0 0 3 009 8 041 006 007 008 3 017 V 035 015 016 H 0 L 013 014 011 3 012 650 B 325 203 100 711 019 6 042 G 0 . DESERT CACTUS 0 203 0 N 13 14 1 I 018 0 See Condo List Page 2 4 K 005 . 4 5 8 2 . 3 8 2 3 3.56 L "B" 2 021 0 N 036 4 I CONTRACTORS 1 T 040 SQUARE PB 28-76 R 703 650 020 295.27 A 12 3 8 VAC 2209:2168951 6 6 . 8 006 6 6 M 5 . 6 6 0 26.27 6 710 384.43 7 6 0.22 PB 24-94 72 150 10 004 0 023 0 2 2 3 14 0 003 002 3 6 See Condo List Page 017 8 4 . 6 6 0 4.71 1 010 4 1.42 4.71 6.58 6 5 9 3 095 "A" 2 8 . 8 6 6 048 . 4 4 1 5 1 9 2 095 9 : 1 5 1 9 9 8 1 150 0 5 . 2 1 2 0 5 016 4 3 0 007 014 C 096 3 0 010 A 1 1.06 096 V 0.34 181.99 0 2 2 0.88 2 5.44 PM 101-97 6 013 .0 20 2 20 2.33 107 049 0 0 015 4 4 0 011 1 1 4 1 0.59 0 008 5 0.18 1 R=25 7 0.52 5 96.04 5 .6 036 82 60 0 325 284 4 100 325 0 030 0 1 0 1 028 027 150 037 024 025 026 027 029 5 026 022 039 0 017 3 BONANZA RD 001 014 006 0 020 005 125 225 10 407.02 150 TAX DIST 203,204,214 LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Overview Aerial BOYS & GIRLS CLUB OF AMERICA UPS CUSTOMER CENTER W. McWilliams Ave. 3 4 TERRIBLES HERBST PENSKE TRUCK H St. CAR WASH / CHEVRON RENTAL PACIFIC SUPPLY 2 1 15 N. Martin L. King Blvd. W. Bonanza Rd. TENAYA CREEK KEENAN SUPPLY BREWERY XTREME LAS VEGAS MANUFACTURING REVIEW JOURNAL 95 LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Las Vegas Business Incentives LAS VEGAS BUSINESS INCENTIVES LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Las Vegas Business Incentives LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Financial Incentive Programs FINANCIAL INCENTIVE PROGRAMS LAND INVESTMENT OPPORTUNITY | MOULIN ROUGE NORTHCAP COMMERCIAL Moulin Rouge | 15.18 Acres • Financial Incentive Programs June Johns Scott Carter 495 S.