For Sale I-15 Freeway // 73,000 Cpd

LAND “M” RESORT SPA CASINO FOR SALE I-15 FREEWAY // 73,000 CPD

DISTRIBUTION CENTER PRACTICE S. LAS VEGAS BLVD. // 25,000 CPD FACILITY

VOLUNTEER BLVD. DISTRIBUTION CENTER HENDERSON EXECUTIVE EXECUTIVE AIRPORT DR. // 9,250 CPD AIRPORT

ST. ROSE PKWY. // 42,000 CPD SUBJECT

7 HILLS COMMUNITY

SEVEN HILLS DR.

STREET VIEW

presented by:

NEAL ANZALOTTI MARC MAGLIARDITI, CCIM TRAVIS LANDES Vice President Vice President Senior Associate 7 HILLS 702.954.4118 702.954.4115 702.954.4126 [email protected] [email protected] [email protected] COMMERCIAL 7 HILLS COMMERCIAL HENDERSON, NV 89052 EXECUTIVE SUMMARY 2

PROPERTY OVERVIEW PROPERTY DETAILS

Seven Hills is an affluent high-density, pedestrian-friendly, master-planned community in Henderson, Nevada. As a primarily guard-gated community this land is the last commercially zoned parcel for sale within Seven Hills community. ADDRESS: Henderson, NV 89052 With neighboring high-income demographics, this submarket is known for its large homes and private drives. This land opportunity totals +/- 5.09 acres and is zoned APN: 191-02-212-001 Neighborhood Commercial (CN) with all off sites in place for development. OFFERING PRICE: $4,700,000

HIGHLIGHTS PRICE PER ACRE: $923,379/$21.00 PSF Mixed-use zoning: Office – Retail – Residential ACRES: +/- 5.09 AC Last undeveloped commercial pad in Seven Hills Masterplan Three (3) story development approved ZONING: Neighborhood Commercial (CN) All utilities available (buyer to verify) Unobstructed strip views All off sites complete

The information herein was obtained from sources deemed reliable; however Logic Commercial Real LOGICEstate COMMERCIALmakes no guarantees, REAL warranties ESTATE or representation • 3900 S.as toHUALAPAI the completeness WAY, or accuracySUITE thereof200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COM 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 7 HILLS COMMERCIAL HENDERSON, NV 89052 OVERALL MAP - MAPS AND AERIALS 3

SUBJECT

LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COM 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 7 HILLS COMMERCIAL HENDERSON, NV 89052 AERIAL 4

SOUTH POINT HOTEL & CASINO

I-15 FREEWAY // 73,000 CPD CAL ATLANTIC 7 HILLS ELYSIAN AT ST. ROSE COMMUNITY Population: +/- 10,446 HOMES 176 UNITS STARR AVE. 2008 CONST. SUBJECT LAS VEGAS BLVD. // 25,000 CPD DISTRIBUTION CENTER

ST. ROSE PKWY. // 42,000 CPD PRACTICE THE BLOCK FACILITY MIXED USE +/- 2,920 Residential Units DISTRIBUTION CENTER 670,000 SF Office & Retail 250 Room Boutique Hotel

“M” RESORT VOLUNTEER BLVD. // 14,000 CPD SPA CASINO EXECUTIVE AIRPORT DR. // 9,250 CPD HENDERSON SOUTH 15 INDUSTRIAL PARK +/- 86,880 SF EXECUTIVE AIRPORT

SUNRIDGE HEIGHTS PKWY.

ST. ROSE PKWY. SEVEN HILLS DR.

SUBJECT S. EASTERN AVE. // 40,000 CPD EXECUTIVE AIRPORT

SUBJECT

POPULATION 1-mile 3-mile 5-mile RADIUS MAP 2018 Estimated Population 8,726 110,787 242,554 2023 Projected Population 9,637 122,863 267,945 2010 Census Population 7,604 92,940 208,235 Annual Growth 2010 - 2018 1.68% 2.15% 1.87% Annual Growth 2018 - 2023 2.01% 2.09% 2.01%

INCOME 1-mile 3-mile 5-mile 2018 Average Household Income $107,064 $93,442 $92,973 2023 Projected Average Household Income $118,530 $105,300 $104,917 2018 Per Capita Income $41,431 $35,712 $36,506 2023 Per Capita Income $45,564 $39,906 $40,838

HOUSEHOLDS 1-mile 3-mile 5-mile 2018 Total Households 3,367 42,159 94,686 2023 Total Households 3,692 46,398 103,786

2010 Census Households 3,015 36,304 83,175

HOUSING 1-mile 3-mile 5-mile 2018 Total Housing Units 3,541 46,085 105,733 2018 Owner Occupied Housing Units 2,009 24,890 57,758 2018 Renter Occupied Housing Units 1,358 17,269 36,927 2018 Vacant Housing Units 174 3,926 11,047 2023 Total Housing Units 3,818 50,121 114,792 2023 Owner Occupied Housing Units 2,254 27,953 64,776 2023 Renter Occupied Housing Units 1,439 18,444 39,011 2023 Vacant Housing Units 126 3,723 11,006

MEDICAL TOURISM CITY OF HENDERSON

Las Vegas is one of the few destinations in the world to develop a regional strategic plan for medical and The largest full-service city in the state of Nevada, wellness travel. The plan provides a unified vision among the medical and tourism providers in Las Vegas Henderson has become a premier residential community to offer a unique and compelling option for the health and wellness traveler. The plan is a comprehensive where family is valued and quality public services are economic development strategy, involving medical facilities, physicians and surgeons, government provided. institutions, economic development authorities, higher education, the hospitality sector and the local community, to deliver a total patient experience unlike anything in the United States. Henderson, referred to as the other side of Southern Nevada, is located just 7 miles from the famed Las Simply put, rapidly evolving treatment expertise combined with a world-class hospitality infrastructure makes Vegas Strip and a couple of miles from beautiful Lake Las Vegas a serious player in health and wellness travel. Mead. Known throughout the nation for its premier master-planned communities, outstanding parks and recreation facilities and cultural arts, Henderson offers an enhanced quality of life for those who choose to live, learn, work and play here.

Henderson is attractive to new businesses and new residents. Some of the nation’s best-known names in business, such as Ocean Spray, have built facilities in Henderson, which is evidence of the City’s pro-business environment. Resorts such as the Green Valley Ranch Resort have also found Henderson attractive, building extraordinary properties that are suitable to the residential nature of the community.

The Las Vegas 51s

The Las Vegas 51s Triple-A minor league baseball team will get a new home in 2019, but not before representatives of the Las Vegas Convention and Visitors Authority board of directors debated for 1½ hours on whether the $80 million dedicated to stadium naming rights is money well-spent.

The Las Vegas Stars

The Las Vegas WNBA team are a professional basketball team based in Las Vegas, Nevada, playing in the Western Conference in the WNBA. The team was founded in Salt Lake City, Utah as the Utah Starzz before the league’s inaugural 1997 season began; then moved to San Antonio before the 2003 season and became the San Antonio Silver Stars, then simply the San Antonio Stars in 2014; then relocated to Las Vegas before the 2018 season. The Las Vegas Golden Knights

The Vegas Golden Knights are a professional ice hockey The Las Vegas Lights FC team that is based in the Las Vegas metropolitan area. The team began play in the 2017–18 NHL season, and is a Las Vegas Lights FC is a planned expansion member of the Pacific Division of the Western Conference team for the United Soccer League for the of the National Hockey League (NHL). The team is owned 2018 season. The team will play at Cashman by Black Knight Sports & Entertainment, a consortium led Field in downtown Las Vegas. The team name by Bill Foley, and plays its home games at T-Mobile Arena was selected by a user poll from a list of six on the Las Vegas Strip in Paradise, Nevada. candidates.

Historically, the casinos that were not in Downtown Las Vegas along Fremont Street were limited to outside of the city limits on Las Vegas Boulevard. In 1959 the Welcome to Fabulous Las Vegas sign was constructed exactly 4.5 miles (7.2 km) outside of the city limits. The sign is today about 0.4 miles (0.64 km) south of THE LAS VEGAS STRIP the southernmost entrance to Mandalay Bay (the southernmost casino). In the strictest sense, “the Strip” refers only to the stretch of Las Vegas 2017 Clark County 2017 Las Vegas 2017 Hotel 2017 Average 2017 2017 Room Gaming Revenue Strip Revenue Occupancy BoulevardDaily thatRoom is Rate roughly betweenConventions Sahara Avenue Per Year and Russell Road,Inventory a distance of 4.2 miles (6.8 km). However, the term is often used to refer not only to the road but also to the various casinos and resorts that line the road, and even $7.5B $4.8B 92.7% to properties$130.56 that are not on the road15,166 but in proximity. Phrases148,532 such as Strip Area, Resort Corridor or Resort District are sometimes used to indicate a larger geographical area, including properties 1 mile (1.6 km) or more away from Las Vegas Boulevard, such as the Hard Rock Hotel & Casino, Rio All Suite Hotel and Casino, Palms Casino Resort and Hooters Casino Hotel.

2016 2016 2016 Employment Growth Conventions Per Year Average Room Rate 3.1% 21,864 $120

Source: Las Vegas Convention and Visitors Authority

The Las Vegas Strip is a stretch of South Las Vegas Boulevard in Clark County, One of the most visible aspects of Las Vegas’ cityscape is its use of dramatic Nevada, known for its concentration of resort hotels and casinos. The Strip is architecture and lights. The rapidly evolving skyline and constant modernization of approximately 4.2 miles in length, located immediately south of the Las Vegas hotels, casinos, restaurants, residential high-rises, and entertainment offerings on city limits in the unincorporated towns of Paradise and Winchester. However, the Strip, have established it as one of the most popular destinations for tourists in the Strip is often referred to as being in Las Vegas. Fourteen of the world's 25 the United States, and the world. largest hotels by room count are on the Strip, with a total of over 62,000 rooms.

AIRPORTS

McCarran International Airport is the primary commercial airport serving the Las Vegas Valley, a major metropolitan area in the U.S. state of Nevada. McCarran received over 47,435,640 passengers in 2016, an increase over the previous year but still below pre-recession levels. It is the 26th busiest airport in the world by passenger traffic and the 8th busiest Lowest Corporate Travel Total Aircraft by aircraft movements. Cost in Western US Movements

It has undergone significant expansion since then and has 1st 8th Busiest employed various innovative technologies, such as common- use facilities. The airport consists of four runways and two passenger terminals: Terminal 1 and Terminal 3. Terminal 1 is composed of four concourses, namely the A, B, C, and D Gates; Terminal 3 contains the E Gates. A people mover system is in place between the pre-security area of Terminal 1 and the C and 2016 National 2016 Total En/Deplaned D Gates, as well as between the D Gates and Terminal 3. Passenger Traffic Air Passengers YTD

The airport has nonstop air service to destinations in North 9th Busiest 47.4 MM America, Europe, and Asia. It is an operating base for Allegiant Air, as well as a crew and maintenance base for Frontier Airlines,Southwest Airlines, and Spirit Airlines.

SUMMARY TABLE OF TRAVEL PLANNING CHARACTERISTICS

2011 2012 2013 2014 2015 Proportion of visitors who traveled to Las Vegas by ground 56% 57% 58% 58% 57% TRANSPORTATION transportation (automobile/bus/RV) RTC Transit is a public transportation system providing bus service Proportion of visitors who traveled to Las Vegas by air 44% 43% 42% 42% 43% throughout Las Vegas, Henderson, North Las Vegas and other areas Source: Las Vegas Convention and Visitors Authority of the valley. A bus rapid-transit link in Las Vegas called the Strip & Downtown Express (previously ACE Gold Line) with limited stops and frequent service was launched in March 2010, and connects downtown Las Vegas, the Strip and the Las Vegas Convention Center.

Interstates 15, 515, and US 95 lead out of the city in four directions. Two major freeways – Interstate 15 and Interstate 515/U.S. Route 95 – cross in downtown Las Vegas. I-15 connects Las Vegas to Los Angeles, and heads northeast to and beyond Salt Lake City. I-515 goes southeast to Henderson, beyond which US 93 continues over the Mike O'Callaghan–Pat Tillman Memorial Bridge towards Phoenix, Arizona. US 95 connects the city to northwestern Nevada, including Carson City and Reno. US 93 splits from I-15 northeast of Las Vegas and goes north through the eastern part of the state, serving Ely and Wells. A partial beltway has been built, consisting of Interstate 215 on the south and Clark County 215 on the west and north.

2016 Average Daily Traffic: Average I-15 at Visitor Volume All major highways NV/CA Border 43MM 115,229 45,329

Source: Las Vegas Convention and Visitors Authority

CONVENTIONS 5 Largest Conventions Held in Las Vegas Annually

In 2016, over 6.3 million convention and trade show delegates traveled to Las Vegas, Consumer Electronics Show (CES) generating over $9 billion in non-gaming revenue. Las Vegas hosted more than 21,800 CES in 2016 runs from January 6-9 and will occupy 2.4 million meetings and conventions in 2016. SF by 3,600 companies.

National Finals Rodeo (NFR) Las Vegas has also been the No. 1 domestic convention location for two decades. The NFR is a very popular event, made possible through professional ranking comes from the Trade Show News Network (TSNN), which released its list of conference planners, brings more than 175,000 spectators from the top 250 trade shows in the United States. Las Vegas hosted 57 of the largest shows, all over the world to Las Vegas. more than the next two competitors combined. Men’s Apparel Guild of California (MAGIC) MAGIC picks February in Las Vegas to offer a preview the season’s fashion offerings to more than 85,000 attendees.

Convention Convention Center Annual Convention Conventions World of Concrete Location Expansion Budget Attendees Per Year The World of Concrete features more than 18,000 companies welcoming more than 60,000 attendees to town to showcase 1ST $1.4B 6.3MM 21,864 the newest in commercial construction innovations. National Association of Broadcasters (NAB) NAB is the world’s largest event covering filmed entertainment along with the development, management Source: Las Vegas Convention and Visitors Authority and delivery of content across all mediums. 2016 brought more than 100,000 attendees to Las Vegas.

Source: International School of Hospitality

PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding of commercial real estate management. We methodically approach each assignment with customized management strategies that meet the client’s needs, We provide a host of services to our clients that include maintain the property’s physical plant, and effectively service tenants. Property Management and Capital Markets. We know our priority is to cooperate with our tenants by working intelligently to reduce expenses and to serve our owner-clients by identifying creative ways to drive income. We provide for accountability in every step we take, from management to accounting. Logic Property Management will pinpoint a client’s goals and objectives, meet challenges, and achieve expected results from your investment.

Contact: LAUREN VANISKI Director of Property Management 702.954.4106 [email protected]

CAPITAL MARKETS LOGIC Capital Markets is a preferred funding source for investors, developers and operators of commercial real estate. Our loan brokerage service & origination platform provide our clients access to the market’s wide range of competitive products for all property types.

Through our relationships which include banks, conduits, life companies, mortgage funds, and hard money lenders, we are able to offer debt and equity financing for the purpose of acquisition, development, refinance, buyouts, and more.

Contact: JEFF MAHONEY 702.954.4131 [email protected]