Las Vegas Blvd/ Cactus Ave

FOR SALE

LAS VEGAS “STRIP” LAS VEGAS BLVD/ CACTUS AVE. / I-15 ±56.63 ACRES- H-1 ZONING

LAS VEGAS BLVD.

15 SITE N.A.P. ±56.63 ACRES

N.A.P.

NEW CACTUS AVE. INTERCHANGE

RESORT | MIXED-USE NWC OF CACTUS AVENUE & LAS VEGAS BOULEVARD, LAS VEGAS, NEVADA 89183 HIGH DENSITY RESIDENTIAL SITE FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

LAS VEGAS BLVD. EXCLUSIVE ADVISORS:

KEVIN HIGGINS, SIOR Executive Vice President Lic. #BS.0016109 15 SITE 1 702 369 4944 N.A.P. ±56.63 ACRES [email protected]

N.A.P. GARRETT TOFT, SIOR Senior Vice President Lic. #BS.0061824 1 702 369 4868 NEW CACTUS AVE. INTERCHANGE [email protected]

ZAC ZAHER Associate TABLE OF CONTENTS Lic. #BS.0143683 1 702 369 4877 Executive Summary 3 [email protected] Property Aerials 4 SEAN ZAHER 5 Associate Regional & Local Maps Lic. #S.0175473 Property Photos 6 1 702 369 4863 [email protected] Property Overview 7

JAKE HIGGINS Parcel Map 8 Associate 9 Lic. #S.0176473 Survey 1 702 369 4844 Clark County Regional Flood Map 10 [email protected] Comprehensive Planning Land Use Map 11 CBRE - LAS VEGAS Planned I-15 and Starr Ave. Interchange Map 12 3993 Howard Hughes Parkway, Suite 700 13 Las Vegas, NV 89169 Neighboring Properties www.cbre.com/lasvegas Las Vegas Overview 15

2 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

EXECUTIVE SUMMARY PROPERTY HIGHLIGHTS

The 56.63 contiguous acre parcel is located on the Northwest corner of Las ++Zoned H-1 (limited resort and apartment) Vegas Boulevard and the newly constructed Cactus Avenue interchange with frontage on I-15. ++Master planned landuse CT (commercial tourist) ++Potential for resort, mixed-use or high density residential development

GRANDVIEW TIMESHARES ++Newly constructed Cactus Ave. interchange

LAS VEGAS BLVD. ++Interstate 15 frontage 15 ++Las Vegas Blvd. frontage ++2nd major interchange entering Las Vegas

++Immediate access to Southern Highlands Master Plan, Anthem Country SITE Club, Seven Hills and Green Valley ±56.63 ACRES ++Current Billboard Income: ±$2,500/month

N.A.P. N.A.P. ++Property being sold with a deed restriction precluding any gaming on CACTUS AVE. entire site

TRAFFIC COUNTS

I-15 & S. of Cactus Ave. 66,000

Silverado Ranch & Las Vegas Blvd. 31,500 DEMOGRAPHICS 3 MILE 5 MILE Las Vegas Blvd. & Serene Ave. 25,000 Population 107,919 235,099 HH Income $59,260 $61,188 I-15 & S. of Blue Diamond 109,000

3 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

PROPERTY AERIALS

LOOKING NORTH LOOKING SOUTH

LAS VEGAS “STRIP” M RESORT PLANNED STARR INTERCHANGE SOUTH POINT PLANNED STARR SOUTHERN HIGHLANDS GRANDVIEW INTERSECTION LAS VEGAS BLVD. 15 15 CACTUS AVE. SITE N.A.P. N.A.P. ±56.63 ACRES SITE N.A.P. N.A.P. ±56.63 ACRES CACTUS AVE.

LAS VEGAS BLVD.

LOOKING WEST LOOKING EAST

SOUTHERN HIGHLANDS

LAS VEGAS BLVD.

N.A.P. CACTUS AVE. IEW 15 GRANDVIEW N.A.P. SITE SITE GRANDV ±56.63 ACRES ±56.63 ACRES

N.A.P.

CACTUS AVE. LAS VEGAS BLVD. 15

4 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 95

KYLE SPRING CANYON MOUNTAIN GATEWAY RANCH GRAND TETON DRIVE

SEVERENCE LANE 15 ELKHORN ROAD 215

N TENAYA N WAY 93 S

ELKHORN

LOSSE ROAD

L 95 AM

DEER SPRINGS WAY SPRINGS

L V

W CENTENNIAL PARKWAY D 604

N JONES BLVD JONES N

P E

215 C

N DECATUR BLVDDECATUR N

R O

W ANN ROAD AD

N ANN ROAD

SIM C

A SHADOW R PAINTED DESERT

M AN LOS UNION PACIFIC RR MO D WASHBURN R I

N CREEK

PRADOS STREET 5TH N O

O DR O

RANCHO A

L NELLIS AFB

W LONE MOUNTAIN ROAD

IVE N

DEL NORTEO R RE T

RANCHO E 15

ALTA MIRA CRAIG ROAD T CRAIG ROAD

573

L I

F W ALEXANDER RO AD 93

F NELLIS AFB

N RAINBOW BLVD RAINBOW N

S BUFFALO DRIVE

A D NORTH

O CCSN

MART W 599 CHEYENNE CAMPUS S DURANGO LAS VEGAS D R N LAS VEGAS BLVD I

I LUT N VE W CHEYENNE AVENUE HILLS LOSEE RD. E CHEYENNE AVENUE 574 SUN CITY LAS VEGAS HE DESERT R KIN E EVANS AVE SUNRISE HIGHLAND PALM NORTH LAS VEGAS VALLEY SHORES G VISTA FALLS AIRPORT J NELLIS BLVD R 147

SMO B KE RANCH ROAD STBELMONT E CAREY AVE

L VD EAGLE 95 E LAKE MEAD CREST 147 W LAKE MEAD BLVD N RANCHO DR E LAKE MEAD BLVD BLVD

147 N

R U

N EASTERN SUMMERLIN VEGAS DRIVE CE S E OWENS AVENUE PECOS ROAD LAMB BLVD LAMB

N HO N TPC AT LAS VEGAS T 15 NGTON AVE SUMMERLIN W WASHINGTON DRIVE MUNICIPAL E WASHI L

LY LIN PARKW N M MER AY W SU AV

OOD

TPC AT E WESTCLIFF DRIVE E BONANZA ROAD

95 CANYONS ANGEL LAS VEGAS BLVD PARK DESERT PINES ALTA DRIVE 515 93 STEWART AVENUE BADLANDS ±56.63 ACRES FOR SALE UNIVERSITY W CHARLESTON BLVD MEDICAL CENTER E CHARLESTON BLVD

O 159 H-1 ZONING W FREM

CCSN V A

N CHARLESTON

C CAMPUS L

E LAS VEGAS, NV 89183

PECCOLE E T N Y S

607 T DESERT LAS VEGAS BLVD.T / CACTUS AVE. / I-15

CANYON

E RANCH 595 E ST LOUIS AVE I

R E ROSE

D GATE

95 W L SAHARA AVE

R O R

S O V

215 589 FELII

E A

B E SAHARA AVE

D UFFALO UFFALO

VEGAS VALLEY D Z RIVE

N S

THE LAKES ROAD T

S SPRING J L LAS VEGAS

KYLE O H MOUNTAIN “THE STRIP” 612 CANYON N

REGIONAL MAP D LOCAL MAP ROYAL OL

RANCH E

GATEWAY RIVE CC GRAND TETON DRIVE S E DESERT INN ROAD

B LINKS L

L NDUSTRIA I Y

W DESERT INN ROAD V SPRING MOUNTAIN RD W SEVERENCE LANE D WYNN BOULEVARD

S RAINBOW BLVD S RAINBOW 15 OO ELKHORN ROAD 215

N TENAYA N WAY 93 S

ELKHORN MALL

LOSSE ROAD L

DEER SPRINGS WAY 95 AM

SPRINGS D

B 604 STALLION L

V 95 B W CENTENNIAL PARKWAY D L FLAM604INGO ROAD MOUNTAIN V

BEAR’SN FLAMINGO ROAD

N JONES BLVD JONES N

P D E

N DECATU N

C 502 215 PARADISE RD

HUALAPAI W HUALAPAI O

N DECATUR BLVDDECATUR N REFLECTION BEST S

R DESERT O

W ANN ROAD AD SPRINGS

N ANN ROAD

D L

SIM C

U HOSPITAL

A SHADOW SPRING R PAINTED DESERT SIENA M AN LOS UNION PACIFIC RR MO EAST D WASHBURN R I UNLV

N CREEK

PRADOS STREET 5TH N O

O DR O

RANCHO A VALLEY 582

L NELLIS AFB

W LONE MOUNTAIN ROAD

IVE N

DEL NORTEO

R R BLVD

T TROPICANA AVENUE RE E LAS VEGAS MARYL RANCHO 15 Y TROPICANA AVENUE

E ALTA MIRA CRAIG ROAD T SUNRISECRAIG ROAD 593 B 573 S

C O

L S I

F W ALEXANDER RO AD 93 A U

F COLONY NELLIS AFB

N RAINBOW BLVD RAINBOW N S BUFFALO DRIVE

SPANISH TRAIL N L H A

D DER B D NORTH

HACIENDA AVE D R V

O CCSN H O

MART

W 599 CHEYENNE A

CAMPUS I A S DURANGO LAS VEGAS L

D L D

N LAS VEGAS BLVD SPRING L HW IV R R I

N LUT N I L VE W CHEYENNE AVENUE HILLS LOSEE RD. B R

E CHEYENNE AVENUE K VALLEY E

E THE E

O 574 W

Y 15 N

HE HOSPITAL E RUSSELL ROA Y

D A

SUN CITY LAS VEGAS T

R KIN D P

DESERT E EVANS AVE SUNRISE Y B

PALM A

S D I HIGHLAND F FALLS

NORTH LAS VEGAS O E

R L

BUFFALO DRIVE L ORT B SHORES G VISTA EL

VALLEY RUSS W

J FALLS AIRPORT AD W C NELLIS BLVD R

147 MC CARRAN D

UR SMO B O

KE RANCH ROAD STBELMONT E CAREY AVE BALI

R LAKE MEAD O

EAGLE A A

95 E INT’L AIRPORT O P

N RANCHO DR A W L E LAKE MEAD BLVD PACHE ROAD D AKE MEAD BLVD BLVD A

CREST 147 N 595 HAI EA

N N

D M 147 D E G TUSCANY K B LA

R E

U O O

N EASTERN SUMMERLIN VEGAS DRIVE CE S E OWENS AVENUE WHITNEY PECOS ROAD LAMB BLVD LAMB

N HO N D TPC AT LAS VEGAS T E SUNSET ROAD 15 NGTON AVE R WASHI L SUMMERLIN W WASHINGTON DRIVE MUNICIPAL E SUNSET ROAD S PEC LY W RANCH LIN PARKW N M MER AY W SU AV

SOUTHERNOOD N TPC AT E TOWN

WESTCLIFF DRIVE E BONANZA ROAD HILLS HOSPITAL ST 95 BLVD SUNSET CANYONS ANGEL LAS VEGAS

PARK DESERT PINES OS D RT AVEN SQUARE E E SUNSET ROA ALTA DRIVE STEWA UE 215 515 93 PARK P BADLANDS UNIVERSITY HA MEDICAL CENTER W CHARLESTON BLVD E CHARLESTON BLVD RO V T 564

ST. ROSE NIE O 159

W ARBY AVE A W FREM N CCSN V

A SAN MARTIN WILDHORSE

N CHARLESTON L

ON A

C CAMPUS L

E PECCOLE E T HOSPITAL E

EASTGATE RD

R S S EASTERN AVENUE N Y S 607 T DESERT D

T CANYON OAD

V S R

G V R

W WARM SPRIN T E 595 93

RANCH E ST LOUIS AVE I R E

O ACETRACK ROAD

ROSE E

REET

W WARM SPRINGS ROAD

D GATE

W L R Y SAHARA AVE

R O R

O GRANDE BLVD GRANDE O

I D

S O V

215 589

FELII UPRR

E A

E SAHARA AVE E

UFFALO UFFALO RICH

VEGAS VALLEY D Z RIVE D ARDSI VO N S EN DR THE LAKES ROAD T

GREEN S R

J CORONADO L LAS VEGAS

O H

“THE STRIP” 612 CE

N NEVADA

D ROYAL 515 OL

RIVE CC S B E DESERT INN ROAD

LINKS NT L

L RANCH INDUSTRIA Y

W DESERT INN ROAD V SPRING MOUNTAIN RD

D TRAILS 582 BOULEVARD RR PACIFIC UNION VALLEY ER WYNN

S RAINBOW BLVD S RAINBOW OO GIBSON Rd.

MALL BLVD S RAINBOW WINDM ILL LANE AMERICANI CPA DCRIF

D D

STALLIONRHODES WINDMILL LN ST. ROSE S 604 T 95 B 95 L DOMINICAN BEAR’S FLAM INGO ROAD FLAMINGO ROAD MOUNTAIN V D

502 DECATU N HOSPITAL PARADISE RD HUALAPAI W HUALAPAI REFLECTION BEST DESERT RANCH BURKH

SPRINGS S HOSPITAL L OLD SIENA SPRING UNLV EAST LAS OUTH ER WAM AVE S BLVD VALLEY 582 W WIG W

R BLVD A TROPICANA AVENUE LAS VEGAS LEGACY MARYL

Y TROPICANA AVENUE E A S DECATU V SUNRISE 593 B AN T

S O DR MARTIN DEAN E

S W R COLONY A U AN A SPANISH TRAIL N L 607 GE S D DER B E PEB HACIENDA AVE D R BLE ROAD V T H O N

PA A I A EN L

L D

SPRING L HW IV

R L

R V

K S VALLEY E E THE E T O

W HENDERSON Y N 15 B HOSPITAL E RUSSELL ROA Y W

D A

EGAS BLVD D P

E B

S D A I F FALLS

O E L

R PA

BUFFALO DRIVE L ORT EL B

V W

RUSS RM MARYLAND MARYLAND AD W C

MC CARRAN D R

UR S M

BALI O

A O P C

INT’L AIRPORT AD B A

PACHE ROAD D N 595 HAI A EA O 215 G R UD

D M IF

D E G 160 TUSCANYE DIAMK OND LVD BLU E LA AG O O WHITNEY R RIDGE PKWY ON IC AVE D Z

E SUNSET ROAD E I

R A

R I

W SUNSET ROAD S PEC RANCH S E O C

SOUTHERN FO BLACK

N N

TOWN RD WA

HILLS HOSPITAL S JONES BLV H SUNSET ST

OS D V 215 SQUARE E E SUNSET ROA W

PARK P RT

Y HA SOUTHFORK

MOUNTAIN

V PARKWAY

564 L

ST. ROSE NIE

D GOMER ROA W ARBY AVE A SAN MARTIN WILDHORSE N A L

A L L A

HOSPITAL E P EASTGATE RD R S S EASTERN AVENUE W SILVERADO RANCH BLVD

S ROAD E G V R

W WARM SPRIN T 93 AC

O ACETRACK ROAD E

WARM SPRINGS ROAD REET

R Y Y O GRANDE BLVD GRANDE O

UPRR D

HE RICH D ARD

GREEN SIVOEN DR P

CORONADO S

D DRAGON RIDGE A

NEVADA 515 CE

NT CCSN

B RANCH R

R PKWYMOUNTAINS EDGE

TRAILS 582 D UNION PACIFIC RR PACIFIC UNION VALLEY ER

U GIBSON Rd. K HENDERSON CAMPUS

S RAINBOW BLVD S RAINBOW 515

WINDM ILL LANE AMERICANI CPA DCRIF

RHODES WINDMILL LN S

ST. ROSE W T 95 FFAL SOUTHERN DOMINICAN ST. ROSE

RANCH HOSPITAL BURKH DOMINICAN HOSPITAL A

S DEL WEBB

OLD OUTH LAS OUTH ER Y WAM AVE S BLVD SIENA CAMPUS W WIG W HIGHLANDS LEGACY E A S DECATU SUBJECT VAN T O W CACTUS AVE DEAN MARTIN DR MARTIN DEAN E MACDONALD RANCH

W ER W CACTUS AV GREENWAY RD 607 AGE SUN CITY S E PEBBLE ROAD SILVERADO COLLEGE DR N T EN DRIV

V HENDERSONST 146 MISSION D

B R

EGAS BLVD E

RM MARYLAND MARYLAND

R S M

C AD B WEST O 215 G RANCH R UD IF

160 E DIAMOND LVD BLU AG R RIDGE PKWY SUNRIDGE ON IC AVE y Z E

E I A

R I S E

O C a

FO BLACK

RD WA S JONES BLV H

V W w RT CANYON

SOUTHFORK MOUNTAIN Y

PARKWAY L

D GOMER ROA

A H L SHINNECOCK IL P W SILVERADO RANCH BLVD L E E S A AC V ark

Y S

P O E PARADISE HILLS DR S

D DRAGON RIDGE P A

CCSN U B R

R PKWYMOUNTAINS EDGE D e

K 515 HENDERSON CAMPUS T s MACDONALD W FFAL SOUTHERN ST. ROSE H

DOMINICAN HOSPITAL A DEL WEBB o

HIGHLANDS SIENA CAMPUS Y E R O O W CACTUS AVE MACDONALD RANCH R E W CACTUS AV SUN CITY GREENWAY RD SILVERADO COLLEGE DR N t DRIV SUBJECT 146 MISSION DR HIGHLANDS WEST H S S RANCH y SUNRIDGE I E E a G w H V CANYON 604 E SEVEN HILLS K HIL SHINNECOC LS VAE ark L N SO P E PARADISE HILLS DR A HENDERSON U e T s MACDONALD N H H E o R R D N t HIGHLANDS IL H S S S I E L G V EXECUTIVE RIO SECCO H L 604 E SEVEN HILLS P S R A HENDERSONN D

N H A

D I L R S L

EXECUTIVE RIO SECCO

P S DR K

A AIRPORT R

K AIRPORT

A A Y

ANTHEM Y ANTHEM VOLUNTEER BLVD REVERE DEL WEBB’S 15 ANTHEM VOLUNTEER BLVD REVERE

A KW AN AR DEL WEBB’S THYEM P 15 ANTHEM

Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 WA 5 A RK NTHYEM PA FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

PROPERTY PHOTOS

LAS VEGAS BLVD. & CACTUS AVE. INTERSECTION I-15 & CACTUS AVE. INTERCHANGE

GRANDVIEW TIMESHARES LOOKING NORTH MULTI-FAMILY LOOKING EAST

6 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

PROPERTY OVERVIEW

Location: East of I-15, West of Las Vegas Blvd., South of Frias Ave., North of Cactus Ave.

Size: ±56.63 Acres

Price: $40,000,000.00

Regional Infrastructure: Cactus Ave. Interchange - Completed 2014

H-1, Limited Resort & Apartment Zoning: Established to provide for the development of gaming enterprises, compatible commercial, and mixed commercial and residential uses, and to prohibit the development of incompatible uses that are detrimental to gaming enterprises.

CT, Commercial Tourist The Commercial Tourist category designates areas for commercial establishments that primarily cater to tourists. The predominant land uses include casinos, Master Plan: resorts, hotels, motels (greater than 3 stories), recreational vehicle parks, time shared condominiums, amusement or theme parks. Planned hotel/resort gaming establishments are restricted to the Gaming Enterprise Overlay District as defined by itleT 30 (Unified Development Code). ublicP facility uses are also allowed in this category.

Taxes: $98,774.05 (Fiscal Tax Year 2013 - 2014)

Water: 20” line in Las Vegas Blvd., 24” line in Cactus Ave. Utilities: Sewer: Runs under Cactus Ave. thru I-15 (To Be Verified) Gas: 4” line at Cactus ave. & Las Vegas Blvd. Power: NV Energy

Municipality: Clark County

177-29-801-001, 177-29-801-002, 177-29-801-004, 177-29-801-005, 177-29-801-006, 177-29-801-007, 177-29-801-009, 177-29-801-010, 177- APN’s: 29-801-011, 177-29-801-012, 177-29-801-014, 177-29-801-015, 177-29-801-016, 177-29-801-017, 177-29-801-018, 177-29-801-020, 177-29- 801-022, 177-29-801-023, 177-29-801-024, & 177-29-801-025

7 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 This map is for assessment use only and does NOT represent a survey. ASSESSOR'S PARCELS - CLARK CO., NV. SEC. MAP

BOOK T22S R61E 29 S 2 SE 4 177-29-8 Michele W. Shafe - Assessor ±56.63 ACRES FOR SALE 164 163 162 161 No liability is assumed for the accuracy of the data deliniated herein. 8 4 8 4 PARCEL BOUNDARY CONDOMINIUM UNIT 001 ROAD PARCEL NUMBER 6 5 4 3 2 1 Information on roads and other non-assessed parcels may be obtained 5 1 5 1 from the Road Document Listing in the Assessor's Office. SUB BOUNDARY AIR SPACE PCL 001 PARCEL NUMER 7 8 9 10 11 12 H-1 ZONING PM/LD BOUNDARY ACREAGE 175 178 18 17 16 15 14 13 RIGHT OF WAY PCL 1.00 176 177 6 2 ROAD EASEMENT LAS VEGAS,2 6 NV 89183 LAS VEGAS BLVD. / CACTUS AVE. / I-15 19 20 21 22 23 24 This map is compiled from official records, including surveys and deeds, MATCH / LEADER LINE SUB-SURFACE PCL 202 PARCEL SUB/SEQ NUMBER but only contains the information required for assessment. See the 30 29 28 27 26 25 7 3 7 3 HISTORIC LOT LINE PB 24-45 PLAT RECORDING NUMBER193 190 NOTES 192 191 recorded documents for more detailed legal information. 31 32 33 34 35 36 258.32 HISTORIC SUB BOUNDARY BLOCK NUMBER 8 4 8 4 USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL HISTORIC PM/LD BOUNDARY 5

330.08 MAP LEGEND 5 LOT NUMBER SECTION LINE 203 204 205 206 5 1 5 1 0 100 200 400 600 800 GL5 GOV. LOT NUMBER PT 1 Scale: 1" = 200' Rev: 7/9/2014 PARCEL MAP 2 013 R=25 R=40 260.3 732.7 811.28 007 GL160 30 30 006 014 FRIAS AVE 003 158.8 30 002 114.42 R=25

004 2.15 111.37 GL161

003 138.88 002 509.05 001 331.75 022 2.5 2.5 1.17 2.49 331.19

330.08

016 165.61

165.88 GL162 139.15

152.6 023 4.98 007 12.52 GL163 519.08 005 006 2.5 331.19 1.13 330.64 330.08 801 010

165.88 2.51 GL164 524.1 005 146.8 001 RUSH AVE 011 019

165.88 2.51 GL165

528.9 009 024 025 331.75

2.5 331.19 2.5 ENSWORTH ST 330.64 2.5

330.08 012 LAS VEGAS BLVD SOUTH 021

165.88 2.51 027 GL166

INTERSTATE ROUTE 15 1.69 533.7 N.A.P. 019 023

165.88 2.5 N.A.P. GL167 017 018 014 016 538.5 1.92 1.96 015 0.98 1.89 0.98 330.08 GL168 020 025 1.89 165.88 539.83 013 014 015

017 011 60 010 50 016 006 018 50 012 008 009 543.3 007 330.41 330.41 > 025

330.41 50

CACTUS AVE 002 20 > 134.6 009 TAX DIST 635

8 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 328.89

279.67 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

SURVEY DATED DECEMBER 31, 2012

N.A.P. N.A.P.

9 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

SURVEY DATED DECEMBER 31, 2012

LEGEND

SITE ±56.63 ACRES

10 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 Comprehensive Planning

35 36 P A 36 31 32 33 34 36 31 32 34 35 33 P T21S ID ARI RRE IES RRE ES ARIEL ILES ESID R61E LAS LAS EAS SRREL CAMER SCIRLLS SCSER ALDEAR AE RAC DESI ILESIE AIRIELD EDMD LIDELL ARILLE IE ALLE SAA MARARIA SAA LACID DECAR REDD MA CAMI EL RC RED RC MA RERS IS RC LARIS CIEEALA AC LLM DEILLE ESR IDSRIAL ERMDA SSE

T21S R60E R60E

T22S A 1 R59E T22S

MALE 03 02 01 01 06 05 04 Residential High Rise Center 04 02 Open Lands 01 06 05 03 Western Greater than 32 du/1ac AR Trails Residential Rural Office Professional CAILLA Up to 0.5 du/1ac ARM SRIS R Residential Agricultural Commercial Neighborhood CISADR LIA ARE MERS ERL EAA ELA ARR DALE RA AIER MSI EE EE LISA DRA RAD CARAD AACE R ELCASR RAI RILE RMRILL ME CRIS MESSRI SEELIER ISA IA MILLER IEER RSAA CIMARR A ALAAI CIEAI AL EL CAIA EL CAMELL Up to 1 du/1ac ELDRAD Rural Neighborhood Preservation Commercial General Up to 2 du/1ac MALDI Commercial Tourist RIDALE Rural Neighborhood 11 12 07 08 09 ±56.6310 ACRES 12 Up to 2 du/1ac Business and Design FOR SALE 11 MERL 12 07 08 09 10 Residential Low Research Park Bermuda MESA ERDE H-1 ZONING Up to 3.5 du/1ac Rhodes Eldorado Industrial SALI LAS VEGAS, NV 89183 Residential Suburban LAS VEGAS BLVD. / CACTUS AVE. / I-15 IDMILL Up to 8 du/1ac Heavy Industrial Ranch Residential Medium MISRAL From 3 du/1ac to 14 du/1ac Public Facilities Bermuda SELRE Wigwam Residential High CAMER From 8 du/1ac to 18 du/1ac Institutional IAM COMPREHENSIVE PLANNING LAND13 USE18 MAP 17 16 15 14 13 Residential Urban Center Major Development Projects 14 Lindell From 18 du/1ac to 32 du/1ac 16 15 Dean Martin CAR 13 18 17 Wigwam Buffalo Pebble RD Raven RI Comprehensive Planning Community Districts Torrey Pines ELE Torino 35 36 P A Flamingo Wash 36 31 32 33 34 Planning Area Boundaries 32 34 35 1 36 31 33 RAE 1 AAE P T21S ID ARI RRE IES RRE ES ARIEL ILES ESID R61E LAS LAS EAS SRREL CAMER SCIRLLS SCSER ALDEAR AE RAC DESI ILESIE AIRIELD EDMD LIDELL ARILLE IE ALLE SAA MARARIA SAA LACID DECAR REDD MA CAMI EL RC RED RC MA RERS IS RC LARIS CIEEALA AC LLM DEILLE ESR Blue Lace IDSRIAL ERMDA SSE AE 60 Zone T21S R60E R60E LEA

T22S A 1 R59E Agate

T22S SEREE 20 21 22 AE 65 Zone 24 19 MALE 23 24 03 02 01 01 06 05 04 Residential High Rise Center 22 23 04 02 MERA Open Lands 20 21 01 06 05 03 Western Greater than 32 du/1ac AR 19 Trails Residential Rural Office Professional AE 70 Zone 24 CAILLA RICMAR Up to 0.5 du/1ac ARM SRIS R Residential Agricultural Commercial Neighborhood CISADR LIA ARE MERS ERL EAA ELA ARR DALE RA AIER MSI EE EE LISA DRA RAD CARAD AACE R RILE ELCASR MESSRI RAI IA ISA IA RMRILL IEER ME CRIS SEELIER MILLER RSAA CIMARR A ALAAI CIEAI AL EL CAIA EL CAMELL AR Up to 1 du/1ac SECER LLC MARLAD EASER AE 75 Zone ELDRAD Rural Neighborhood Preservation CommercialSILE General RAD RAC Up to 2 du/1ac MALDI Commercial Tourist Tenaya RIDALE Rural Neighborhood 11 12 07 08 09 10 12 Up to 2 du/1ac Business and Design Gomer 11 MERL 12 07 08 09 10 Dean Martin Residential Low Research Park Bermuda MESA ERDE Up to 3.5 du/1ac LE AR Rhodes Eldorado Industrial Pyle SALI Residential Suburban IDMILL Up to 8 du/1ac Heavy Industrial Ranch Residential Medium MISRAL From 3 du/1ac to 14 du/1ac Public Facilities Bermuda LE SELRE Residential High P P 30 29 Wigwam 28 27 26 25 27 26 Valley View CAMER From 8 du/1ac to 18 du/1ac Institutional 28 25 IAM 29 13 18 17 16 15 14 13 Residential Urban Center Major Development Projects 14 Lindell From 18 du/1ac to 32 du/1ac 30 16 15 Pyle Dean Martin CAR Bermuda P 25 13 18 17 Wigwam Buffalo Pebble RD Raven Pyle RI Community Districts Torrey Pines ELE Torino Flamingo Wash 1 Planning Area Boundaries RAE CACS 1 AAE Blue Lace AE 60 Zone LEA Agate P P SEREE AE 65 Zone 24 19 20 21 Bermuda22 23 24 LEI 20 21 22 23 MERA S RSEAE 70 Zone 24 19 RICMAR Erie AR SECER LLC MARLAD EASER SILERAD RAC AE 75 Zone Tenaya ERIE Gomer 33 Dean Martin32 LE AR34 35 36 35 36 31 Pyle 32 33 34 SIDDALL 31 LE P P 36 30 29 28 27 26 25 27 26 Valley View 29 28 25 CARA 25 30 Pyle Bermuda P Pyle ERRILL C L CACS SARR T22S R61E P P E Bermuda LEI T22S S RSE R60E Erie DIE L R60E ERIE L M T23S 33 34 35 R59E 35 36 31 32 EAL 36 32 33 34 SIDDALL T23S 36 31 S CARA LREA S S ERRILL C L SARR T22S ARARA E R61E S M T22S R60E DIE L R60E 04 03 05 02 L M 01 06 T23S 03R59E 02 01 EAL 05 04 T23S DESER ALM S 06 LREA 01 S S ARARA S M 04 03 02AA 01 02 01 06 05 C 06 05 04 03 DESER ALM 01 AA C C C RER RER S C S C D A D A

DALE 07 08 09 10 11 12 A N 09 10 11 12 1 12 07 08 ELMA Map Created On: January 8, 2015

LARS DALE 07 08 09 10 11 12 A N 09 10 11 12 12 07 08 Categories denoted in the legend may not apply to a particularELMA Planning Area. Map Created On: January 8, 2015 13 18 17 15 14 13 17 16 15 14 16 13 18 LARS 11 1 E Categories denoted in the legend may not apply to a particular Planning Area. 11 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 13 18 17 15 14 13 17 16 15 14 16 13 18

11 1 E FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

PLANNED STARR AVE. & I-15 INTERCHANGE

M RESORT

PLANNED STARR INTERCHANGE

PLANNED STARR SOUTHERN HIGHLANDS INTERSECTION 15

CACTUS AVE.

N.A.P. N.A.P. SITE ±56.63 ACRES

LAS VEGAS BLVD.

12 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

NEIGHBORING PROPERTIES

SOUTH POINT HOTEL CASINO SPA Located in the heart of the premiere southwest Las Vegas valley, just minutes away from the famous Las Vegas Strip. Some of the many amenities include a 16-screen Century Theatre movie complex, 64-lane bowling center and a handful of restaurants that cater to all appetites and tastes. The casino features a large selection of table games and the latest slot and video poker machines. The distinctive hotel features 2,163 spacious rooms and suites with 42-inch LED televisions, Point Plush mattresses and Wireless Fidelity throughout. A unique feature to this property is its Equestrian Center, which is the finest horse facility in the country. South Point also has a fabulous 400-seat showroom that features headliner entertainment and dancing to live bands on weekends.

THE GRANDVIEW LAS VEGAS Vacationing at The Grandview at Las Vegas Resort affords you and your family the ultimate in entertainment. Situated less than six miles from the famed Las Vegas Strip, the resort features 1,856 spacious one-and two-bedroom floor plans and offers easy access to the glitz and glamour of Las Vegas. Take in a fabulous show or court Lady Luck in one of the areas’ famous casinos. Adjacent to South Point Casino, enjoy a meal in one of the many restaurants or create an epicurean delight in your own private kitchen equipped with range, microwave convection oven, full-size refrigerator with ice maker, dishwasher, coffee maker, and toaster. Other accommodation amenities include a washer and dryer in every suite.

MANHATTAN CONDOS Manhattan is a mid-rise condo project on South Las Vegas Boulevard in the heart of the new Strip featuring 692 elegantly-stylized art deco condominiums overlooking lush parkscape and a supra-contemporary clubhouse. Sitting on the grass of Manhattan’s expansive Central Park, it’s hard to believe that you’re just minutes from the airport and from the heart of the Las Vegas Strip.

13 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

NEIGHBORING PROPERTIES

LOFT 5 Live in a luxury loft condominium at Loft 5, where the non-stop excitement of Las Vegas meets modern luxury living. Loft 5 is minutes away from the epic nightlife of the Las Vegas Strip, with world-class dining and entertainment at your beck and call. Loft 5 offers 273 fabulously appointed lofts with open floor plans, huge floor-to-ceiling glass windows and top-of-the-line features and finishes. On the outside, Loft 5 has a minimalist, industrial feel. On the inside, modern, clean lines and daring cantilevers converge to create intimate spaces of openness and light. A centerpiece courtyard is the ultimate playground, with two recreation pools, five hot tubs, a cold pool and private cabanas surrounded by ushl landscaping. The Loft 5 amenities are found throughout the courtyard, including a fitness center and lounge. Loft 5 is on the South Strip and stands 5 stories tall.

THE ONE TOWER ONE Las Vegas is a village of residential lifestyle condominiums. The 19.5-acre master plan contains both private residential towers and residential-friendly retail amenities such as a boutique hotel, 6,800-square-foot health club and spa, and multiple dining venues intermingled with additional residential towers along Las Vegas Boulevard. The private enclave of ONE Lifestyle Condominiums includes five 18- to 21-story, guard-gated residential condominium towers featuring 359 units with beautifully landscaped open space and a massive palm grove swimming pool.

LAS VEGAS PREMIUM OUTLETS SOUTH With savings of 25 to 65 percent, the 140 stores at Las Vegas Premium Outlets - South includes Adidas, Ann Taylor, Calvin Klein, DKNY, Guess, Kenneth Cole, Levi’s, Michael Kors, Nautica, Nike, Reebok, Tommy Hilfiger, True Religion, Polo Ralph Lauren, and Greg Norman Factory. This indoor/outdoor center, complete with two food courts, is located on the southern end of the Strip. The center is a short cab ride from the Strip and is served by the RTC’s Strip/Downtown Express bus route.

THE M RESORT SPA CASINO The M Resort Spa Casino Las Vegas is one of the newest Hotel - Casinos on the south end of the Las Vegas strip with award winning dining and 4 star service. The architecturally-stunning M Resort brings dining, gaming and casual elegance to the south end of the Las Vegas Strip, about 10 miles south of Mandalay Bay. The resort offers 390 guest rooms and suites, over 92,000 square feet of gaming, six restaurants and six destination bars, more than 60,000 square feet of meeting and conference space, a state-of-the-art spa and fitness center and a 100,000 square foot events piazza.

14 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

LAS VEGAS OVERVIEW

The southern Nevada economy continues to report positive growth in nearly every measure of economic performance. Overall population growth has been trending in positive territory for three years, and the number of residents is now at a historical high of 2.1 million. The economy has reported annual gains in employment for 44 consecutive months, and the unemployment rate is at levels last seen in 2008. In addition, consumers are continuing to increase spending and visitor volume is at a record high.

EMPLOYMENT/ECONOMIC GROWTH

The employment sector witnessed annual gains of 27,500 jobs (+3.2 percent) by the end of February 2015 (latest available data). The most significant growth was reported by the leisure and hospitality sector, which added 10,600 jobs in the past year. The construction sector followed with an annual gain of 5,500 positions. Other sectors witnessing substantial year-over-year employment growth included professional and business services (+4,000 jobs), retail trade (+3,800 jobs) and Resorts World education and health services (+1,700 jobs).

The gains in employment have helped drive down the unemployment rate in southern Nevada, which fell to 7.2 percent in February 2015. The latest period represents a decline of 1.4 percentage points from the rate of 8.6 percent reported a year ago. In addition, the unemployment rate has declined 7.0 percentage points from the rate of 14.2 percent reported in mid-2010. However, despite recent improvements in southern Nevada’s unemployment rate, it remains 1.4 percentage points higher than the national average of 5.8 percent.

With more people going back to work, consumer spending patterns improved overall during the past year, rising 9.3 percent in the 12 months ending January 2015 (latest available data) to a record high of $36.7 billion. The largest category, food services and drinking places, reported a gain of 4.3 percent. Other areas of increased demand include building materials, electronics and appliances, furniture, health and personal care, automobiles and miscellaneous store retailers. The improvements have helped keep the overall commercial retail vacancy rate below MGM Resorts International/AEG Arena 10.0 percent for eight quarters as some larger vacant spaces have been leased up, but vacancies remain elevated.

15 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING LAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

LAS VEGAS OVERVIEW

TOURISM

Visitor volume reached an all-time high of 41.2 million for the 12 months ending February 2015 (latest available data), yet McCarran International Airport passenger volume has yet to return to pre-recession levels. Nevertheless, over 43.0 million people passed through airport gates in the 12 months ending February 2015, which is a 2.1-percent increase from the same period of the prior year. The city-wide hotel/motel occupancy rate was 84.7 percent in February 2015, which is was down a modest 0.9 percentage point year-over-year, while average daily room rates increased 3.0 percent to $116.48.

NEW DEVELOPMENT/CONSTRUCTION

More than $10.9 billion in projects are either under construction or planned, including roughly $8.6 billion in the tourism industry. Major investments in the resort corridor include the $4.0-billion Resorts World, which is scheduled to TopGolf at MGM Grand break ground in May 2015. MGM Resorts International and AEG continue to make progress on their $375-million arena with a completion date of April 2016, while TopGolf is building a $50-million facility at MGM Grand. Additional investments on the Strip include the $66-million Mandalay Bay Convention Center expansion, the $55-million Bellagio room remodel and the $20-million MGM Resorts International Outdoor Entertainment Venue, which will host Rock in Rio in May. Non-tourism investments include the $1.2-million Union Village, more than $1.0 billion in Switch SuperNAPs and the $23-million facility for Catamaran, among others.

MORE THAN $10.9 BILLION IN PROJECTS ARE PLANNED INCLUDING $8.6 BILLION IN THE TOURISM INDUSTRY Switch SuperNAPs

16 Resort | Mixed Use | High Density Residential Site | NWC of Cactus Ave. & Las Vegas Blvd. | I-15 FOR SALE ±56.63 ACRES H-1 ZONING DISCLAIMERLAS VEGAS BLVD. / CACTUS AVE. / I-15 LAS VEGAS, NV 89183

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.

This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.

FOR MORE INFORMATION CONTACT:

KEVIN HIGGINS, SIOR GARRETT TOFT, SIOR ZAC ZAHER SEAN ZAHER JAKE HIGGINS CBRE - LAS VEGAS Executive Vice President Senior Vice President Associate Associate Associate 3993 Howard Hughes Parkway, Lic. #BS.0016109 Lic. #BS.0061824 Lic. #BS.0143683 Lic. #S.0175473 Lic. #S.0176473 Suite 700 +1 702 369 4944 +1 702 369 4868 +1 702 369 4877 +1 702 369 4863 +1 702 369 4844 Las Vegas, NV 89169 [email protected] [email protected] [email protected] [email protected] [email protected] www.cbre.com/lasvegas

© 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.