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Blue Diamond Falls Brochure

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Blue Diamond Falls Brochure BLUE DIAMOND FALLS ±90.72 CONTIGUOUS ACRES Blue Diamond Road Northwest of Highway 160 S T A T E R O U T E 1 59 PROPERTY SUMMARY Cushman & Wakefield, as exclusive advisor to the seller, is pleased to market this rare opportunity to acquire ±90.72 contiguous acres, located in the spectacular and panoramic region of Southwest Nevada and directly west of Las Vegas. It is approximately 4 to 6 miles from the existing neighborhood communities of west Las Vegas. These existing communities include Summerlin South to the north, and Mountains Edge to the east. Blue Diamond Falls is approximately 15 miles from the Las Vegas Strip, and the entire property and associated planning area is located within the boundaries of Clark County. HENDERSON EXECUTIVE AIRPORT M RESORT MCCARRAN SOUTH POINT SPA CASINO LAS VEGAS STRIP INTL. AIRPORT SILVERTON CASINO CASINO HOTEL INTERSTATE-15 BLUE DIAM ST ROSE HOSPITAL OND R OAD INTERSTATE-215 WET ‘N’ WILD SOUTHERN BISHOP GORMAN HILLS HOSPITAL HIGH SCHOOL STATE ROU T E 1 5 5 9 9 ±20 ACRES ±34.12 ACRES ±36.6 ACRES DEMOGRAPHIC HIGHLIGHTS 290,496 EMPLOYEES within a 12 mile radius 241,411 RESIDENTS DEVELOPMENT HIGHLIGHTS within a 12 mile radius Rare industrial development Currently zoned R-U (rural $89,413 AVERAGE HOUSEHOLD INCOME land site in the Southwest open land) Master Planned within a 12 mile radius Las Vegas Valley Industrial Largest prospective Scarcity of large regular 24.4% OF THE POPULATION industrial development site shaped developable parcels has some college in a 12 mile radius within Clark County restricts future supply within the Southwest submarket Utilities are in the area, to be independently verified KEY DEVELOPMENTS AND SPORTS MILLSTONES KEY DEVELOPMENTS PROJECT NEON – Project Neon is the largest public works project in THE DREW - The Drew was purchased by developer Steve Witkoff Nevada history. The $900 million project was completed in early 2019. for $600 Million and will be managed by Marriott International. It The project widened 3.7 miles of Interstate 15 between Sahara Avenue and will consist of 68 floors with four thousand rooms, a meeting space, the “Spaghetti Bowl” interchange in downtown Las Vegas and is known entertainment, nightlife retail and dining. The projected completion for being the busiest stretch of highway in Nevada with 300,000 vehicles date is late 2022. per day. THE ALL NET ARENA - The All Net Arena’s site is located on the north MSG SPHERE LAS VEGAS - Construction on the MSG Sphere Las Vegas end of the Las Vegas Strip. The $2.6 billion project will consist of began in 2018 and is slated to be completed by 2021. Located adjacent ±860,000 square feet. Which will include a 22,000-seat retractable to The Venetian Las Vegas and just off the Las Vegas Strip, the sphere- roof, a Victory Plaza shopping/dining district, and a 44-story hotel shaped venue will have a capacity of 18,000 and will feature LED screens with 500 specialty suites. inside & outside and will be equipped with 19,000 by 13,500 resolution LED screens. LAS VEGAS CONVENTION CENTER EXPANSION – The Las Vegas Convention Center District expansion, 1.4 million square feet, $860 GOOGLE DATA CENTER – Construction has begun on the $600 million, million project, is currently under construction. The convention 750,000 square foot facility is slated to open end of 2020. The data center industry accounts for 15.7% of the annual visitors to Las Vegas. will add an estimated 200 new jobs within the next 5 years and is estimated to bring more than $94.3 million in new state tax revenue over the next 20 UNION VILLAGE – Dubbed the first integrated health care village in years. the world and Inspired by 21st century medical innovation, this $1.6 billion project is situated on 228-acres, located at US-95 and Galleria RESORT WORLD – Resorts World Las Vegas is a $4 billion Asian-themed Drive in Henderson, NV. Union Village is expected to be completed resort which broke ground in May 2015. Upon their late-2020 completion in 2022 and integrates Leadership in Energy and Environmental date the resort will include 3,400 hotel rooms, 110,000 square foot casino, Design (LEED). 3,200-seat theater and 150,000 square feet of convention space. CURRENT MAJOR SPORTS MILESTONES NFL - RAIDERS STADIUM – The Raiders $1.9 billion, 65,000- seat stadium NHL - GOLDEN KNIGHTS - The Vegas Golden Knights are a professional is situated on 62-acre just north of Russell Road. The stadium will offer ice hockey team that is based in the Las Vegas metropolitan area. a glass-domed roof, state-of-the-art retractable doors and natural-grass They play all their home games at T-Mobile Arena on the Las Vegas playing field. Strip in Nevada. RAIDERS PRACTICE FACILITY – The $75 Million, 323,000 square feet SOCCER - LAS VEGAS LIGHTS - Las Vegas Lights FC is an American training facility and team Headquarters is in Henderson, NV. The facility will professional soccer team based in Las Vegas, Nevada. The team plays feature the team office, indoor and outdoor practice fields, a weight room, at Cashman Field in downtown Las Vegas. and a pool. BASKETBALL - LAS VEGAS ACES - The Las Vegas Aces WNBA is a BASEBALL - LAS VEGAS AVIATORS – The Las Vegas Aviators professional basketball team based in Las Vegas, Nevada. The team is formerly Las Vegas 51’s, are a Triple-A minor league baseball team. owned by MGM Resorts International and play out of the Mandalay Bay In early 2019, the Aviators relocated to the new $80 million, 10,000 Event Center. seat Las Vegas Ballpark in Summerlin. #1 STATEIN THE WEST With a probusiness environment, low cost of living and high quality of life, Nevada ranks as the top state to do business in the western U.S. MOST ENTREPRENEUR-FRIENDLY STATE According to a 2017 review by the nonpartisan SBE Council, Nevada ranked number one as the most friendly state for entrepreneurs. REACH 60 MILLION CUSTOMERS MOST SECURE AREA IN U.S. STRATEGICALLY According to FEMA, Southern Nevada is Located within a one day drive of 10 major U.S. the least likely region in the United States cities and Mexico. to experience a natural disaster. 2.3M $58K POPULATION AVERAGE INCOME 20,800 VPD on Blue Diamond Road 1.5M 38.8 41,000 VPD I-15 at Blue Diamond Inch. LABOR FORCE MILLION VISITORS (exit 33) INTERSTATE 29 INTERSTATE 15 Seattle INTERSTATE ND WA 90 MT INTERSTATE 94 Helena INTERSTATE 90 Portland INTERSTATE 84 SD OR INTERSTATE Boise INTERSTATE 90 ID 25 INTERSTATE TRANSIT 5 WY ANALYSIS Cheyenne NE INTERSTATE INTERSTATE 80 Salt Lake City 80 ONE DAY TRUCK SERVICE 65,221,662 PEOPLE (19.7% OF US POP) Reno Denver INTERSTATE UT 70 TWO DAY TRUCK SERVICE INTERSTATE NV CO 70 77,821,358 PEOPLE Sacramento INTERSTATE (23.5% OF US POP) 25 KS San Francisco INTERSTATE 15 Distance CA Time (est.) (mi.) INTERSTATE INTERSTATE Los Angeles, CA 266 5 hrs 20 mins 5 Las Vegas 35 Phoenix, AZ 300 5 hrs Santa Fe OK San Diego, CA 330 5 hrs INTERSTATE INTERSTATE Salt Lake City, UT 437 6 hrs 20 mins 40 40 Reno, NV 440 7 hrs INTERSTATE NM INTERSTATE San Francisco, CA 565 8 hrs 40 mins 17 AZ Los Angeles 27 Sacrsmento, CA 558 8 hrs 30 mins INTERSTATE INTERSTATE 10 Boise, ID 641 10 hrs Phoenix 25 Sante Fe, NM 643 9 hrs 30 mins San Diego INTERSTATE 8 Denver, CO 764 11 hrs 30 mins INTERSTATE 20 Cheyenne, WY 854 12 hrs 40 mins Helena, MT 918 13 hrs 30 mins Portland, OR 972 16 hrs INTERSTATE INTERSTATE TX Seattle, WA 1,141 17 hrs 40 mins 10 35 363443 LAS VEGAS BUSINESS STATS BLUE DIAMOND FALLS NEVADA IS AT THE FOREFRONT OF THE NATION WITH ONE OF THE MOST FAVORABLE TAX CLIMATES FOR BUSINESSES AND EMPLOYEES Blue Diamond Road Northwest of Highway 160 No Corporate Income Tax No Franchise Tax on Income No Admissions Tax No Inventory Tax Donna Alderson, SIOR Executive Managing Director No Personal Income Tax No inheritance Tax +1 702 605 1692 [email protected] No Unitary Tax LIC #S.0017096 Greg Tassi, SIOR Executive Managing Director STATE COMPARISONS +1 702 605 1713 [email protected] State Corporate Personal Corporate Capital Unemployment Year-over-Year LIC #S.0056472 Income Tax Income Tax Income Tax Gaines Tax Rate Job Growth NEVADA None None None 0% 4.1% 2.8% CALIFORNIA 7.76% 13.3% 8.4% 33% 4.2% 1.98% © 2020 Cushman & Wakefield. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all ARIZONA 3.52% 4.54% 4.9% 27.7% 4.8% 2.5% information. Any reliance on this information is solely at your own risk. Cushman & Wakefield and the Cushman & Wakefield logo are service marks of Cushman & Wakefield. All other marks displayed on this document are the property of their respective owners, and the 5% 5% 5% 28% 3.2% 3.4% UTAH use of such logos does not imply any affiliation with or endorsement of Cushman & Wakefield. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited..
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