NEW 10 YEAR TERM - LoopNet › d2 › FmjXn5-mEc79WqbO4KEa6sjFSfDjSt… · 0 out ones ouleard as eas N 1 OFFERING MEMORNDUM Price Reduction NEW 10 YEAR TERM Offered by: Jarrad Katz, - [PDF Document] (2024)

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Price

    Redu

    ction

    NEW 10 YEAR TERM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    This package is provided to you by MDL Group and is intendedsolely for your limited use and benefit in determining whether youdesire to express further interest in purchasing the propertydescribed in the attached documentation (the “Property”). Theproviding of “this package” to you and your use thereof isconditioned upon your agreement to the terms set forth below.

    This package contains selected information pertaining to theProperty. It does not purport to be a representation of the stateof affairs of the current owner, nor should it be con-strued tocontain all or part of the information which prospective investorswould deem necessary to evaluate the Property for purchase. Anyfinancial projections and information provided are for generalreference purposes only, are based on assumptions relating to thegeneral economy, market conditions, competition and other factorsbeyond the control of the current owner and MDL Group. Allprojections, assumptions and other information provided are madeherein are subject to material variation. MDL Group has notinde-pendently investigated the accuracy of the information withinthe package, as such information was obtained by the owner and/orpublic records. Additional information and an opportunity toinspect the Property will be made available to interested andqualified prospective purchasers.

    Neither the owner, MDL Group, nor any of their respectivedirectors, officers, agents, affiliates or representatives make anyrepresentation or warranty, expressed or implied, as to theaccuracy or completeness of the information contained within thispackage or any supplemental information provided after the deliveryof this package to you, and no legal commitment or obligation shallarise by reason of your receipt of this package or use of itscontents. Please also refer to the disclaimer at the bottom of eachpage of this package, which disclaimer is incorporated herein byreference.

    You should understand and be advised that the owner of theProperty expressly reserves the right, at their sole discretion, toreject any or all expressions of interest or offers to purchase theProperty, and/or to terminate discussions with you or any otherparty at any time with or without notice which may arise as aresult of this package. The owner shall have no legal commitment orobligation to you or any other party reviewing this package, norshall the owner be required to accept an offer to purchase theProperty unless and until written agreement(s) for the purchase ofthe Property have been fully executed, delivered and approved bythe Owner and any conditions to the Owner’s obligation therein havebeen satisfied or waived.

    By receipt of “this package”, you agree that the package and itscontents are of a confidential nature, that you will hold and treatit in the strictest confidence and that you will not disclose thepackage or any of its contents to any other entity without theprior written authorization of owner. You also agree that you willnot use the package or any of its contents in any mannerdetrimental to the interest of the owner or MDL Group.

    This package describes certain documents including leases andother materials, which documents are described in summary formonly. These summaries do not purport to be complete nor necessarilyaccurate descriptions of the full agreements referenced. Interestedparties are expected and advised to review all such summaries andother documents of whatever nature independently with legalcounsel, tax and other professionals of their choice who have theexpertise to assist in investigating this information in detail.You are therefore advised not to rely solely on the package as partof your investigations on this Property. If you have no interest infurther pursuing this Property, please return this package to MDLGroup.

    Disclaimer

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    INVESTMENT OVERVIEWLOCATION 3065 South Jones Boulevard, LasVegas, NV 89146

    PARCEL NUMBER 163-11-708-016

    INTERSECTION Jones Boulevard & Desert Inn Road

    SQUARE FOOTAGE ±18,962

    TENANT Fair, Anderson & Langerman

    PURCHASE PRICE $4,750,000.00 ($250.50 PSF) $4,385,000 ($231.25PSF)

    CAP RATE 6.9%

    NOI $296,964.00 (increases to $302,903.28 January 1, 2020)

    LEASE RATE $1.3051 PSF NNN Monthly (increases to $1.3312January1, 2020)

    LEASE TERMS 10+ Years

    LEASE TYPE *NN

    RENTAL ESCALATIONS 2%

    OWNERSHIP Fee simple

    YEAR BUILT 2002 - fully renovated 2018

    LOT SIZE ±1.02 Acres

    COMMENCEMENT January 1, 2002, expanded into entire buildingSeptember 1, 2018

    EXPIRATION December 31, 2029

    OPTIONS TO RENEW 3-5 Year

    YEAR CAP RATEJanuary 1, 2020 6.91%

    January 1, 2021 7.05%

    January 1, 2022 7.19%

    January 1, 2023 7.33%

    January 1, 2024 7.48%

    January 1, 2025 7.63%

    January 1, 2026 7.78%

    January 1, 2027 7.93%

    January 1, 2028 8.09%

    January 1, 2029 8.26%

    *Modified NN Leased: Landlord is responsible for roof repairsabove $1,500.00 per annum, roof replacement, structural componentsof the building and there shall be no reimbursem*nt in the CAM forproperty management.

    FAL has occupied the building since 2002. They recently renewedfor 10 years, and completely renovated the entire build-ingspending approximately $500,000 on Tenant Improvements.

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    PROPERTY DESCRIPTION AREA DESCRIPTION

    FAL Corporate Center is truly a one-of-a-kind professionaloffice building in the Las Vegas Market. The building is two (2)stories and includes a subterranean lower lev-el. It was built in2002 with major interiors renovation completed in 2018, as well as,exterior upgrades including new multi-toned paint, reslurry-coatand striping parking lot.

    Level one and level two include well-appointed professionaloffice space incorpo-rating flexible work environments includingopen offices, breakout rooms, private offices, large and smallconference rooms, breakrooms and kitchenette/coffee bars on eachlevel. The lower level includes a large meeting/training room, fullkitchen and breakroom, men’s and women’s restrooms and additionaloffice or storage space.

    DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

    POPULATION ±12,900 ±188,971 ±445,359

    HOUSEHOLD INCOME $76,611 $60,620 $63,470

    *Source by STDB 2018

    TRAFFIC COUNTS ±31,000 cars per day via Jones Boulevard

    *Source by STDB 2018

    Being situated on Jones Boulevard just north of Desert Inn Roadand Sahara Ave-nue, FAL Corporate Center is within a mature areawithin the Las Vegas valley. It is surrounded in close proximity byabundant amenities including housing, banking, restaurants, andother service retailers. This site was selected as a build-to-suitby FAL because it is equal distance from the I-95, I-215 and I-15freeways giving the Tenant and Clients easy access to and from anylocation in town.

    The property is located in the West Las Vegas Office Submarketwhich has a total inventory of 7,933,000 square feet in 551buildings. The West Office Submarket is posting a vacancy on parwith the overall Office Market close to 12% at the end of theSecond Quarter 2018. Average asking rents in the West OfficeSubmarket are $17.97 per square foot annually (or $1.49 per squarefoot monthly) on a gross basis. *Market data sourced by CoStar.

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    FLOOR PLAN

    *Drawings and plans are not to scale. Any measurements areapproximate and are for illustrative purposes only. There is noguarantee, warranty or representation as to the accuracy orcompleteness of any plans or designs.

    PROPERTY DETAILS:FIRST FLOOR SF: ±7,586

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    FLOOR PLAN

    *Drawings and plans are not to scale. Any measurements areapproximate and are for illustrative purposes only. There is noguarantee, warranty or representation as to the accuracy orcompleteness of any plans or designs.

    PROPERTY DETAILS:SECOND FLOOR SF: ±7,081

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    FLOOR PLAN

    PROPERTY DETAILS:BAsem*nT SF: ±4,295

    *Drawings and plans are not to scale. Any measurements areapproximate and are for illustrative purposes only. There is noguarantee, warranty or representation as to the accuracy orcompleteness of any plans or designs.

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    LOBBY 1RST FLOOROFFICE CUBICLES -1ST FLOOR

    CONFERENCE ROOM - 2ND FLOORBAsem*nT

    PROPERTY PHOTOGRAPHS

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    Serving Southern Nevada for more than 30 years, Fair, Anderson& Langerman has the experience, resources and smart thinking ofa large national firm, partnered with the cost-effective solutions,passion and character of a small accounting firm.

    Fair, Anderson & Langerman is a full service firmspecializing in high-level tax strategy, tax preparation,accounting, auditing and strategic business advisem*nt.

    Our clients’ respective industries cover a broad range. Fromcommercial real estate developers, well established constructioncompanies, food and beverage industries and entrepreneurialbusinesses, the common thread between these businesses andindustries is that they all turn to Fair, Anderson & Langermanfor our expertise and high-level strategy and business advisem*nt.We strongly believe that the true value in engaging Fair, Anderson& Langerman is beyond the paperwork of the tax return. Withmore than 30 employees, Fair, Anderson & Langerman believesthere is more to life than just crunching numbers. We offer a fun,rewarding and challenging company culture that has awarded us “BestAccounting Firms to Work For” by Accounting Today for 2015, 2016,2017 and 2018. For more information visithttps://www.falcpa.com/

    TENANT PROFILE

    https://www.falcpa.com/

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    ACCOUNTING & AUDITING

    Audited financial statements—the heart of FAL’s as-suranceservices—have added benefits for clients far beyond their immediatecompliance function. They bring reliability to the Company’s ownersand provide a foundation for future planning. They provide insightso you can improve your business processes.

    TAX CONSULTING AND COMPLIANCE

    Effective tax advice and planning can give your busi-ness acompetitive advantage. Fair, Anderson & Lan-german (FAL) offersa range of tax services that are designed to offer clientsinnovative tax planning strat-egies that create value.

    BUSINESS ADVISORY SERVICES

    FAL offers its clients management and business con-sulting,including meeting and retreat facilitation, third partyorganization assessments, strategic planning and organizationaltroubleshooting.

    TENANT AREA OF EXPERTISE

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    AERIAL MAP

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    SUBMARKET MAP

    SITE

    Desert Inn Rd.

    Sahara Ave.

    Jone

    s Bl

    vd.

    Rain

    bow

    Blvd

    .

    Jone

    s Bl

    vd.

    US-95 Freeway

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    LOCATION OVERVIEW GAMING & TOURISM

    With the star power of Las Vegas and the diversity of naturalsettings, Hospitality and Tourism is the state’s iconicconsumption-oriented industry and a major economic engine thatcreates tens of thousands of jobs for Nevadans.

    Given its leadership, Nevada is focused on leveraging itsintellectual capital in hospi-tality, tourism and related leisureservices to diversify the traditionally service-oriented industryinto higher-value and innovative activities that would createhigher-skill and higher-paying jobs, expand the state’s exports,and even open up new opportunities for IT-based activities.

    The Southern Region of Nevada includes the cities of Las Vegas,Henderson, North Las Vegas, Mesquite, Boulder City, and theunincorporated parts of Clark County. Over 2 million people live inthe metropolitan area, making it, by far, the largest popula-tioncenter in Nevada. Though the Las Vegas metropolitan area is knownprimarily for tourism, our economy is diverse and employs manypeople in the healthcare, defense, IT and manufacturingsectors.

    Las Vegas is one of the most famous tourist destinations in theworld, but in recent years it has also become one of the topbusiness destinations in the world. Four Fortune 500 companies areheadquartered in Las Vegas, and many more global com-panies dobusiness in Southern Nevada. Over six million people a year come toLas Vegas for conventions. Those six million people representnearly all of the Fortune 500, and thousands of other globalcompanies. Because of conventions, Las Vegas has become a globalmarketplace, where deals get made and ideas are born.

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    ADVANTAGES OF DOING BUSINESS IN NEVADA

    LAS VEGAS KEY INDUSTRIES

    • 40 million people visit Nevada each year and is the #1 foreconomic development programs in terms of job creation, retentionand training

    • McCarran Airport is the nation’s 7th busiest airport• #1 fornew business launches• Consistently one of the “Top 10” mostbusiness-friendly states• NO corporate or personal income tax • NOinventory tax• NO franchise tax• NO unitary tax• NO specialintangible tax• Able and willing workforce in right-to-work-state•#2 for small business survival

    • Tourism, Gaming and Hospitality• Aerospace & Defense•Heath & Medical Services• Information Technology• Manufacturing& Logistics• Mining• Natural Resource Technologies -Agriculture - Energy - Water

    *Source by www.diversifynevada.com

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    A NON INCOME TAX STATES MAP

    TX

    CA

    ORID

    IA

    lL

    AK

    LA

    MTMN

    MO

    MS AL

    WIMI

    INOH

    KY

    SC

    GA

    NC

    VAWV

    PADC

    MDDE

    NY

    NJ

    ME

    VT

    CT RIMA

    UT

    AZNM

    CO

    NE

    KS

    OK

    ND

    WY SD

    FL

    TN

    WA

    NV

    HI

    AK

    NH

    A NON INCOME TAX STATES

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    LAS VEGAS STADIUM

    MSG SPHERE

    LAS VEGAS CONVENTION CENTERThe Oakland Raiders received theNFL’s approval to move to Sin City for the 2020 NFL season. LasVegas has proposed a new $1.9 billion stadium just to the west tothe strip. The venue’s horse-shoe shape designed by ManicaArchitecture, would accommodate an audience of 65,000 spectators,8,000 cars, tailgating amenities and mixed-use commercialfacilities. Along with the economic benefits of in season games,this venue would also allow Las Vegas to host the annual Super Bowl- which would bring hundreds of millions of dollars in tourism andrevenue.

    Work has begun on the massive, 18,000-seat MSG Sphere at TheVenetian in Las Vegas. The new venue is set to change liveperformance in Sin City as we know it, not to mention the famousskyline. This spherical struc-ture will be the first of its kind.The MSG Sphere will fea-ture fully programmable, high-tech videoscreens on the interior and exterior. Plus, top-notch soundcapabilities featuring vibrations from a infrasound haptic floorsys-tem. The MSG Sphere facility is on pace to open in the 2021fiscal year (July 1, 2020-June 30, 2021).

    Las Vegas Convention Center (2017-2024) – A $1.4-billion projectthat extends to the Strip and will include 600,000 square feet ofexhibit hall, outdoor exhibition space and a complete renovation ofthe existing con-vention space. This expansion will allow for anoverflow area for conventions to use while the remaining halls ofthe main convention center are renovated. Thus, refreshing thebeating heart of the Las Vegas valley. With 6 million plusconvention attendees visiting us last year.

    VEGAS OVERVIEW

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    LAS VEGAS GOLDEN KNIGHTS

    LAS VEGAS LIGHTS FC

    LAS VEGAS AVIATORS

    LAS VEGAS BALLPARK

    Las Vegas Lights FC is an American professional soccer teambased in Las Vegas, Nevada. The team made its debut in the UnitedSoccer League in 2018 and plays its home games at Cashman Field.The Lights are coached by Eric Wynalda and owned by BrettLashbrook, who also serves as general manager. The Lights playtheir home matches at Cashman Field, a stadium in Down-town LasVegas,it has 9,334 permanent seats and addi-tional standing roomcapacity.

    Las Vegas Aviators formerly known as the Las Vegas 51s and LasVegas Stars, are a Minor League Baseball team in the Pacific CoastLeague (PCL) and the Triple-A affiliate of the Oakland Athletics.They are located in Summerlin, Nevada.

    Las Vegas Ballpark is a baseball stadium in Summer-lin, Nevadain the Las Vegas Valley. It is the home field for the Las VegasAviators of the Triple-A Pacific Coast League. The stadium is ownedby the Howard Hughes Corporation. Las Vegas Ballpark is located inDowntown Summerlin near the intersection of South Pavilion CenterDrive and Summerlin Center Drive next to City National Arena andacross the street from the Downtown Sum-merlin shopping center.

    The Vegas Golden Knights are a professional ice hockey teambased in the Las Vegas metropolitan area that competes in theNational Hockey League (NHL). They are members of the PacificDivision of the league’s Western Conference, and began play in the2017–18 NHL season. The team’s inaugural home game was played onOctober 10, 2017. The Golden Knights said their colors steel grey,gold, red and black reflect the community and the focus of theteam. The grey represents strength and durability; Nevada is thelargest producer of gold in the United States; the red is takenfrom the Las Vegas skyline, desert and Red Rock canyons; and theblack represents power and intensity.

    VEGAS OVERVIEW

  • 3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERINGMEMORANDUM

    Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    POPULATION

    NEVADA POPULATION The earliest visitors to the Las Vegas weremigrant Paleo-Indians, who travelled here 10,000 years prior,abandoning petroglyphs. Anasazi and Paiute tribes took after noless than 2,000 years back. Las Vegas was established as a city inthe year 1905, when 110 acres of land area adjoining the UnionPacific Railroad tracks were unloaded in what might turn into thedowntown territory. In the year 1911, Las Vegas was joined as acity.

    The landlocked state of Nevada is situated toward the westernedge of the United States. It covers a vast area of 110,567 squaremiles which makes it the seventh largest state in the country interms of sheer land mass. According to the latest estimates fromthe Census Bureau, the population of Nevada is 2,890,845.

    The current population for Nevada in 2018 is estimated at 3.06million which is a sizeable increase from its 2.7 millionpopulation at the 2010 Census. Nevada currently has one of thestrongest growth rates in the country, reflecting a 7.05%population between 2010 and 2015, which ranks 6th in thenation.

    *Source:http://worldpopulationreview.com/states/nevada-population/

  • Offered by:

    Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#:[emailprotected]

    Galit KimerlingVice PresidentLic#:[emailprotected]

    Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#:B.0143643.CORP702.388.1800 [emailprotected]

    Service You Deserve. People You Trust.5960 South JonesBoulevardLas Vegas, Nevada 89118T 702.388.1800 | F702.388.1010www.mdlgroup.com

NEW 10 YEAR TERM - LoopNet › d2 › FmjXn5-mEc79WqbO4KEa6sjFSfDjSt… · 0 out ones ouleard as eas N 1 OFFERING MEMORNDUM Price Reduction NEW 10 YEAR TERM Offered by: Jarrad Katz, - [PDF Document] (2024)

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