2000 e. carey avenue, north las vegas, nevada 89030 · 2017. 12. 5. · north las vegas, nevada...
TRANSCRIPT
Renae E. Russo, LEED GAVice President702-968-7319
Kassidy LaneSales Manager(702) 912-4871
ANIMAL HOSPITAL2000 E. Carey Avenue,
North Las Vegas, Nevada 89030
SunCommercial Real Estate, Inc.
SunCommercial Real Estate, Inc.
Confidentiality & disClosure
SUN COMMERCIAL REAL ESTATE, INC. (the “Broker”) has been retained on an exclusive basis to market the property described herein (the “Property”). Broker has been authorized by the Seller of the Property (the “Seller”) to prepare and distribute the enclosed information (the “Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate.
The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker , nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma.
Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto.
Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information.
Renae E. Russo, LEED GA Kassidy Lane Cathy Jones, CPA, SIOR, CCIM Vice President Sales Manager CEO [email protected] [email protected] [email protected]
SunCommercial Real Estate, Inc.
Market Overview Section 2
Las Vegas Retail & Northeast Las Vegas Submarket ReviewArea Demographics
Property Summary Section 1
Property SummaryProperty PhotosAssessor Parcel MapLas Vegas Valley Location MapSurrounding Aerial Map
table of Contents
SunCommercial Real Estate, Inc.
PROPERTY HIGHLIGHTS
• Below replacement cost• Ideal for owner/user• Currently used as Veterinarian Office• Free standing single-story office • Easy Ingress and Egress• Plenty of Parking• Zoned: C2 General Commercial District• Unobstructed visibility fronting Civic Center Road• Located in high-traffic trade area with nearby retail
amenities• Doctor will consider sale of medical equipment with the
sale of the property• Owner will consider all reasonable offers
PROPERTY DESCRIPTION
The Property consists of a single-story single-tenant office building built in 1971 and totals +/- 2,077 square feet. The lot square footage is +/- 5,277 with excellent street exposure on Civic Center Drive.
ProPerty summary
THE OFFERING
Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase a single-story +/- 2,077 square foot office building. The building is perfect as a value-add investment or for an owner/user. The property offers exposure on Civic Center with easy access to I-15. The property is located at 2000 E. Carey Avenue, N. Las Vegas, NV 89030 within the North Las Vegas submarket.
PROPERTY LOCATION
The Property is located at the corner of Civic Center and Carey Avenue, having the civic address of 2000 E. Carey Avenue, North Las Vegas, NV 89030. The Property is approximately one mile southwest of the I-15 on/off ramp at Cheyenne Ave E.
Asking Price:
Building Size:
APN’s:
$207,700.00 ($100 PSF)
±2,077 SF
139-14-812-022/023
±0.48 Acres Site Size:
SUMMARY
SunCommercial Real Estate, Inc.
ProPerty Photos
SunCommercial Real Estate, Inc.
assessor ParCel maP
>
PT139-14-801-005
401
411
812
811
810
712
801
801
801
503
CA
RR
OLL
ST
STO
NE
RIV
ER
PL
SE
VE
NP
INE
SP
L
FAIR
OA
KS
PL
HA
MIL
TON
ST
ST
GE
OR
GE
ST
SA
LTLA
KE
ST
AR
RO
WH
EA
DS
T
SP
EA
RS
T
MA
GN
ET
ST
SMALL ST
CIV
ICC
EN
TER
DR
NELSON AVE
PUTNAM AVE
CARTIER AVE
MCDONALD AVE
NELSON AVE
027 028
029
005
029027024023020018
90-001
016
250255
VAC 20070919:1008
VAC
1180
:113
9953
VAC198:161203
VAC 824:662370
824:661910VAC
U S HIGHWAY NO 91-93
CIV
ICC
EN
TER
DR
BRU
CE
ST
STATE HIWAY NO 91
CAREY AVE
PB 6-25
PB 6-25
PB 1-107
PB 2-91 PB 2-86 PB 1-107
1
2
3
1
2
3
1
2
3
4
5
6
7
9
3
1
2
4
5
PT1
PT1
PT1
PT1
PT1
PT2
PT3PT3
PT2
1
PT 2
2
1
16
17
1819
20
21
4
5
6
7
8
7
8
9 10
11
12 21
22
23 24
25
26
3435
12131415
16 17 18 19
1
B
7
8
9
7
8
9
10 11
13
7
8
9
10 11
13
14 7
8
10
13
14
7
8
9
126789
10 11 18
2345678910
11 12 15 16 17 18 19
1 1 2
2 3 4
76
5
1
2
6
3
2 25
1
2
3
5
3
20
22
1
2
3
4
5
6
7
21
22
23
1
2
3
4
5
6
7 20
21
22
23
24
25
26 1
2
3
4
5
6
7
15
13
11
9
8
18
8
10
14
16
8
11
12
14
15
16
17
18
19 8
9
18
123456789
11 13 14 15 16 18
2356789
10 11 12 13 14 15 16 17
12345678910
11 12 13 14 15 17 18 19
12345678910
11 12 13 14 15 16 17 18 19 20
2
2
3
5
7
8
9
11
14
1
2
4
5
6
8
9
2
4
5
6
7
9
12
13
16
18
10
11
PT20 PT19 PT16 PT15 PT14 PT13 PT12 PT11 PT7 PT6 PT5 PT4 PT3 PT2
PT20 PT16 PT15 PT14 PT13 PT12 PT11 PT7 PT6 PT5 PT4 PT3 PT2PT19
3
9
44 45
17 18
10
12
14
12 9
12
15
10
45
12 13 14 15 16 17 13 14
3
3
4
5
7 7
6
5
4
1
20
21
22
23
24
26
4
6
7
8
2
21
23
24
25
26
20
24
25
26
9
10
11
12
13
8
1
11
12
13
19
18
17
16
14
12
10
14
15
16
17
19
9
11
12
13
15
17
18
19
13
10
11
12
17
10 12 17
14
18 16
1
4
6 10
12
13
15
3
7
1
3
8 14
15
17
19
22
21
89
PT18 PT17
PT18 PT17
1
PT4
PT4
PT2
PT2
PT1
PT1
PT1 PT1
PT1
PT1
606060 60
60
50
54.5
140.454.5 52.5
129.92
51.4
6
51.4
9
52.3
52.3
52.2
52.2
51.9
51.9
6060
6060
60
135
158.13
7014
0.21
158.22
60
89.87
80
76.44
25
25
30
30
190
3013
1.4
94.39
60
129.94
130
129.94
140
135
125.
92
138.71
131.
39
120.10
73.6
943.27
160.
64
734.
19
40
6060
30
49.9
9
85.11
6060
57.2
5
65
20
45
70.0
4
60
150
165
6060
54.9
969
.98
70.0
469
.43
103.37
93.82
100
84.55
60.06 60.06 60.06 85.46
54.4
3
69.3
965 65
656568
.65
53.6
7133.
65
60.06
134.
31
134.
35
134.
39
3030
50 5050
5050
5050
50
100100100 R=15100 100 100
505050505050
5050
5050
5050
5050 50
5050
5050
5050
50
50
5050
5050
5050
505050
5050
5050
50 50
100
60
30
60
40
132
132.
5
20
133.
32
133.
16
133
133.
34
60 60 60 60 60
60606060
60
60
6060
60
6060
606060
135
135
135
135
60606060 60
60
606060606060
56.3
54.63
134.
9813
4.98
57.98
132.
99
132.
99
132.
43
132.
35
132.
13
132.
06
60 60 60
606060
59.98
59.98
132.
19
132.
03
132.
43
132.
35
132.
13
132.
06
132.
99
132.
99
132
60
3077
77 7779
.37
61.5
1
100 100
70 57.8
470
70
7070
100
55.4
9
73.3
5
61.1
9100
7070
7070
100
39.2
3
195.
49254.96
157.
92
7220
93
72.01
118.52
102.28
96.9
4
70
100
8513
1.42
145.
67
33.9
65 66
136.
76
68.38
118.
85
74.7
5
50
216.3
177.8
55
30
55
5050
50
5555
5555
102.06
101.87
101.6
5757
58 5857
57
5857
250
250 55
5555
100
5555
55
55
5555
5555 58
55
100 100
55 50
135
30
50.26
116.
47
116.
47
60 60 60 60 60 60 60 6013
2.22
132.
22
130.
91
130.
75
130.
59
130.
43
130.
27
130.
11
131.
4
131.
4
53.89 60 60 60 60 60 60
5050
50 5050
5050
5050
5050
50
100 100 100
5050
5050
5050
505050
5050
5050
5050
5050
5050
50 5050
5050
50 5050
5050
5050
50 5030
100
50
50
5050
5050
50 5050
5050
5050 50
5050
5050
100 100100
50 50
5050 50
50
5050
5050
5050 50 50
50 50
50
100
62.81
60
135
135
62.07
60.39
134.
9813
4.98
58.72
60
606060606060
60606060
60 60 60 60 60
60
60 60
60
60
60
60 60
60 60 60 60
60 60
135
135 135
135
6060
6030
60 60 60
125
135
64.48
134.
9812
0.98
30
1014
6060
125
135
121
14 1413
512
1
135
125
118.
51
60
60
100 100 100 100 100
100
100
50 50
50 5050
5050
5045
.43
36
58.46
505050
5050
5050
5050
5050 50
4087.5
5050
5050
90
50 50
5050
5050
5050 50
30.4
102
121.85
121.85
5050
50
50 50
5050 50
47.5
60
121.85
121.85
116.
4
265.3
20175
30
60
92.83
58.5
60.0
1
60.0
190
.02
90.0
2
125
181.5
180.92
95.42 30
30
100.08
100.04
100
20
52
106.15
100.36
100.23
100.14
85.0260.0660.06
60.06
30525252
85.55 84.55 85.55 84.55
191.23119.23
100
70
93.54
107.72
45.2558
102.26 58 58100 100 200 10058
60
6060 60 60
60
60
60
60 60
6060 60
60
60 60
60 6060
60 60
60 60
60
60
100
100100
100
60
60
60 60 60 60
60
60 60 60
30 30 60 60 60 60
6060
60 60 60 60 60 60
60
60 60 60 6030 30 3056 60
60
60
58 58 58 100 100
100
100
100
100
120
175
120
175
132.
01
132.
01
180
429.8
50
62.5
62.5
62.5
62.5
62.5
135 135
6060
656530
60
30
30
L=159
68.47
216
30 50 50
68.01
150
57.1
5
95.0
7
150
150
143.21
125.93
241.01
30 30
50
75.96
232.
31
610.31
R=25493.33
30
116.58 136.73
R=25
211.36
582.21 551.37
30
30
60
60
60
31 313939
75
100
60
60
60
60
60
5050
5050
5050
5050
5050
5050
50 50
50 50
60 30
100
100
50 5037
.5
37.5
25 252525
37.5
37.5
50 50
502525
25 2550
5050
43
80.4
5050
50
97.5
30
3030
3020
60
60
60
75
100
40
60
60
60
20
60 6056 60 60
20
30
5050
1
15
17
4
5 3
8 10 1112 13
1
2
7
6
4
9
6
5
2
PM 94-10
ADDITION
NORTHMAIN
801
LD
52
861203:593
52
LD861203:595
1LD
8861203:594
5252 PM
39-35
88.29
113.56
PM 31-37
PM
19-28
132.
04
146.
47
146.
47
131.
4
131.
4
BELLVIEW TRACTBELLVIEW TRACT 2
135
135
62-21
PM
7
PT 139-13-401-003
PM 94-10NORTH MAIN ADDITION
11
101110
016 017 019 021 022 025 028
CA
RR
OLL
ST
3030
255250002
032
003008
001 004006 007
026
012
014
019
011
007
034
024
001
026
014
003
006
010
009
001
002
004
015
008
094 095 096 097 098 099 100 020 021 022 023 024 025 026 027161
029
080
102018
103030 101 042017
031 100016
032
183
099
092
105
091 090 089 088 087 086 085 084 017 016 015 014 013 012 011 010
015 033 072 106
158
014 034 073098
107
133
134075 076 077 078 079 081 082 083 002 003 004 005 006 007 008 009
013 058 097 108 180 135 157012 036
074096 109 179 136 156 168
011 037057
075 095 110 131 155 169181074 073 072 071 070 069 068 067 066 064 063 062 061 060 059 058 057
010 056 076 094 111 130 154009 003038
055 077 093 112 129 153170
008 039 054 078 092 113 128 138
039
152
040
171
041 042 043 044 045 046 047 049 050 051 052 053 054 055 056
007 040 005053 079 114 127 139 151 172006 041 052 080
091115 126 140 150 173 006
023005 042 051 081 116 125 141 149 174024
022 004 043 050
036 035
082
034182
033 031 030032 029 028
117
027
124
026 025
142
024 023
175
022 021 020
008003 044 049 083 088 118 123 143148
021 176009002 045 048 084 087 119 122 144 147 177
019020
002 003 004 005 006 007 009 010 011 012 013 014 015 016 017 019
001 046 047 085 086 120 121 145 146 178011
022118 023077 008095060 138064 139078173
063009
021052051049 050053
038 037
008001
048
065
001
018 104
064
063
062
061
060
059
018
023
022
035
035
019
103
101
010
007
004
002
001
069
024045
025066
044110 109 108 107 106 105 104 102 034 033 031 030 029 028
021 026043
020 027
163
067162
019 028 068093
065
0030.52
0030.48
0010.21
0040.75
0010.38
0040.72
0052.22
0020.11
NO
TES
This map is for assessment use only and does NOT represent a survey.
No liability is assumed for the accuracy of the data deliniated herein.Information on roads and other non-assessed parcels may be obtainedfrom the Road Document Listing in the Assessor's Office.
This map is compiled from official records, including surveys and deeds,but only contains the information required for assessment. See therecorded documents for more detailed legal information.
MA
PLE
GE
ND
USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL
ASSESSOR'S PARCELS - CLARK CO., NV.
Scale: 1" = 200 ' 02/09/2011
T20S R61E 14 S 2 SE 4 139-14-8
31
30
19
1
1314
121110987
6 5 4 3 2
3635343332
29 28 27 26
24
25
23222120
18 17 16 15
BO
OK
SEC
.
MA
P
2
3
4
5
6
7
8
1
2
3
4
51
8
7
5
6
4 8
255,250
PARCEL BOUNDARYSUB BOUNDARY
ROAD EASEMENTPM/LD BOUNDARY
HISTORIC LOT LINEMATCH / LEADER LINE
ROAD PARCEL NUMBERPARCEL NUMERACREAGE
PARCEL SUB/SEQ NUMBER
PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER
10010011.00
202PB 24-45
55
GL5
HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY
15
8 4
Rev:
TAX DIST
0 200 400 600 800100 SECTION LINE
CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL
176
100 101099 102 103
124126 125
141138137 139
161162163164
179177 178
123 122
160
175
140
Michele W. Shafe - Assessor
>
PT139-14-801-005
401
411
812
811
810
712
801
801
801
503
CA
RR
OLL
ST
STO
NE
RIV
ER
PL
SEV
ENPI
NE
SPL
FAIR
OAK
SPL
HA
MIL
TON
ST
STG
EO
RG
EST
SALT
LAK
EST
ARR
OW
HE
ADST
SPE
ARST
MAG
NET
ST
SMALL ST
CIV
ICC
EN
TER
DR
NELSON AVE
PUTNAM AVE
CARTIER AVE
MCDONALD AVE
NELSON AVE
027 028
029
005
029027024023020018
90-001
016
250255
VAC 20070919:1008
VAC
1180
:113
9953
VAC198:161203
VAC 824:662370
824:661910VAC
U S HIGHWAY NO 91-93
CIV
ICC
ENTE
RD
R
BRU
CE
ST
STATE HIWAY NO 91
CAREY AVE
PB 6-25
PB 6-25
PB 1-107
PB 2-91 PB 2-86 PB 1-107
1
2
3
1
2
3
1
2
3
4
5
6
7
9
3
1
2
4
5
PT1
PT1
PT1
PT1
PT1
PT2
PT3PT3
PT2
1
PT 2
2
1
16
17
1819
20
21
4
5
6
7
8
7
8
9 10
11
12 21
22
23 24
25
26
3435
12131415
16 17 18 19
1
B
7
8
9
7
8
9
10 11
13
7
8
9
10 11
13
14 7
8
10
13
14
7
8
9
126789
10 11 18
2345678910
11 12 15 16 17 18 19
1 1 2
2 3 4
76
5
1
2
6
3
2 25
1
2
3
5
3
20
22
1
2
3
4
5
6
7
21
22
23
1
2
3
4
5
6
7 20
21
22
23
24
25
26 1
2
3
4
5
6
7
15
13
11
9
8
18
8
10
14
16
8
11
12
14
15
16
17
18
19 8
9
18
123456789
11 13 14 15 16 18
2356789
10 11 12 13 14 15 16 17
12345678910
11 12 13 14 15 17 18 19
12345678910
11 12 13 14 15 16 17 18 19 20
2
2
3
5
7
8
9
11
14
1
2
4
5
6
8
9
2
4
5
6
7
9
12
13
16
18
10
11
PT20 PT19 PT16 PT15 PT14 PT13 PT12 PT11 PT7 PT6 PT5 PT4 PT3 PT2
PT20 PT16 PT15 PT14 PT13 PT12 PT11 PT7 PT6 PT5 PT4 PT3 PT2PT19
3
9
44 45
17 18
10
12
14
12 9
12
15
10
45
12 13 14 15 16 17 13 14
3
3
4
5
7 7
6
5
4
1
20
21
22
23
24
26
4
6
7
8
2
21
23
24
25
26
20
24
25
26
9
10
11
12
13
8
1
11
12
13
19
18
17
16
14
12
10
14
15
16
17
19
9
11
12
13
15
17
18
19
13
10
11
12
17
10 12 17
14
18 16
1
4
6 10
12
13
15
3
7
1
3
8 14
15
17
19
22
21
89
PT18 PT17
PT18 PT17
1
PT4
PT4
PT2
PT2
PT1
PT1
PT1 PT1
PT1
PT1
606060 60
60
50
54.5
140.454.5 52.5
129.92
51.4
6
51.4
9
52.3
52.3
52.2
52.2
51.9
51.9
6060
6060
60
135
158.13
7014
0.21
158.22
60
89.87
80
76.44
25
25
30
30
190
3013
1.4
94.39
60
129.94
130
129.94
140
135
125.
92
138.71
131.
39
120.10
73.6
943.27
160.
64
734.
19
40
6060
30
49.9
9
85.11
6060
57.2
5
65
20
45
70.0
4
60
150
165
6060
54.9
969
.98
70.0
469
.43
103.37
93.82
100
84.55
60.06 60.06 60.06 85.46
54.4
3
69.3
965 65
656568
.65
53.6
7133.
65
60.06
134.
31
134.
35
134.
39
3030
50 5050
5050
5050
50
100100100 R=15100 100 100
505050505050
5050
5050
5050
5050 50
5050
5050
5050
50
50
5050
5050
5050
505050
5050
5050
50 50
100
60
30
60
4013
2
132.
5
20
133.
32
133.
16
133
133.
34
60 60 60 60 60
60606060
60
60
6060
60
6060
606060
135
135
135
135
60606060 60
60
606060606060
56.3
54.63
134.
9813
4.98
57.98
132.
99
132.
99
132.
43
132.
35
132.
13
132.
06
60 60 60
606060
59.98
59.98
132.
19
132.
03
132.
43
132.
35
132.
13
132.
06
132.
99
132.
99
132
60
3077
77 7779
.37
61.5
1
100 100
70 57.8
470
70
7070
100
55.4
9
73.3
5
61.1
9100
7070
7070
100
39.2
3
195.
49
254.96
157.
92
7220
93
72.01
118.52
102.28
96.9
4
70
100
8513
1.42
145.
67
33.9
65 66
136.
76
68.38
118.
85
74.7
5
50
216.3
177.8
55
30
55
5050
50
5555
5555
102.06
101.87
101.6
5757
58 5857
57
5857
250
250 55
5555
100
5555
55
55
5555
5555 58
55
100 100
55 50
135
30
50.26
116.
47
116.
47
60 60 60 60 60 60 60 60
132.
22
132.
22
130.
91
130.
75
130.
59
130.
43
130.
27
130.
11
131.
4
131.
4
53.89 60 60 60 60 60 60
5050
50 5050
5050
5050
5050
50
100 100 100
5050
5050
5050
505050
5050
5050
5050
5050
5050
50 5050
5050
50 5050
5050
5050
50 5030
100
50
50
5050
5050
50 5050
5050
5050 50
5050
5050
100 100100
50 50
5050 50
50
5050
5050
5050 50 50
50 50
50
100
62.81
60
135
135
62.07
60.39
134.
9813
4.98
58.72
60
606060606060
60606060
60 60 60 60 60
60
60 60
60
60
60
60 60
60 60 60 60
60 60
135
135 135
135
6060
6030
60 60 60
125
135
64.48
134.
9812
0.98
30
1014
6060
125
135
121
14 1413
512
1
135
125
118.
51
60
60
100 100 100 100 100
100
100
50 50
50 5050
5050
5045
.43
36
58.46
505050
5050
5050
5050
5050 50
4087.5
5050
5050
90
50 50
5050
5050
5050 50
30.4
102
121.85
121.85
5050
50
50 50
5050 50
47.5
60
121.85
121.85
116.
4
265.3
20175
30
60
92.83
58.5
60.0
1
60.0
190
.02
90.0
2
125
181.5
180.92
95.42 30
30
100.08
100.04
100
20
52
106.15
100.36
100.23
100.14
85.0260.0660.06
60.06
30525252
85.55 84.55 85.55 84.55
191.23119.23
100
70
93.54
107.72
45.2558
102.26 58 58100 100 200 10058
60
6060 60 60
60
60
60
60 60
6060 60
60
60 60
60 6060
60 60
60 60
60
60
100
100100
100
60
60
60 60 60 60
60
60 60 60
30 30 60 60 60 60
6060
60 60 60 60 60 60
60
60 60 60 6030 30 3056 60
60
60
58 58 58 100 100
100
100
100
100
120
175
120
175
132.
01
132.
01
180
429.8
50
62.5
62.5
62.5
62.5
62.5
135 135
6060
656530
60
30
30
L=159
68.47
216
30 50 50
68.01
150
57.1
5
95.07
150
150
143.21
125.93
241.01
30 30
50
75.96
232.
31
610.31
R=25493.33
30
116.58 136.73
R=25
211.36
582.21 551.37
30
30
60
60
60
31 313939
75
100
60
60
60
60
60
5050
5050
5050
5050
5050
5050
50 50
50 50
60 30
100
100
50 5037
.5
37.5
25 252525
37.5
37.5
50 50
502525
25 2550
5050
43
80.4
5050
50
97.5
30
3030
3020
60
60
60
75
100
40
60
60
60
20
60 6056 60 60
20
30
5050
1
15
17
4
5 3
8 10 1112 13
1
2
7
6
4
9
6
5
2
PM 94-10
ADDITION
NORTHMAIN
801
LD
52
861203:593
52
LD861203:595
1LD
8861203:594
5252 PM
39-35
88.29
113.56
PM 31-37
PM
19-28
132.
04
146.
47
146.
47
131.
4
131.
4
BELLVIEW TRACTBELLVIEW TRACT 2
135
135
62-21
PM
7
PT 139-13-401-003
PM 94-10NORTH MAIN ADDITION
11
101110
016 017 019 021 022 025 028
CA
RR
OLL
ST
3030
255250002
032
003008
001 004006 007
026
012
014
019
011
007
034
024
001
026
014
003
006
010
009
001
002
004
015
008
094 095 096 097 098 099 100 020 021 022 023 024 025 026 027161
029
080
102018
103030 101 042017
031 100016
032
183
099
092
105
091 090 089 088 087 086 085 084 017 016 015 014 013 012 011 010
015 033 072 106
158
014 034 073098
107
133
134075 076 077 078 079 081 082 083 002 003 004 005 006 007 008 009
013 058 097 108 180 135 157012 036
074096 109 179 136 156 168
011 037057
075 095 110 131 155 169181074 073 072 071 070 069 068 067 066 064 063 062 061 060 059 058 057
010 056 076 094 111 130 154009 003038
055 077 093 112 129 153170
008 039 054 078 092 113 128 138
039
152
040
171
041 042 043 044 045 046 047 049 050 051 052 053 054 055 056
007 040 005053 079 114 127 139 151 172006 041 052 080
091115 126 140 150 173 006
023005 042 051 081 116 125 141 149 174024
022 004 043 050
036 035
082
034182
033 031 030032 029 028
117
027
124
026 025
142
024 023
175
022 021 020
008003 044 049 083 088 118 123 143148
021 176009002 045 048 084 087 119 122 144 147 177
019020
002 003 004 005 006 007 009 010 011 012 013 014 015 016 017 019
001 046 047 085 086 120 121 145 146 178011
022118 023077 008095060 138064 139078173
063009
021052051049 050053
038 037
008001
048
065
001
018 104
064
063
062
061
060
059
018
023
022
035
035
019
103
101
010
007
004
002
001
069
024045
025066
044110 109 108 107 106 105 104 102 034 033 031 030 029 028
021 026043
020 027
163
067162
019 028 068093
065
0030.52
0030.48
0010.21
0040.75
0010.38
0040.72
0052.22
0020.11
NO
TES
This map is for assessment use only and does NOT represent a survey.
No liability is assumed for the accuracy of the data deliniated herein.Information on roads and other non-assessed parcels may be obtainedfrom the Road Document Listing in the Assessor's Office.
This map is compiled from official records, including surveys and deeds,but only contains the information required for assessment. See therecorded documents for more detailed legal information.
MAP
LEG
END
USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL
ASSESSOR'S PARCELS - CLARK CO., NV.
Scale: 1" = 200 ' 02/09/2011
T20S R61E 14 S 2 SE 4 139-14-8
31
30
19
1
1314
121110987
6 5 4 3 2
3635343332
29 28 27 26
24
25
23222120
18 17 16 15
BOO
K
SEC.
MAP
2
3
4
5
6
7
8
1
2
3
4
51
8
7
5
6
4 8
255,250
PARCEL BOUNDARYSUB BOUNDARY
ROAD EASEMENTPM/LD BOUNDARY
HISTORIC LOT LINEMATCH / LEADER LINE
ROAD PARCEL NUMBERPARCEL NUMERACREAGE
PARCEL SUB/SEQ NUMBER
PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER
10010011.00
202PB 24-45
55
GL5
HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY
15
8 4
Rev:
TAX DIST
0 200 400 600 800100 SECTION LINE
CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL
176
100 101099 102 103
124126 125
141138137 139
161162163164
179177 178
123 122
160
175
140
Michele W. Shafe - Assessor
CAREY AVENUE
SunCommercial Real Estate, Inc.
las Vegas Valley area maP
SunCommercial Real Estate, Inc.
surrounding aerial maP
SUBJECT
E. LakE MEad BLvdE. LakE MEad BLvd
Civi
C CE
ntE
r d
r
n. Las v
Egas BLv
d
E. Carey Ave
Lose
e Rd
n 5
th s
t
SunCommercial Real Estate, Inc.
las Vegas retail & northeast las Vegas submarket reView
8 CoStar Retail Statistics ©2017 CoStar Group, Inc.
Las Vegas � Third Quarter 2017
Las Vegas Retail MarketThird Quarter 2017 – Las Vegas
Las Vegas Retail Market
©2017 CoStar Group, Inc. CoStar Retail Statistics 9
General Retail Market Statistics Third Quarter 2017
YTD Net YTD Under Quoted
Market # Blds Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates
Central East Las Vegas Ret 639 5,320,954 419,930 524,367 9.9% (24,989) 0 0 $12.39
Central West Las Vegas Ret 699 6,151,608 132,093 132,093 2.1% 41,720 6,061 171,600 $19.10
East Las Vegas Ret 306 2,089,723 47,122 47,122 2.3% 7,844 2,200 90,000 $20.36
North Las Vegas Ret 256 1,811,883 44,221 44,221 2.4% 62,601 7,000 25,559 $15.60
Northeast Las Vegas Ret 467 2,679,700 74,483 97,803 3.6% 141,240 0 0 $14.00
Northwest Las Vegas Ret 148 1,785,941 44,379 44,379 2.5% 29,320 0 0 $15.27
Outlying NE Clark Cnty Ret 77 930,609 33,536 33,536 3.6% 19,894 0 0 $13.00
Outlying NW Clark Cnty Ret 3 8,572 0 0 0.0% 0 0 0 $0.00
Outlying S Clark Cnty Ret 22 79,263 0 0 0.0% 0 0 8,320 $0.00
Resort Corridor Ret 318 3,650,096 197,562 197,562 5.4% 97,088 74,731 0 $26.24
Southeast Las Vegas Ret 522 5,054,116 205,113 207,417 4.1% 19,051 53,780 13,978 $16.05
Southwest Las Vegas Ret 282 2,685,931 108,133 108,133 4.0% 55,317 37,361 164,432 $25.24
West Las Vegas Ret 177 2,186,560 52,775 52,775 2.4% 44,031 0 0 $25.59
Totals 3,916 34,434,956 1,359,347 1,489,408 4.3% 493,117 181,133 473,889 $17.70
Source: CoStar Property®
Mall Market Statistics Third Quarter 2017
YTD Net YTD Under Quoted
Market # Ctrs Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates
Central East Las Vegas Ret 5 2,742,317 388,757 388,757 14.2% (177,997) 0 0 $15.62
Central West Las Vegas Ret 1 970,304 105,337 105,337 10.9% (99,687) 0 0 $16.50
East Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
North Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
Northeast Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
Northwest Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying NE Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying NW Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying S Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Resort Corridor Ret 3 2,951,697 0 0 0.0% 9,000 0 0 $0.00
Southeast Las Vegas Ret 3 1,600,250 50,232 50,232 3.1% 18,070 0 0 $29.05
Southwest Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
West Las Vegas Ret 3 1,399,190 250,740 250,740 17.9% (13,416) 76,353 0 $28.27
Totals 15 9,663,758 795,066 795,066 8.2% (264,030) 76,353 0 $18.22
Source: CoStar Property®
Power Center Market Statistics Third Quarter 2017
YTD Net YTD Under Quoted
Market # Ctrs Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates
Central East Las Vegas Ret 1 622,029 92,263 92,263 14.8% 7,826 0 0 $12.00
Central West Las Vegas Ret 2 969,882 7,346 7,346 0.8% 2,934 0 0 $0.00
East Las Vegas Ret 2 895,687 40,811 40,811 4.6% 2,480 0 0 $14.30
North Las Vegas Ret 5 1,828,599 188,024 188,024 10.3% (2,773) 0 0 $16.71
Northeast Las Vegas Ret 1 350,554 4,000 4,000 1.1% 0 0 0 $0.00
Northwest Las Vegas Ret 3 1,301,218 57,864 57,864 4.4% (40,466) 0 0 $26.85
Outlying NE Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying NW Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying S Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Resort Corridor Ret 1 959,065 33,531 33,531 3.5% 18,684 0 0 $0.00
Southeast Las Vegas Ret 5 2,147,965 83,153 83,153 3.9% 6,370 0 0 $24.19
Southwest Las Vegas Ret 4 3,186,679 85,378 87,778 2.8% 9,084 0 0 $21.44
West Las Vegas Ret 4 2,007,160 94,397 94,397 4.7% (4,611) 0 0 $22.42
Totals 28 14,268,838 686,767 689,167 4.8% (472) 0 0 $18.72
Source: CoStar Property®
Existing Inventory Vacancy
Existing Inventory Vacancy
Existing Inventory Vacancy
Figures at a Glance
10 CoStar Retail Statistics ©2017 CoStar Group, Inc.
Las Vegas � Third Quarter 2017
Las Vegas Retail MarketThird Quarter 2017 – Las Vegas
Las Vegas Retail Market
©2017 CoStar Group, Inc. CoStar Retail Statistics 11
Shopping Center Market Statistics Third Quarter 2017
YTD Net YTD Under Quoted
Market # Ctrs Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates
Central East Las Vegas Ret 155 6,944,509 801,242 912,202 13.1% 103,299 14,160 0 $14.30
Central West Las Vegas Ret 200 9,050,200 904,612 965,411 10.7% 99,244 0 0 $14.27
East Las Vegas Ret 56 2,516,114 197,100 209,900 8.3% 49,253 0 0 $15.83
North Las Vegas Ret 74 5,596,055 594,511 696,133 12.4% (99,666) 0 161,246 $19.36
Northeast Las Vegas Ret 89 3,645,910 399,582 448,264 12.3% (42,865) 0 0 $14.08
Northwest Las Vegas Ret 50 3,580,919 291,029 292,659 8.2% (16,211) 0 81,540 $19.77
Outlying NE Clark Cnty Ret 10 459,275 56,472 56,472 12.3% 30,591 0 0 $13.30
Outlying NW Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying S Clark Cnty Ret 3 146,296 51,000 51,000 34.9% 0 0 0 $0.00
Resort Corridor Ret 22 420,054 12,169 12,169 2.9% 31,537 16,464 0 $30.68
Southeast Las Vegas Ret 181 11,512,227 1,294,023 1,417,543 12.3% 94,885 19,012 35,743 $16.98
Southwest Las Vegas Ret 102 3,907,513 358,966 358,966 9.2% 94,969 91,370 0 $20.76
West Las Vegas Ret 81 4,799,884 461,756 463,106 9.6% (36,292) 0 0 $19.35
Totals 1,023 52,578,956 5,422,462 5,883,825 11.2% 308,744 141,006 278,529 $16.69
Source: CoStar Property®
Specialty Center Market Statistics Third Quarter 2017
YTD Net YTD Under Quoted
Market # Ctrs Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates
Central East Las Vegas Ret 1 182,863 0 0 0.0% 30,000 0 0 $0.00
Central West Las Vegas Ret 2 284,316 0 0 0.0% 0 0 0 $0.00
East Las Vegas Ret 1 10,000 0 0 0.0% 0 0 0 $0.00
North Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
Northeast Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
Northwest Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying NE Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying NW Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00
Outlying S Clark Cnty Ret 2 618,034 56,263 56,263 9.1% 8,273 0 0 $30.54
Resort Corridor Ret 3 1,194,078 143,688 143,688 12.0% 2,500 0 0 $18.90
Southeast Las Vegas Ret 2 574,108 48,408 48,408 8.4% (34,230) 0 0 $25.36
Southwest Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00
West Las Vegas Ret 1 74,069 4,912 4,912 6.6% 1,500 0 0 $25.20
Totals 12 2,937,468 253,271 253,271 8.6% 8,043 0 0 $22.98
Source: CoStar Property®
Total Retail Market Statistics Third Quarter 2017
YTD Net YTD Under Quoted
Market # Blds Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates
Central East Las Vegas Ret 1,055 15,812,672 1,702,192 1,917,589 12.1% (61,861) 14,160 0 $14.03
Central West Las Vegas Ret 1,197 17,426,310 1,149,388 1,210,187 6.9% 44,211 6,061 171,600 $14.95
East Las Vegas Ret 487 5,511,524 285,033 297,833 5.4% 59,577 2,200 90,000 $16.22
North Las Vegas Ret 622 9,236,537 826,756 928,378 10.1% (39,838) 7,000 186,805 $18.58
Northeast Las Vegas Ret 690 6,676,164 478,065 550,067 8.2% 98,375 0 0 $14.05
Northwest Las Vegas Ret 386 6,668,078 393,272 394,902 5.9% (27,357) 0 81,540 $19.41
Outlying NE Clark Cnty Ret 98 1,389,884 90,008 90,008 6.5% 50,485 0 0 $13.21
Outlying NW Clark Cnty Ret 3 8,572 0 0 0.0% 0 0 0 $0.00
Outlying S Clark Cnty Ret 29 843,593 107,263 107,263 12.7% 8,273 0 8,320 $30.54
Resort Corridor Ret 384 9,174,990 386,950 386,950 4.2% 158,809 91,195 0 $25.03
Southeast Las Vegas Ret 1,268 20,888,666 1,680,929 1,806,753 8.6% 104,146 72,792 49,721 $17.85
Southwest Las Vegas Ret 664 9,780,123 552,477 554,877 5.7% 159,370 128,731 164,432 $21.89
West Las Vegas Ret 540 10,466,863 864,580 865,930 8.3% (8,788) 76,353 0 $20.52
Totals 7,423 113,883,976 8,516,913 9,110,737 8.0% 545,402 398,492 752,418 $17.15
Source: CoStar Property®
Existing Inventory Vacancy
Existing Inventory Vacancy
Existing Inventory Vacancy
Figures at a Glance
SunCommercial Real Estate, Inc.
las Vegas retail & northeast las Vegas submarket reView
20 CoStar Retail Statistics ©2017 CoStar Group, Inc.
Las Vegas – Third Quarter 2017
Las Vegas Retail MarketMarket Highlights – Class “A, B & C”
©2017 CoStar Group, Inc. CoStar Retail Statistics 21
Third Quarter 2017 – Las Vegas
Las Vegas Retail MarketMarket Highlights – Class “A, B & C”
N o r t h e a s t L a s V e g a s M a r k e t
Deliveries, Absorption & Vacancy Historical Analysis, All Classes
Source: CoStar Property®
Vacant Space Quoted Rental RatesHistorical Analysis, All Classes Historical Analysis, All Classes
Source: CoStar Property® Source: CoStar Property®
Net QuotedPeriod # Bldgs Total RBA Vacant SF Vacancy % Absorption # Bldgs Total RBA # Bldgs Total RBA Rates
2017 3q 690 6,676,164 550,067 8.2% (25,695) 0 0 0 0 $14.05
2017 2q 690 6,676,164 524,372 7.9% 111,271 0 0 0 0 $14.04
2017 1q 690 6,676,164 635,643 9.5% 12,799 0 0 0 0 $14.00
2016 4q 690 6,676,164 648,442 9.7% (16,056) 1 5,500 0 0 $13.64
2016 3q 689 6,670,664 626,886 9.4% 11,235 0 0 1 5,500 $13.24
2016 2q 689 6,670,664 638,121 9.6% (552) 0 0 1 5,500 $13.66
2016 1q 689 6,670,664 637,569 9.6% 1,814 0 0 0 0 $13.02
2015 4q 689 6,670,664 639,383 9.6% 126,012 0 0 0 0 $13.07
2015 3q 688 6,653,664 748,395 11.2% 37,583 0 0 1 17,000 $12.40
2015 2q 688 6,653,664 785,978 11.8% 22,524 0 0 1 17,000 $12.58
2015 1q 688 6,653,664 808,502 12.2% (68,523) 1 815 0 0 $12.74
2014 4q 687 6,652,849 739,164 11.1% 112,281 2 8,150 1 815 $12.49
2014 3q 685 6,644,699 843,295 12.7% 22,570 0 0 3 8,965 $12.11
2014 2q 685 6,644,699 865,865 13.0% (3,436) 1 5,395 2 8,150 $11.89
2014 1q 684 6,639,304 857,034 12.9% (57,129) 0 0 1 5,395 $12.21
2013 4q 684 6,639,304 799,905 12.0% (22,877) 0 0 1 5,395 $12.41
Source: CoStar Property®
UC InventoryDelivered InventoryExisting Inventory Vacancy
(0.100)
(0.050)
0.000
0.050
0.100
0.150
2014 1q 2014 2q 2014 3q 2014 4q 2015 1q 2015 2q 2015 3q 2015 4q 2016 1q 2016 2q 2016 3q 2016 4q 2017 1q 2017 2q 2017 3q
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
Delivered SF Absorption SF Vacancy
$12.40
$12.60
$12.80
$13.00
$13.20
$13.40
$13.60
$13.80
$14.00
$14.20
2016 1q 2016 3q 2017 1q 2017 3q
Dollar
s/SF
/Yea
r
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
2016 1q 2016 2q 2016 3q 2016 4q 2017 1q 2017 2q 2017 3q
Direct SF Sublet SF