long term, single tenant, asolute nnn lease...peter lik began capturing the wonders of nature as a...

PETER LIK HEADQUARTERS & PRODUCTION SUITES

38,424 SQUARE FEET | CORPORATE HEADQUARTERS AND PHOTOGRAPHIC STUDIO

FOR SALE

Price $22,633,000.00

MICHAEL BOSCIA CCIM | 702-810-6707

[email protected]

ANDREA SANTANNA | 702-378-1375

[email protected]

LONG TERM, SINGLE TENANT, ABSOLUTE NNN LEASE


3,528 SQUARE FEET | BLUE DIA-

HIGHLIGHTS

INVESTMENT HIGHLIGHTS

Purchase price: $22,633,000.00

Annual income: $1,414,156.00

Cap rate: 6.25%

Total square feet: +/- 64,055

Total acreage: +/- 1.78 acres

Term: 10 Years + 2 – 5 year renewal options

Increases: 10% every 5 years

Absolute NNN lease

No landlord responsibilities

PROPERTY HIGHLIGHTS

Six buildings on six separate parcels. Peter Lik’s

limited liability company has owned these build-

ings since around 2007

PETER LIK HEADQUARTERS

6625 W. Badura Avenue

+/- 38,424 Square Feet on 1.19 Acres

+/- 20,000 SF Downstairs

+/- 18,424 SF Upstairs

Extremely high-end tenant improvements

No Association

PETER LIK PRODUCTION SUITES

6635 W. Badura Avenue, Suites A-5, A-6, A-7

6645 W. Badura Avenue, Suites B-1, B-2

Total +/- 25,631 square feet of building

Total +/- 25,631 square feet of land

Part of Crowne Southwest Industrial Unit

Owners Association.

Zoning: Designed Manufacturing (M-D)


The information contained herein and through-out this offering package has been obtained from sources believed reliable, but not guaranteed. While we

do not doubt its accuracy, we make no guarantee, warranty, or representation about it. Buyer/Agents are urged to conduct a careful, independent investi-

gation of the property to determine to their satisfaction if the property is suitable for their proposed use or purchase. Dapper Companies is not the owner

of this property. Dapper Companies is only acting in a brokerage capacity.



PROPERTY DETAILS


[email protected]


[email protected]


Address Building Parcel number Sq. Ft.

6625 W Badura Avenue 176-02-311-003 38,424

6635 W Badura Avenue A-5 176-02-311-017 4,925

6635 W Badura Avenue A-6 176-02-311-018 4,645

6635 W Badura Avenue A-7 176-02-311-022 4,925

6645 W Badura Avenue B-1 176-02-311-008 5,568

6645 W Badura Avenue B-2 176-02-311-010 5,568

64,055

PRODUCTION SUITES

Each of the Production Suites houses an integral

part of the Peter Lik company and serves a

unique purpose.

Unit A-5: Framing

Unit A-6: Paint

Unit A-7: Storage of photography books that

will be sold in the future. Special climate con-

trolled space for both temperature and humidity

Unit B-1: Shipping

Unit B-2: Material Storage

PETER LIK HEADQUARTERS

The corporate headquarters for Peter Lik Retail

USA is exactly what you would expect from a

world-renowned master photographer. Modern

design and finishes we used for the interior spac-

es and the furniture. Tons of glass and wood ac-

cents were used on the walls, stairwells and inte-

rior gardens. Peter’s award winning photographs

decorate almost every corner. One tour of this

amazing space any you can see no expense was

spared throughout the building.



[email protected]


[email protected]

PETER LIK, MASTER PHOTOGRAPHER

Peter Lik began capturing the wonders of nature as a young boy in his native Australia

and never stopped. In 1984, Lik migrated to the U.S. and discovered his passion for

panoramic photography. Over the years, Lik’s career has been marked with award wins

as a Master Photographer from the Australian Institute of Professional Photography,

Professional Photographers of America, Federation of European Photographers and

Master Photographers International along with Fellowships from the British Institute of

Professional Photographers, The American Society of Photographers and The Royal

Photographic Society. He shattered world records, selling some of the most expensive

photographs in history while redefining photographic fine art.

Peter’s company, Peter Lik Retail USA, has grown to world-wide prominence with

galleries in Aspen, Colorado; Miami and Key West, Florida; Las Vegas; Soho, East

Hampton and Madison Avenue, New York; Chicago, Illinois; Waikiki and Lahaina, Hawaii;

Washington DC; Houston and Dallas, Texas and La Jolla, California. Annual sales are

approximately $45 Million.

Visit lik.com and discover the world through the lens of Peter Lik.

PETER LIK RETAIL USA, INC 6625 WEST BADURA AVENUE, LAS VEGAS, NEVADA 89118

TENANT

Tranquil Blue — Limited Edition by Peter Lik

Tree of Life — Limited Edition by Peter Lik

http://lik.com/


INTERIOR PHOTOS PETER LIK HEADQUARTERS


[email protected]


[email protected]

6625 WEST BADURA AVENUE, LAS VEGAS, NEVEDA 89118



INTERIOR PHOTOS PRODUCTION SUITES


[email protected]


[email protected]

6625 WEST BADURA AVENUE, LAS VEGAS, NEVEDA 89118



LOCATION


[email protected]


[email protected]

PETER LIK HEADQUARTERS & PRODUCTION SUITES 6625 WEST BADURA AVENUE, LAS VEGAS, NEVADA 89118

THE SOUTHWEST VALLEY

Southwest Las Vegas is one of the fastest growing and desirable

business areas in the valley. The Arroyo Regional Shopping Center

started the trend and soon after they were followed by a host of

other companies such as IKEA, Ainsworth Gaming, UFC, several

new car dealerships and a plethora of large industrial complexes.

It is now almost impossible to find available land and new com-

mercial and residential developments are popping up everywhere.

Freeway access is easy and this location is just a few minutes from

1 MILE

RADIUS

3 MILE

RADIUS

5 MILE

RADIUS

POPULATION

Estimated 2019 11,855 104,273 335,858

Projected 2024

HOUSEHOLDS

13,307 115,596 376,242

Estimated 2019 4,525 42,428 141,069

Projected 2024

AVERAGE HOUSEHOLD INCOME

4,864 45,069 150,411

Estimated 2019 $86,657 $77,419 $74,008

Projected 2024 $95,558 $86,457 $82,443


LAS VEGAS


[email protected]


[email protected]


6625 WEST BADURA AVENUE, LAS VEGAS, NEVADA 89118

LAS VEGAS, NEVADA

In a city known for its entertainment, culinary delights, world-class spas, conven-tions and thrilling adventures, Las Vegas has become more than the 4.2 miles known as the Las Vegas Strip. With more than 50 million passengers traveling through McCarran Airport, Las Vegas is now America’s 28th largest city by popu-lation and continues to expand.

Unlike crowded cities like New York or San Francisco, Las Vegas is a relatively new city with plenty of building space available. New commercial buildings, mul-ti-family apartments, industrial complexes and new homes are popping up fre-quently, and home prices have remained affordable even as the economy has improved. Large employers and well-known companies are also putting down roots in the Las Vegas Valley such as UFC, Fanatics, Amazon, IKEA, Scientific Games, Allegiant Airlines and VaOpto.

Las Vegas has also become a great place for business and entrepreneurship. Whether that’s creating a new business partnership or creating the next

innovative startup company, the allure of Las Vegas as a cultural and economic capital are one in the same. In 2012, Zappos.com CEO Tony Hsieh poured $350 million of his own money into revitalizing Downtown Las Vegas. The goal of the project was to create a haven for new business. Since that time, the Downtown area has seen incredible growth from others in the business community and is thriving among Las Vegas locals and tourists from all over the world.

Las Vegas is now home to several professional sports teams, including NHL’s Vegas Golden Knights, WNBA’s Las Vegas Aces, Las Vegas Aviators baseball team and in 2020, the home of the Las Vegas Raiders. Cultural institutions like the Smith Center for the Performing Arts and numerous museums offer quiet alternatives to the Strip, while nearby state and national parks – including Lake Mead, Red Rock Canyon National Conservation Area, Spring Mountain Ranch State Park and Valley of Fire State Park – offer ample opportunities to enjoy the outdoors.

24/7—Limited Edition by Peter Lik

long term, single tenant, asolute nnn lease...peter lik began capturing the wonders of nature as a...

Documents