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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Price
Redu
ction
NEW 10 YEAR TERM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
This package is provided to you by MDL Group and is intended solely for your limited use and benefit in determining whether you desire to express further interest in purchasing the property described in the attached documentation (the “Property”). The providing of “this package” to you and your use thereof is conditioned upon your agreement to the terms set forth below.
This package contains selected information pertaining to the Property. It does not purport to be a representation of the state of affairs of the current owner, nor should it be con-strued to contain all or part of the information which prospective investors would deem necessary to evaluate the Property for purchase. Any financial projections and information provided are for general reference purposes only, are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the current owner and MDL Group. All projections, assumptions and other information provided are made herein are subject to material variation. MDL Group has not inde-pendently investigated the accuracy of the information within the package, as such information was obtained by the owner and/or public records. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers.
Neither the owner, MDL Group, nor any of their respective directors, officers, agents, affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of the information contained within this package or any supplemental information provided after the delivery of this package to you, and no legal commitment or obligation shall arise by reason of your receipt of this package or use of its contents. Please also refer to the disclaimer at the bottom of each page of this package, which disclaimer is incorporated herein by reference.
You should understand and be advised that the owner of the Property expressly reserves the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with you or any other party at any time with or without notice which may arise as a result of this package. The owner shall have no legal commitment or obligation to you or any other party reviewing this package, nor shall the owner be required to accept 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 obligation therein have been satisfied or waived.
By receipt of “this package”, you agree that the package 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 the package or any of its contents to any other entity without the prior written authorization of owner. You also agree that you will not use the package or any of its contents in any manner detrimental to the interest of the owner or MDL Group.
This package describes certain documents including leases and other materials, which documents are described in summary form only. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected and advised to review all such summaries and other documents of whatever nature independently with legal counsel, tax and other professionals of their choice who have the expertise to assist in investigating this information in detail. You are therefore advised not to rely solely on the package as part of your investigations on this Property. If you have no interest in further pursuing this Property, please return this package to MDL Group.
Disclaimer
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
INVESTMENT OVERVIEWLOCATION 3065 South Jones Boulevard, Las Vegas, 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 ($231.25 PSF)
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 $1.3312 January1, 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 building September 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 repairs above $1,500.00 per annum, roof replacement, structural components of the building and there shall be no reimbursement in the CAM for property management.
FAL has occupied the building since 2002. They recently renewed for 10 years, and completely renovated the entire build-ing spending approximately $500,000 on Tenant Improvements.
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
PROPERTY DESCRIPTION AREA DESCRIPTION
FAL Corporate Center is truly a one-of-a-kind professional office building in the Las Vegas Market. The building is two (2) stories and includes a subterranean lower lev-el. It was built in 2002 with major interiors renovation completed in 2018, as well as, exterior upgrades including new multi-toned paint, reslurry-coat and striping parking lot.
Level one and level two include well-appointed professional office space incorpo-rating flexible work environments including open offices, breakout rooms, private offices, large and small conference rooms, breakrooms and kitchenette/coffee bars on each level. The lower level includes a large meeting/training room, full kitchen and breakroom, men’s and women’s restrooms and additional office 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 Road and Sahara Ave-nue, FAL Corporate Center is within a mature area within the Las Vegas valley. It is surrounded in close proximity by abundant amenities including housing, banking, restaurants, and other service retailers. This site was selected as a build-to-suit by FAL because it is equal distance from the I-95, I-215 and I-15 freeways giving the Tenant and Clients easy access to and from any location in town.
The property is located in the West Las Vegas Office Submarket which has a total inventory of 7,933,000 square feet in 551 buildings. The West Office Submarket is posting a vacancy on par with the overall Office Market close to 12% at the end of the Second Quarter 2018. Average asking rents in the West Office Submarket are $17.97 per square foot annually (or $1.49 per square foot monthly) on a gross basis. *Market data sourced by CoStar.
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
FLOOR PLAN
*Drawings and plans are not to scale. Any measurements are approximate and are for illustrative purposes only. There is no guarantee, warranty or representation as to the accuracy or completeness of any plans or designs.
PROPERTY DETAILS:FIRST FLOOR SF: ±7,586
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
FLOOR PLAN
*Drawings and plans are not to scale. Any measurements are approximate and are for illustrative purposes only. There is no guarantee, warranty or representation as to the accuracy or completeness of any plans or designs.
PROPERTY DETAILS:SECOND FLOOR SF: ±7,081
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
FLOOR PLAN
PROPERTY DETAILS:BASEMENT SF: ±4,295
*Drawings and plans are not to scale. Any measurements are approximate and are for illustrative purposes only. There is no guarantee, warranty or representation as to the accuracy or completeness of any plans or designs.
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
LOBBY 1RST FLOOROFFICE CUBICLES -1ST FLOOR
CONFERENCE ROOM - 2ND FLOORBASEMENT
PROPERTY PHOTOGRAPHS
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
Serving Southern Nevada for more than 30 years, Fair, Anderson & Langerman has the experience, resources and smart thinking of a large national firm, partnered with the cost-effective solutions, passion and character of a small accounting firm.
Fair, Anderson & Langerman is a full service firm specializing in high-level tax strategy, tax preparation, accounting, auditing and strategic business advisement.
Our clients’ respective industries cover a broad range. From commercial real estate developers, well established construction companies, food and beverage industries and entrepreneurial businesses, the common thread between these businesses and industries is that they all turn to Fair, Anderson & Langerman for our expertise and high-level strategy and business advisement. We strongly believe that the true value in engaging Fair, Anderson & Langerman is beyond the paperwork of the tax return. With more than 30 employees, Fair, Anderson & Langerman believes there is more to life than just crunching numbers. We offer a fun, rewarding and challenging company culture that has awarded us “Best Accounting Firms to Work For” by Accounting Today for 2015, 2016, 2017 and 2018. For more information visit https://www.falcpa.com/
TENANT PROFILE
https://www.falcpa.com/
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
ACCOUNTING & AUDITING
Audited financial statements—the heart of FAL’s as-surance services—have added benefits for clients far beyond their immediate compliance function. They bring reliability to the Company’s owners and provide a foundation for future planning. They provide insight so you can improve your business processes.
TAX CONSULTING AND COMPLIANCE
Effective tax advice and planning can give your busi-ness a competitive advantage. Fair, Anderson & Lan-german (FAL) offers a range of tax services that are designed to offer clients innovative 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 party organization assessments, strategic planning and organizational troubleshooting.
TENANT AREA OF EXPERTISE
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
AERIAL MAP
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
SUBMARKET MAP
SITE
Desert Inn Rd.
Sahara Ave.
Jone
s Bl
vd.
Rain
bow
Blvd
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Jone
s Bl
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US-95 Freeway
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
LOCATION OVERVIEW GAMING & TOURISM
With the star power of Las Vegas and the diversity of natural settings, Hospitality and Tourism is the state’s iconic consumption-oriented industry and a major economic engine that creates tens of thousands of jobs for Nevadans.
Given its leadership, Nevada is focused on leveraging its intellectual capital in hospi-tality, tourism and related leisure services to diversify the traditionally service-oriented industry into higher-value and innovative activities that would create higher-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 the unincorporated parts of Clark County. Over 2 million people live in the metropolitan area, making it, by far, the largest popula-tion center in Nevada. Though the Las Vegas metropolitan area is known primarily for tourism, our economy is diverse and employs many people in the healthcare, defense, IT and manufacturing sectors.
Las Vegas is one of the most famous tourist destinations in the world, but in recent years it has also become one of the top business destinations in the world. Four Fortune 500 companies are headquartered in Las Vegas, and many more global com-panies do business in Southern Nevada. Over six million people a year come to Las Vegas for conventions. Those six million people represent nearly all of the Fortune 500, and thousands of other global companies. Because of conventions, Las Vegas has become a global marketplace, where deals get made and ideas are born.
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
ADVANTAGES OF DOING BUSINESS IN NEVADA
LAS VEGAS KEY INDUSTRIES
• 40 million people visit Nevada each year and is the #1 for economic development programs in terms of job creation, retention and training
• McCarran Airport is the nation’s 7th busiest airport• #1 for new business launches• Consistently one of the “Top 10” most business-friendly states• NO corporate or personal income tax • NO inventory tax• NO franchise tax• NO unitary tax• NO special intangible 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
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
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
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
LAS VEGAS STADIUM
MSG SPHERE
LAS VEGAS CONVENTION CENTERThe Oakland Raiders received the NFL’s approval to move to Sin City for the 2020 NFL season. Las Vegas has proposed a new $1.9 billion stadium just to the west to the strip. The venue’s horse-shoe shape designed by Manica Architecture, would accommodate an audience of 65,000 spectators, 8,000 cars, tailgating amenities and mixed-use commercial facilities. 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 and revenue.
Work has begun on the massive, 18,000-seat MSG Sphere at The Venetian in Las Vegas. The new venue is set to change live performance in Sin City as we know it, not to mention the famous skyline. This spherical struc-ture will be the first of its kind. The MSG Sphere will fea-ture fully programmable, high-tech video screens on the interior and exterior. Plus, top-notch sound capabilities featuring vibrations from a infrasound haptic floor sys-tem. The MSG Sphere facility is on pace to open in the 2021 fiscal year (July 1, 2020-June 30, 2021).
Las Vegas Convention Center (2017-2024) – A $1.4-billion project that extends to the Strip and will include 600,000 square feet of exhibit hall, outdoor exhibition space and a complete renovation of the existing con-vention space. This expansion will allow for an overflow area for conventions to use while the remaining halls of the main convention center are renovated. Thus, refreshing the beating heart of the Las Vegas valley. With 6 million plus convention attendees visiting us last year.
VEGAS OVERVIEW
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
LAS VEGAS GOLDEN KNIGHTS
LAS VEGAS LIGHTS FC
LAS VEGAS AVIATORS
LAS VEGAS BALLPARK
Las Vegas Lights FC is an American professional soccer team based in Las Vegas, Nevada. The team made its debut in the United Soccer League in 2018 and plays its home games at Cashman Field. The Lights are coached by Eric Wynalda and owned by Brett Lashbrook, who also serves as general manager. The Lights play their home matches at Cashman Field, a stadium in Down-town Las Vegas,it has 9,334 permanent seats and addi-tional standing room capacity.
Las Vegas Aviators formerly known as the Las Vegas 51s and Las Vegas Stars, are a Minor League Baseball team in the Pacific Coast League (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, Nevada in the Las Vegas Valley. It is the home field for the Las Vegas Aviators of the Triple-A Pacific Coast League. The stadium is owned by the Howard Hughes Corporation. Las Vegas Ballpark is located in Downtown Summerlin near the intersection of South Pavilion Center Drive and Summerlin Center Drive next to City National Arena and across the street from the Downtown Sum-merlin shopping center.
The Vegas Golden Knights are a professional ice hockey team based in the Las Vegas metropolitan area that competes in the National Hockey League (NHL). They are members of the Pacific Division of the league’s Western Conference, and began play in the 2017–18 NHL season. The team’s inaugural home game was played on October 10, 2017. The Golden Knights said their colors steel grey, gold, red and black reflect the community and the focus of the team. The grey represents strength and durability; Nevada is the largest producer of gold in the United States; the red is taken from the Las Vegas skyline, desert and Red Rock canyons; and the black represents power and intensity.
VEGAS OVERVIEW
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3065 South Jones Boulevard, Las Vegas, NV 89146 OFFERING MEMORANDUM
Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
POPULATION
NEVADA POPULATION The earliest visitors to the Las Vegas were migrant Paleo-Indians, who travelled here 10,000 years prior, abandoning petroglyphs. Anasazi and Paiute tribes took after no less than 2,000 years back. Las Vegas was established as a city in the year 1905, when 110 acres of land area adjoining the Union Pacific Railroad tracks were unloaded in what might turn into the downtown territory. In the year 1911, Las Vegas was joined as a city.
The landlocked state of Nevada is situated toward the western edge of the United States. It covers a vast area of 110,567 square miles which makes it the seventh largest state in the country in terms of sheer land mass. According to the latest estimates from the Census Bureau, the population of Nevada is 2,890,845.
The current population for Nevada in 2018 is estimated at 3.06 million which is a sizeable increase from its 2.7 million population at the 2010 Census. Nevada currently has one of the strongest growth rates in the country, reflecting a 7.05% population between 2010 and 2015, which ranks 6th in the nation.
*Source: http://worldpopulationreview.com/states/nevada-population/
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Offered by:
Jarrad Katz, SIOR, CCIMExecutive Vice President I PrincipalLic#: [email protected]
Galit KimerlingVice PresidentLic#: [email protected]
Hayim Mizrachi, CCIMPresident I Principal | Broker Lic#: B.0143643.CORP702.388.1800 [email protected]
Service You Deserve. People You Trust.5960 South Jones BoulevardLas Vegas, Nevada 89118T 702.388.1800 | F 702.388.1010www.mdlgroup.com