100% HVAC Warehouse w/Retail Showroom · 2020-06-09 · 2818 PAINTED ROSE 2580 E Sunset Las Vegas...

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SportCo -100% HVAC Industrial/Showroom 2580 E Sunset, Las Vegas NV 89120 100% HVAC Warehouse w/Retail Showroom O F F E R I N G M E M O R A N D U M

Transcript of 100% HVAC Warehouse w/Retail Showroom · 2020-06-09 · 2818 PAINTED ROSE 2580 E Sunset Las Vegas...

Page 1: 100% HVAC Warehouse w/Retail Showroom · 2020-06-09 · 2818 PAINTED ROSE 2580 E Sunset Las Vegas NV 89120 COUNTY Clark MARKET Las Vegas SUBMARKET Airport NET RENTABLE AREA (SF) 7,749

SportCo -100% HVAC Industrial/Showroom2580 E Sunset, Las Vegas NV 89120

100% HVAC Warehouse w/Retail Showroom

O F F E R I N G M E M O R A N D U M

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SportCo -100% HVAC Industrial/Showroom CONTENTS

Exclusively Marketed by:

Colt AmidanManaging Director

(702) [email protected]

Scott HurlburtManaging Director

(702) [email protected]

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct yourown investigation of the property and transaction.

01 Executive Summary Investment Summary 4 Location Summary 5

02 Property Description Property Features 6 Aerial Map 7 Floor Plan 8 Property Images 9

03 Demographics Demographics 10 Demographic Charts 12

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The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Simply Vegas Commercialand it should not be made available to any other person or entity without the written consent of Simply Vegas Commercial. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees thatrecipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this offering memorandum to Simply VegasCommercial. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level ofinterest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Simply Vegas Commercial has not made any investigation, and makes no warranty or representationwith respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, thepresence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financialcondition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Simply Vegas Commercial has not verified, and will not verify, any of theinformation contained herein, nor has Simply Vegas Commercial conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracyor completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for theircosts and expenses of investigating the subject property.

SportCo -100% HVAC Industrial/Showroom Confidentiality and Disclaimer | 03

CONFIDENTIALITY AND DISCLAIMER

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONTACT SIMPLY VEGAS COMMERCIAL FOR MORE DETAILS.Copyright © 2020 CREOP, LLC. All Rights Reserved.

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SportCo -100% HVAC Industrial/Showroom Investment Summary | 04

OFFERING SUMMARY2818 PAINTED ROSE 2580 E Sunset

Las Vegas NV 89120COUNTY ClarkMARKET Las VegasSUBMARKET AirportNET RENTABLE AREA (SF) 7,749 SFLAND SF 22,651 SFYEAR BUILT 1998APN 162-36-410-029OWNERSHIP TYPE Fee Simple

FINANCIAL SUMMARYOFFERING PRICE $1,395,000PRICE PSF $180.02

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 2,916 136,264 404,1602019 Median HH Income $54,489 $55,705 $54,3282019 Average HH Income $82,493 $75,836 $73,847

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SportCo -100% HVAC Industrial/Showroom Location Summary | 05

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SportCo -100% HVAC Industrial/Showroom Property Features | 06

PROPERTY FEATURESNUMBER OF UNITS 1NET RENTABLE AREA (SF) 7,749LAND SF 22,651LAND ACRES 0.52YEAR BUILT 1998# OF PARCELS 1ZONING TYPE M-1BUILDING CLASS BLOCATION CLASS BNUMBER OF STORIES 2NUMBER OF BUILDINGS 1NUMBER OF PARKING SPACES 38CEILING HEIGHT 18'DOCK HIGH DOORS 0GRADE LEVEL DOORS 1OFFICE TO WAREHOUSE RATIO 50%

MECHANICALFIRE SPRINKLERS NoneELECTRICAL / POWER 120/240V 600 AMP

CONSTRUCTIONFOUNDATION ConcreteFRAMING Wood FrameEXTERIOR StuccoPARKING SURFACE AsphaltROOF FlatLANDSCAPING Desert

TENANT INFORMATIONMAJOR TENANT/S SportCoLEASE TYPE Month to Month

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SportCo -100% HVAC Industrial/Showroom Aerial Map | 07

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SportCo -100% HVAC Industrial/Showroom Floor Plan | 08

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SportCo -100% HVAC Industrial/Showroom Property Images | 09

Retail - Showroom 100% HVAC Warehouse

38 Parking Spaces & 8'X8' Grade Door Mezzanine

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SportCo -100% HVAC Industrial/Showroom Demographics | 10

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 2,773 122,225 327,015

2010 Population 2,746 128,495 369,307

2019 Population 2,916 136,264 404,160

2024 Population 3,075 143,620 431,307

2019 African American 231 12,936 40,695

2019 American Indian 17 965 3,077

2019 Asian 250 11,631 38,441

2019 Hispanic 869 41,873 126,664

2019 Other Race 406 18,775 57,800

2019 White 1,816 82,150 234,663

2019 Multiracial 164 8,411 25,708

2019-2024: Population: Growth Rate 5.35 % 5.30 % 6.55 %

2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 78 5,406 18,112

$15,000-$24,999 136 4,875 14,678

$25,000-$34,999 165 5,878 16,994

$35,000-$49,999 179 7,613 23,170

$50,000-$74,999 192 11,141 32,419

$75,000-$99,999 167 7,019 20,171

$100,000-$149,999 142 6,932 20,958

$150,000-$199,999 62 3,275 8,366

$200,000 or greater 88 2,355 6,815

Median HH Income $54,489 $55,705 $54,328

Average HH Income $82,493 $75,836 $73,847

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 774 52,306 145,024

2010 Total Households 1,149 51,903 149,218

2019 Total Households 1,209 54,493 161,682

2024 Total Households 1,267 57,203 171,973

2019 Average Household Size 2.41 2.48 2.49

2000 Owner Occupied Housing 601 26,994 71,733

2000 Renter Occupied Housing 490 22,134 60,957

2019 Owner Occupied Housing 548 25,374 73,627

2019 Renter Occupied Housing 661 29,119 88,056

2019 Vacant Housing 116 6,458 34,309

2019 Total Housing 1,325 60,951 195,991

2024 Owner Occupied Housing 583 27,140 79,880

2024 Renter Occupied Housing 684 30,063 92,092

2024 Vacant Housing 117 6,633 37,486

2024 Total Housing 1,384 63,836 209,459

2019-2024: Households: Growth Rate 4.70 % 4.90 % 6.20 %

Source: esri

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SportCo -100% HVAC Industrial/Showroom Demographics | 11

2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2019 Population Age 30-34 237 10,637 30,777

2019 Population Age 35-39 205 9,668 29,088

2019 Population Age 40-44 176 8,527 25,802

2019 Population Age 45-49 191 8,426 25,809

2019 Population Age 50-54 210 8,629 25,862

2019 Population Age 55-59 221 9,228 27,039

2019 Population Age 60-64 203 8,851 25,218

2019 Population Age 65-69 177 7,796 22,011

2019 Population Age 70-74 145 6,246 17,734

2019 Population Age 75-79 94 4,168 11,718

2019 Population Age 80-84 62 2,598 7,305

2019 Population Age 85+ 65 2,626 6,619

2019 Population Age 18+ 2,433 111,088 325,058

2019 Median Age 42 40 39

2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $50,352 $53,480 $54,594

Average Household Income 25-34 $77,026 $69,872 $70,267

Median Household Income 35-44 $60,571 $59,638 $60,728

Average Household Income 35-44 $98,656 $82,120 $82,690

Median Household Income 45-54 $64,409 $68,207 $66,084

Average Household Income 45-54 $91,709 $91,951 $89,149

Median Household Income 55-64 $64,096 $63,326 $57,969

Average Household Income 55-64 $89,467 $83,376 $78,378

Median Household Income 65-74 $54,945 $55,177 $50,822

Average Household Income 65-74 $78,494 $73,450 $67,599

Average Household Income 75+ $53,394 $52,336 $49,210

2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2024 Population Age 30-34 245 11,140 33,899

2024 Population Age 35-39 234 10,714 31,483

2024 Population Age 40-44 202 9,733 29,309

2024 Population Age 45-49 177 8,402 25,548

2024 Population Age 50-54 193 8,518 25,861

2024 Population Age 55-59 206 8,620 25,977

2024 Population Age 60-64 212 9,311 27,066

2024 Population Age 65-69 194 8,518 24,572

2024 Population Age 70-74 164 7,041 20,219

2024 Population Age 75-79 131 5,496 15,588

2024 Population Age 80-84 80 3,339 9,337

2024 Population Age 85+ 79 2,929 7,622

2024 Population Age 18+ 2,545 117,175 347,174

2024 Median Age 43 40 39

2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $58,039 $59,678 $61,628

Average Household Income 25-34 $86,975 $79,524 $81,146

Median Household Income 35-44 $77,787 $71,953 $73,644

Average Household Income 35-44 $115,397 $95,448 $96,225

Median Household Income 45-54 $77,198 $77,347 $75,675

Average Household Income 45-54 $106,112 $103,724 $101,237

Median Household Income 55-64 $76,139 $72,352 $66,670

Average Household Income 55-64 $104,388 $95,167 $91,233

Median Household Income 65-74 $61,906 $61,303 $56,595

Average Household Income 65-74 $90,265 $84,365 $78,734

Average Household Income 75+ $62,450 $62,056 $58,317

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SportCo -100% HVAC Industrial/Showroom Demographic Charts | 12

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Population by Race

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SportCo -100% HVAC Industrial/Showroom Demographic Charts | 13

2019 Household Occupancy - 1 Mile Radius

Average Income Median Income

2019 Household Income Average and Median

Page 14: 100% HVAC Warehouse w/Retail Showroom · 2020-06-09 · 2818 PAINTED ROSE 2580 E Sunset Las Vegas NV 89120 COUNTY Clark MARKET Las Vegas SUBMARKET Airport NET RENTABLE AREA (SF) 7,749

SportCo -100% HVAC Industrial/Showroom

Exclusively Marketed by:

Colt AmidanManaging Director

(702) [email protected]

Scott HurlburtManaging Director

(702) [email protected]

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