CANYON RIDGEBUSINESS PARKSEC Russell Rd. & Durango Dr., Las Vegas, NV 8913

FOR SALE - GREY SHELL OFFICE BUILDINGSRANGING FROM 5,000, 7,500 AND 10,000 SF

CANYON RIDGE BUSINESS PARKPROPERTY HIGHLIGHTS

Situated in the heart of the fastest growing area in the Las Vegas Valley

Buildings can be purchased in the following square foot ranges: 5,000 sf, 7,500 sf and 10,000 sf

Prime location in the southwest near 3 major hospitals

+/-5 : 1,000 sf parking ratio

Grey shell buildings ranging from 5,000 to 10,000 sf

High income and large population in surrounding area

High visibility location with all buildings fronting Durango

+/- 40,000 cars per day pass the Canyon Ridge site

Covered parking available

Convenient access to the I-215, I-15 and US 95 freeways

Numerous restaurants and business amenities nearby

All uildings are single story fee simple

LOCATIONSEC RUSSELL RD. AND

DURANGO DR.

TOTAL NUMBER OF BUILDINGS

7

SALE PRICE$245.00 - $255.00PSF

SQUARE FOOTAGE RANGE OF BUILDINGS

+/- 5,000 to 10,000 SF

PARKING+/- 5/1,000 SF

CANYON RIDGE BUSINESS PARK

WHY SHOULD YOU OWN YOUR BUILDING VERSUS LEASING?

In today’s market, a monthly mortgage payment is usually less expensive than a monthly lease payment.

Stabilizing Occupancy Cost

A renter is subject to fl uctuating market conditions, while an owner can fi x his occupancy cost via a mortgage.

Fixed Occupancy Cost

Owning an offi ce building makes a positive statement to customers and clients.

Prestige

In most cases, the largest asset a small or medium size company will have is their offi ce building.

Asset Accumulation

The benefi t of mortgage interest tax deductions and depreciation write-offs.

Signifi cant Tax Advantages

CANYON RIDGE BUSINESS PARK

NOTNOTA A

PARTPART

Bldg. 1B5,000 SF

Bldg. 1A5,000 SF Bldg. 3

7,500 SFBldg. 2

7,500 SFBldg. 4

10,000 SFBldg. 5

10,000 SF

Bldg. 6A5,000 SF

Bldg. 6B5,000 SF

Bldg. 6A10,000 SF

+/-260'

+/-894'

+/-894'

R-30'

+/-289'

20 22 24 32 4745 5051 541 2 3 4 5 6 7 8 910 1112131415161718 19 21 23 28 342725 26 3029 31 4033 3635 3837 4239 41 4944 4643 5248 5853 616055 5657 59 6263 6564

SITE PLAN

DURANGO DRIVE

RUSS

ELL

ROA

D

AREA AMENITIES AND DEMOGRAPHICS

CANYON RIDGE BUSINESS PARK

SUMMARY PROFILE2000-2010 Census, 2018 Estimates with 2023 Projections

Lat/Lon: 36.0851/-115.2792RS1

W Russell Rd & S Durango Dr1 mi radius 3 mi radius 5 mi radius

Las Vegas, NV 89113

POPU

LATI

ON

2018 Estimated Population 9,569 134,602 324,221

2023 Projected Population 10,634 148,743 358,062

2010 Census Population 6,905 115,578 282,217

2000 Census Population 3,308 56,675 156,245

Projected Annual Growth 2018 to 2023 2.2% 2.1% 2.1%

Historical Annual Growth 2000 to 2018 10.5% 7.6% 6.0%

2018 Median Age 38 37.8 38.2

HO

USE

HO

LDS

2018 Estimated Households 4,004 54,292 131,590

2023 Projected Households 4,267 57,627 139,551

2010 Census Households 2,901 45,803 112,874

2000 Census Households 1,413 22,425 64,132

Projected Annual Growth 2018 to 2023 1.3% 1.2% 1.2%

Historical Annual Growth 2000 to 2018 10.2% 7.9% 5.8%

RAC

E AN

DET

HN

ICIT

Y

2018 Estimated White 56.0% 54.7% 55.2%

2018 Estimated Black or African American 11.2% 10.2% 10.7%

2018 Estimated Asian or Pacific Islander 19.1% 22.0% 20.4%

2018 Estimated American Indian or Native Alaskan 0.5% 0.5% 0.5%

2018 Estimated Other Races 13.2% 12.6% 13.1%

2018 Estimated Hispanic 18.3% 18.9% 19.5%IN

CO

ME 2018 Estimated Average Household Income $90,406 $76,012 $78,373

2018 Estimated Median Household Income $70,114 $63,529 $65,130

2018 Estimated Per Capita Income $37,832 $30,667 $31,825

EDU

CAT

ION

(AG

E 25

+)

2018 Estimated Elementary (Grade Level 0 to 8) 3.8% 4.6% 4.3%

2018 Estimated Some High School (Grade Level 9 to 11) 5.2% 5.1% 5.4%

2018 Estimated High School Graduate 29.6% 29.2% 28.7%

2018 Estimated Some College 27.6% 25.6% 25.4%

2018 Estimated Associates Degree Only 8.2% 8.9% 8.6%

2018 Estimated Bachelors Degree Only 17.6% 19.3% 19.8%

2018 Estimated Graduate Degree 8.0% 7.3% 7.8%

BUSI

NES

S 2018 Estimated Total Businesses 979 5,694 14,485

2018 Estimated Total Employees 9,399 50,721 141,017

2018 Estimated Employee Population per Business 9.6 8.9 9.7

2018 Estimated Residential Population per Business 9.8 23.6 22.4

CANYONRIDGE

BUSINESSPARK

NEARBY HOSPITALS

CANYON RIDGE BUSINESS PARK

Buffa

lo D

rive

Buffa

lo D

rive

Sunset RoadSunset Road

Russell RoadRussell Road

Dur

ang

o D

rive

Dur

ang

o D

rive

Warm Springs RoadWarm Springs Road

CANYONRIDGE

BUSINESSPARK

Health SouthRehabilitation

Hospital

Southern HillsHospital

Dignity HealthSt. Rose DominicanSan Martin Campus

Spring ValleyHospital

KindredCare

FOR MORE INFORMATIONPLEASE CONTACT:

David Scherer

Newmark Knight Frank3930 Howard Hughes Pkwy., Suite 180Las vegas, NV 89169

Jake Peevyhouse Ken Marrama

Michael Hsu

702.733.7500

A PROJECTDEVELOPED BY:

Investment Equity Developers have developed over +/- 3,800,000 square feet of commercial projects includ-ing; mixed use, retail centers, offi ce buildings, industrial parks, apartment complexes, residential subdivisions and over 600,000 sf of grey shell offi ce/condos in the Las Vegas and Phoenix markets.

CANYON RIDGEBUSINESS PARK

PROFESSIONAL AND MEDICAL

OFFICE FEE SIMPLE BUILDINGS FOR SALE