FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709...

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TYLER JONES +1 702 836 3754 [email protected] CHRIS CONNELL +1 702 836 3709 [email protected] BRIAN RIFFEL +1 702 836 3773 brian.riff[email protected] THE SQUARE Office Condo Development NORTHEAST CORNER OF POST ROAD & TENAYA WAY FOR SALE 22 Units Totaling 36,722 SF Units Ranging From 1,488-2,730 SF 3960 Howard Hughes Parkway, Suite 150 Las Vegas, NV 89169 www.colliers.com/lasvegas

Transcript of FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709...

Page 1: FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709 chris.connell@colliers.com. BRIAN RIFFEL +1 702 836 3773 brian.riffel@colliers.com. THE SQUARE. Office

TYLER JONES +1 702 836 3754 [email protected]

CHRIS CONNELL +1 702 836 3709 [email protected]

BRIAN RIFFEL +1 702 836 3773 [email protected]

THE SQUAREOffice Condo Development NORTHEAST CORNER OF POST ROAD & TENAYA WAY

FOR SALE22 Units Totaling 36,722 SFUnits Ranging From 1,488-2,730 SF

3960 Howard Hughes Parkway, Suite 150Las Vegas, NV 89169

www.colliers.com/lasvegas

Page 2: FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709 chris.connell@colliers.com. BRIAN RIFFEL +1 702 836 3773 brian.riffel@colliers.com. THE SQUARE. Office

TYLER JONES +1 702 836 3754 [email protected]

CHRIS CONNELL +1 702 836 3709 [email protected]

BRIAN RIFFEL +1 702 836 3773 [email protected]

3960 Howard Hughes Parkway, Suite 150Las Vegas, NV 89169

www.colliers.com/lasvegas

Northeast corner of Post Road & Tenaya Way

FOR SALE

The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.

THE SQUARE, IS A NEWLY CONSTRUCTED, OFFICE CONDO DEVELOPMENT IN THE DESIRABLE SOUTHWEST LAS VEGAS SUBMARKET. THE PROJECT IS UNIQUELY DESIGNED WITH MODERN DETAILS AND FINISHES. THE FUNCTIONALITY OF THIS DEVELOPMENT INCLUDES AN OPEN FLOOR PLAN WITH HI SPEED DATA LINES THROUGHOUT, TWO STORY COMPONENTS FEATURING HIGH CEILINGS AND THE HIGHEST QUALITY OF CONSTRUCTION MATERIALS.

Ideally located at the north east corner of Post Road & Tenaya Way, The SQUARE is less than ½ mile to two major arterials (Rainbow Blvd. & Buffalo Rd.), each offering easy access to I-215. This immediate area offers amenities for many small business owners, with retail shopping available at the Arroyo Shopping Center and multiple dining options all within just 10 minutes to McCarran International Airport and the Resort Corridor (the Las Vegas Strip).

COMING 2017

THE SQUAREOffice Condo Development

UNIT 1 ±1,584 SF

UNIT 12 ±1,584 SF

UNIT 13 ±1,920 SF

UNIT 14 ±1,920 SF

UNIT 15 ±1,584 SF

UNIT 16 ±1,488 SF

UNIT 2 ±1,920 SF

UNIT 3 ±1,920 SF

UNIT 4 ±1,584 SF

UNIT 5 ±1,488 SF

UNIT 6 ±1,680 SF

UNIT 17 ±1,680 SF

UNIT 7 ±1,920 SF

UNIT 18 ±1,920 SF

UNIT 19 ±1,728 SF

UNIT 20 ±1,728 SF

UNIT 21 ±1,728 SF

UNIT 8 ±1,728 SF

UNIT 9 ±1,728 SF

UNIT 10 ±1,728 SF

UNIT 11 ±2,730 SF

UNIT 22 ±2,730 SF

Page 3: FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709 chris.connell@colliers.com. BRIAN RIFFEL +1 702 836 3773 brian.riffel@colliers.com. THE SQUARE. Office

3960 Howard Hughes Parkway, Suite 150Las Vegas, NV 89169

www.colliers.com/lasvegas

Northeast corner of Post Road & Tenaya Way

FOR SALE

The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.

PROPERTY HIGHLIGHTS

• Two-story Office Units

• 22 Units Totaling ±36,722 SF

• Units Ranging From ±1,488 – ±2,730 SF

• Pricing $195 PSF ($290,160) To ($532,350)

• Covered and Open Parking Provided

• Zoned CP- Office

• Convenient Access to 215 at Buffalo or Rainbow

• Turn Key Finished Units

• Open Floor Plans with Finished Loft

• Hi Speed Data Throughout

• Fire Sprinkler System

• Ideal for Accounting, Architectural,

Insurance and Technology Firms

DETAILS OF FINISHING• Architectural LED lighting with matching trim throughout.• 10’ High ceilings throughout• 1st floor to be architectural stained concrete. • High End Industrial grade carpet on 2nd floor of all units.• Tile to be 6”-12”x24” in all bathroom suites with accents in shower tile. • Luxury bath fixtures.• Timely door & door hardware Brushed Aluminum• Windows are S.F. Glazing - 1” Annealed energy advantage low-e over

1” clear with 2x4 ½ clear anodized w/closers on all suite doors• Cabinetry is fully backed, faced, w/mulleins and toe kicks• Insulation to be R-38 roof & R-19 walls• Data and Power infrastructure include Internet CAT6 & RG6 throughout

and power supplied includes 110/220v 3 phase w/USB power points throughout suites

• Intense landscaping buffer w/trees every 10-20 feet

TYLER JONES +1 702 836 3754 [email protected]

CHRIS CONNELL +1 702 836 3709 [email protected]

BRIAN RIFFEL +1 702 836 3773 [email protected]

COMING 2017

THE SQUAREOffice Condo Development

Page 4: FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709 chris.connell@colliers.com. BRIAN RIFFEL +1 702 836 3773 brian.riffel@colliers.com. THE SQUARE. Office

3960 Howard Hughes Parkway, Suite 150Las Vegas, NV 89169

www.colliers.com/lasvegas

Northeast corner of Post Road & Tenaya Way

FOR SALE

The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.

TYLER JONES +1 702 836 3754 [email protected]

CHRIS CONNELL +1 702 836 3709 [email protected]

BRIAN RIFFEL +1 702 836 3773 [email protected]

COMING 2017

THE SQUAREOffice Condo Development

22 Units Totaling 36,722 SFUnits Ranging From 1,488-2,730 SF

Page 5: FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709 chris.connell@colliers.com. BRIAN RIFFEL +1 702 836 3773 brian.riffel@colliers.com. THE SQUARE. Office

3960 Howard Hughes Parkway, Suite 150Las Vegas, NV 89169

www.colliers.com/lasvegas

WEST SUNSET ROAD

WEST POST ROAD

WEST PATRICK LANESO

UTH

BUFF

ALO

DRIV

ESUBJECT

Northeast corner of Post Road & Tenaya Way

FOR SALE

The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.

AERIAL

TYLER JONES +1 702 836 3754 [email protected]

CHRIS CONNELL +1 702 836 3709 [email protected]

BRIAN RIFFEL +1 702 836 3773 [email protected]

COMING 2017

THE SQUAREOffice Condo Development

SOUT

H RA

INBO

W B

OULE

VARD

IGT PARK WEST

BOYDGAMING

THE ARROYO

SOUT

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NAYA

WAY

Page 6: FOR SALE THE SQUARE - LoopNet · 2016-12-09 · CHRIS CONNELL +1 702 836 3709 chris.connell@colliers.com. BRIAN RIFFEL +1 702 836 3773 brian.riffel@colliers.com. THE SQUARE. Office

3960 Howard Hughes Parkway, Suite 150Las Vegas, NV 89169

www.colliers.com/lasvegas

Northeast corner of Post Road & Tenaya Way

FOR SALE

The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.

TYLER JONES +1 702 836 3754 [email protected]

CHRIS CONNELL +1 702 836 3709 [email protected]

BRIAN RIFFEL +1 702 836 3773 [email protected]

COMING 2017

THE SQUAREOffice Condo Development

BUILDINGS 1,4,12,15

BUILDINGS 2,3,7,13,14,18

BUILDINGS 5,16

BUILDINGS 6,17

BUILDINGS 11, 22

BUILDINGS 8,9,10,19,20,21

SQUARE FOOTAGE/PSF ±1,584 SF / $195.00 PSF ±1,920 SF / $195.00 PSF ±1,488 SF / $195.00 PSF ±1,680 SF / $195.00 PSF ±2,730 SF / $195.00 PSF ±1,728 SF / $195.00 PSF

Purchase Price $308,880.00 $374,400.00 $290,160.00 $327,600.00 $532,350.00 $336,960.00

Est. Borrowers Equity $32,479.00 $39,200 $30,596.00 $34,400.00 $55,368.00 $35,360.00

Financed Amount $292,400.00 $352,700 $275,160.00 $309,628.00 $498,100.00 $318,241.00

TOTAL Project Cost(s)** $324,879.00 $391,900 $305,729.00 $344,028.00 $553,468.00 $353,601.00

Interest Rate 5% 5% 5% 5% 5% 5%

Total Est Monthly Payment/PSF Excludes Association fees, Property

Taxes, ETC. $1,709.00 / $0.93 $2,062.00 / $0.93 $1,609.00 / $0.92 $1,810.00 / $0.93 $2,912.00 / $0.94 $1,860.00 / $0.93

*all figures provided by Meadows Bank via SBA 7a Loan Program - all rates and figures are subject to change without notice

** includes Third Party Fees, SBA Guarantee Fees and Lender Fees, Etc.

THE SQUARE FINANCING OPTIONS*