14
C2 ZONED COMMERCIAL LAND • ± 21.35 ACRES SEC N Rancho Drive & W Cheyenne Avenue 3100 North Rancho Drive, North Las Vegas, Nevada 89130

C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

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Page 1: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESSEC N Rancho Drive & W Cheyenne Avenue3100 North Rancho Drive, North Las Vegas, Nevada 89130

Page 2: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

2

ContaCt team

Paul ChaffeeSenior Vice President

[email protected]

Wil ChaffeeSenior Vice President

[email protected]

Rob MooreSenior Vice President

[email protected]

Exclusively listed by: Sun Commercial Real Estate, Inc.:6140 Brent Thurman Way, Suite 140, Las Vegas, Nevada 89148

702 | 968 | 7300 Ph • 702 | 968 | 7301 Faxwww.SunCommercialRE.com

Page 3: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 3

Confidentiality & disClosure

SUN COMMERCIAL REAL ESTATE, INC. (the “Broker”) has been retained on an exclusive basis to market the property described herein (the “Property”). Broker has been authorized by the Seller of the Property (the “Seller”) to prepare and distribute the enclosed information (the “Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate.

The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker , nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma.

Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto.

Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information.

Cathy Jones, CPA, SIOR, [email protected]

Page 4: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 4

Property SummarySurrounding Aerial Map - Facing SouthSurrounding Aerial Map - Facing EastSurrounding Aerial Map - Facing West

Las Vegas Valley Location MapAssessor Parcel Map

Area Demographics

Property Overview

Location Overview

Market Overview

Section 1

Section 2

Section 3

table of Contents

Page 5: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

ProPerty summary

Assessor Parcel Number:Zoning:

Site Size - Acres:Site Size - SF:

Frontage:

List Price:

138-13-505-001C-2 (General Commercial)± 21.35± 930,006± 1,048’ along W. Cheyenne Avenue± 1,398’ along N. Rancho Drive± 910’ along N. Decatur Boulevard$5,300,000

OFFERING

Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase 21.35 acres of vacant, unimproved land, zoned C-2 (General Commercial) within Clark County in the North/Northwest Las Vegas Submarket. The subject is bordered on all sides by W Cheyenne Avenue to the north, N Decatur Boulevard to the east and N Rancho Drive on the southwest with signals on all three corners providing incredible access and visibility to approximately 81,000 cars per day combined.

OFFERING HIGHLIGHTS

• ± 21.35 Contiguous Acres• Easily accessible site via major highways, business routes

and RTC bus routes• Amazing traffic counts on each side of the property totaling

over 81,000 cars per day• Well established commercial area with a great mix of uses• Surrounded by a large residential demographic

PROPERTY LOCATION

The property is located on the southeast corner of N Rancho Drive and W Cheyenne Avenue with the civic address of 3100 N Rancho Drive, Las Vegas, Nevada adjacent to the North Las Vegas Airport. The subjects location is easily accessible via the 215 Beltway to the north, US 95 to the west & south and the I-15 to the east providing for convenient access to / from all parts of the valley.

PROPERTY DESCRIPTION

The subject is described as 21.35 gross acres of vacant, unimproved land bordered by three main roads with signals on all three intersections providing for clear, unimpeded visibility to over 81,000 cars per day. The property currently provides income from three separate billboards currently on the property.

53100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM

Page 6: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 6

surrounding aerial maP - faCing south

SUBJECT PROPERTY

W Cheyenne Avenue

North Las Vegas Airport

Downtown Las Vegas The Las Vegas Strip

Bella Fiore ApartmentsAlterra Apartments Smoke Ranch

Villas

±24,000 CPD

N Decatur Boulevard

±29,000 CPD

Rancho Drive

±28,000 CPD

Texas Station Casino

Page 7: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 7

surrounding aerial maP - faCing east

Red Feather

SUBJECT PROPERTY

Clark County Aviation

±29,000 CPD

W Cheyenne Avenue

N Decatur Boulevard ±24,000 CPD

Cheyenne Technology Corridor

Page 8: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 8

surrounding aerial maP - faCing West

Tonopah Plaza

W Cheyenne AvenueRancho Drive

SUBJECT PROPERTY

The Cottages Apartments

Rancho Park Apartments

Northpointe Apartments

±28,000 CPD

±29,000 CPD

Page 9: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 9

las Vegas Valley loCation maP

Page 10: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 10

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NO

TES

This map is for assessment use only and does NOT represent a survey.

No liability is assumed for the accuracy of the data deliniated herein.Information on roads and other non-assessed parcels may be obtainedfrom the Road Document Listing in the Assessor's Office.

This map is compiled from official records, including surveys and deeds,but only contains the information required for assessment. See therecorded documents for more detailed legal information.

MA

PLE

GE

ND

USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL

ASSESSOR'S PARCELS - CLARK CO., NV.

Scale: 1" = 200 ' 02/09/2011

T20S R60E 13 N 2 NE 4 138-13-5

31

30

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6 5 4 3 2

3635343332

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PARCEL BOUNDARYSUB BOUNDARY

ROAD EASEMENTPM/LD BOUNDARY

HISTORIC LOT LINEMATCH / LEADER LINE

ROAD PARCEL NUMBERPARCEL NUMERACREAGE

PARCEL SUB/SEQ NUMBER

PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER

10010011.00

202PB 24-45

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HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY

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Rev:

TAX DIST

0 200 400 600 800100 SECTION LINE

CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL

176

100 101099098 102

124126 125

136 138137 139

161162163164165

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Michele W. Shafe - Assessor

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COUNTRY LANE - PHASE 2COUNTRY LANE - PHASE 1

TONOPAH PLAZA

PB 10-11

60

017

018580

PM 89-85150

028

162.3

PM 14-73

CHARLESTON HEIGHTS TRACT

2

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TRACT NO 54-CPM

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This map is for assessment use only and does NOT represent a survey.

No liability is assumed for the accuracy of the data deliniated herein.Information on roads and other non-assessed parcels may be obtainedfrom the Road Document Listing in the Assessor's Office.

This map is compiled from official records, including surveys and deeds,but only contains the information required for assessment. See therecorded documents for more detailed legal information.

MA

PLE

GE

ND

USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL

ASSESSOR'S PARCELS - CLARK CO., NV.

Scale: 1" = 200 ' 02/09/2011

T20S R60E 13 N 2 NE 4 138-13-5

31

30

19

1

1314

121110987

6 5 4 3 2

3635343332

29 28 27 26

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250,200

PARCEL BOUNDARYSUB BOUNDARY

ROAD EASEMENTPM/LD BOUNDARY

HISTORIC LOT LINEMATCH / LEADER LINE

ROAD PARCEL NUMBERPARCEL NUMERACREAGE

PARCEL SUB/SEQ NUMBER

PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER

10010011.00

202PB 24-45

55

GL5

HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY

15

8 4

Rev:

TAX DIST

0 200 400 600 800100 SECTION LINE

CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL

176

100 101099098 102

124126 125

136 138137 139

161162163164165

174 179177 178

123127

160

175

140

Michele W. Shafe - Assessor

assessor ParCel maP

Page 11: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 11

Demographic and Income Profile3100 N Rancho Dr, Las Vegas, Nevada, 89130 Prepared by EsriRing: 1 mile radius Latitude: 36.21486

Longitude: -115.20986

Summary Census 2010 2017 2022Population 15,342 16,480 17,532Households 5,402 5,723 6,061Families 3,684 3,876 4,097Average Household Size 2.78 2.82 2.84Owner Occupied Housing Units 2,783 2,707 2,841Renter Occupied Housing Units 2,619 3,016 3,220Median Age 35.8 37.2 37.6

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.25% 1.52% 0.83%Households 1.15% 1.40% 0.79%Families 1.12% 1.36% 0.71%Owner HHs 0.97% 1.39% 0.72%Median Household Income 1.57% 1.45% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 628 11.0% 673 11.1%$15,000 - $24,999 704 12.3% 701 11.6%$25,000 - $34,999 842 14.7% 809 13.3%$35,000 - $49,999 765 13.4% 740 12.2%$50,000 - $74,999 1,058 18.5% 984 16.2%$75,000 - $99,999 732 12.8% 859 14.2%$100,000 - $149,999 578 10.1% 745 12.3%$150,000 - $199,999 213 3.7% 276 4.6%$200,000+ 202 3.5% 273 4.5%

Median Household Income $48,011 $51,905Average Household Income $64,754 $73,900Per Capita Income $24,411 $27,344

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,172 7.6% 1,148 7.0% 1,218 6.9%5 - 9 1,094 7.1% 1,080 6.6% 1,091 6.2%10 - 14 1,068 7.0% 1,076 6.5% 1,123 6.4%15 - 19 1,095 7.1% 1,020 6.2% 1,077 6.1%20 - 24 1,016 6.6% 1,118 6.8% 1,095 6.2%25 - 34 2,056 13.4% 2,340 14.2% 2,560 14.6%35 - 44 2,045 13.3% 2,018 12.2% 2,201 12.6%45 - 54 2,148 14.0% 2,082 12.6% 2,045 11.7%55 - 64 1,690 11.0% 2,030 12.3% 2,087 11.9%65 - 74 1,120 7.3% 1,531 9.3% 1,745 10.0%75 - 84 571 3.7% 702 4.3% 911 5.2%

85+ 269 1.8% 335 2.0% 378 2.2%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 8,273 53.9% 8,096 49.1% 7,989 45.6%Black Alone 2,892 18.9% 3,435 20.8% 3,839 21.9%American Indian Alone 149 1.0% 157 1.0% 163 0.9%Asian Alone 626 4.1% 741 4.5% 864 4.9%Pacific Islander Alone 95 0.6% 102 0.6% 112 0.6%Some Other Race Alone 2,560 16.7% 3,066 18.6% 3,572 20.4%Two or More Races 747 4.9% 882 5.4% 993 5.7%

Hispanic Origin (Any Race) 4,824 31.4% 5,708 34.6% 6,507 37.1%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

November 20, 2017

©2017 Esri Page 1 of 6

Demographic and Income Profile3100 N Rancho Dr, Las Vegas, Nevada, 89130 Prepared by EsriRing: 1 mile radius Latitude: 36.21486

Longitude: -115.20986

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

21.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K11.0%

$15K - $24K12.3%

$25K - $34K14.7%

$35K - $49K13.4%

$50K - $74K18.5%

$75K - $99K12.8%

$100K - $149K10.1%

$150K - $199K3.7%

$200K+3.5%

2017 Population by Race2017 Population by Race

Perc

ent

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 34.6%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

November 20, 2017

©2017 Esri Page 2 of 6

area demograPhiCs (1 mile radius)

Page 12: C2 ZONED COMMERCIAL LAND • ± 21.35 ACRESimages2.loopnet.com/d2/99avGJ3zQxurNTQNCgE9r9KcyugyWrvFJYQD6LIGr6Q/...upon an assessment of price, terms, ... PM 89-85 0 028 3 PM 14-73 CHARLESTON

3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 12

Demographic and Income Profile3100 N Rancho Dr, Las Vegas, Nevada, 89130 Prepared by EsriRing: 3 mile radius Latitude: 36.21486

Longitude: -115.20986

Summary Census 2010 2017 2022Population 167,833 181,128 193,965Households 58,095 61,795 65,752Families 39,675 41,915 44,516Average Household Size 2.87 2.91 2.93Owner Occupied Housing Units 32,338 31,909 33,781Renter Occupied Housing Units 25,757 29,886 31,971Median Age 33.9 34.9 35.3

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.38% 1.52% 0.83%Households 1.25% 1.40% 0.79%Families 1.21% 1.36% 0.71%Owner HHs 1.15% 1.39% 0.72%Median Household Income 0.95% 1.45% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 7,727 12.5% 8,527 13.0%$15,000 - $24,999 7,474 12.1% 7,716 11.7%$25,000 - $34,999 7,677 12.4% 7,528 11.4%$35,000 - $49,999 10,030 16.2% 9,926 15.1%$50,000 - $74,999 12,357 20.0% 11,580 17.6%$75,000 - $99,999 7,840 12.7% 9,272 14.1%$100,000 - $149,999 5,713 9.2% 7,300 11.1%$150,000 - $199,999 1,772 2.9% 2,311 3.5%$200,000+ 1,206 2.0% 1,594 2.4%

Median Household Income $46,133 $48,358Average Household Income $59,104 $65,821Per Capita Income $20,708 $22,809

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 13,044 7.8% 13,154 7.3% 14,136 7.3%5 - 9 12,544 7.5% 12,736 7.0% 13,501 7.0%10 - 14 12,369 7.4% 12,343 6.8% 13,393 6.9%15 - 19 12,551 7.5% 11,851 6.5% 12,518 6.5%20 - 24 11,892 7.1% 13,015 7.2% 12,479 6.4%25 - 34 24,136 14.4% 27,857 15.4% 30,274 15.6%35 - 44 23,509 14.0% 23,134 12.8% 25,747 13.3%45 - 54 22,903 13.6% 22,770 12.6% 22,241 11.5%55 - 64 17,115 10.2% 20,665 11.4% 21,851 11.3%65 - 74 10,544 6.3% 14,537 8.0% 16,745 8.6%75 - 84 5,443 3.2% 6,703 3.7% 8,424 4.3%

85+ 1,784 1.1% 2,365 1.3% 2,654 1.4%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 90,334 53.8% 89,696 49.5% 89,755 46.3%Black Alone 27,792 16.6% 32,670 18.0% 36,455 18.8%American Indian Alone 1,346 0.8% 1,459 0.8% 1,538 0.8%Asian Alone 7,822 4.7% 9,286 5.1% 10,849 5.6%Pacific Islander Alone 1,218 0.7% 1,336 0.7% 1,484 0.8%Some Other Race Alone 30,359 18.1% 36,044 19.9% 41,825 21.6%Two or More Races 8,962 5.3% 10,637 5.9% 12,059 6.2%

Hispanic Origin (Any Race) 61,018 36.4% 71,525 39.5% 81,189 41.9%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

November 20, 2017

©2017 Esri Page 3 of 6

Demographic and Income Profile3100 N Rancho Dr, Las Vegas, Nevada, 89130 Prepared by EsriRing: 3 mile radius Latitude: 36.21486

Longitude: -115.20986

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

21.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K12.5%

$15K - $24K12.1%

$25K - $34K12.4%

$35K - $49K16.2%

$50K - $74K20.0%

$75K - $99K12.7%

$100K - $149K9.2%

$150K - $199K2.9%

$200K+2.0%

2017 Population by Race2017 Population by Race

Perc

ent

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 39.5%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

November 20, 2017

©2017 Esri Page 4 of 6

area demograPhiCs (3 mile radius)

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3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 13

Demographic and Income Profile3100 N Rancho Dr, Las Vegas, Nevada, 89130 Prepared by EsriRing: 5 mile radius Latitude: 36.21486

Longitude: -115.20986

Summary Census 2010 2017 2022Population 422,433 457,274 490,094Households 146,716 156,605 166,859Families 100,021 106,144 112,939Average Household Size 2.82 2.86 2.88Owner Occupied Housing Units 87,371 87,485 92,918Renter Occupied Housing Units 59,345 69,120 73,941Median Age 35.4 36.4 36.6

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.40% 1.52% 0.83%Households 1.28% 1.40% 0.79%Families 1.25% 1.36% 0.71%Owner HHs 1.21% 1.39% 0.72%Median Household Income 0.84% 1.45% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 18,476 11.8% 20,358 12.2%$15,000 - $24,999 16,334 10.4% 16,895 10.1%$25,000 - $34,999 17,978 11.5% 17,664 10.6%$35,000 - $49,999 24,299 15.5% 23,985 14.4%$50,000 - $74,999 30,516 19.5% 28,499 17.1%$75,000 - $99,999 20,731 13.2% 24,083 14.4%$100,000 - $149,999 17,473 11.2% 21,858 13.1%$150,000 - $199,999 6,122 3.9% 7,707 4.6%$200,000+ 4,667 3.0% 5,801 3.5%

Median Household Income $50,647 $52,809Average Household Income $66,038 $73,299Per Capita Income $23,260 $25,553

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 30,150 7.1% 30,752 6.7% 33,326 6.8%5 - 9 30,575 7.2% 30,142 6.6% 31,943 6.5%10 - 14 30,890 7.3% 30,365 6.6% 32,034 6.5%15 - 19 31,135 7.4% 29,601 6.5% 30,684 6.3%20 - 24 27,680 6.6% 31,915 7.0% 30,832 6.3%25 - 34 58,480 13.8% 67,310 14.7% 75,657 15.4%35 - 44 60,753 14.4% 59,316 13.0% 64,989 13.3%45 - 54 59,266 14.0% 59,758 13.1% 57,985 11.8%55 - 64 45,340 10.7% 54,053 11.8% 56,730 11.6%65 - 74 28,219 6.7% 38,901 8.5% 45,065 9.2%75 - 84 15,162 3.6% 18,551 4.1% 23,348 4.8%

85+ 4,784 1.1% 6,611 1.4% 7,499 1.5%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 240,773 57.0% 241,210 52.7% 242,661 49.5%Black Alone 68,354 16.2% 80,990 17.7% 90,797 18.5%American Indian Alone 3,133 0.7% 3,440 0.8% 3,646 0.7%Asian Alone 23,297 5.5% 28,297 6.2% 33,578 6.9%Pacific Islander Alone 3,055 0.7% 3,413 0.7% 3,819 0.8%Some Other Race Alone 61,776 14.6% 73,326 16.0% 85,143 17.4%Two or More Races 22,046 5.2% 26,599 5.8% 30,450 6.2%

Hispanic Origin (Any Race) 131,842 31.2% 155,061 33.9% 176,356 36.0%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

November 20, 2017

©2017 Esri Page 5 of 6

Demographic and Income Profile3100 N Rancho Dr, Las Vegas, Nevada, 89130 Prepared by EsriRing: 5 mile radius Latitude: 36.21486

Longitude: -115.20986

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

21.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K11.8%

$15K - $24K10.4%

$25K - $34K11.5%

$35K - $49K15.5%

$50K - $74K19.5%

$75K - $99K13.2%

$100K - $149K11.2%

$150K - $199K3.9%

$200K+3.0%

2017 Population by Race2017 Population by Race

Perc

ent

50

45

40

35

30

25

20

15

10

5

White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 33.9%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

November 20, 2017

©2017 Esri Page 6 of 6

area demograPhiCs (5 mile radius)

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3100 N. RaNcho DRive_21.35 acRes - offeRiNg MeMoRaNDuM 14

Paul ChaffeeSenior Vice President

[email protected]

Wil ChaffeeSenior Vice President

[email protected]

Exclusively listed by Sun Commercial Real Estate, Inc.:

SunCommercial Real Estate, Inc.

Rob MooreSenior Vice President

[email protected]

The information contained herein was obtained from sources believed reliable, however, Sun Commercial Real Estate, Inc. any of its agents or employees make no guaranty, warranty or representation as to the completeness and/or accuracy thereof, inclusive of any current and future projected returns. Anyone utilizing this analysis does so at their own risk and agrees to hold Sun Commercial Real Estate, Inc., its agents and employees harmless. The presentation of this property is subject to error, omissions change of price or conditions prior to sale, or withdrawal without notice.

6140 Brent Thurman Way, Suite 140, Las Vegas, Nevada 89148 ♦ 702 | 968 | 7300 Ph • 702 | 968 | 7301 Fax ♦ www.SunCommercialRE.com