19
© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice. Art Farmanali, SIOR Senior Vice President 702.968.7310 [email protected] NV Lic # S.0037529 Schane Cabatu Associate 702.968.7313 [email protected] NV Lic # S.0187335 Sun Commercial Real Estate, Inc. 6140 Brent Thurman Way, Ste#140 Las Vegas, NV 89148 www.SunCommercialRE.com OFFERING MEMORANDUM ±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing 2255 & 2275 Marion Drive, Las Vegas, Nevada 89115 Yard 2275 2255 MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing 2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

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Page 1: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Yard

2275

2255

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 2: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

CONFIDENTIALITY & DISCLOSURESUN COMMERCIAL REAL ESTATE, INC. (the “Broker”) has been retained on an exclusive basis to market the property described here in (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 pur-pose 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.

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 3: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

TABLE OF CONTENTSProperty Overview Section-1Offering Highlights. . . . . . . . 4Financials. . . . . . . . . . . 5Rent Roll . . . . . . . . . . . 6Site Plan . . . . . . . . . . . 8Property Description . . . . . . . 9Floor Plans . . . . . . . . . . 12Assessor’s Parcel Map . . . . . . 13Las Vegas Location Map . . . . . 14Area Amenities Map . . . . . . . 15

Market Overview Section-2Area Demographics . . . . . . . 16

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 4: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

4

OFFERING HIGHLIGHTSTHE OFFERING:Sun Commercial Real Estate, Inc. is pleased to offer +/- 100,000 SF of multi-tenant indus-trial park for sale on +/- 8.12 acres of land. The offering includes two 50,000 SF buildings on 1.32 acres of land each. The project also offers +/- 0.87 acres of newly paved yard.

PROPERTY LOCATION:Location offers easy freeway access via Interstate 15 Freeway; (US95/I-515) - Lake Mead Blvd and Cheyenne Ave surrounded by North Las Vegas industrial market sub-market. Project is located just south of Carey Ave, North of E. Lake Mead Blvd with Lamb Blvd. to the West and Nellis Blvd to the east with close proximity to Nellis Airforce Base.

PROPERTY DESCRIPTION: Building-1 has frontage on Marion Drive and is currently leased as flex space; divisible to +/- 2,500 SF each located at 2255 Marion Drive. The flex project has room for additional rent increases for upcoming lease renewals with several new leases in the works and is currently 80% occupied.

Building-2 located on 2275 Marion Drive is owner occupied and operating a successful cast stone fountains and statues manufacturing business serving the high-end residential and gaming resorts. Seller is flexible and will consider a sale leaseback at market rents or vacate the property for the new Owner User/Investor for an additional 50,000 SF of avail-able space. A total of 100,000 SF.

Property Information

Property Name Marion Industrial ParkAddress 2275 &2255 Marion Drive

Las Vegas, NV 89115Price $12,000,000 ($120/SF)Building 1 (2275 Marion Dr)

50,000 SFOwner Occupied

Building 2 (2255 Marion Dr)

50,000 SF (1.32 Acres)Multi-Tenant Flex

APNs Bldg. 1: 140-20-117-004 - 1.32 AcresBldg 2: 140-20-117-005 - 1.32 AcresCommon: 140-20-117-013 - 4.65 AcresYard: 140-20-117-003 - 0.87 Acres

Building SF Total 100,000 SF (112 x 512 SF each)Unit Sizes Divisible to 2,500 SF EachFire Sprinklered Hydraulic System

Area of discharge: 130 SFWater Flow: 1,034 GPM

Power 3-Phase 120/208 AMPSClear Height 18’Parking 2/1000Land Total 8.16 AcresYear Constructed 2008 Metal & Concrete BlockZoning MD-Design ManufacturingProperty Type Industrial & Vacant LandTenancy Type Multi-Tenant (80% Occupied)T, R, S 20S, 62E, 20NOI See scheduleFreeway Access Interstate-15 & US 95/I-515

Lake Mead Blvd and Cheyenne Ave

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 5: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

5

Current RevenueTotal Rental Revenue $201,292Total Cam Recoveries $50,267TOTAL REVENUE $251,558

Property ExpensesTotal Cleaning Expense $6,442Total Repairs and Maintenance $11,298Total Utilities $35,577Total On-Site Administrative $1,200Total Management Fees $12,000Total Real Estate Taxes $43,387Total Insurance $24,192TOTAL PROPERTY EXPENSES $134,096

Net Income $117,462

Pro-Forma RevenueTotal Rental Revenue $552,000Total Cam Recoveries $50,267TOTAL REVENUE $602,267

Property ExpensesTotal Cleaning Expense $6,442Total Repairs and Maintenance $11,298Total Utilities $35,577Total On-Site Administrative $1,200Total Management Fees $12,000Total Real Estate Taxes $43,387Total Insurance $24,192TOTAL PROPERTY EXPENSES $134,096

Net Income $468,171

Pro-Forma RevenueTotal Rental Revenue $1,104,000Total Cam Recoveries $98,267TOTAL REVENUE $1,202,267

Property ExpensesTotal Cleaning Expense $6,442Total Repairs and Maintenance $11,298Total Utilities $35,577Total On-Site Administrative $1,200Total Management Fees $12,000Total Real Estate Taxes $43,387Total Insurance $24,192TOTAL PROPERTY EXPENSES $134,096

Net Income $1,068,171

Cap 8.9% $12,001,921Pro-Forma CAP Rate 8.90%

2255 Marion Drive Consolidated 2255 & 2275 Marion Drive

CURRENT - PRO-FORMA INCOME & EXPENSE SCHEDULE

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 6: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

6

RENT ROLL2255 MARION DRIVE LAS VEGAS, NV 89115

Unit Lease Name Lease Type Lease From Lease To Term (Months)

Area Base Rent Rent Per Area

Recovery Per Area

Misc Per Area

Total Per Area

Deposit

001 Herman Cortez-Gomes, Industrial - Net 1/1/2016 - - 2,500 $1,000.00 $0.40 $0.11 0 $0.51 $1,000.00

002 Maximino Cuevas, IND Industrial - Net 1/1/2016 - - 2,500 $1,030.00 $0.41 $0.11 0 $0.52 $1,250.00

003 Benjamin Bischoff, I Industrial - Net 2/1/2018 1/31/2020 24 2,500 $1,375.00 $0.55 $0.16 0 $0.71 $3,500.00

004 & 005 Art & Iron, Inc. Industrial - Net 6/1/2018 5/31/2021 36 5,000 $2,400.00 $0.48 $0.16 0 $0.64 $3,450.00

006 & 007 Andrew Simmons, IND Industrial - Net 10/1/2018 10/31/2023 61 5,000 $2,100.00 $0.42 $0.15 0 $0.57 $5,000.00

008 Custom Cabinets Industrial - Net 4/1/2018 3/31/2020 24 2,500 $1,375.00 $0.55 $0.16 0 $0.71 $3,600.00

009 VACANT - - - - 2,500 - - - - - -

010 VACANT - - - - 2,500 - - - - - -

011 Abraham Garcia, IND Industrial - Net 2/1/2018 1/31/2020 24 2,500 $1,250.00 $0.50 0.16 0 $0.66 $1,000.00

012 VACANT - - - - 2,500 - - - - - -

013, 017, 018 Battery Corp & Auto Industrial - Net 9/1/2018 9/30/2021 37 7,500 $3,000.00 $0.40 0.16 0 $0.56 $5,025.00

014 & 015 Vegas Surfaces Industrial - Net 10/1/2018 10/31/2021 37 5,000 $1,000.00 $0.20 0.16 0 $0.36 $3,000.00

016 VACANT - - - - 2,500 - - - - - -

019 & 020 Martin Lopez, as IND Industrial - Net 11/1/2015 10/31/2020 60 5,000 $2,185.45 $0.44 0.11 0 $0.55 $2,500.00

117-003 VACANT - - - - 5,000 - - - - - -

Total SF 50,000

Total Occupied 40,000

Occupancy Rate 80%

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 7: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

7

RENT ROLL2275 Marion Drive Las Vegas, NV 89115Unit Lease Name Lease Type Lease From Lease To Term

(Months)Area Base Rent Rent Per

AreaRecovery Per Area

Misc Per Area

Total Per Area

Deposit

2275 Fiore Stone, Inc. - - - - 50,000 - - - - - -

Total SF 50,000

Total Occupied 50,000

Occupancy Rate 100%

SummaryTotal Units Total Area Total Base

RentTotal

Rent Per Area

Total Recovery Per Area

Total Misc Per

Area

Total Charges Per Area

Total Deposit

Occupied 17 90,000 $16,715.45 $0.42 $0.16 $0.00 $0.58 $29,325.00

Vacant 5 10,000 0 $0.00 $0.00 $0.00 $0.00 $0.00

Totals 22 100,000 $16,715.45 $0.17 $0.00 $0.00 $0.00 $29,325.00

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 8: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

8

(NOT TO SCALE)

(NOT A PART)

Building 12275 Marion Dr.±50,000 SFMIN DIV 2,500 SF±1.32 AcresAPN: 140-20-117-004

YARD±0.87 ACRESAPN: 140-20-117-003

SITE PLAN

Building 22255 Marion Dr.±50,000 SFMIN DIV 2,500 SF±1.32 AcresAPN: 140-20-117-005

COMMON AREA±4.65 ACRESAPN: 140-20-117-013

(NOT A PART)

GRADE DOOR

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 9: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

9

2255 MARION DRIVEAPN 140-20-117-005 (1.32 Acres)Power 4000 AMPS of 3- Phase Power 200AMPS

each panel 208/120 voltsEvap. Coolers 13 Evap. CoolersRoll up Doors 20 doorsGas building Gas stubbed to the building (meters)Lighting Fluorescent Security Cameras, motion sensor monitoring

system. Sprinkers Hydraulic System

Density: 1,034 GPM Area of discharge: 130 SF

2275 MARION DRIVEAPN 140-20-117-004 (1.32 Acres)Power 4000 AMPS of 3- Phase Power 200AMPS

each panel 208/120 voltsCooling HVAC in officesRoll up Doors 19 doorsGas building Gas to the buildingLighting LED LightingOffice 8 rough finished offices with restrooms

Security Cameras, motion sensor monitoring system

Sprinklers Hydraulic System Density: 1,034 GPM Area of discharge: 130 SF

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 10: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

10

YARDAPN 140-20-117-003 (0.87 Acres)

COMMON AREAAPN 140-20-117-013 (4.65 Acres)

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 11: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

11

THE LAS VEGAS “STRIP” DOWNTOWN

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 12: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

12

12’ Roll-Up Door

Warehouse

Office

Suite 13±2,500 SF

12’ Roll-Up Door

Warehouse

Suite 3±2,500 SF

83’

60’

Office Office

12’ Roll-Up Door 12’ Roll-Up Door

Warehouse

Suite 4-5±5,000 SF

Warehouse

Grade Door

Restroom

Office/Showroom

83’

30’

Suite 8±2,500 SF

FLOOR PLAN CONFIGURATIONSSUITE 3

±2,500 SFSUITE 4-5±5,000 SF

SUITE 8±2,500 SF

SUITE 13±2,500 SF

*NOT TO SCALE

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 13: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

13

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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 obtained from 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 the recorded documents for more detailed legal information.

MA

P LE

GE

ND

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

ASSESSOR'S PARCELS - CLARK COUNTY, NV.

Scale: 1" = 200' 3/19/2019

T20S R62E 20 N 2 NW 4 140-20-1

31

30

19

1

1314

121110987

6 5 4 3 2

3635343332

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24

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.

MA

P

2

3

4

5

6

7

8

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2

3

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51

8

7

5

6

4 8

340

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

140139

161162

124 123

141

160

122

138

125

163

Briana Johnson - Assessor

q

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 14: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

14

2275 Marion Dr.

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 15: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

15

E LAKE MEAD BLVD

N L

AM

B BL

VD

N N

ELLI

S BL

VD

North Las Vegas Water Reclamation

Facility

Martin Luther King Jr.

Elementary School

Martin Luther King Jr. Elemen-

tary School

Ann Lynch

Elemen-tary

Sandy Searles Miller Elemen-

tary School

Myrtle Tate Ele-mentary School

Ed Von Tobel Middle School

Jay W. Jeffers El-ementary

School SITE

Manuel J Cortez El-ementary

School

Lomie G. Heard Elementary

School

Ruben P. Diaz Elementary

School

35,000 CPD

Mountain View

Elementary School

29,2

00 C

PD

30,0

00 C

PD

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 16: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

16

Demographic and Income Profile2255 Marion Dr, Las Vegas, Nevada, 89115 Prepared by EsriRing: 1 mile radius Latitude: 36.20103

Longitude: -115.07117

Summary Census 2010 2019 2024Population 15,339 17,143 18,387Households 4,145 4,465 4,751Families 3,313 3,545 3,764Average Household Size 3.70 3.84 3.87Owner Occupied Housing Units 1,648 1,589 1,720Renter Occupied Housing Units 2,497 2,876 3,030Median Age 25.5 26.4 27.3

Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 1.41% 1.56% 0.77%Households 1.25% 1.49% 0.75%Families 1.21% 1.46% 0.68%Owner HHs 1.60% 1.86% 0.92%Median Household Income 2.44% 2.62% 2.70%

2019 2024 Households by Income Number Percent Number Percent

<$15,000 848 19.0% 786 16.5%$15,000 - $24,999 635 14.2% 557 11.7%$25,000 - $34,999 626 14.0% 607 12.8%$35,000 - $49,999 780 17.5% 827 17.4%$50,000 - $74,999 764 17.1% 895 18.8%$75,000 - $99,999 460 10.3% 581 12.2%$100,000 - $149,999 276 6.2% 382 8.0%$150,000 - $199,999 41 0.9% 68 1.4%$200,000+ 35 0.8% 49 1.0%

Median Household Income $36,712 $41,410Average Household Income $47,470 $54,899Per Capita Income $12,420 $14,256

Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,741 11.4% 1,805 10.5% 1,935 10.5%5 - 9 1,730 11.3% 1,660 9.7% 1,754 9.5%10 - 14 1,541 10.0% 1,543 9.0% 1,603 8.7%15 - 19 1,339 8.7% 1,536 9.0% 1,505 8.2%20 - 24 1,190 7.8% 1,614 9.4% 1,658 9.0%25 - 34 2,435 15.9% 2,730 15.9% 3,008 16.4%35 - 44 2,197 14.3% 2,117 12.3% 2,360 12.8%45 - 54 1,605 10.5% 1,846 10.8% 1,868 10.2%55 - 64 891 5.8% 1,298 7.6% 1,458 7.9%65 - 74 453 3.0% 696 4.1% 854 4.6%75 - 84 184 1.2% 243 1.4% 316 1.7%

85+ 33 0.2% 57 0.3% 68 0.4%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 6,246 40.7% 6,300 36.8% 6,739 36.6%Black Alone 2,025 13.2% 2,499 14.6% 2,675 14.5%American Indian Alone 145 0.9% 153 0.9% 166 0.9%Asian Alone 352 2.3% 394 2.3% 408 2.2%Pacific Islander Alone 67 0.4% 71 0.4% 74 0.4%Some Other Race Alone 5,746 37.5% 6,848 39.9% 7,394 40.2%Two or More Races 758 4.9% 877 5.1% 932 5.1%

Hispanic Origin (Any Race) 10,161 66.2% 11,845 69.1% 12,750 69.3%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

July 23, 2019

©2019 Esri Page 1 of 6

Demographic and Income Profile2255 Marion Dr, Las Vegas, Nevada, 89115 Prepared by EsriRing: 1 mile radius Latitude: 36.20103

Longitude: -115.07117

AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20192024

Population by AgePopulation by Age

Perc

ent

16

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+

2019 Household Income 2019 Household Income

<$15K19.0%

$15K - $24K14.2%

$25K - $34K14.0%

$35K - $49K17.5%

$50K - $74K17.1%

$75K - $99K10.3%

$100K - $149K6.2%

$150K - $199K0.9%

$200K+0.8%

2019 Population by Race2019 Population by Race

Perc

ent

35

30

25

20

15

10

5

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

2019 Percent Hispanic Origin: 69.1%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

July 23, 2019

©2019 Esri Page 2 of 6

DEMOGRAPHICS

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 17: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

17

DEMOGRAPHICS

Demographic and Income Profile2255 Marion Dr, Las Vegas, Nevada, 89115 Prepared by EsriRing: 3 mile radius Latitude: 36.20103

Longitude: -115.07117

Summary Census 2010 2019 2024Population 193,348 210,572 223,584Households 54,715 58,214 61,473Families 42,008 44,384 46,772Average Household Size 3.50 3.57 3.59Owner Occupied Housing Units 27,308 26,900 28,789Renter Occupied Housing Units 27,407 31,314 32,684Median Age 28.2 29.3 30.1

Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 1.21% 1.56% 0.77%Households 1.10% 1.49% 0.75%Families 1.05% 1.46% 0.68%Owner HHs 1.37% 1.86% 0.92%Median Household Income 2.92% 2.62% 2.70%

2019 2024 Households by Income Number Percent Number Percent

<$15,000 9,130 15.7% 8,376 13.6%$15,000 - $24,999 7,198 12.4% 6,173 10.0%$25,000 - $34,999 7,667 13.2% 7,149 11.6%$35,000 - $49,999 9,969 17.1% 10,160 16.5%$50,000 - $74,999 11,304 19.4% 12,743 20.7%$75,000 - $99,999 6,045 10.4% 7,368 12.0%$100,000 - $149,999 5,127 8.8% 6,783 11.0%$150,000 - $199,999 1,150 2.0% 1,819 3.0%$200,000+ 624 1.1% 901 1.5%

Median Household Income $41,386 $47,801Average Household Income $53,609 $62,187Per Capita Income $14,927 $17,199

Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent

0 - 4 19,184 9.9% 19,412 9.2% 20,696 9.3%5 - 9 18,537 9.6% 18,181 8.6% 19,140 8.6%10 - 14 17,361 9.0% 17,304 8.2% 18,108 8.1%15 - 19 17,097 8.8% 16,837 8.0% 17,063 7.6%20 - 24 14,966 7.7% 17,534 8.3% 17,760 7.9%25 - 34 28,866 14.9% 34,468 16.4% 36,854 16.5%35 - 44 27,437 14.2% 26,538 12.6% 29,384 13.1%45 - 54 22,636 11.7% 23,308 11.1% 23,522 10.5%55 - 64 14,764 7.6% 18,894 9.0% 19,777 8.8%65 - 74 8,006 4.1% 11,898 5.7% 13,493 6.0%75 - 84 3,548 1.8% 4,924 2.3% 6,289 2.8%

85+ 947 0.5% 1,274 0.6% 1,498 0.7%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 87,490 45.3% 85,993 40.8% 90,919 40.7%Black Alone 22,726 11.8% 27,747 13.2% 29,489 13.2%American Indian Alone 1,738 0.9% 1,829 0.9% 1,937 0.9%Asian Alone 6,479 3.4% 7,291 3.5% 7,535 3.4%Pacific Islander Alone 950 0.5% 1,004 0.5% 1,043 0.5%Some Other Race Alone 64,447 33.3% 75,742 36.0% 81,097 36.3%Two or More Races 9,518 4.9% 10,966 5.2% 11,565 5.2%

Hispanic Origin (Any Race) 120,268 62.2% 137,955 65.5% 147,146 65.8%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

July 23, 2019

©2019 Esri Page 3 of 6

Demographic and Income Profile2255 Marion Dr, Las Vegas, Nevada, 89115 Prepared by EsriRing: 3 mile radius Latitude: 36.20103

Longitude: -115.07117

AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent) 2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20192024

Population by AgePopulation by Age

Perc

ent

16

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+

2019 Household Income 2019 Household Income

<$15K15.7%

$15K - $24K12.4%$25K - $34K

13.2%

$35K - $49K17.1%

$50K - $74K19.4%

$75K - $99K10.4%

$100K - $149K8.8%

$150K - $199K2.0%

$200K+1.1%

2019 Population by Race2019 Population by Race

Perc

ent

40

35

30

25

20

15

10

5

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

2019 Percent Hispanic Origin: 65.5%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

July 23, 2019

©2019 Esri Page 4 of 6

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 18: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

18

DEMOGRAPHICS

Demographic and Income Profile2255 Marion Dr, Las Vegas, Nevada, 89115 Prepared by EsriRing: 5 mile radius Latitude: 36.20103

Longitude: -115.07117

Summary Census 2010 2019 2024Population 378,149 416,293 443,419Households 115,099 124,369 132,001Families 81,370 87,336 92,486Average Household Size 3.20 3.26 3.27Owner Occupied Housing Units 55,922 56,596 61,009Renter Occupied Housing Units 59,177 67,773 70,992Median Age 30.4 31.5 32.2

Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 1.27% 1.56% 0.77%Households 1.20% 1.49% 0.75%Families 1.15% 1.46% 0.68%Owner HHs 1.51% 1.86% 0.92%Median Household Income 2.95% 2.62% 2.70%

2019 2024 Households by Income Number Percent Number Percent

<$15,000 21,349 17.2% 19,943 15.1%$15,000 - $24,999 16,147 13.0% 14,133 10.7%$25,000 - $34,999 15,841 12.7% 14,996 11.4%$35,000 - $49,999 19,884 16.0% 20,318 15.4%$50,000 - $74,999 23,150 18.6% 26,045 19.7%$75,000 - $99,999 12,465 10.0% 15,070 11.4%$100,000 - $149,999 10,895 8.8% 14,425 10.9%$150,000 - $199,999 2,839 2.3% 4,541 3.4%$200,000+ 1,790 1.4% 2,519 1.9%

Median Household Income $40,437 $46,759Average Household Income $54,171 $63,037Per Capita Income $16,431 $19,001

Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent

0 - 4 34,284 9.1% 35,115 8.4% 37,749 8.5%5 - 9 32,408 8.6% 32,967 7.9% 34,874 7.9%10 - 14 30,806 8.1% 31,153 7.5% 33,116 7.5%15 - 19 31,341 8.3% 30,185 7.3% 31,169 7.0%20 - 24 29,076 7.7% 32,928 7.9% 33,009 7.4%25 - 34 56,321 14.9% 68,002 16.3% 72,724 16.4%35 - 44 53,638 14.2% 53,257 12.8% 59,719 13.5%45 - 54 47,301 12.5% 48,163 11.6% 48,065 10.8%55 - 64 33,160 8.8% 41,589 10.0% 42,862 9.7%65 - 74 18,791 5.0% 27,848 6.7% 31,369 7.1%75 - 84 8,734 2.3% 11,896 2.9% 15,063 3.4%

85+ 2,287 0.6% 3,189 0.8% 3,699 0.8%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 173,642 45.9% 170,940 41.1% 181,478 40.9%Black Alone 54,850 14.5% 67,939 16.3% 72,385 16.3%American Indian Alone 3,442 0.9% 3,672 0.9% 3,903 0.9%Asian Alone 17,587 4.7% 20,706 5.0% 21,661 4.9%Pacific Islander Alone 2,180 0.6% 2,420 0.6% 2,562 0.6%Some Other Race Alone 107,789 28.5% 128,486 30.9% 137,977 31.1%Two or More Races 18,659 4.9% 22,130 5.3% 23,451 5.3%

Hispanic Origin (Any Race) 204,853 54.2% 238,659 57.3% 255,387 57.6%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

July 23, 2019

©2019 Esri Page 5 of 6

Demographic and Income Profile2255 Marion Dr, Las Vegas, Nevada, 89115 Prepared by EsriRing: 5 mile radius Latitude: 36.20103

Longitude: -115.07117

AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent) 2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20192024

Population by AgePopulation by Age

Perc

ent

16

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+

2019 Household Income 2019 Household Income

<$15K17.2%

$15K - $24K13.0%

$25K - $34K12.7%

$35K - $49K16.0%

$50K - $74K18.6%

$75K - $99K10.0%

$100K - $149K8.8%

$150K - $199K2.3%

$200K+1.4%

2019 Population by Race2019 Population by Race

Perc

ent

40

35

30

25

20

15

10

5

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

2019 Percent Hispanic Origin: 57.3%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

July 23, 2019

©2019 Esri Page 6 of 6

MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115

Page 19: MARION INDUSTRIAL PARK OFFERING MEMORANDUM ±100,000 … · Sun Commercial Real Estate, Inc. 6140 Brent Thurman ay, Ste140 Las Vegas, NV 89148 4 OFFERING HIGHLIGHTS THE OFFERING:

© 2019 Sun Commercial Real Estate, Inc. The information contained herein as 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 the their own risk and agree to hold Sun Commercial Real Estate, Inc., it’s agents and employees harmless. The presentation of this property is subject to error, omissions change of price of conditions prior to sale, or withdrawal, without notice.

Art Farmanali, SIORSenior Vice [email protected] Lic # S.0037529

Schane [email protected] Lic # S.0187335

Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Ste#140Las Vegas, NV 89148www.SunCommercialRE.com

19

Reno/Sparks438 mi / 6:52 hrs

Salt Lake City421 mi / 6:09 hrs

San Francisco569 mi / 8:57 hrs

Los Angeles270 mi / 4:03 hrs Phoenix

302 mi / 4:46 hrs

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MARION INDUSTRIAL PARK OFFERING MEMORANDUM±100,000 SF Industrial Park with a Paved Yard - Zoned MD: Design Manufacturing2255 & 2275 Marion Drive, Las Vegas, Nevada 89115