Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
© 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
© 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
© 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
© 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
© 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
© 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
© 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
© 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
© 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
© 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
© 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
© 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
© 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
>
>
801
115
114
113
112
111
110
101
117
HARRISTOWN DR
EL TOVAR AVE
PAYSON AVE
PENMAR CIR
ARMEL CT
LA PUNTE ST
EL TOVAR RD
CO
LEBR
OO
K ST
CIR
PARIVA ST
RITA C
IR
ARMEL CT
PAYSON CT
PENMAR
006
008 038
CAREY AVE
DO
LLY
LN
JUDSON AVE
LAM
B BL
VDLA
MB
BLVD
PB 12-91
PB 13-31
PB 13-83
PB 26-68
PB 122-49
12
2
6
125
13
14
PT10PT10
PT11PT11
PT12
1
4
5
3
4
5
6
7
8
PT9PT9
4
3
2
1
1
2
1
3
2
4
2
1
1 2 4 5 6 7 8 9 10
1112131415161718
20
24 25 26 27 28 29
31323334363839
4142 43 45 47 48 49 50
51525354555657
62 63 64 65 66 68 69 70
717879
82 85 86 87 88 89 90
93949697
4 5 6 8 9
11121314151617
1 2 3 4 5 6 7
8911
13
1415 16 17
20
21
44
8
283017181915 16 17 18 19 20 21
22
23
24252627
28
2930
31 3233
37
3839
40
41
42
45
46
47
50 52 53 54
55 3
19
21 22 2330
3537
44 46
5859
60
61 67
727374757677
83 84
9192959899
7 10
12
29
51
5657585960
PT 1
PT 1
PT 1
PT 1PT 1
PT 1PT1
10
133.55 150 10
110 56 166.24
40
6050
R=20
R=20 R=25
26.32
40
40
36
60
60
122.63
62.5 62.5 62.5 62.5 62.5 62.5 62.5
62.562.5
60 60 60 60 60
6060
58.1
8076.3674.12
60 60 60 60 60
6060
60 60 60 60 60
60 60 60 60
6060
60 60 60 60 60
60 60 60 60 60
6060
130.
0513
0.05
146.
0211
4.08
130.
0513
0.05
111.
0865
62.8862.41
39.88
84.4
485
.38
55.3865.1739
39
39
39
60.34
84.6
885
.38
56.3865.1739
39
39
39
61.34
84.6
885
.37
57.3665.1736
36
3636
62.34
84.6
7
75.3675.3780122.63
100
100
67.87
84.0
4
151.1
9
100
145.84
99.9
1
82.27
100.
13
100 10
010
0
100
99.9
1
91.9
7
151.38
100.85
145.94
90.97
100.
13
100 10
010
0
100
99.9
1
91.9
7
151.3
8
100
100.
13
100 10
011
0.09
110.
2
110.
3
110.
41
110.
52
110.
62
110.
73
110.
83
110.
94
65.7161.77 70
102.62 10072.36
107.63 9573.36
102.63 100
107.6374.36
122.6274.37
6560
6060
6060
60
60 60 60 60
60 60 60 60 60
6060
71 71 71 71 71 71 71 71
7171
108.
6613
0.04
130.
05
56.8
92.9
384
.67
63.3458.1
36
36
36 65.1758.36
85.3
7
100
100
100.
03
82.77145.84
100
151.1
9
84.0
4
99.9
1
100 10
0
108.
5
108.
38
108.
26
108.
14
138.7
7070
7070
70 7050
.03
114.5938.44
54.6
1
83.3
9
8080 64.5
8
50
6060
60 60 60 60 60 60
6060
60 60 60 60 60 60
6060
6060
6060
6060
6060
6060
6060
60 60
60 60 60 60 60 60
6060
60
60
60
60
60
60
6060
60
60
60
60
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100 10
0
100
100
100
5560
55
8556.33
84.6
485
.41
5285
7060
70
69.17
64.26
64.26
57.45
57.45
57.4557.45
98.89
53.3
1
83.2786.73
5564.26
64.2664.26
64.26
100
58
97.64
102.36
100
100.16
100.15
99.6102.36
97.86100
96.19102.36
67.53
67.57
61.16
56.6255.74
55.7455.74
55.7455.74
55.78
957.49
58.24
58.24
58.24
60
60
60
66.67
66.67
67.4955
8549.71
84.6
584
.19
556340
40
43.76
44.24
8585
56.32
40.92
41.32
42.3956.74
81.3
3
139.82
120
109.24
103.32
102.09
99.95
103.35
97.57
59.1
8
54.1753.19
53.1859.37
60
60
65.08
66.0467.2446.33
86.95
65.53
95.08
65
128.53
49.54 124.48 70.03 63.03 70.0262.55
97.4
1
95.8
74.0
2
107.1595
.02
100.
21
83.4
7
76.88
166.52
86.96
10525134.4
65
69.4
85.41
70.2
7
53.1
60
7064.26
6060
6060
60
6060
6060
60
60
5858
58
80
53 64 53
8040
.68
22
64.2664.26
64.26
99
98.15
97.86
99.61
99.72
100
102.36
100
102.36
68.19
68.22
59.7
8
55.7455.74
55.74
55.74
95 95
68 64 6870 73.74
85.4
7
56.2855
8558
.53
58.2458.24
100
100.41
104.72
109.95
60.22
60.0
563
.02
65.9
7
66.0667.15
100
100
52.3
2
84.6
64.8
7
50
60
60
20
63.31 60
60 60 60 60 60
68.39
53.3960
63.5
47.2
108
44.2
1
71.81
53.2
29668
58.2458.24
58.2458.24
68.1
570
.02
72.7
1
73.4 50.01
87.89
50.3
2
42.3
6
134.
54
40
40
139.
09
139.03
57.57
110.82
63
40.72
60
60 60
60
45.231557.24
100
100
143.07
92.06
143.5
5
76.61
129.21
161.29
110
139.77170.4
149.29
133.77
123.42
112.83
118.2
90.4
6
100
100 85
85100
7070
7070
7070 70
58 58
60
30
60.33
54.82
99.82
91.82
74.89
130
43.34
25
60
53.46
110
40
53.1
107.
54
43.17
141.
81
40
40.9
8
128.68 70.02 71.74
55.09
77.59
59.5651.16
34
35.6
8
64.39
55
70
62
62
62626262
62
69.15
65.5
100.
07
100 10
0 85
97.47
114.37
105.91
115.55
101.46
100.
14
101.
47133.28
95.7
113.78 96.7
263030
55 55
70 70
65.4
7
75.9
6
123.23
138.7
30
30
40
4030
30
R=25
332.81
168.
8
168.
8
168.
8
141.24
141.4
151.24
10
130.04
130
136.73
91.5
191
.51
91.4
481
.04
74.6
155
30
169.
0916
9.1
338.
2
136.99
81.0
384
.96
84.5
70 70
70 70
70 70
82.6
5
97.8
9
30 167 167 30 137
167
502.26167
30
30
30
158.
8
30
60
R=20106.99
R=25
138.
8
138.
8
113.
8
30
40
206.51R=15
R=20
334.88
30
60
46.19
9580
30
60
50
60 55
117.29
60
60
107.25
100
6060
60
60
6020
50
10
30
30 30
40
R=25
465.62
962.
84
337.
9164
5.78
442.43
337
112
112
512
112
512
106 112
112
112
337
112
112 112
512
512
112
106 11256
56
112
30
40
40
50 50
50 50
649
150
94.64
482.
06
3067
9
50
R=25
R=5496.77
50
624.
55
75.12 60.55
65.4
2
64.5
7
2020
12 12
44 44
40 40
15 15
3
51
JUDSON-MARION
INDUSTRIAL COMPLEX
PM 50-14
FRONTIERVILLAGE
3
118.61
34
33
35
32
1
2
3
4
100.
05
100
48
49
1
2
3
46
45
43
44
36
30
26
27
28
29
31
6
7
5
10
937
38
39
41
42
43
40
123.46
34
35
24
25
23
22
11
12
13
14
36
35
32
34
33
15
100.281631PT12
20
21
10522
23
24 112.1
25
26 105.52
103.7427
13
14
15
17
18
19
20
16
21
FRONTIER NORTH UNIT 2-D
FRONTIER NORTH UNIT 2-C
116
1
136.9
84.5
137.06
80
81
FRONTIER NORTH UNIT 2-B
6
7
8
10
11
12
9
40
1
1
130.04
91.4
3
FRONTIER NORTH UNIT 2-APB 12-82
1145.94
1
3
4
5
2 90.972
FRONTIER NORTH
PB 8-54
10
194 18
1FRONTIER NORTH UNIT 2-E
PB 13-75
107.
66
107.
78
107.
9
108.
02
PT1PT1
MAR
ION
DR
2428.86
37.1937.19
37.19 37.1937.19 37.1937.19 37.1937.19 64.27
72.5
2
36 37 38 3931 33 34 35
45.71
46.5
8
29 323037.19
37
41140
35-90
41-20
PM
41-7
PM
PM
136.81
130.03
PM
17-20
002
006
007
009
016
010008
013
014
011
024
009 015011010014 005008 004
013008
001
007
006
019
033
015020018017
004
003002
0060.27
0030.48
0020.44
0012.33004
0.56 0050.59
0040.54
0070.27
0090.24
0100.24
0110.25
0130.25
0140.27
0170.27
0180.22
0190.22
0200.22
0210.31
006005
004
059
049
044
037036
095
132010
009 008
025024
015014
015
006
006007
020
018 016017
009008007006005004003002001
023
089030029 040
023022
013012
008009
012 013
013012052
053
042045
125
039038037036035034033032031
010162179178177176175174173172
020019018017016015006 161
011171
012013014015163164165166167019
168169021022160005 024
025 170159004
026 021158030029028027026119118003
117116115114113112078077 157
027002 111
001076 002079 003004120 005121156
122123124
010
028110001 075 080 155
029 109074 081014 154
108 011030020019073 018082 017129128 016127 014
126107 153031
013072 083
106
033032
152001002071 003
012 130 004131084 005007105
034
151070 085011
104069 086038 150
103010068 011087 133 020019018039 017134 016
149035
102067009 088040 148
101001066 002
135003041 004089 005006007008009008
010
147
043100
046 065136
090007 146099 137
064 091 145 011020019047 018017016015014098 138
063 092 144051
048 050 139097003093
001062
002003004143
005006007008009140002
141096094061054055 142056057058060
001
025001
0025.97
0030.87
0051.32
0041.32
0080.29
0070.27
0120.13
0110.13
0100.14
003
012
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 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
29 28 27 26
24
25
23222120
18 17 16 15
BO
OK
SEC
.
MA
P
2
3
4
5
6
7
8
1
2
3
4
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
© 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
© 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
© 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
© 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
© 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
© 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
ONE DAY SHIPPING
ZONE
TRAVEL TIMES
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