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±6,872 SF OFFICE BUILDING | FOR SALE OR LEASE3700 PECOS MCLEOD INTERCONNECT, LAS VEGAS, NEVADA 89121
3700 Pecos McLeod Interconnect OM | 2
CONFIDENTIALITY & DISCLOSURE
SUN COMMERCIAL REAL ESTATE, INC. (the “Broker”) has been retained on an exclusive basis to market the property described herein (the “Property”). Broker has been authorized by the Seller of the Property (the “Seller”) to prepare and distribute the enclosed information (the “Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate.
The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker, nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma.
Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto.
Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information.
Lisa Hauger Senior Vice President [email protected] NV Lic # BS.0037600.LLC
Property SummaryProperty PhotosAssessor Parcel MapSurrounding Aerial Map
Market Overview
Las Vegas Overview
Section 2
Section 3
Area Demographics
Nevada Business AdvantagesLas Vegas Development
Property Overview Section 1
TABLE OF CONTENTS
The information contained herein was obtained from sources believed reliable,
however, Sun Commercial Real Estate, Inc. any of its agents or employees
make no guaranty, warranty or representation as to the completeness and/or
accuracy thereof, inclusive of any current and future projected returns. Anyone
utilizing this analysis does so at their own risk and agrees to hold Sun Commercial
Real Estate, Inc., its agents and employees harmless. The presentation of this
property is subject to error, omissions change of price or conditions prior to sale,
or withdrawal without notice.
6140 Brent Thurman Way, Suite 140, Las Vegas, Nevada 89148
702 | 968 | 7300 Ph • 702 | 968 | 7301 Fax • www.SunCommercialRE.com
LISA HAUGERSenior Vice [email protected] Lic # BS.0037600.LLC
3700 Pecos McLeod Interconnect OM | 4
THE OFFERING:
Sun Commercial Real Estate is proud to present for sale or lease a ±6,872 SF Office building located at 3700 Pecos McLeod Interconnect. The building consists of a ±360 SF enclosed, secured and sprinklered courtyard entrance, ±4,912 SF ready for occupancy and an adjacent ±1,600 SF suite with a short term lease in place. The ±4,912 SF suite consists of ±11 furnished offices, a conference room, meeting room, kitchen, open bull pen, two multi-stall restrooms and lots of storage. The property sits at a signalized intersection on the NEC of Pecos McLeod Interconnect and E. Twain Avenue between Flamingo Road and Desert Inn Road, and strategically located minutes from the I-515/Flamingo Road interchange, and 10 minutes from McCarran International Airport and the Las Vegas Strip.
PROPERTY SUMMARY
SUMMARY:
Asking Price:
Intro Lease Rate:
Building Area:
Total Land:
Year Built:
Parcel Number:
$989,000 ($144/PSF)
$0.69/SF (MG)
±6,872 SF
±0.51 Acres
1984
162-13-703-001
HIGHLIGHTS:
• For Sale or Lease ±6,872 SF
• ±1,600 SF currently leased to a short term tenant
• Historically low SBA financing rates
• Great signage
3700 Pecos McLeod Interconnect OM | 5
EXTERIOR PROPERTY PHOTOS
3700 Pecos McLeod Interconnect OM | 6
INTERIOR PROPERTY PHOTOS
3700 Pecos McLeod Interconnect OM | 7
ASSESSOR PARCEL MAP
>5
005.00
616609
803
712
710
708
707
706
704
703
702701
711
713
713
714705
NORDOFF CIR
NEV
SKY
ST
MATVAY ST
NAROD ST
GO
RK
Y S
T
LIPTON CT
SONATA DR
ESPANOL D R
CARLOTTA CIR
PAVLO ST
REKA ST
CHASE GLEN CIR
COLONY
001
PM 33-44
PM 14-42 PM 36-49
PM 19-29
PM 14-69
PM 71-85
PM 45-45
PECOS VILLAS
KATIE MOJAVE
SUBDIVISION
AMD SUNRISE VILLAS 5
AMD
AMD
MCLEOD ESTATES
PM 104-17
PM 31-34
TWAIN-MCLEOD ESTATES AMD
PM 65-55
PM PM59-4666-95
PM
9-10
PM16-90 PM20-28
PM
PM
20-3218-36
VAC 1494:1453702VAC 20070626:03704
RO
BAR
ST
VIKING RD
MC
LEO
D D
R
TWAIN AVE
PECOS-MCLEOD INTERCONNECT
KATIE AVE
HIL
DEB
RAN
D L
N
MO
JAVE
RD
PEC
OS
RD
PB 19-36
PB 38-62
PB 23-88
PB 35-57
PB 19-66
PB 19-66
PB 19-66
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIV
ATE
PRIV
ATE
PRIVATE
PRIVATE
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1
2
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2
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28293031
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271
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236 237 238 239 240241 242 243 244245 246247
248249250251252253254255256257258259
260261262263 264 265
266267 268 270
272273274
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279280
281
282
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119.02
119.15
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95-001
97-003
97-009
97-004
97-008
97-010
97-002
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' 7/1/2019
T21S R61E 13 N 2 SE 4 162-13-7
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
470
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
161162
139 140
177 178
163
138
176
160
141
179
Briana Johnson - Assessor
q>
5
005.00
616609
803
712
710
708
707
706
704
703
702701
711
713
713
714705
NORDOFF CIR
NEV
SKY
ST
MATVAY ST
NAROD ST
GO
RK
Y S
T
LIPTON CT
SONATA DR
ESPANOL D R
CARLOTTA CIR
PAVLO ST
REKA ST
CHASE GLEN CIR
COLONY
001
PM 33-44
PM 14-42 PM 36-49
PM 19-29
PM 14-69
PM 71-85
PM 45-45
PECOS VILLAS
KATIE MOJAVE
SUBDIVISION
AMD SUNRISE VILLAS 5
AMD
AMD
MCLEOD ESTATES
PM 104-17
PM 31-34
TWAIN-MCLEOD ESTATES AMD
PM 65-55
PM PM59-4666-95
PM
9-10
PM16-90 PM20-28
PM
PM
20-3218-36
VAC 1494:1453702VAC 20070626:03704
RO
BAR
ST
VIKING RD
MC
LEO
D D
R
TWAIN AVE
PECOS-MCLEOD INTERCONNECT
KATIE AVE
HIL
DEB
RAN
D L
N
MO
JAVE
RD
PEC
OS
RD
PB 19-36
PB 38-62
PB 23-88
PB 35-57
PB 19-66
PB 19-66
PB 19-66
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIVATE
PRIV
ATE
PRIV
ATE
PRIVATE
PRIVATE
2D
1
2
1
2
1
1
2
1
3
4 12
2
1
1
2
3
4
5 6 7 89
10
11121314151617
18
19 20 22 23
25
2627282930313233
34 35 3637 38 39
4041
42
1234
5 6 7 8
910111213141516
171819 212223
28293031
32
3334 3738
414445
4950 52 56
5760636466
1234
5 7 8
9101112
PTGL34
260261262263 269
271
328338 326327330331332333334335336337 329
222223224225226227228229230231232233234235
236 237 238 239 240241 242 243 244245 246247
248249250251252253254255256257258259
260261262263 264 265
266267 268 270
272273274
275276277278
279280
281
282
1
2
1
3
2
3
1
3
2
2
1
21
1
PT 2
21
24 2024
252627
3536 3940
4243464748
51 535455
5859616265
6
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PT2
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B
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1 2
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9
10
12
13
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19
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100.4580.84
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30
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119.15
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40 R=15
30
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40
40
30
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328.39
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64
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39.27
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1
25
25
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PTPT39
28PT PT
021
034040
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91
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027
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029
039
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NO
TES
This map is for assessment use only and does NOT represent a survey.
No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be 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' 7/1/2019
T21S R61E 13 N 2 SE 4 162-13-7
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
470
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
161162
139 140
177 178
163
138
176
160
141
179
Briana Johnson - Assessor
q
3700 Pecos McLeod Interconnect OM | 8
SURROUNDING AERIAL MAP
E DESERT INN ROAD
E FLAMINGO ROAD
E TWAIN AVENUE
S M
OJA
VE
RO
ADPECOS - M
CLEOD INTERCONNECT
SUBJECT PROPERTY
SITE
BOULDER HIGHWAY
3700 Pecos McLeod Interconnect OM | 9
AREA DEMOGRAPHICS /3 MILE RADIUS
Source: This infographic contains data provided by Esri, Esri and Infogroup. The vintage of the data is 2019.
KEY FACTS
215,598Population
38.4Median Age
2.56Average Household Size
$54,082Average Household Income
EDUCATION
20%
No High School
Diploma 35%High School
Graduate
28%Some College 17%
Bachelor's/Grad/Prof Degree
BUSINESS
8,512Total Businesses
103,572Total Employees
EMPLOYMENT
43%White Collar
21%Blue Collar
36%Services
7.2%
Unemployment Rate
INCOME
$38,853
Median Household Income
$21,011
Per Capita Income
$20,974
Median Net Worth
Households By IncomeThe largest group: $50,000 - $74,999 (17.5%)
The smallest group: $200,000+ (1.8%)
Indicator Value Difference
3700 Pecos McLeod Interconnect OM | 10
AREA DEMOGRAPHICS /5 MILE RADIUS
Source: This infographic contains data provided by Esri, Esri and Infogroup. The vintage of the data is 2019.
KEY FACTS
482,247Population
36.0Median Age
2.71Average Household Size
$58,019Average Household Income
EDUCATION
22%
No High School
Diploma 34%High School
Graduate
28%Some College 17%
Bachelor's/Grad/Prof Degree
BUSINESS
23,456Total Businesses
398,745Total Employees
EMPLOYMENT
44%White Collar
21%Blue Collar
34%Services
6.6%
Unemployment Rate
INCOME
$41,664
Median Household Income
$21,132
Per Capita Income
$22,517
Median Net Worth
Households By IncomeThe largest group: $50,000 - $74,999 (18.4%)
The smallest group: $200,000+ (2.3%)
Indicator Value Difference
3700 Pecos McLeod Interconnect OM | 11
LOW COST OF DOING BUSINESS:The combination of our zero inventory tax, a rich transportation infrastructure, and the geographic location of the state’s two largest urban centers are prime reasons that top brands like Amazon, Wal-Mart, Levi Strauss & Co., Barnes & Noble, Ur-ban Outfitters, and others choose Nevada to stage their warehousing and distribution strategies.
Collectively, the cities of Las Vegas, Reno, Sparks, Carson City and surrounding towns are less than one day’s drive over arterial interstate highways to near-ly 60 million consumers as well as to the major U.S. deep water seaports serving the Pacific Rim. Major Union Pacific and Southern Pacific rail connections in Las Vegas and Reno also, too, play an essential role in carrying the world’s freight from the Pacific Coast to America’s Heartland and beyond.
Nevada offers a very competitive cost of doing business and is attracting more and more compa-nies each day from higher-cost regions.
NEVADA HAS:• An abundance of economical commercial
real estate
• Competitive utility rates for commercial operations
• Low-cost startup, regulatory, licensing and annual fees
• Proximity to West Coast/California markets and businesses, reducing shipping and storage costs
• Excellent air cargo costs for shipping by air out of Nevada
• Nevada business incentives
1. Tax abatements for job creation, capital investment and intellectual property development
2. Workforce development training grants
3. Catalyst Fund to support new business or expansion in state
EXCELLENT TAX ADVANTAGES:
NO Personal Income Tax
NO Corporate Income Tax
NO Unitary Tax
NO Franchise Tax
NO Inventory Tax
NO Estate Tax
NO Inheritance Tax
NEVADA BUSINESS ADVANTAGES
NEVADA BUSINESS ADVANTAGES
3700 Pecos McLeod Interconnect OM | 12
MORE ON LOW COSTS OF DISTRIBUTION TO WEST COAST MARKETS:The combination of our zero inventory tax, a rich trans-portation infrastructure, and the geographic location of the state’s urban centers are prime reasons that top brands like Amazon, Wal-Mart, Levi Strauss & Co., Barnes & Noble, Urban Outfitters, and others choose Nevada to stage their warehousing and distribution strategies.
Las Vegas is less than one day’s drive over arterial In-terstate highways to nearly 60 million consumers as well as to the major U.S. deep water seaports serving the Pacific Rim. Major Union Pacific and Southern Pacific rail connections in Las Vegas play an essential role in carrying the world’s freight from the Pacific Coast to America’s Heartland and beyond.
Globally, McCarran International Airport in Las Vegas has been a Top 20 airport for more than five years, an-nually serving more than 40 million and handling more than 189 million pounds of cargo. More important, the airport is served by nonstop flights to and from nearly all major metropolitan areas in the United States as well
as several important global centers in Europe, Asia and Latin America.
MORE ON NEVADA’S TAX ADVANTAGES:Nevada ranks a very favorable third in the Tax Founda-tion’s 2012 Business Tax Climate Index, an independent ranking of states in five areas of taxation: corporate taxes; individual income taxes, sales taxes, unemploy-ment insurance taxes, and taxes on property, including residential and commercial property.
The Tax Climate Index comparison to neighboring states is significant: California ranks 48th, Arizona 27th, Idaho 21st, Oregon 13th and Utah 10th.
In addition to the Tax Climate Index, Nevada ranks sec-ond in the nation for lowest state and local tax burden – an estimated 7.5% of income.
The state’s historically strong logistics and distribution business sector is as much a statement of tax policy – no Inventory Tax – as it is of the excellence of its air, rail and highway arterial infrastructure and proximity to major markets and ports.
NV State Population
3.03M2018
Employment
1.48MJUL 2019
Spending
$5.44BMAY 2019
NEVADA BUSINESS ADVANTAGES (CON’T)
3700 Pecos McLeod Interconnect OM | 13
RESORTS WORLD$4.2B
CONVENTION CENTER EXP.$1.4B UNION VILLAGE$1.2B SWITCH$1.0B
PROJECT NEON$1.0B
MSG SPHERE$1.7B
LAS VEGAS STADIUM$1.9B
THE DREW$3.1B
$24+ Billionin New Capital Investment
is Driving Growth
EXTREME SPORTS PARK$800MTHE MAJESTIC$850MHENDERSON WEST$950M
JACKIE ROBINSON ARENA$2.7B
*From Applied Analysis
LAS VEGAS OVERVIEW