phil scheinman urban nest realty
TRANSCRIPT
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
CONFIDENTIALITY AGREEMENT Urban Nest ("Broker") is the exclusive agent for the sale of 4160 East Sahara ("Property") in Las Vegas, NY, by W C F SAHARA LL C ("Seller"). Seller and Broker make no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The property is being offered for sale in an "as-is, where-is" condition.
The information included in the enclosed materials is highly confidential and is provided to potential purchasers interested in Property described herein. The information contained herein cannot be used for any other purpose or shown to any other party without the express consent of the seller. Prior to receipt of this material, and through the completion of the Confidentiality Agreement, each recipient is identified as "Potential Investor" or "Buyer's Agent". The information provided herein is conditional upon the terms, provisions and limitations of this confidentiality agreement furnished by Broker. The sole purpose of providing this material is to allow Potential Investor to conduct reasonable research and analysis of the Property. The information in the enclosed materials was compiled based on reputable sources, however, neither Broker nor Seller or any of their affiliates warrant the accuracy and or completeness of the information contained herein, and neither Broker nor Seller shall carry any liability whatsoever for information contained herein, or any written or spoken communication. Furthermore, Broker or Seller shall not be liable for any decision or action taken by recipient of the information regarding the Proferty.Potential Investor shall base their decision on their own due diligence and research. This document merely outlines some principa arrangements, and these summaries herein are not intended to serve, in any way, as comprehensive legal documents.
Seller, at its sole and absolute discretion, reserves the right to withdraw Property from being marketed for sale for any reason and at any time. Seller, with or without notice, expressly reserves the right to reject any and a.11 expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time. This offering is made subject to withdrawal from the market without notice, change of price or other terms, and corrections of errors & omissions. Prior to bid deadline, Seller reserves the right to accept an offer or negotiate. Broker is not authorized to make any representations or agreements on behalf of Seller.
Unless and until a binding written agreement for the purchase of Property has been fully executed, delivered, and approved by Seller and any conditions to Seller and Purchaser's obligations there under have been satisfied or waived, Seller shall have no legal obligation or commitment to any interested party performing additional investigations, reviewing the enclosed materials, and/or making an offer to purchase Property. By reviewing the information contained herein, the recifient agrees that (a) the enclosed materials and their contents will be treated in thestrictest confidence and they are of a highly con.fidentia nature;(b) the recipient shall not contact employees of Property directly or indirectly regarding any aspect of the enclosed materials of Property without the prior written approval of the or Broker; and (c) without the prior
wntten authorization of Seller or Broker, no portion of the enclosed materials may be reproduced or otherwise copied.
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
TABLE OF CONTENTS:
4. EXECUTIVE SUMMARY
5.AERIAL
6. SITE PLAN AND PROPERTYfflGIIl.IGHTS
PHIL SCHEINMAN 1 702 580 9198 [email protected]
7. TENANT PROFILE ( & 7b)
8. DEMOGRAPmcs
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
EXECUTIVE SUMMARY
Sahara Pointe Plaza
Property Address:
Jurisdiction:
Offering Pr1ce:
Price PSF:
Number of Units
capRate: Projected
Building Size:
Land Size:
APN:
Number of Buildings:
Ingress/Egress:
Occupancy:
Zoning:
Spaces Available Ranging:
4160 East Sahara Avenue
Clark County - 89 I 04
$1,699,000
$ 199.43
6
6.7 %
8519 SF
.71 Acre
161-06-816-JO0
1
Sahara Avenue
100¾
Local Business (C-1)
900 SF • 1,605 SF
2008 Construction Year:
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Property Summary
Sahara Pointe Plaza is conveniently located on Sahara Avenue near Lamb Boulevard in the East corridor of Las
Vegas, having the civic address of 4160 E. Sahara Avenue,
Las Vegas, NV 89104. The property offers direct access to
Sahara Avenue with strong traffic counts of ±28,000 cars
per day. The center benefits from it's placement directly
alongside a strong retail corridor on the east side of Las
Vegas with major national tenants such as 7-11 and
Family Dollar Store. As of 2018 there are approximately
452,415 residents living within a three (5) mile radius and
the average household income was $54,322.
Sahara Pointe Plaza consists of one single story ±8,519 SF
multi-tenant retail shopping center, situated on ±. 71 acres.
Access to the property is provided via access point along
Sahara Avenue. Nearby corner of Lamb Boulevard bas a
traffic count of ±31,000 cars per day.
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
SITE PLAN
I
�
� en
11111 TR.1$14 TR.1$14
I I I I I I
LAMB __ _
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Vacant
Unit 100 1423 Sq ft
Osc.ar Garcia Hair Salon unit 105 96lsqft
DELSOL MARKET
unit 110 2300 Sq Ft
Meo-o PCS Unit 120 1383 Sq fl
Vacaot unit 125 1605 Sq fl
PROPERTY HIGHLIGHTS
· Built in 2008
• 8519 Sq Ft
• Zoned C-1
• .71 Acres
• Room for growthon existing rents
· Food Truck - Providesadditional rental income)
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
TENANT OVERVIEW
Family friendly full
service salon where
you'll receive excep
tional work performed
by highly trained and
creative stylists. They
offer a full range of
salon services, hair
and nails, makeup and
much more •
Tenant Name:
Rental Rate PSF Monthly:
Rent Commencement:
Lease Expiration:
Gross Leaseable Area:
Option Term:
Pro Rota Share of Project
Headquartered:
Revolution Beauty Salon
$1.32
966 sq ft
11%
Los Vegas, NV
•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
UNIT 100 COMING SOON
UNIT 115 COMING SOON
UNIT 125 COMING SOON
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
TENANT OVERVIEW
The Del Sol Market is proud to be the anchor tenant with a 20 plus year lease in place. Serving the east side community with a wide arrange of food, drink and necessity products. Aside for the commerse sold at the market they have an excellent gaming revenue stream .
Tenant Name:
Rental Rate PSF Monthly:
Rent Commencement:
Lease Expiration:
Gross Leaseable Area:
The Del Sol Market $.9�
4/1/ 16 3/31/21
2292 Option Term: Four (4) 5-year (3% increase annually) Pro Rota Share of Project 27% Headquartered: Los Vegas, NV
••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• MetroPCS mission is to offer consumers an exceptional experience within the wireless industry. By raising expectations and meeting them with excellent customer service, quality products and affordable flat rate plans, we act as a leader in the wireless communications industry.
PHIL SCHEINMAN 1 702 580 9198 [email protected]
Tenant Name:
Rental Rate PSF Monthly:
Rent Commencement:
metroPCS $1 .49
4/1/16 Lease Expiration: 3/31/21 Gross Leaseable Area: 1383 Option Term: One (1) 3-year (3% increase annually) Pro Rota Share of Project: 16% Headquartered:
Website:
Richardson, TX, https ://www.metropcs.com
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.
Avorago Houtthold S'a•
149,186
Househokfs
452,415 Population
$41,169 Modi•n lioutohold
ln<:0mo
•
$35,625
Nearby EDUCATION
• No High School
o_,loma
PHIL SCHEINMAN 1 702 580 9198 [email protected]
�
33% High School
Graduate
�
24% Some College
11% Bec:helot's/Grad/Prof
o.;,ee
$54,322 2018 Average
Houtohold lnoomo
$17,415 2018 "-rC.plta
lncomo
HOUSENOlONOOME
$266,163 2018 Average Net
Urban Nest Realty 10220 West Charleston Blvd
Las Vegas, Nevada 89135
Information herein has bQQn obtained from sources deemed reliable, however its accuracy cannot b e guaranteed. The user is required to conduct their own due diligence and verification.