subject ve. - loopnet
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MARINA [email protected]
GINO VINCENT, CCIMVice [email protected]
S. BOULDER HWY. // 8,900 CPD
E. LAKE MEAD PKWY. // 40,000 CPD
Henderson Justice and Municipal Courts
Henderson City Hall
SUBJECT
Dignity Health St. RoseDominican, Rose de Lima
Eldorado Casino
Rainbow Club Casino
Emerald Island CasinoWater Street District
Golden Knights Hockey Facility
Thirty7 Mixed-UseDevelopment
Hardway 8 BarLovelady Brewery
E. ATLANTIC AVE.
E. PACIFIC AVE. F O R S A L ER E TA I L
147 S. WATER ST.HENDERSON, NV 89015
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereofLOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COM
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
PROPERTY DETAILS
OFFERING PRICE: $1,100,000
ADDRESS: 147 S. Water St., Henderson, NV 89015
APN: 179-18-710-051
SIZE: +/- 6,645 SF
LAND SIZE: +/- 0.16 AC
YEAR BUILT: 1956
ACREAGE: +/- 0.16 AC
OCCUPANCY: 0%
ZONING & JURISDICTION: Downtown Mixed Use (DX); City of Henderson
PROPERTY OVERVIEW147 S. Water St.Henderson, NV 89015
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
PROPERTY DETAILS
� Heart of the Water Street District: Rare acquisition opportunity in the heart of the Water Street District in Downtown Henderson which is currently undergoing a revitalization.
� Owner/User or Value-Add Retail: The property is being sold 100% vacant, making this prime for an owner/user to occupy or a value-add investor to lease up.
� Join the Golden Knights: Across the street from the newly announced Golden Knights hockey facility which will be on the +/-3.2 AC site of the current Henderson Convention Center. The project will include two hockey rinks, a restaurant, retail space and meeting space.
PROPERTY OVERVIEW
INVESTMENT HIGHLIGHTS
147 S. Water St.Henderson, NV 89015
� Opportunity Zone: The property is situated within a designated Opportunity Zone providing three significant tax incentive options for investors – a temporary deferral, a step-up in basis, or a permanent exclusion from capital gains taxable income - please contact your CPA for more information.
� Redevelopment Area: Surrounded by recent and planned developments including the newly opened Juan’s Flaming Fajitas, new Hardway 8 UNLV Bar, renovation of the Goldmine Tavern, and the Townhouse mixed-use redevelopment. Multiple city incentives also available for redevelopment.
� Near Cadence Masterplan: Minutes from the new Cadence master-planned residential community featuring +/-2,200 acres and +/-13,250 planned residences.
S. WATER ST.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
GALLERIA MALL
*plus over 130 other brand name stores
SUNSET STATION
VALLEY AUTOMALL
W. WARM SPRINGS RD. // 23,000 CPD
FIESTA HENDERSONHOTEL & CASINO
CADENCEMASTER PLANNED
COMMUNITY
W. LAKE MEAD PKWY. // 42,000 CPD
N. BOULDER HWY. // 36,000 CPD
W. SUNSET RD. // 37,000 CPD
N. ST
EPHA
NIE ST
. // 31
,000 C
PD
UNION VILLAGE
SUBJECT
HENDERSONMUNICIPAL COURT
GOLDEN KNIGHTS HOCKEY FACILITY
HENDERSONCITY HALL
AERIAL MAP
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
S. BOULDER HWY. // 8,900 CPD
E. LAKE MEAD PKWY. // 40,000 CPD
Henderson Justice and Municipal Courts
Henderson City Hall
SUBJECT
Dignity Health St. RoseDominican, Rose de Lima
Eldorado Casino
Rainbow Club Casino
Emerald Island CasinoWater Street District
Golden Knights Hockey Facility
Thirty7 Mixed-UseDevelopment
Hardway 8 BarLovelady Brewery
E. ATLANTIC AVE.
E. PACIFIC AVE.
AERIAL MAP
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
AERIAL MAP
SUBJECT
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
S. W
ater
St.
Ste. 100 +/- 2,331 SF
VACANT
Ste. 110 +/- 1,418 SF
VACANT
Ste. 120 +/- 1,876 SF
VACANT
Storage+/- 1,020 SF
VACANT
FLOOR PLAN
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
PROPERTY PHOTOS
Ste. 110 Ste. 120
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
147 S. Water St.Henderson, NV 89015
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
RADIUS MAPPOPULATION 1-mile 3-mile 5-mile
2018 Estimated Population 10,654 83,389 172,725
2023 Projected Population 11,463 90,806 192,206
2010 Census Population 10,035 73,599 146,048
Annual Growth 2010 - 2018 0.73% 1.53% 2.05%
Annual Growth 2018 - 2023 1.47% 1.72% 2.16%
INCOME 1-mile 3-mile 5-mile
2018 Average Household Income $63,572 $74,559 $79,526
2023 Projected Average Household Income $72,654 $85,463 $91,185
2018 Per Capita Income $25,261 $27,043 $29,368
2023 Per Capita Income $28,359 $30,698 $33,381
HOUSEHOLDS 1-mile 3-mile 5-mile
2018 Total Households 4,087 29,809 62,752
2023 Total Households 4,382 32,270 69,442
2010 Census Households 3,895 26,710 53,849
HOUSING 1-mile 3-mile 5-mile
2018 Total Housing Units 4,516 32,434 68,914
2018 Owner Occupied Housing Units 2,092 19,197 39,416
2018 Renter Occupied Housing Units 1,995 10,612 23,337
2018 Vacant Housing Units 429 2,625 6,162
2023 Total Housing Units 4,842 34,929 75,753
2023 Owner Occupied Housing Units 2,288 21,256 44,266
2023 Renter Occupied Housing Units 2,094 11,013 25,176
2023 Vacant Housing Units 460 2,659 6,311
DEMOGRAPHICS
LOGIC COMMERCIAL REAL ESTATE • 3900 S. HUALAPAI WAY, SUITE 200 • LAS VEGAS, NV 89147 • P: 702.888.3500 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
PROPERTY MANAGEMENTLOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding of commercial real estate management. We methodically approach each assignment with customized management strategies that meet the client’s needs, maintain the property’s physical plant, and effectively service tenants.
We know our priority is to cooperate with our tenants by working intelligently to reduce expenses and to serve our owner-clients by identifying creative ways to drive income. We provide for accountability in every step we take, from management to accounting. Logic Property Management will pinpoint a client’s goals and objectives, meet challenges, and achieve expected results from your investment.
Contact:LAUREN VANISKIDirector of Property [email protected]
ADDITIONAL SERVICES
CAPITAL MARKETSLOGIC Capital Markets is a preferred funding source for investors, developers and operators of commercial real estate. Our loan brokerage service & origination platform provide our clients access to the market’s wide range of competitive products for all property types. Through our relationships which include banks, conduits, life companies, mortgage funds, and hard money lenders, we are able to offer debt and equity financing for the purpose of acquisition, development, refinance, buyouts, and more.
Contact:JEFF [email protected]
We provide a host of services to our clients that include Property Management and Capital Markets.