OFFERING MEMORANDUM UNIQUE FREESTANDING …...OFFERING MEMORANDUM. UNIQUE FREESTANDING SHOWROOM....

4020 Boulder Highway, Las Vegas, Nevada 89121

OFFERING MEMORANDUMUNIQUE FREESTANDING SHOWROOM


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.

Paul ChaffeeSenior Vice [email protected]

Wil ChaffeeSenior Vice [email protected]

John [email protected]

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

TABLE OF CONTENTS

Offering HighlightsProperty PhotosSite PlanLas Vegas Valley Location MapAssessor Parcel MapSurrounding Aerial Map

Market Overview Section 2

Las Vegas Retail & East Las Vegas Submarket ReviewArea Demographics

Property Overview Section 1


OFFERING HIGHLIGHTS

THE OFFERINGSun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase this quality designed building. Building was built in 2006, Indian Motorcycles of Las Vegas (aka Arlon Ness Motorcycles of Las Vegas) was a designed build assignment located on ±1.19 acres at 4020 S. Boulder Highway.

OFFERING HIGHLIGHTS• 100% leased to single tenant• Excellent build-out• Suitable for a variety of automotive and other retail uses• Zoned C-2 (General Commercial)• Three (3) 12’ grade level doors• 12 covered and 26 open spaces• Monument signage available• Located within the Opportunity Zone

PROPERTY LOCATIONThe ±17,023 SF single story facility was flawlessly designed to accommodate an ±8,090 SF showroom with extensive use of large glass windows. Adjacent to the glass portioned showroom is a covered front patio used as additional space to display eye-catching product viewable from Boulder Highway traffic. Space also includes administrative offices and an executive suite with a private bathroom including a shower. The highlights of the remaining ±8,933 SF of shop/service garage space includes personal work lockers and a state of the art fabrication room. A security system is also in place. The Showroom enjoys an unobstructed sight line to Boulder Station which is directly across the street and provide traffic counts of ±41,000 CPD. In addition to the above described building, there is a large secured storage yard area.

PROPERTY DESCRIPTIONThe subject property is 100% leased to a single tenant who is under contract until July 2019, with a five year option. The property has an excellent build-out and would be well suitable for a variety of automotive and other retail users. Tenant would consider moving if an owner/user wished to purchase the property.

SUMMARY Asking Price: Total Building Size:

Zoning: Site Size:

$3,500,000

±1.19 Acres ±17,023 SF

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness.

C-2 (General Commercial)

Paul ChaffeeSenior Vice [email protected]

Wil ChaffeeSenior Vice [email protected]

John [email protected]

CONTACT TEAM


PROPERTY PHOTOS

5


PROPERTY PHOTOS


SITE PLAN


LAS VEGAS VALLEY LOCATION MAP


ASSESSOR PARCEL MAP

>

PT 161-07-702-014

402

420804

803

802

GREENBRIAR TOWNHOUSE WAY

MILLWOOD AVE

BRIARWOOD AVE

018

018

021

017

023

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029

037

017

055056

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410

410 340

340

470

LAM

B B

LVD

BOULDER HWY

DESERT INN RD

PB 7-74

PB 16-70

PB 10-27

PB 16-70

PB 7-14

PB 3-97

PRIV

ATE

PRIVATE

PRIV

ATE

PRIVATE

3

4

10

11

172

614

584

12

12

173

174

175

179

612

613615

585 586

610611

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3-B

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166.78

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138.62

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PB 11-50

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PLAZADESERT INN

GREENBRIARUNIT NO 1

PT 161-07-320-031

110

415

154

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PM 38-69

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812

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60

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501-003L=131.76

PT 161-18-

UNIT NO 1-AGREENBRIAR

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PM 33-33

SAND

HILL

RD

PARK-DALEUNIT NO 4

410

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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 CO., NV.

Scale: 1" = 200' 09/19/2011

T21S R62E 7 S 2 SE 4 161-07-8

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

410,340

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

176

190192

124125

142141138 139

161162163

180179177 178

191

123 121122

158160 159

181

186188189

140

Michele W. Shafe - Assessor

>

PT 161-07-702-014

402

420804

803

802


MILLWOOD AVE

BRIARWOOD AVE

018

018

021

017

023

026

029

037

017

055056

059

410

410 340

340

470

LAM

B B

LVD

BOULDER HWY

DESERT INN RD

PB 7-74

PB 16-70

PB 10-27

PB 16-70

PB 7-14

PB 3-97

PRIV

ATE

PRIVATE

PRIV

ATE

PRIVATE

3

4

10

11

172

614

584

12

12

173

174

175

179

612

613615

585 586

610611

3-A

3-B

3031

323346

47

90

9394

97

68

7 8 9

17181920

12 13 14 15

1

2

1

2

12

14

17

2

3435

45

9192

9596

104105

106107

108109

110

7

3-C

13

1

1

24

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117.0

5

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8

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171.

44

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97

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58.279.69

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70

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98.09 79.01

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PB 11-50

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PLAZADESERT INN

GREENBRIARUNIT NO 1

PT 161-07-320-031

110

415

154

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100101102103

30

BRIARWOOD AVE

035

PM 38-69

801

812

811

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72.5 72.5

810

154

PT 161-07-320

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108.38

30

30

30 PRIVATE

PB 11-50

72.572.5

22 72.572.5

1515

15 15

704

72.5

801-001PT 161-07-

1

62.72

72

BOULDER HWY

501-003L=131.76

PT 161-18-

UNIT NO 1-AGREENBRIAR

PLAZA DESERT INN

10

PM 33-33

SAND

HILL

RD

PARK-DALEUNIT NO 4

410

65

100

85

171

177

178

176

1GREENBRIAR UNIT NO 1

GREENBRIAR TOWNHOUSES NO 1

PT 161-07-320-031

37

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2526

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1.57

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0059.31

0082.29

0040.92

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0021.19

0010.35

0110.03

0014.24

0015.41

0043.02

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 CO., NV.

Scale: 1" = 200' 09/19/2011

T21S R62E 7 S 2 SE 4 161-07-8

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

410,340

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

176

190192

124125

142141138 139

161162163

180179177 178

191

123 121122

158160 159

181

186188189

140

Michele W. Shafe - Assessor


SURROUNDING AERIAL MAP

The Las Vegas Strip

SUBJECT PROPERTY

BOULDER HIGHWAY

E DESERT INN ROAD


LAS VEGAS RETAIL & EAST LAS VEGAS SUBMARKET REVIEW

18 CoStar Retail Statistics ©2018 CoStar Group, Inc.

Las Vegas – Year-End 2018

Las Vegas Retail MarketMarket Highlights – Class “A, B & C”

©2018 CoStar Group, Inc. CoStar Retail Statistics 19

Year-End 2018 – Las Vegas

Las Vegas Retail MarketMarket Highlights – Class “A, B & C”

E a s t L a s V e g a s M a r k e t

Deliveries, Absorption & Vacancy Historical Analysis, All Classes

Source: CoStar Property®

Vacant Space Quoted Rental RatesHistorical Analysis, All Classes Historical Analysis, All Classes

Source: CoStar Property® Source: CoStar Property®

Net QuotedPeriod # Bldgs Total RBA Vacant SF Vacancy % Absorption # Bldgs Total RBA # Bldgs Total RBA Rates

2018 4q 488 5,568,856 228,052 4.1% 17,444 0 0 2 93,010 $19.41

2018 3q 488 5,568,856 245,496 4.4% 7,896 0 0 2 93,010 $17.90

2018 2q 488 5,568,856 253,392 4.6% 35,014 0 0 2 93,010 $17.81

2018 1q 487 5,552,856 288,406 5.2% (8,371) 0 0 1 90,000 $16.91

2017 4q 487 5,552,856 280,035 5.0% 28,087 0 0 1 90,000 $16.52

2017 3q 487 5,552,856 308,122 5.5% (1,877) 0 0 1 90,000 $16.15

2017 2q 487 5,552,856 306,245 5.5% 32,720 0 0 1 90,000 $16.55

2017 1q 487 5,552,856 338,965 6.1% 30,245 1 2,200 1 90,000 $15.45

2016 4q 486 5,550,656 367,010 6.6% 48,783 0 0 1 2,200 $14.15

2016 3q 486 5,550,656 415,793 7.5% 21,066 1 9,698 1 2,200 $14.51

2016 2q 485 5,540,958 427,161 7.7% 67,288 1 2,995 2 11,898 $14.15

2016 1q 484 5,537,963 491,454 8.9% (1,162) 0 0 3 14,893 $14.23

2015 4q 484 5,537,963 490,292 8.9% (60,175) 0 0 0 0 $14.10

2015 3q 484 5,537,963 430,117 7.8% 18,039 1 8,000 0 0 $14.27

2015 2q 483 5,529,963 440,156 8.0% (10,581) 0 0 1 8,000 $14.13

2015 1q 483 5,529,963 429,575 7.8% (6,018) 0 0 1 8,000 $13.96


UC InventoryDelivered InventoryExisting Inventory Vacancy

(0.080)

(0.060)

(0.040)

(0.020)

0.000

0.020

0.040

0.060

0.080

2015 1q 2015 2q 2015 3q 2015 4q 2016 1q 2016 2q 2016 3q 2016 4q 2017 1q 2017 2q 2017 3q 2017 4q 2018 1q 2018 2q 2018 3q 2018 4q

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

Delivered SF Absorption SF Vacancy

$0.00

$5.00

$10.00

$15.00

$20.00

$25.00

2017 1q 2017 3q 2018 1q 2018 3q

Dollars

/SF/Y

ear

0.00

0.05

0.10

0.15

0.20

0.25

0.30

0.35

0.40

2017 1q 2017 2q 2017 3q 2017 4q 2018 1q 2018 2q 2018 3q 2018 4q

Direct SF Sublet SF


Las Vegas � Year-End 2018

Las Vegas Retail MarketYear-End 2018 – Las Vegas

Las Vegas Retail Market


General Retail Market Statistics Year-End 2018

YTD Net YTD Under Quoted

Market # Blds Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates

Central East Las Vegas Ret 653 5,319,717 265,096 368,033 6.9% (103,774) 15,728 29,335 $15.02

Central West Las Vegas Ret 705 6,231,350 212,392 212,392 3.4% (109,421) 12,600 245,196 $22.75

East Las Vegas Ret 307 2,118,522 65,124 65,124 3.1% (28,397) 0 93,010 $27.48

North Las Vegas Ret 265 1,843,857 58,416 58,416 3.2% 5,696 15,239 19,680 $18.05

Northeast Las Vegas Ret 468 2,757,514 263,192 270,192 9.8% (200,592) 0 0 $15.18

Northwest Las Vegas Ret 152 1,871,376 132,291 132,291 7.1% (118,973) 9,828 8,270 $26.71

Outlying NE Clark Cnty Ret 79 895,970 14,955 14,955 1.7% 19,649 2,250 0 $12.07

Outlying NW Clark Cnty Ret 4 15,209 0 0 0.0% 0 0 0 $0.00

Outlying S Clark Cnty Ret 25 121,983 20,000 20,000 16.4% 12,000 0 0 $0.00

Resort Corridor Ret 310 3,249,836 156,150 156,150 4.8% (14,250) 0 303,643 $26.03

Southeast Las Vegas Ret 550 5,188,104 100,954 103,258 2.0% 73,165 20,560 10,404 $17.78

Southwest Las Vegas Ret 297 3,375,238 93,239 108,193 3.2% 13,583 30,109 62,321 $23.28

West Las Vegas Ret 176 2,276,214 16,726 16,726 0.7% (2,563) 0 0 $17.05

Totals 3,991 35,264,890 1,398,535 1,525,730 4.3% (453,877) 106,314 771,859 $20.25


Mall Market Statistics Year-End 2018


Market # Ctrs Total GLA Direct SF Total SF Vac % Absorption Deliveries Const SF Rates

Central East Las Vegas Ret 5 2,656,054 9,500 13,126 0.5% 197,634 0 0 $0.00

Central West Las Vegas Ret 1 982,243 37,800 37,800 3.8% 18,037 0 0 $0.00

East Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00

North Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00

Northeast Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00

Northwest Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00

Outlying NE Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00

Outlying NW Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00

Outlying S Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00

Resort Corridor Ret 2 3,060,772 0 0 0.0% 0 0 0 $0.00

Southeast Las Vegas Ret 3 1,565,168 38,062 38,062 2.4% 161 0 0 $41.42

Southwest Las Vegas Ret 0 0 0 0 0.0% 0 0 0 $0.00

West Las Vegas Ret 3 1,263,212 80,071 80,071 6.3% 22,222 0 0 $30.00

Totals 14 9,527,449 165,433 169,059 1.8% 238,054 0 0 $39.56


Power Center Market Statistics Year-End 2018



Central East Las Vegas Ret 1 622,094 67,009 67,009 10.8% 22,160 0 0 $16.34

Central West Las Vegas Ret 2 1,042,671 122,260 122,260 11.7% (103,444) 0 0 $18.61

East Las Vegas Ret 2 944,605 41,704 41,704 4.4% (893) 0 0 $26.30

North Las Vegas Ret 5 1,757,896 204,275 204,275 11.6% (54,171) 0 0 $23.65

Northeast Las Vegas Ret 1 350,554 2,400 2,400 0.7% 1,600 0 0 $0.00

Northwest Las Vegas Ret 3 1,305,458 15,127 15,127 1.2% 42,598 0 0 $26.77



Outlying S Clark Cnty Ret 0 0 0 0 0.0% 0 0 0 $0.00

Resort Corridor Ret 1 982,702 149,782 149,782 15.2% (55,991) 0 0 $0.00

Southeast Las Vegas Ret 5 2,143,081 25,997 25,997 1.2% 32,177 0 0 $28.33

Southwest Las Vegas Ret 4 2,492,641 96,544 96,544 3.9% (22,910) 0 0 $20.58

West Las Vegas Ret 4 2,017,238 132,288 132,288 6.6% (20,113) 0 0 $25.93

Totals 28 13,658,940 857,386 857,386 6.3% (158,987) 0 0 $22.08


Existing Inventory Vacancy



Figures at a Glance






Shopping Center Market Statistics Year-End 2018



Central East Las Vegas Ret 154 6,729,274 842,318 842,318 12.5% 97,137 2,500 0 $14.29

Central West Las Vegas Ret 198 9,045,769 746,849 798,565 8.8% 1,473 0 32,500 $16.02

East Las Vegas Ret 56 2,495,729 121,224 121,224 4.9% 81,273 0 0 $17.17

North Las Vegas Ret 74 5,455,259 391,660 428,192 7.8% 159,926 0 0 $14.45

Northeast Las Vegas Ret 89 3,601,818 247,413 291,100 8.1% 14,773 0 0 $15.28

Northwest Las Vegas Ret 53 3,627,962 186,047 186,047 5.1% 114,467 61,100 211,868 $18.98

Outlying NE Clark Cnty Ret 10 519,469 63,517 63,517 12.2% (7,584) 0 0 $14.89


Outlying S Clark Cnty Ret 2 86,456 4,318 4,318 5.0% (4,318) 0 0 $12.30

Resort Corridor Ret 23 687,292 19,919 19,919 2.9% (2,550) 0 35,500 $26.51

Southeast Las Vegas Ret 186 11,895,310 1,089,649 1,211,061 10.2% 229,076 124,802 15,140 $17.04


West Las Vegas Ret 81 4,722,387 259,116 268,287 5.7% 108,623 4,347 0 $18.51

Totals 1,029 52,911,112 4,246,943 4,509,461 8.5% 889,924 272,227 395,992 $16.69


Specialty Center Market Statistics Year-End 2018



Central East Las Vegas Ret 1 182,863 0 0 0.0% 0 0 0 $0.00

Central West Las Vegas Ret 2 284,316 0 0 0.0% 0 0 0 $0.00

East Las Vegas Ret 1 10,000 0 0 0.0% 0 0 0 $0.00







Resort Corridor Ret 3 1,194,078 158,010 158,010 13.2% (14,322) 0 0 $18.90

Southeast Las Vegas Ret 2 780,677 63,939 63,939 8.2% 4,311 0 0 $28.03


West Las Vegas Ret 1 74,069 3,712 3,712 5.0% 1,200 0 0 $19.80

Totals 12 3,148,074 271,230 271,230 8.6% 1,883 0 0 $23.77


Total Retail Market Statistics Year-End 2018



Central East Las Vegas Ret 1,067 15,510,002 1,183,923 1,290,486 8.3% 213,157 18,228 29,335 $14.65

Central West Las Vegas Ret 1,207 17,586,349 1,119,301 1,171,017 6.7% (193,355) 12,600 277,696 $17.75

East Las Vegas Ret 488 5,568,856 228,052 228,052 4.1% 51,983 0 93,010 $19.41




Outlying NE Clark Cnty Ret 103 1,415,439 78,472 78,472 5.5% 12,065 2,250 0 $13.93




Southeast Las Vegas Ret 1,298 21,572,340 1,318,601 1,442,317 6.7% 338,890 145,362 25,544 $17.84



Totals 7,521 114,510,465 6,939,527 7,332,866 6.4% 516,997 378,541 1,167,851 $17.95





Figures at a Glance






Shopping Center Market Statistics Year-End 2018



Central East Las Vegas Ret 154 6,729,274 842,318 842,318 12.5% 97,137 2,500 0 $14.29

Central West Las Vegas Ret 198 9,045,769 746,849 798,565 8.8% 1,473 0 32,500 $16.02

East Las Vegas Ret 56 2,495,729 121,224 121,224 4.9% 81,273 0 0 $17.17

North Las Vegas Ret 74 5,455,259 391,660 428,192 7.8% 159,926 0 0 $14.45

Northeast Las Vegas Ret 89 3,601,818 247,413 291,100 8.1% 14,773 0 0 $15.28


Outlying NE Clark Cnty Ret 10 519,469 63,517 63,517 12.2% (7,584) 0 0 $14.89


Outlying S Clark Cnty Ret 2 86,456 4,318 4,318 5.0% (4,318) 0 0 $12.30

Resort Corridor Ret 23 687,292 19,919 19,919 2.9% (2,550) 0 35,500 $26.51

Southeast Las Vegas Ret 186 11,895,310 1,089,649 1,211,061 10.2% 229,076 124,802 15,140 $17.04



Totals 1,029 52,911,112 4,246,943 4,509,461 8.5% 889,924 272,227 395,992 $16.69


Specialty Center Market Statistics Year-End 2018



Central East Las Vegas Ret 1 182,863 0 0 0.0% 0 0 0 $0.00

Central West Las Vegas Ret 2 284,316 0 0 0.0% 0 0 0 $0.00

East Las Vegas Ret 1 10,000 0 0 0.0% 0 0 0 $0.00







Resort Corridor Ret 3 1,194,078 158,010 158,010 13.2% (14,322) 0 0 $18.90

Southeast Las Vegas Ret 2 780,677 63,939 63,939 8.2% 4,311 0 0 $28.03


West Las Vegas Ret 1 74,069 3,712 3,712 5.0% 1,200 0 0 $19.80

Totals 12 3,148,074 271,230 271,230 8.6% 1,883 0 0 $23.77


Total Retail Market Statistics Year-End 2018



Central East Las Vegas Ret 1,067 15,510,002 1,183,923 1,290,486 8.3% 213,157 18,228 29,335 $14.65

Central West Las Vegas Ret 1,207 17,586,349 1,119,301 1,171,017 6.7% (193,355) 12,600 277,696 $17.75

East Las Vegas Ret 488 5,568,856 228,052 228,052 4.1% 51,983 0 93,010 $19.41




Outlying NE Clark Cnty Ret 103 1,415,439 78,472 78,472 5.5% 12,065 2,250 0 $13.93




Southeast Las Vegas Ret 1,298 21,572,340 1,318,601 1,442,317 6.7% 338,890 145,362 25,544 $17.84



Totals 7,521 114,510,465 6,939,527 7,332,866 6.4% 516,997 378,541 1,167,851 $17.95





Figures at a Glance


AREA DEMOGRAPHICS (1 MILE RADIUS)

KEY FACTS

22,917Population

41.62018 Median Age (Esri)

2.66Average Household Size

$52,420Average Household Income

EDUCATION

22%

No HighSchool

Diploma 38%High School

Graduate

27%Some College 13%

Bachelor's/Grad/ProfDegree

BUSINESS

405Total Businesses

5,229Total Employees

EMPLOYMENT

42%White Collar

20%Blue Collar

38%Services

10.3%

UnemploymentRate

INCOME

$39,472

Median HouseholdIncome

$20,637

Per Capita Income

$46,268

Median Net Worth

Households By IncomeThe largest group: $35,000 - $49,999 (18.5%)

The smallest group: $200,000+ (1.0%)Value DifferenceIndicator

<$15,000

$25,000 - $34,999

$15,000 - $24,999

$50,000 - $74,999

$35,000 - $49,999

$75,000 - $99,999

$100,000 - $149,999

$150,000 - $199,999

$200,000+

12.5%

15.3%

15.1%

17.7%

18.5%

9.9%

7.3%

2.7%

1.0%

+2.6%

+4.3%

+5.8%

+4.4%

-1.5%

-3.4%

-6.8%

-1.9%

-3.6%

Bars show deviation from

Clark County



KEY FACTS

229,571Population




EDUCATION

24%

No HighSchool


Graduate

27%Some College 13%


BUSINESS

6,192Total Businesses


EMPLOYMENT

42%White Collar

20%Blue Collar

38%Services

8.4%

UnemploymentRate

INCOME

$39,472


$20,637

Per Capita Income

$46,268

Median Net Worth



<$15,000

$25,000 - $34,999

$15,000 - $24,999

$50,000 - $74,999

$35,000 - $49,999

$75,000 - $99,999

$100,000 - $149,999

$150,000 - $199,999

$200,000+

14.4%

14.3%

14.1%

18.3%

16.9%

10.2%

7.9%

2.3%

1.6%

+4.5%

+3.3%

+4.8%

+2.8%

-0.9%

-3.1%

-6.2%

-2.3%

-3.0%


Clark County



KEY FACTS

497,811Population




EDUCATION

25%

No HighSchool


Graduate

28%Some College 14%


BUSINESS

18,682Total Businesses


EMPLOYMENT

43%White Collar

21%Blue Collar

37%Services

8.0%

UnemploymentRate

INCOME

$39,472


$20,637

Per Capita Income

$46,268

Median Net Worth



<$15,000

$25,000 - $34,999

$15,000 - $24,999

$50,000 - $74,999

$35,000 - $49,999

$75,000 - $99,999

$100,000 - $149,999

$150,000 - $199,999

$200,000+

15.6%

14.0%

14.0%

18.0%

16.5%

9.8%

8.0%

2.3%

1.8%

+5.7%

+3.2%

+4.5%

+2.4%

-1.2%

-3.5%

-6.1%

-2.3%

-2.8%


Clark County

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