OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team...
Transcript of OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team...
presented by:
MARC MAGLIARDITI, CCIMVice [email protected]
F O R L E A S EOFFICE
375 @WARM SPRINGS
TRAVIS LANDESSenior [email protected]
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
375 E. Warm Springs Rd.Las Vegas, NV 89119 PROPERTY OVERVIEW375 E. Warm Springs Rd.Las Vegas, NV 89119
PROPERTY OVERVIEWRecently purchased, the New Owner has commenced a full remodel of the
interior and exterior of the 2-story office building, originally built in 2002.
With excellent street exposure on E. Warm Springs Rd., this Class “B” office
building is strategically located, with close proximity to McCarran International
Airport, McCarran Rent-A-Car Center in addition to being approximately 1.3
miles from Interstate 15, 215 Beltway and Las Vegas Boulevard. With such
access, the project offers its current prospects an office environment with high
visibility and ease of access to all major points in the Las Vegas Valley. The
building is approximately 68,353 SF and was constructed with a master-plan
in mind. During the Renovation Period, the neighboring sites will continue to
be developed as a non-gaming national brand hotel and national gas station/
convenience store.
ADDRESS: 375 E. Warm Springs Rd., Las Vegas, NV 89119
APN: 177-09-514-002
ZONING: C-P (Office & Professional)
YEAR BUILT: 2002
BUILDING SIZE: +/- 68,353 SF
ACRES: +/- 3.68 AC
PARKING: 4.5 : 1,000 - Surface & covered parking available
PUBLIC TRANSIT: RTC stop at property on north side of Warm Springs Rd.
BUILDING SIGNAGE: Building signage available
PROPERTY OVERVIEW
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
375 E. Warm Springs Rd.Las Vegas, NV 89119
PROPERTY HIGHLIGHTS
� Aggressive new ownership looking to make deals
� Ownership invested $500,000 into remodel in Q4 2018
� Centrally located with easy access to I-15 Freeway, CC 215 Beltway, Las
Vegas Strip and McCarran International Airport
� Prominent building signage opportunities
� Prominent Las Vegas Strip facing 1/2 floor suite available
� Up to 18,203 SF existing open office space on the second floor
PROPERTY DETAILS
LEASING DETAILS
Inline Space:
$1.35 - $1.50 PSF NNN
Space Available:
+/- 4,000 - 18,203 SF
Updated: 03.08.19
POPULATION 1-mile 3-mile 5-mile
2018 Population 7,618 91,031 350,414
HOUSEHOLDS 1-mile 3-mile 5-mile
2018 Households 2,837 35,466 140,431
INCOME 1-mile 3-mile 5-mile
2018 Average HH Income $94,083 $75,053 $71,960
DEMOGRAPHICS
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
375 E. Warm Springs Rd.Las Vegas, NV 89119
SUBJECT
THE EDGEEXTREME SPORTS PARK/
HOTEL PROJECT
LAS V
EGAS
BLV
D.
E. SUNSET RD.
E. ROBINDALE RD.
W. RUSSELL RD.
LAS VEGASRESORT CORRIDOR
E. WARM SPRINGS RD. // 23,000 CPD
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 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
375 E. Warm Springs Rd.Las Vegas, NV 89119
CC 215 //140,000 CPD
Opening Q4 2018
NOW OPEN
SUBJECT
E. WARM SPRINGS RD. // 23,000 CPD
BERMUDA RD.
PLACID ST.
AERIAL MAP
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
375 E. Warm Springs Rd.Las Vegas, NV 89119
E. WARM SPRINGS RD.
PLACID ST.
SUBJECT SITE
New HotelUnder Construction
NAP
NAP
NAP
SITE 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 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
375 E. Warm Springs Rd.Las Vegas, NV 89119
LEASEDSuite 104
LEASEDSuite 103
LEASEDSuite 102
LEASEDSuite 100 | 1,401 RSF
FIRST FLOOR - 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 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
375 E. Warm Springs Rd.Las Vegas, NV 89119 SECOND FLOOR - FLOOR PLAN
LEASEDSuite 202VACANT
Suite 201 | 9,631 RSF
VACANTSuite 200 | 18,203 RSF
Bath
room
Bath
room
LEASEDSuite 201
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
375 E. Warm Springs Rd.Las Vegas, NV 89119
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.