OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team...

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presented by: MARC MAGLIARDITI, CCIM Vice President 702.954.4115 [email protected] FOR LEASE OFFICE 375 @ WARM SPRINGS TRAVIS LANDES Senior Associate 702.954.4126 [email protected]

Transcript of OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team...

Page 1: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

presented by:

MARC MAGLIARDITI, CCIMVice [email protected]

F O R L E A S EOFFICE

375 @WARM SPRINGS

TRAVIS LANDESSenior [email protected]

Page 2: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 3: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 4: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 5: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 6: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 7: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 8: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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

Page 9: OFFICE - LoopNet€¦ · Las Vegas, NV 89119 PROPERTY MANAGEMENT LOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding

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.