Sun MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX …...Page 1 of 14 MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX...

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PAGE 1 OF 14 MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX FOR SALE 4275 W. Bell Drive, Las Vegas, Nevada 89118 Sun Commercial Real Estate, Inc. Lisa Hauger Senior Vice President 702-968-7333 [email protected] Tim Erickson Senior Associate 702-968-7334 [email protected]

Transcript of Sun MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX …...Page 1 of 14 MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX...

Page 1: Sun MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX …...Page 1 of 14 MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX FOR SALE Sun 4275 W. Bell Drive, Las Vegas, Nevada 89118 Commercial Real Estate,

Page 1 of 14

MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX FOR SALE4275 W. Bell Drive, Las Vegas, Nevada 89118Sun

Commercial Real Estate, Inc.

Lisa HaugerSenior Vice President

[email protected]

Tim EricksonSenior Associate

[email protected]

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offering MeMoranduM | 4275 W. Bell drive Page 2 of 14

ContaCt teaM

Exclusively listed by: Sun Commercial Real Estate, Inc.6140 Brent Thurman Way, Suite 140, Las Vegas, Nevada 89148

702 | 968 | 7300 Ph • 702 | 968 | 7301 Faxwww.SunCommercialRE.com

Timothy EricksonSenior Associate

[email protected]

Lisa HaugerSenior Vice President

[email protected]

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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.

Cathy Jones, CPA, SIOR, [email protected]

Confidentiality & disClosure

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Investment SummaryProperty SummaryRent Roll & Expense BudgetAssessor Parcel MapSurrounding Aerial MapLas Vegas Valley Location Map

Market Overview Section 3

Las Vegas Industrial & Southwest Las Vegas Submarket ReviewArea Demographics

Property Overview Section 1

taBle of Contents

Page 5: Sun MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX …...Page 1 of 14 MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX FOR SALE Sun 4275 W. Bell Drive, Las Vegas, Nevada 89118 Commercial Real Estate,

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investMent suMMary

THE OFFERING

Sun Commercial Real Estate is pleased to offer the opportunity to purchase a 26,600 square foot multi-tenant industrial in Southwest Las Vegas. The 12 unit property is 93% occupied by 9 different tenants with staggered lease expirations. Five of the tenants’ lease rates are 25-35% below market giving an investor significant upside as these leases come up for renewal.

Asking Price: Occupancy:

Total Building Area:

2018 NOI:

Price Per SF:

CAP Rate:

Total Land: Year Built:

$2,699,000 93%

± 26,600 SF

$160,683.57

± 2.06 Acres 1986

$101

5.95%

INVESTMENT HIGHLIGHTS

• 100% Occupied Stabilized Industrial Investment with Upside• Below Market Rents• Easy Access to I-15, I-215 and Las Vegas Boulevard• Popular Southwest Location• 4 Leased and Fenced yard spaces provide additional Income• Near the Orleans Casino• Small Incubator Spaces from 1,800-2,800 SF

SUMMARY

Page 6: Sun MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX …...Page 1 of 14 MULTI-TENANT OFFICE/INDUSTRIAL COMPLEX FOR SALE Sun 4275 W. Bell Drive, Las Vegas, Nevada 89118 Commercial Real Estate,

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investMent suMMary

Property Location:

Property Description:

Assessor Parcel Number:

Zoning:

Site Size - Acres:

Building Size - SF:

Construction Year:

Traffic Counts:

The Property is located on Bell Drive just East of Arville Street and South of Tropicana Avenue. The Property is near the Orleans Casino, minutes from I-15 & I-215 Beltway. Tropicana Avenue provides easy access to McCarran International Airport and Las Vegas Boulevard.

The Property consists of a 26,600 square foot multi-tenant industrial building with 12 units. There are seven 1,800 square foot units and five 2,800 square foot units. The units are ideal for small businesses servicing the Southwest area. There are also four fenced yard areas that bring additional income.

162-30-502-001

Light Manufacturing (M-1)

± 2.06 Acres

± 26,600 SF

1986

On W. Tropicana Ave., N. of W. Bell Dr. - ±74,175 CPD

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rent roll & exPense Budget

Suite Tenant RSF % of Total Tenant SinceLease Start Lease End

Lease Type CAM

Monthly Yard Rent

Annual Bumps

Monthly Reserve $/SF/ Month

Monthly NNN Rent Annualized

1&2 Carl J. Wilson 3,600 13.53% 9/1/96 10/01/17 01/31/20 NNN $1,044.00 - - - $0.60 $2,160.00 $25,920.003 & Yard C Carroll Dewitt 1,800 6.77% 3/1/16 03/01/16 04/30/19 NNN $515.28 $150.00 COLA $36.00 $0.41 $741.60 $8,899.204 & Yard B Triple Crown Painting & Drywall 1,800 6.77% 2/1/08 02/01/16 12/31/19 NNN $515.28 $220.68 $0.02 - $0.48 $864.00 $10,368.00

5 & Yard A,D Andrey Kulakov 1,800 6.77% 4/1/17 04/01/17 03/31/19 NNN $522.00 $700.00 3% $36.00 $0.55 $990.00 $11,880.006 Vacant 1,800 6.77% - - - - - - - - - - -7 Diversified Beverage Corp. 1,800 6.77% 3/1/17 03/01/17 03/31/20 NNN $522.00 - 3.5% $36.00 $0.50 $900.00 $10,800.008 B-Fit Training 2,800 10.53% 6/1/16 06/01/16 08/31/21 NNN $801.51 - $0.02 $56.00 $0.40 $1,120.00 $13,440.00

9** National Glass Inc. 2,800 10.53% 12/1/00 mo/mo mo/mo MG - - - - $0.8375 $2,345.00 $28,140.0010 Volga Repair Service, LLC 2,800 10.53% 6/1/17 06/01/17 05/31/20 NNN $801.54 - 3% $56.00 $0.40 $1,120.00 $13,440.0011 Volga Repair Service, LLC 2,800 10.53% 12/1/16 12/01/16 01/31/20 NNN $801.54 - 3% $56.00 $0.40 $1,179.33 $14,151.96

12* Grand Adventures 2,800 10.53% 12/1/17 12/01/17 11/30/22 NNN $812.00 - 2% - $0.63 $1,764.00 $21,168.00

Occupied 24,800 93.2% $6,335.15 $1,070.68 $276.00 $0.53 $13,183.93 $158,207.16Vacant 1,800 6.8%Total 26,600 100.0% $159,855.61

$92,181.96Yard A 5,000 SF $252,037.57Yard B 2,502 SF $91,354.00Yard C 1,312 SF $160,683.57Yard D 6,914 SF

4275 W. Bell Dr. Rent Roll January 1, 2018

Annual Expenses

2018 Scheduled RentAnnualized CAM + Yard Rent+ Reserve

2018 Total Gross Annual Income

** Tenant is Month to Month* Lease is Out for Signature

2018 NOI

Est. Current Base Rent

Operating Exp-Reimbursable Bank Charges 120.00$ Delivery Service-Bank Courier 180.00$ Electricity 1,080.00$ HVAC - Contract 5,564.00$ HVAC - R&M 6,400.00$ Insurance - Package/Umbrella 4,560.00$ Landscaping - Contract 3,840.00$ Landscaping Maint. - Extras 750.00$ Management Fees 12,000.00$ Parking Lot 3,667.00$ Pest Control 330.00$ Porter 1,500.00$ Property Tax 12,964.00$ Repairs & Maintenance 2,016.00$ Roof Repairs/Maintenance 9,800.00$ Sewer 5,134.00$ Trash Disposal 15,766.00$ Water 5,071.00$ Window Washing 612.00$

Total 91,354.00$

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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

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USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL

ASSESSOR'S PARCELS - CLARK CO., NV.

Scale: 1" = 200' 7/2/2015

T21S R61E 30 N 2 NE 4 162-30-5

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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' 7/2/2015

T21S R61E 30 N 2 NE 4 162-30-5

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

470

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

138137 139

161162163164

177 178175

140

Michele W. Shafe - Assessor

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offering MeMoranduM | 4275 W. Bell drive Page 9 of 14

surrounding aerial MaP

SUBJECT PROPERTY

Las Vegas Strip

Future Home of the Las Vegas Raiders

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offering MeMoranduM | 4275 W. Bell drive Page 10 of 14

las vegas valley loCation MaP

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offering MeMoranduM | 4275 W. Bell drive Page 11 of 14

8 CoStar Industrial Statistics ©2017 CoStar Group, Inc.

Las Vegas � Third Quarter 2017

Las Vegas Industrial MarketThird Quarter 2017 – Las Vegas

Las Vegas Industrial Market

©2017 CoStar Group, Inc. CoStar Industrial Statistics 9

Flex Market Statistics Third Quarter 2017

YTD Net YTD Under Quoted

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

Airport/E Las Vegas Ind 134 2,731,116 299,449 301,448 11.0% 47,192 0 0 $11.54

Central Las Vegas Ind 122 6,453,959 75,185 85,485 1.3% (613) 0 0 $14.02

North Las Vegas Ind 165 2,163,758 141,010 143,428 6.6% (3,317) 0 0 $7.33

Northwest Las Vegas Ind 20 443,166 48,647 48,647 11.0% 11,566 0 0 $11.29

SE LV/Henderson Ind 95 1,202,196 98,234 98,234 8.2% 8,383 0 0 $8.80

Speedway Ind 13 349,949 22,800 22,800 6.5% 9,028 0 0 $5.54

SW Las Vegas Ind 250 4,785,502 569,303 576,814 12.1% (24,023) 295,500 0 $10.57

West Las Vegas Ind 157 3,640,862 329,891 329,891 9.1% (4,817) 0 0 $9.67

Totals 956 21,770,508 1,584,519 1,606,747 7.4% 43,399 295,500 0 $10.17

Source: CoStar Property®

Warehouse Market Statistics Third Quarter 2017

YTD Net YTD Under Quoted

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

Airport/E Las Vegas Ind 362 12,291,095 857,017 916,233 7.5% 1,067 27,000 27,000 $8.15

Central Las Vegas Ind 365 7,004,806 465,705 465,705 6.6% 44,077 0 0 $7.77

North Las Vegas Ind 898 33,295,498 2,632,274 2,744,983 8.2% 519,891 1,195,956 4,479,019 $5.56

Northwest Las Vegas Ind 20 462,936 2,512 2,512 0.5% 42,368 0 0 $10.76

SE LV/Henderson Ind 438 14,976,622 997,756 1,025,026 6.8% 332,250 548,990 980,240 $6.47

Speedway Ind 51 3,416,664 200,145 200,145 5.9% 88,072 0 0 $5.29

SW Las Vegas Ind 779 25,646,348 1,430,061 1,463,730 5.7% 299,822 235,938 35,000 $7.87

West Las Vegas Ind 302 7,117,529 342,317 342,317 4.8% 73,937 0 0 $8.84

Totals 3,215 104,211,498 6,927,787 7,160,651 6.9% 1,401,484 2,007,884 5,521,259 $6.75

Source: CoStar Property®

Total Industrial Market Statistics Third Quarter 2017

YTD Net YTD Under Quoted

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

Airport/E Las Vegas Ind 496 15,022,211 1,156,466 1,217,681 8.1% 48,259 27,000 27,000 $8.96

Central Las Vegas Ind 487 13,458,765 540,890 551,190 4.1% 43,464 0 0 $8.32

North Las Vegas Ind 1,063 35,459,256 2,773,284 2,888,411 8.1% 516,574 1,195,956 4,479,019 $5.62

Northwest Las Vegas Ind 40 906,102 51,159 51,159 5.6% 53,934 0 0 $11.20

SE LV/Henderson Ind 533 16,178,818 1,095,990 1,123,260 6.9% 340,633 548,990 980,240 $6.62

Speedway Ind 64 3,766,613 222,945 222,945 5.9% 97,100 0 0 $5.32

SW Las Vegas Ind 1,029 30,431,850 1,999,364 2,040,544 6.7% 275,799 531,438 35,000 $8.25

West Las Vegas Ind 459 10,758,391 672,208 672,208 6.2% 69,120 0 0 $9.10

Totals 4,171 125,982,006 8,512,306 8,767,398 7.0% 1,444,883 2,303,384 5,521,259 $7.16

Source: CoStar Property®

Existing Inventory Vacancy

Existing Inventory Vacancy

Existing Inventory Vacancy

Figures at a Glance

20 CoStar Industrial Statistics ©2017 CoStar Group, Inc.

Las Vegas – Third Quarter 2017

Las Vegas Industrial MarketMARKET HIGHLIGHTS - Flex & Warehouse

©2017 CoStar Group, Inc. CoStar Industrial Statistics 21

Third Quarter 2017 – Las Vegas

Las Vegas Industrial MarketMARKET HIGHLIGHTS - Flex & Warehouse

S W L a s V e g a s M a r k e t

Deliveries, Absorption & Vacancy Historical Analysis, Flex and Warehouse

Source: CoStar Property®

Vacant Space Quoted Rental RatesHistorical Analysis, Flex and Warehouse Historical Analysis, Flex and Warehouse

Source: CoStar Property® Source: CoStar Property®

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

2017 3q 1,029 30,431,850 2,040,544 6.7% 65,371 1 295,500 1 35,000 $8.25

2017 2q 1,028 30,136,350 1,810,415 6.0% (188,165) 1 22,500 2 330,500 $8.03

2017 1q 1,027 30,113,850 1,599,750 5.3% 398,593 1 213,438 3 353,000 $7.89

2016 4q 1,026 29,900,412 1,784,905 6.0% 485,234 1 167,280 4 566,438 $7.86

2016 3q 1,025 29,733,132 2,102,859 7.1% 160,147 4 165,110 4 438,218 $7.68

2016 2q 1,021 29,568,022 2,097,896 7.1% 293,126 3 707,000 6 545,828 $7.48

2016 1q 1,018 28,861,022 1,684,022 5.8% 203,491 0 0 8 1,039,390 $7.49

2015 4q 1,018 28,861,022 1,887,513 6.5% (341,383) 0 0 4 874,280 $7.29

2015 3q 1,018 28,861,022 1,546,130 5.4% 390,940 0 0 3 707,000 $7.34

2015 2q 1,018 28,861,022 1,937,070 6.7% 287,607 2 189,998 1 291,000 $7.25

2015 1q 1,016 28,671,024 2,034,679 7.1% 212,137 1 51,097 2 189,998 $7.11

2014 4q 1,015 28,619,927 2,195,719 7.7% 177,929 0 0 3 241,095 $6.93

2014 3q 1,015 28,619,927 2,373,648 8.3% 272,398 0 0 2 131,095 $6.87

2014 2q 1,015 28,619,927 2,646,046 9.2% 327,718 0 0 1 51,097 $6.68

2014 1q 1,015 28,619,927 2,973,764 10.4% 66,047 0 0 1 51,097 $6.70

2013 4q 1,015 28,619,927 3,039,811 10.6% 363,373 0 0 0 0 $6.72

Source: CoStar Property®

UC InventoryDelivered InventoryExisting Inventory Vacancy

(0.400)

(0.200)

0.000

0.200

0.400

0.600

0.800

2014 1q 2014 2q 2014 3q 2014 4q 2015 1q 2015 2q 2015 3q 2015 4q 2016 1q 2016 2q 2016 3q 2016 4q 2017 1q 2017 2q 2017 3q

Millions

SF

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Percen

t Vacan

t

Delivered SF Absorption SF Vacancy

$7.00

$7.20

$7.40

$7.60

$7.80

$8.00

$8.20

$8.40

2016 1q 2016 3q 2017 1q 2017 3q

Dollar

s/SF

/Yea

r

0.00

0.50

1.00

1.50

2.00

2.50

2016 1q 2016 3q 2017 1q 2017 3q

Millions

SF

Direct SF Sublet SF

las vegas industrial & southWest las vegas suBMarket revieW

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offering MeMoranduM | 4275 W. Bell drive Page 12 of 14

area deMograPhiCs - 1 Mile radiusDemographic and Income Profile4275 W Bell Dr, Las Vegas, Nevada, 89118 Prepared by EsriRing: 1 mile radius Latitude: 36.09904

Longitude: -115.19748

Summary Census 2010 2017 2022Population 8,240 8,784 9,431Households 4,376 4,605 4,916Families 1,737 1,812 1,927Average Household Size 1.85 1.88 1.89Owner Occupied Housing Units 1,238 1,176 1,238Renter Occupied Housing Units 3,138 3,430 3,678Median Age 37.8 39.7 39.8

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.43% 1.52% 0.83%Households 1.32% 1.40% 0.79%Families 1.24% 1.36% 0.71%Owner HHs 1.03% 1.39% 0.72%Median Household Income 1.36% 1.45% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 575 12.5% 598 12.2%$15,000 - $24,999 654 14.2% 654 13.3%$25,000 - $34,999 650 14.1% 631 12.8%$35,000 - $49,999 900 19.5% 884 18.0%$50,000 - $74,999 828 18.0% 809 16.5%$75,000 - $99,999 449 9.8% 560 11.4%$100,000 - $149,999 349 7.6% 500 10.2%$150,000 - $199,999 88 1.9% 126 2.6%$200,000+ 112 2.4% 154 3.1%

Median Household Income $40,676 $43,508Average Household Income $56,087 $64,792Per Capita Income $29,890 $34,021

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 408 5.0% 400 4.6% 436 4.6%5 - 9 281 3.4% 352 4.0% 356 3.8%10 - 14 275 3.3% 282 3.2% 314 3.3%15 - 19 288 3.5% 337 3.8% 338 3.6%20 - 24 681 8.3% 692 7.9% 833 8.8%25 - 34 1,766 21.4% 1,630 18.6% 1,769 18.8%35 - 44 1,407 17.1% 1,388 15.8% 1,324 14.0%45 - 54 1,221 14.8% 1,296 14.8% 1,252 13.3%55 - 64 963 11.7% 1,064 12.1% 1,198 12.7%65 - 74 539 6.5% 810 9.2% 943 10.0%75 - 84 324 3.9% 400 4.6% 516 5.5%

85+ 87 1.1% 132 1.5% 153 1.6%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,558 55.3% 4,410 50.2% 4,381 46.5%Black Alone 1,440 17.5% 1,710 19.5% 1,933 20.5%American Indian Alone 79 1.0% 87 1.0% 92 1.0%Asian Alone 978 11.9% 1,156 13.2% 1,361 14.4%Pacific Islander Alone 70 0.8% 77 0.9% 87 0.9%Some Other Race Alone 765 9.3% 923 10.5% 1,090 11.6%Two or More Races 351 4.3% 421 4.8% 486 5.2%

Hispanic Origin (Any Race) 1,543 18.7% 1,834 20.9% 2,118 22.5%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 02, 2017

©2017 Esri Page 1 of 6

Demographic and Income Profile4275 W Bell Dr, Las Vegas, Nevada, 89118 Prepared by EsriRing: 1 mile radius Latitude: 36.09904

Longitude: -115.19748

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

21.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

18

16

14

12

10

8

6

4

2

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K12.5%

$15K - $24K14.2%$25K - $34K

14.1%

$35K - $49K19.5%

$50K - $74K18.0%

$75K - $99K9.8%

$100K - $149K7.6%

$150K - $199K1.9%

$200K+2.4%

2017 Population by Race2017 Population by Race

Perc

ent

50

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 20.9%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 02, 2017

©2017 Esri Page 2 of 6

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area deMograPhiCs - 3 Mile radiusDemographic and Income Profile4275 W Bell Dr, Las Vegas, Nevada, 89118 Prepared by EsriRing: 3 mile radius Latitude: 36.09904

Longitude: -115.19748

Summary Census 2010 2017 2022Population 105,125 112,225 119,587Households 43,818 46,163 48,941Families 22,823 23,677 24,957Average Household Size 2.37 2.40 2.42Owner Occupied Housing Units 15,039 14,231 14,871Renter Occupied Housing Units 28,779 31,932 34,070Median Age 36.6 37.7 37.9

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.28% 1.52% 0.83%Households 1.18% 1.40% 0.79%Families 1.06% 1.36% 0.71%Owner HHs 0.88% 1.39% 0.72%Median Household Income 0.70% 1.45% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 6,828 14.8% 7,351 15.0%$15,000 - $24,999 6,636 14.4% 6,790 13.9%$25,000 - $34,999 7,292 15.8% 7,214 14.7%$35,000 - $49,999 7,938 17.2% 7,922 16.2%$50,000 - $74,999 8,075 17.5% 7,807 16.0%$75,000 - $99,999 4,494 9.7% 5,468 11.2%$100,000 - $149,999 3,120 6.8% 4,102 8.4%$150,000 - $199,999 875 1.9% 1,129 2.3%$200,000+ 906 2.0% 1,158 2.4%

Median Household Income $38,351 $39,711Average Household Income $52,951 $59,069Per Capita Income $22,563 $24,917

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 6,905 6.6% 6,811 6.1% 7,403 6.2%5 - 9 5,779 5.5% 6,286 5.6% 6,568 5.5%10 - 14 5,384 5.1% 5,645 5.0% 6,122 5.1%15 - 19 5,982 5.7% 5,974 5.3% 6,364 5.3%20 - 24 8,083 7.7% 8,426 7.5% 8,930 7.5%25 - 34 17,949 17.1% 18,441 16.4% 19,439 16.3%35 - 44 15,606 14.8% 15,627 13.9% 16,510 13.8%45 - 54 14,799 14.1% 14,741 13.1% 14,370 12.0%55 - 64 12,109 11.5% 13,558 12.1% 14,313 12.0%65 - 74 7,337 7.0% 10,190 9.1% 11,534 9.6%75 - 84 3,834 3.6% 4,743 4.2% 6,053 5.1%

85+ 1,359 1.3% 1,783 1.6% 1,981 1.7%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 56,358 53.6% 55,024 49.0% 54,428 45.5%Black Alone 11,588 11.0% 13,722 12.2% 15,347 12.8%American Indian Alone 834 0.8% 891 0.8% 933 0.8%Asian Alone 12,351 11.7% 14,524 12.9% 16,839 14.1%Pacific Islander Alone 851 0.8% 919 0.8% 1,005 0.8%Some Other Race Alone 18,096 17.2% 21,236 18.9% 24,400 20.4%Two or More Races 5,046 4.8% 5,910 5.3% 6,635 5.5%

Hispanic Origin (Any Race) 36,923 35.1% 42,535 37.9% 47,676 39.9%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 02, 2017

©2017 Esri Page 3 of 6

Demographic and Income Profile4275 W Bell Dr, Las Vegas, Nevada, 89118 Prepared by EsriRing: 3 mile radius Latitude: 36.09904

Longitude: -115.19748

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

21.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K14.8%

$15K - $24K14.4%

$25K - $34K15.8%

$35K - $49K17.2%

$50K - $74K17.5%

$75K - $99K9.7%

$100K - $149K6.8%

$150K - $199K1.9%

$200K+2.0%

2017 Population by Race2017 Population by Race

Perc

ent

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 37.9%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 02, 2017

©2017 Esri Page 4 of 6

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area deMograPhiCs - 5 Mile radiusDemographic and Income Profile4275 W Bell Dr, Las Vegas, Nevada, 89118 Prepared by EsriRing: 5 mile radius Latitude: 36.09904

Longitude: -115.19748

Summary Census 2010 2017 2022Population 328,520 356,094 382,499Households 132,239 141,247 150,921Families 72,972 77,246 82,195Average Household Size 2.46 2.50 2.51Owner Occupied Housing Units 54,094 53,462 56,936Renter Occupied Housing Units 78,145 87,785 93,985Median Age 36.6 37.8 38.1

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.44% 1.52% 0.83%Households 1.33% 1.40% 0.79%Families 1.25% 1.36% 0.71%Owner HHs 1.27% 1.39% 0.72%Median Household Income 0.92% 1.45% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 19,785 14.0% 21,452 14.2%$15,000 - $24,999 17,725 12.5% 18,238 12.1%$25,000 - $34,999 19,811 14.0% 19,710 13.1%$35,000 - $49,999 23,331 16.5% 23,247 15.4%$50,000 - $74,999 24,635 17.4% 23,538 15.6%$75,000 - $99,999 15,165 10.7% 18,101 12.0%$100,000 - $149,999 12,413 8.8% 16,019 10.6%$150,000 - $199,999 4,306 3.0% 5,503 3.6%$200,000+ 4,076 2.9% 5,113 3.4%

Median Household Income $42,280 $44,266Average Household Income $60,085 $67,123Per Capita Income $24,447 $27,046

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 21,283 6.5% 21,464 6.0% 23,440 6.1%5 - 9 18,951 5.8% 20,142 5.7% 21,397 5.6%10 - 14 18,121 5.5% 18,698 5.3% 20,326 5.3%15 - 19 19,759 6.0% 19,242 5.4% 20,310 5.3%20 - 24 24,664 7.5% 25,682 7.2% 26,077 6.8%25 - 34 53,817 16.4% 58,148 16.3% 62,367 16.3%35 - 44 47,936 14.6% 49,109 13.8% 53,915 14.1%45 - 54 46,159 14.1% 45,919 12.9% 45,216 11.8%55 - 64 38,342 11.7% 44,026 12.4% 45,765 12.0%65 - 74 22,793 6.9% 32,643 9.2% 37,688 9.9%75 - 84 12,335 3.8% 15,238 4.3% 19,560 5.1%

85+ 4,361 1.3% 5,785 1.6% 6,437 1.7%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 182,023 55.4% 180,664 50.7% 180,246 47.1%Black Alone 32,840 10.0% 39,445 11.1% 44,497 11.6%American Indian Alone 2,511 0.8% 2,763 0.8% 2,927 0.8%Asian Alone 42,508 12.9% 52,009 14.6% 61,539 16.1%Pacific Islander Alone 2,566 0.8% 2,868 0.8% 3,204 0.8%Some Other Race Alone 49,869 15.2% 58,924 16.5% 67,999 17.8%Two or More Races 16,202 4.9% 19,422 5.5% 22,086 5.8%

Hispanic Origin (Any Race) 104,779 31.9% 122,148 34.3% 137,796 36.0%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 02, 2017

©2017 Esri Page 5 of 6

Demographic and Income Profile4275 W Bell Dr, Las Vegas, Nevada, 89118 Prepared by EsriRing: 5 mile radius Latitude: 36.09904

Longitude: -115.19748

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

21.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K14.0%

$15K - $24K12.5%$25K - $34K

14.0%

$35K - $49K16.5%

$50K - $74K17.4% $75K - $99K

10.7%

$100K - $149K8.8%

$150K - $199K3.0%

$200K+2.9%

2017 Population by Race2017 Population by Race

Perc

ent

50

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 34.3%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

October 02, 2017

©2017 Esri Page 6 of 6