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KW COMMERCIAL 2230 Corporate Circle, Suite 250 Henderson , NV 89074 KIM K. HENRY Director 0 702.301.4275 [email protected] NV #BS.0144445 GARY BATES Director O 702.236.6834 [email protected] 4061 W Charleston Blvd - Retail OFFERING MEMORANDUM PRESENTED BY: LAS VEGAS, NV OFFERING MEMORANDUM

4061 W Charleston Blvd - Retail€¦ · Limited Commercial District (C-1) MARKET: Retail PRICE / SF: $158.73 PROPERTY OVERVIEW For sale or for lease. Retail strip mall center. Stand-alone

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KW COMMERCIAL2230 Corporate Circle,Suite 250Henderson , NV 89074

KIM K. HENRYDirector0 [email protected] #BS.0144445

GARY BATESDirectorO [email protected]

4061 W Charleston Blvd - Retail

OFFERING MEMORANDUM

PRESENTED BY:

LAS VEGAS, NV

OFFERING MEMORANDUM

www.kimhenryrealty.com 2

KW COMMERCIAL2230 Corporate Circle,Suite 250Henderson , NV 89074

Confidentiality & Disclaimer

KIM K. HENRYDirector0 [email protected] #BS.0144445

GARY BATESDirectorO [email protected]

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Henderson Green Valley in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY:

LAS VEGAS, NV

PROPERTY INFORMATION

1 | PROPERTY INFORMATION

EXECUTIVE SUMMARY

PROPERTY DETAILS

AVAILABLE SPACES

ADDITIONAL PHOTOS

1PROPERTY INFORMATION4061 W CHARLESTON BLVD - RETAIL

OFFERING MEMORANDUM

www.kimhenryrealty.com 4

OFFERING SUMMARY

SALE PRICE: $1,000,000

AVAILABLE SF: 600 - 2,200 SF

LOT SIZE: 0.26 Acres

YEAR BUILT: 1970

BUILDING SIZE: 6,300 SF

ZONING:Limited Commercial

District (C-1)

MARKET: Retail

PRICE / SF: $158.73

PROPERTY OVERVIEWFor sale or for lease. Retail strip mall center. Stand-alone building with onsiteparking for 19 cars. Currently 100% owner occupied. Potential for owner/user orfor investor with sale/leaseback to seller. - Prime West Charleston location, withlong-term tenant. -- Contact agents for lease information.

PROPERTY HIGHLIGHTS• Prime W Charleston Blvd location

• Free standing building

• Onsite parking

• Solid block building

• Opportunity for owner user or investor

• Currently owner occupied with opportunity for leaseback of 1400 SF to seller

• One 600 SF suite fully leased until 10/2020

• Property has multiple utility meters

• Property has multiple addresses

Executive Summary

4061 W CHARLESTON BLVD - RETAIL 1 | PROPERTY INFORMATION

www.kimhenryrealty.com 5

SALE PRICE $1,000,000

LOCATION INFORMATION

Building Name 4061 W Charleston Blvd - Retail

Street Address 4061 West Charleston Blvd

City, State, Zip Las Vegas, NV 89102

County/Township Clark

Market Retail

Cross Streets Valley View Blvd and Decatur Blvd

Side Of Street South

Road Type Highway

Market Type Large

Retail Clientele General

BUILDING INFORMATION

Building Size 6,300 SF

Price / SF $158.73

Year Built 1970

Tenancy Multiple

Number Of Floors 2

Framing Block

Condition Good

Free Standing Yes

Number Of Buildings 1

PROPERTY DETAILS

Property Type Retail

Property Subtype Free Standing Building

Zoning Limited Commercial District (C-1)

Lot Size 0.26 Acres

APN# 162-06-502-002

PARKING & TRANSPORTATION

Parking Type Surface

Number Of Spaces 19

Property Details

4061 W CHARLESTON BLVD - RETAIL 1 | PROPERTY INFORMATION

www.kimhenryrealty.com 6

LEASE TYPE | NNN TOTAL SPACE | 600 - 2,200 SF LEASE TERM | Negotiable LEASE RATE | $10.80 - $850.00 SF/yr

SUITE TENANT SIZE (SF) LEASE TYPE LEASE RATE DESCRIPTION

4061 W Charleston Blvd, Las Vegas, NV 89102 Available 1,000 SF NNN $1.20 SF/month -

4061 W Charleston Blvd, Las Vegas, NV 89102 Available 1,100 SF NNN $1.00 - $1.20 SF/month -

4061 W Charleston Blvd, Las Vegas, NV 89102 Available 1,400 SF NNN $1.00 SF/month Seller will leaseback this suite for $1.00/SFM plus CAMs

4061 W Charleston Blvd, Las Vegas, NV 89102 Available 600 SF NNN $850.00 - $1.00 SF/yr Leased through October 2020

4061 W Charleston Blvd, Las Vegas, NV 89102 Available 2,200 SF NNN $0.90 - $1.00 SF/month Large 2200 SF area for more retail or storage - could be divided into two units

Available Spaces

4061 W CHARLESTON BLVD - RETAIL 1 | PROPERTY INFORMATION

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Additional Photos

4061 W CHARLESTON BLVD - RETAIL 1 | PROPERTY INFORMATION

LOCATION INFORMATION

2 | LOCATION INFORMATION

REGIONAL MAP

LOCATION MAPS

AERIAL MAP

2LOCATION INFORMATION4061 W CHARLESTON BLVD - RETAIL

OFFERING MEMORANDUM

www.kimhenryrealty.com 9

4061 W Charleston Blvd -Retail

Regional Map

4061 W CHARLESTON BLVD - RETAIL 2 | LOCATION INFORMATION

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Location Maps

4061 W CHARLESTON BLVD - RETAIL 2 | LOCATION INFORMATION

www.kimhenryrealty.com 11

4061 W Charleston Blvd -Retail

Aerial Map

4061 W CHARLESTON BLVD - RETAIL 2 | LOCATION INFORMATION

DEMOGRAPHICS

3 | DEMOGRAPHICS

DEMOGRAPHICS MAP

3DEMOGRAPHICS4061 W CHARLESTON BLVD - RETAIL

OFFERING MEMORANDUM

www.kimhenryrealty.com 13

POPULATION 1 MILE 2 MILES 3 MILES

Total population 14,254 70,396 164,414

Median age 41.7 36.6 35.0

Median age (male) 39.9 35.6 34.4

Median age (Female) 44.9 37.9 36.2

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

Total households 5,583 25,359 60,451

# of persons per HH 2.6 2.8 2.7

Average HH income $65,927 $59,516 $55,151

Average house value $255,857 $248,158 $241,884

* Demographic data derived from 2010 US Census

Demographics Map

4061 W CHARLESTON BLVD - RETAIL 3 | DEMOGRAPHICS