For Lease Retail/Office

3375 Glen Ave Las Vegas, NV 89121

Executive Summary

Available Spaces

Retail/Office Unit 5 900 sq ft $13.60 - $16.20 sq ft per year 3-5 years

TRAFFIC COUNT DEMOGRAPHICS 1 MILE 3 MILE 5 MILE 2017 Population 21,775 242,572 519,370 2017 Median HH Income $35,858 $36,969 $38,598 2017 Average HH Income $47,578 $50,196 $53,011

21,238

Space# Approximately Sq Ft Rent Term

Retail/Office Unit 9 900 sq ft $13.60 - $16.20 sq ft per year 3-5 years

This retail center is less than 5 minutes from DMV and less that ten minutes from the strip. Opportunity Zoned! I encourage to talk to your CPA/Attorney about the incentives on having your main office in an Opportunity Zone.

Executive Summary

Suite #5 Features tile flooring with sink in the back room and a bathroom. Very nice unit shows very well

Unit #9- This unit is neighbors with Farmers insurance and would do very well as an office or a business that compliments an insurance company.

Aerial Map

Demographic Charts

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2017 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2017 Population by Race

Demographic Charts

2017 Household Occupancy - 1 Mile Radius

Average Income Median Income

2017 Household Income Average and Median

Las Vegas overview 42 million visitors a year

Hotel occupancy 91% April 2018

Convention attendance 6,576,986 in 2017

Las Vegas Market

Economy

A steady growth in our local economy continues to be expected according to the Center for Business and Economic Research at the University of Nevada (UNLV). The primary drivers of growth will continue to be tourism, tourism-related investments and construction. A new revenue of income that is also breaking records compared to Oregon and Colorado is the Marijuana Industry. With a lot of major developments on the horizon, the tourism industry in Las Vegas should be groundbreaking. Las Vegas visitation continues to grow, however visitor counts might be slower this year due to an undersupply of rooms and convention space. Gaming revenue continues to grow gradually to $733 million as of the third quarter of 2017.

Las Vegas Market

Vegas Golden Knights LAS VEGAS — For decades, the country’s top professional sports leagues were so fearful of game-fixing that they generally dismissed the idea of putting teams in Las Vegas, the country’s gambling mecca.

But the once unthinkable has quickly become a reality: Las Vegas has landed one big league team, and it may have two or even three in the future.

On Wednesday, the N.H.L. added Las Vegas to its 30-team league, its first expansion in 16 years. With the stigma fading, the N.F.L. could follow if the Raiders, who have been unable to persuade Oakland, Calif., to help them build a new home, can get officials here to help pay for a new domed stadium. New York Times

Las Vegas Raiders The Oakland Raiders of the NFL are relocating to Las Vegas for the 2020 season and will play in the $1.8 billion, 65,000-seat domed Las Vegas Stadium near the Strip off Russell Road and I-15. About 30 cities are home to NFL franchises, meaning Las Vegas is joining an elite fraternity.

Las Vegas Lights Soccer Team The American professional soccer team of Las Vegas is known as Las Vegas Lights FC. This soccer team has made its debut in USL (United Soccer League) in 2018.

The Aces The Aces, who announced in November they were moving to Las Vegas from San Antonio, released their 34-game schedule Thursday.

Las Vegas Market

Sphere Las Vegas Project Commissioners were told the project would have an annual payroll of $110.7 million for local workers and an economic impact of $680 million during the construction phase

Resorts World Las Vegas Resorts World Las Vegas is a new hotel construction slated to have an opening date of sometime between 2019 in Las Vegas. The hotel, owned by the Genting Group is positioned adjacent to both the Wynn and Encore and is expected to compete in the high end market targeting mostly Asian visitors looking for an authentic and luxury experience. Originally slated for an early 2018 open, construction logistics and a falling Malaysian dollar have seen the project pushed back to a mid 2019 opening.

Projects Underway

Currently there are an estimated $19 billion in various projects already

under construction.

Las Vegas Market

Convention Center $860M Expansion The multimillion-dollar expansion of the Las Vegas Convention Center that officials say will allow the city to remain at the top of the list of trade show destinations will have a modern design tied by a ribbon-like roof on the outside and iconic imagery inside. The $860 million project involving the construction of a 600,000- square-foot exhibition hall is expected to be completed by January 2021.

Paradise Park Newly appointed Wynn Resorts CEO Matt Maddox told hundreds of employees Monday the company will move forward with plans to build Paradise Park and Wynn West on the Strip, complete Wynn Boston Harbor in Massachusetts and build more hotel rooms in Macau.

New $150M Summerlin stadium The 10,000-seat stadium, which is still under design, will be known as Las Vegas Ballpark. Ground is expected to be broken on the $150 million open-air stadium late this year or early next year with play beginning in the 2019 season.

The 51s confirmed Monday that the New York Mets are ending their affiliation with Las Vegas at the end of the 2018 season.

Amazon fulfillment center Amazon.com, Inc. (NASDAQ: AMZN) announced it will open an 800,000- square-foot customer fulfillment center North Las Vegas. The new warehouse will be the third Amazon facility in North Las Vegas and its fourth in Nevada.

Las Vegas Market

Guadalupe E Gastelum Broker O.702.826.2277 C.702.466.8872 License # B.1001798 gg@adventbusinessadvisors.com

6375 S Pecos Rd Suite 200, Las Vegas, NV 89120