± 2.5 Acres Commercial Tourist Development Site Located next to the Las Vegas Strip, adjacent to the new Las Vegas Stadium
Available 2.5 Acres New Las Vegas Stadium Site
Bill Lenhart 702.365.5200 C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300 C: 702.528.0488
[email protected] Available 2.5 Acres
New Las Vegas Stadium Site
PROPERTY INFORMATION Size: APN: Zoning: PLU: Submarket: Location: Jurisdiction: Price:
+/- 2.5 Acres 162-29-205-005 M-1 – Light Manufacturing Commercial Tourist Southwest Hacienda & Dean Martin Clark County Make Offer
LAS VEGAS STADIUM Located directly across from the property is the site of the soon-to-be built Las Vegas Stadium which has an estimated completion date of mid-2020. The $1.9 billion stadium will have a capacity of 65,000 (up to 72,000 for larger events) and will be home to Las Vegas’s first professional football team. In addition to professional football games, the stadium will hold collegiate football games and up to 25 other events per year including: national collegiate basketball tournaments, professional fighting matches, international soccer matches, monster truck shows, concerts, corporate shows, and more. Initial projections estimate the stadium could draw up to 451,417 visitors to Las Vegas each year.
Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected] THE WYNN
TREASURE ISLAND
SANDS CONVENTION CENTER
THE MIRAGE
THE VENETIAN GOLD COAST
FORUM SHOPS
RIO
HARRAH’S
CAESAR’S PALACE
THE LINQ
FLAMINGO
PALMS
BALLY’S BELLAGIO
PARIS
COSMOPOLITAN
PLANET HOLLYWOOD
HARD ROCK
CITY CENTER MONTE CARLO THE ORLEANS
Available 2.5 Acres
T-MOBILE ARENA
MGM GRAND
NEW YORK NEW YORK
TROPICANA EXCALIBUR
LUXOR
MANDALAY BAY
LAS VEGAS BLVD
New Las Vegas Stadium Site
BALI HAI GOLF CLUB
Proximity to Gaming and Tourism Attractions Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected] Las Vegas ranks 29th out of the 100 of the nation’s largest metropolitan areas in terms of overall economic growth. Between 2010 and 2015, total jobs increased 14.1 percent, the 22nd largest growth seen in the nation.1 Job growth is projected to continue to increase by nearly 40 percent over the next ten years.2 In the short term of two years, employment is expected to increase by 2.6 percent, personal income by 3.9 percent, visitor volume by 1.25 percent, and housing prices by 1.6 percent.3
Visitor volume was at a record high in 2016 with 42.9 million people visiting Las Vegas. Visitor volume is expected to reach at least 43.2 million in 2017.4
1 – Brookings Institution 2 – Sperling’s Best Places 3 – UNLV CBER 4 – Las Vegas Convention and Visitors Authority
Economic Outlook Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected] 1-Mile
3-Mile
5-Mile
Population 2016 Daytime Business 2021 Projection 2016 Estimate 2010 Census 2000 Census Projected Growth 2016 - 2021 Estimated Growth 2010 - 2016 Growth 2000 - 2010
61,257 3,094 2,848 2,513 1,976 8.64% 13.32% 27.20%
295,419 103,949 99,097 93,547 93,957 4.90% 5.93% -0.44%
474,029 375,244 355,657 330,870 286,065 5.51% 7.49% 15.66%
Housholds 2021 Projection 2016 Estimate 2010 Census 2000 Census Projected Growth 2016 - 2021 Estimated Growth 2010 - 2016 Growth 2000 - 2010
1,560 1,417 1,223 859 10.09% 15.89% 42.39%
46,885 44,416 41,191 41,458 5.56% 7.83% -0.64%
153,536 145,372 135,075 120,033 5.62% 7.62% 12.53%
Family Households 2021 Projection 2016 Estimate 2010 Census 2000 Census Growth 2016 - 2021 Growth 2010 - 2016 Growth 2000 - 2010
558 509 443 409 9.69% 14.91% 8.38%
21,807 20,726 19,516 20,474 5.22% 6.20% -4.68%
83,610 79,188 73,728 66,132 5.58% 7.41% 11.49%
Demographic Overview Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected] 2016 Est. Households by HH Income $15,000 or Less $15,000 to $24,999 $25,000 to $34,999 $35,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 to $249,999 $250,000 to $499,999 $500,000 or More 2016 Est. Average Household Income 2016 Est. Median Household Income 2016 Est. Population by Age 0 to 4 Years 5 to 9 Years 10 to 14 Years 15 to 17 Years 18 to 20 Years 21 to 24 Years 25 to 34 Years 35 to 44 Years 45 to 54 Years 55 to 64 Years 65 to 74 Years 2016 Est. Median Age
1-Mile
3-Mile
5-Mile
1,417 17.78% 13.85% 18.14% 13.20% 12.48% 8.68% 4.19% 1.60% 4.53% 1.64% 2.83% 1.07%
44,416 17.63% 15.66% 15.75% 16.94% 16.43% 8.14% 4.16% 1.72% 1.54% 0.73% 0.88% 0.41%
145,372 13.98% 12.87% 12.96% 15.81% 18.43% 10.54% 6.38% 3.12% 2.80% 1.21% 1.35% 0.54%
$65,279 $35,262
$50,432 $35,846
$61,656 $44,657
2,848 3.37% 3.94% 3.50% 2.39% 2.53% 4.13% 16.60% 18.16% 18.47% 15.78% 8.26%
99,097 5.23% 5.63% 5.25% 2.87% 3.63% 4.45% 16.43% 15.04% 14.13% 12.59% 9.00%
355,657 5.48% 5.80% 5.67% 3.25% 3.31% 4.53% 15.78% 14.54% 13.69% 12.51% 9.23%
42.5
39.3
39.2
Demographic Overview Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected] Mixed Use Overlay District Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected] Parcel Map Information is deemed to be reliable but is not guaranteed. The Buyer should conduct an independent investigation to determine the suitability of the property.
Bill Lenhart 702.365.5200
C: 702.275.0036
[email protected] Scott Paulbick 702.365.5300
C: 702.528.0488
[email protected]