Bank-Owned Leased Investment

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FOR Sale > Three freestanding office buildings

Bank-Owned Leased Investment

S. EASTERN

AVE.

8610, 8620 & 8630 South Eastern aveNUE, Las Vegas, NV 89123

8610 8620 8630

Investment Highlights

Property Description

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BUILDING TYPE:

2 Office Buildings and 1 Day Spa

BUILDING SF:

18,055 Gross SF / 13,205 Rentable SF

LAND AREA:

Three separate parcels totalling 1.49 Acres (64,905 SF)

YEAR BUILT:

8610 & 8630 - 1999 8620 - 1994

OCCUPANCY:

31%

PARKING:

3.5:1 63 Parking Spaces

Offered at 50% below replacement cost. Highly visible monument and building signage along S. Eastern Ave. Freestanding commercial buildings on individual land parcels. Interiors of all buildings are improved. Desirable Eastern Ave/Airport corridor location. Surrounded by an abundance of amenities.

Colliers International is pleased to present this opportunity to acquire a small office building project consisting of three freestanding, single-story office buildings situated on individual land parcels just south of McCarran International Airport in Las Vegas, Nevada. Located in the desirable Eastern Avenue/Airport corridor, this project offers good access to freeways and an abundance of amenities. Buildings 8610 and 8620 are built-out and operating as executive suite office space where the average unit size is ±275 SF and tenants have access to a professional conference room, restrooms and lobby area. Building 8630 is a vacant “turn-key” day spa, complete with an inviting reception area, custom built-in shelving, individual massage rooms, and high-end bathrooms with lockers. Patrick Barnes License No. 01333182 213 532 3290 [email protected]

Pat Marsh, SIOR License No. 39553 702 836 3741 [email protected]

Financial Highlights PRICE:

$1,575,000 $1,350,000

PRICE PSF:

$87.23 $74.77

ESTIMATED REPLACEMENT COST: $155 PSF

COLLIERS INTERNATIONAL 865 S. Figueroa St., Suite 3500 Los Angeles, CA 90017 www.colliersteams.com/ISG

For Sale > 8610-8630 S. Eastern Avenue, Las Vegas

±5,380 SF Office

Contact Us ±7,140 SF Office

Patrick barnes License No. 01333182 213 532 3290 [email protected]

±5,535 SF Salon / Day Spa

Pat Marsh, SIOR License No. 39553 PROPERTY ADDRESS/ PROPERTY USE

RENTABLE UNITS

GROSS SF

RENTABLE SF

8610 S. Eastern Ave. Office Building

21

±5,380 SF

±3,093 SF

8620 S. Eastern Ave. Office Building

20

±7,140 SF

±4,441 SF

8630 S. Eastern Ave. Salon / Day Spa

1

±5,535 SF

±5,535 SF

COLLIERS INTERNATIONAL 865 S. Figueroa St., Ste. 3500 Los Angeles, CA 90017

TOTAL

42

18,055 SF

13,205 SF

www.colliersteams.com/ISG

Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s). 2010. All rights reserved.

702 836 3741 [email protected]