plaza de colores - LoopNet
OFFERING MEMORANDUM
PLAZA DE COLORES 1830 SOUTH RAINBOW BOULEVARD, LAS VEGAS, NV 89146
Tomer Itzhaki Broker/Owner Tel: (702) 499-7923 E-mail: [email protected]
TEL: (702) 220-7587 FAX: (702) 966-3751
1830 S. Rainbow Boulevard Las Vegas, NV 89146
PLAZA DE COLORES 1830 S. Rainbow Boulevard Las Vegas, NV 89146
TABLE OF CONTENT Cover.................................................................................. 1 Index...................................................................................2 Executive Summary.........................................................3 Property Overview..........................................................4 Property Highlights.........................................................5 Floor Plan..........................................................................6 Location Map....................................................................7 Income & Expenses.........................................................8 Demographics..................................................................9 Tenent Photo..................................................................10
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
PLAZA DE COLORES
EXECUTIVE SUMMARY
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Omniterra Solutions is proud to present a fully occupied retail building, located within Plaza De Colores shopping center, on the corner of Rainbow Blvd and Oakey Blvd. Situated in a central prime location of west Las Vegas, this property is perfect for investment or an owner-user. With six electrical meters, it can be subdivided into multiple retail store fronts.
ADDRESS 1830 S. Rainbow Boulevard Las Vegas, NV 89146
Ingress/egress access from both Rainbow Blvd and Oakey Blvd, this site falls within the Limited Commercial District and is zoned C-1. Its current occupant, Genesis furniture, has been a stable tenant for the last 11+ years.
ASKING PRICE $1,150,000
Plaza De Colores houses national tenants such as sprint, panda express, Midas, and a collection of furniture retailers. Within 5 minute drive of the I95 Freeway and close proximity to Summerlin.
BUILDING TYPE Commercial / Retail
SQUARE FOOTAGE +/- 6,480 square feet LOT SIZE +/- 0.54 Acres YEAR BUILT 1999
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
3
PLAZA DE COLORES
PROPERTY OVERVIEW
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Physical Description
Property Name
List Price
Property Type
APN
Property Size
Lot Size
Building Class
Zoning
Parking spaces
Parking Ratio
Building Frontage
Cross Streets
Plaza De Colores $1,150,000 Commercial/Retail 163-02-313-014 +/- 6,480 square feet 0.54 acre (23,522 sq. ft.) B C-1 (Limited Commercial District) 24 (Cross Access/Parking easement) 4:1000 (Cross Access/Parking easement) Oakey Boulevard South Rainbow Boulevard & Oakey Blvd.
Construction
Year Built
Constructino Type
Wooden Frame & Stucco
Number of Stories
1
Average Floor Size
Foundation
Parking Surface
Rainbow Blvd - 47,000
Number of Units
1
Roof
Flat
Wall
Sheet Rock Walls
Ceilings
Floor Coverings
Restrooms
1999
6,480 Concrete
Interior Finish Drop Ceilings Carpet Over Slab Rivate Only - No Common Area
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
4
PLAZA DE COLORES
PROPERTY HIGHLIGHTS
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Property Highlights • Sale Price $1,150,000 / $177.47 PSF
• 100% Occupied
• 6,480 Square Feet
• 1999 Construction
• 2 1/2 mile South from I-95
• Single Tenant occupied for 11+ Years
• High Traffic Street
• Major National Tenants in Center
Anchor Tenant Reviews “What a fabulous place! Amanda is so friendly and helpful. I will most definitely be back for my next two rooms!” - Jake Dadon
“Great service, great prices and amazing people! Highly recommended!”
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
5
PLAZA DE COLORES
FLOOR PLAN
1830 S. Rainbow Boulevard Las Vegas, NV 89146
FLOOR PLAN
FLOOR PLAN
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
6
PLAZA DE COLORES
LOCATION MAP
1830 S. Rainbow Boulevard Las Vegas, NV 89146
1830 S. Rainbow Boulevard Las Vegas, NV 89146
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
7
PLAZA DE COLORES
INCOME & EXPENSE
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Income Summary Total Potential Annual Rental Revenue (NET)
$85,500.00
Expense Summary
Property Taxes
$6,891.10 (Paid by Tenant)
Insurance
$
Repairs/Maintenance
Paid by Tenant
Utilities
Paid by Tenant
Tenant Name
Monthly
Space Size
CAM
Lease Commencement
G enesis Furniture
$7,150.00
6,480 Sq Ft
Paid by Tenant
April 1, 2013
Lease Expiration March 31, 2018
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
8
PLAZA DE COLORES
DEMOGRAPHICS
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Population
1 Mile
Housing
5 Mile
2015 Total Population 18,302 235,043 525,622 Total Census 2010 Population
14,642
181,078
401,843
Population Change % 30.4% 24.5% 22.1% Average Age 45
Households
2 Mile
1 Mile
43
2 Mile
43
5 Mile
2015 Total Households 6,722 88,913 206,932 Total Census 2010 Households
5,565
68,989
158,670
Median Household Income $57,748 $52,780 $54,681 Avg. Household Size 2.70 2.70 2.60
1 Mile
2 Mile
5 Mile
Total Housing Units 7,686 97,075 227,413
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
9
PLAZA DE COLORES
TENANT PHOTO
10
1830 S. Rainbow Boulevard Las Vegas, NV 89146
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
PLAZA DE COLORES 1830 SOUTH RAINBOW BOULEVARD, LAS VEGAS, NV 89146
Tomer Itzhaki Broker/Owner Tel: (702) 499-7923 E-mail: [email protected]
TEL: (702) 220-7587 FAX: (702) 966-3751
1830 S. Rainbow Boulevard Las Vegas, NV 89146
PLAZA DE COLORES 1830 S. Rainbow Boulevard Las Vegas, NV 89146
TABLE OF CONTENT Cover.................................................................................. 1 Index...................................................................................2 Executive Summary.........................................................3 Property Overview..........................................................4 Property Highlights.........................................................5 Floor Plan..........................................................................6 Location Map....................................................................7 Income & Expenses.........................................................8 Demographics..................................................................9 Tenent Photo..................................................................10
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
PLAZA DE COLORES
EXECUTIVE SUMMARY
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Omniterra Solutions is proud to present a fully occupied retail building, located within Plaza De Colores shopping center, on the corner of Rainbow Blvd and Oakey Blvd. Situated in a central prime location of west Las Vegas, this property is perfect for investment or an owner-user. With six electrical meters, it can be subdivided into multiple retail store fronts.
ADDRESS 1830 S. Rainbow Boulevard Las Vegas, NV 89146
Ingress/egress access from both Rainbow Blvd and Oakey Blvd, this site falls within the Limited Commercial District and is zoned C-1. Its current occupant, Genesis furniture, has been a stable tenant for the last 11+ years.
ASKING PRICE $1,150,000
Plaza De Colores houses national tenants such as sprint, panda express, Midas, and a collection of furniture retailers. Within 5 minute drive of the I95 Freeway and close proximity to Summerlin.
BUILDING TYPE Commercial / Retail
SQUARE FOOTAGE +/- 6,480 square feet LOT SIZE +/- 0.54 Acres YEAR BUILT 1999
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
3
PLAZA DE COLORES
PROPERTY OVERVIEW
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Physical Description
Property Name
List Price
Property Type
APN
Property Size
Lot Size
Building Class
Zoning
Parking spaces
Parking Ratio
Building Frontage
Cross Streets
Plaza De Colores $1,150,000 Commercial/Retail 163-02-313-014 +/- 6,480 square feet 0.54 acre (23,522 sq. ft.) B C-1 (Limited Commercial District) 24 (Cross Access/Parking easement) 4:1000 (Cross Access/Parking easement) Oakey Boulevard South Rainbow Boulevard & Oakey Blvd.
Construction
Year Built
Constructino Type
Wooden Frame & Stucco
Number of Stories
1
Average Floor Size
Foundation
Parking Surface
Rainbow Blvd - 47,000
Number of Units
1
Roof
Flat
Wall
Sheet Rock Walls
Ceilings
Floor Coverings
Restrooms
1999
6,480 Concrete
Interior Finish Drop Ceilings Carpet Over Slab Rivate Only - No Common Area
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
4
PLAZA DE COLORES
PROPERTY HIGHLIGHTS
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Property Highlights • Sale Price $1,150,000 / $177.47 PSF
• 100% Occupied
• 6,480 Square Feet
• 1999 Construction
• 2 1/2 mile South from I-95
• Single Tenant occupied for 11+ Years
• High Traffic Street
• Major National Tenants in Center
Anchor Tenant Reviews “What a fabulous place! Amanda is so friendly and helpful. I will most definitely be back for my next two rooms!” - Jake Dadon
“Great service, great prices and amazing people! Highly recommended!”
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
5
PLAZA DE COLORES
FLOOR PLAN
1830 S. Rainbow Boulevard Las Vegas, NV 89146
FLOOR PLAN
FLOOR PLAN
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
6
PLAZA DE COLORES
LOCATION MAP
1830 S. Rainbow Boulevard Las Vegas, NV 89146
1830 S. Rainbow Boulevard Las Vegas, NV 89146
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
7
PLAZA DE COLORES
INCOME & EXPENSE
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Income Summary Total Potential Annual Rental Revenue (NET)
$85,500.00
Expense Summary
Property Taxes
$6,891.10 (Paid by Tenant)
Insurance
$
Repairs/Maintenance
Paid by Tenant
Utilities
Paid by Tenant
Tenant Name
Monthly
Space Size
CAM
Lease Commencement
G enesis Furniture
$7,150.00
6,480 Sq Ft
Paid by Tenant
April 1, 2013
Lease Expiration March 31, 2018
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
8
PLAZA DE COLORES
DEMOGRAPHICS
1830 S. Rainbow Boulevard Las Vegas, NV 89146
Population
1 Mile
Housing
5 Mile
2015 Total Population 18,302 235,043 525,622 Total Census 2010 Population
14,642
181,078
401,843
Population Change % 30.4% 24.5% 22.1% Average Age 45
Households
2 Mile
1 Mile
43
2 Mile
43
5 Mile
2015 Total Households 6,722 88,913 206,932 Total Census 2010 Households
5,565
68,989
158,670
Median Household Income $57,748 $52,780 $54,681 Avg. Household Size 2.70 2.70 2.60
1 Mile
2 Mile
5 Mile
Total Housing Units 7,686 97,075 227,413
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
9
PLAZA DE COLORES
TENANT PHOTO
10
1830 S. Rainbow Boulevard Las Vegas, NV 89146
The information obtained above has been provided by a third party and is deemed reliable at the time of production of this offering memorandum. Omniterra Solutions does not guarantee the information and is not responsible for misinformation or changes of terms made by any other party.
TEL: (702) 220-7587 FAX: (702) 966-3751 • 5875 S. Rainbow Blvd Ste #204. Las Vegas, NV 89118
