Under Construction Woodside Homes
N 5TH ST
For Sale - 10 Acres
PROPERTY HIGHLIGHTS
ER SPRINGS WAY Villages at Tule Springs
R-4 High Density Owned by Camden REIT Owned by Clark County School District
R-3 Owned by Camden REIT
North Las Vegas APN: 124-22-701-007
® v
•
Sale Price: $7,500,000 ($17.21 per square foot).
•
10 acres (435,600 square feet).
•
Zoned Retail (C-2) in the City of North Las Vegas.
•
Adjacent to Kohl’s, Target, McDonald’s, Home Depot, Toys R Us, Staples, Pet Smart, In N Out, Michaels and Ross.
•
Surrounded by high density residential projects in various stages of completion.
•
One block from the 215 Beltway/N. 5th interchange.
•
High growth, high income demographics.
•
Located on the hard corner of N. 5th and Deer Springs Way.
•
The N. 5th Street Improvement Project will multiply the traffic to the site.
•
Flat Topography.
R-E
SUBJECT PROPERTY C-2
Zoned R-4 High-Density
Johnston Caroll Middle School
Ben Millis, SIOR Managing Director 702.405.1726
[email protected] Dave Wrzesinski Associate Director 702.866.6561
[email protected] 3930 Howard Hughes Parkway, Suite 180, Las Vegas, NV 89169
PECOS RD
TROPICAL PKWY
www.ngkf.com
T: 702.733.7500 F: 702.862.8242
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Miles
For Sale - 10 Acres
" ! $ #
North Las Vegas APN: 124-22-701-007
DEER SPRINGS TOWN CENTER
VILLAGES AT TULE SPRINGS
215
Villages at Tule Springs is a 2,675 acre master planned community. KBS Strategic Opportunity REIT recently purchased a majority of the site and have completed the development agreement with the City. Villages at Tule Springs is expected to provide approximately 15,000 new residential units in the next few years.
Legacy High School
5TH ST
DEER SPRINGS WAY
MMERCE ST
IAL PKWY
TRO
For Sale - 10 Acres
" ! $ #
North Las Vegas APN: 124-22-701-007
DEER SPRINGS TOWN CENTER
AREA DESCRIPTION
215
The property is located on a hard corner, one block south of the 215 Beltway interchange on N. 5th Street. Directly adjacent to the east is an existing retail center with Kohl’s, Target, McDonald’s, Home Depot, Toys R Us, Staples, Pet Smart, In-N-Out, 7-11, Michael’s and Ross. The parcels immediately north and west of the subject are owned by an apartment REIT with plans to build high density residential. The parcel adjacent to the south is also zoned for high density residential (R-4). North of the interchange is Villages at Tule Springs, a 1,625 acre community. Legacy
High School
5TH ST
DEER SPRINGS WAY
" ! $ #
DEER SPRINGS TOWN CENTER
Legacy High School
MMERCE ST
215 IAL PKWY
5TH ST
DEER SPRINGS WAY
ST
IAL PKWY
® Woodside v Homes
TRO
For Sale - 10 Acres
Aliante Golf Club
" ! $ #
DEER SPRINGS TOWN CENTER
" ! $ #
215
ALIANTE STATION
North Las Vegas APN: 124-22-701-007
DEER SPRINGS TOWN CENTER
Villages at Tule Springs
215
Villages at Tule Springs
MI
COMMERCE ST
CA NO
EL DORADO
DO
RA
DEER SPRINGS WAY TROPICAL PKWY
The site will benefit greatly from the N. 5th Street Findlay Improvement Project. The project is designed to Middle School provide an arterial from downtown to 215 Beltway with six lanes of traffic and public transportation.
Johnston Caroll Middle School
5TH ST
CLAYTON ST
ANN RD
Mohave High School
CAMINO AL NORTE
Shadow Creek Golf Course
O
N
O
V
A
N
W
A
Y
WASHBURN RD
D
MMERCE ST
LONE MOUNTAIN RD
DO
SIMMONS ST
EL
N 5TH IMPROVEMENT PROJECT HIGHLANDS
PECOS RD
Legacy CENTENNIAL PKWY High School
IAL PKWY
® v
DEER SPRINGS WAY
LOSEE RD
ALIANTE
Legacy High School
5TH ST
Cram Middle School
" $ ! # 15
Craig Ranch Golf Course
CRAIG RD
TRO
For Sale - 10 Acres
" ! $ #
DEER SPRINGS TOWN CENTER
215
Deer Springs Way
Retail
Legacy High School
Fast Food
Retail
DEER SPRINGS WAY
IAL PKWY
5TH ST
N 5th Street
Drug Store
Retail
SITE PLAN
North Las Vegas APN: 124-22-701-007
Gym Bank
MMERCE ST
Retail
TRO