For Sale - 10 Acres North Las Vegas

Report 5 Downloads 163 Views
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