ER SPRINGS WAY
Under Construction Woodside Homes
N 5TH ST
For Sale - 1.5 Net Acre Corner
PROPERTY HIGHLIGHTS
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
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Sale Price: $2,090,880 ($32.00 per square foot).
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1.5 net acres (65,340 square feet).
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Zoned Retail (C-2) in the City of North Las Vegas.
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Adjacent to Kohl’s, Target, McDonald’s, Home Depot, Toys R Us, Staples, Pet Smart, In N Out, Michaels and Ross.
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Surrounded by high density residential projects in various stages of completion.
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One block from the 215 Beltway/N. 5th interchange.
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High growth, high income demographics.
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Located on the hard corner of N. 5th and Deer Springs Way.
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The N. 5th Street Improvement Project will multiply the traffic to the site.
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Flat Topography.
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Buyer to subdivide existing 10 acre parcel.
R-E
SUBJECT PROPERTY
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
T: 702.733.7500 F: 702.862.8242
www.ngkf.com
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.
For Sale - 1.5 Net Acre Corner
" ! $ #
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 - 1.5 Net Acre Corner
" ! $ #
North Las Vegas APN: 124-22-701-007
DEER SPRINGS TOWN CENTER
AREA DESCRIPTION
215
A 1.5 net acre parcel corner perfect for gas station, fast food, bank branch or pharmacy. Buyer to subdivide from existing 10 acre gross parcel. The site will benefit greatly from the N. 5th Street Improvement Project. The project is designed to provide an arterial from downtown to I-215 with six lanes of traffic and public transportation.
SPRINGS WAY
5TH ST
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,Legacy Target, McDonald’s, Home Depot, Toys R Us, Staples, Pet Smart, In-N-Out, 7-11, Michael’s and High Ross. The parcelsSchool immediately north and west of the subject are owned by an apartment REIT with plans to build high density residential. The parcel adjacent to DEER 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.
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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 - 1.5 Net Acre Corner
" ! $ #
North Las Vegas APN: 124-22-701-007
DEER SPRINGS TOWN CENTER Villages at Tule Springs
215
Villages at Tule Springs
Legacy High School DEER SPRINGS WAY
The site will benefit greatly from the N. 5th Street Improvement Project. The project is designed to provide an arterial from downtown to 215 Beltway with six lanes of traffic and public transportation.
5TH ST
N 5TH IMPROVEMENT PROJECT
MMERCE ST
IAL PKWY
TRO