For Sale: Office Warehouse Building

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For Sale: Office Warehouse Building ±8,064 SF Building on ±5.0 Acres of Land 2980 Marion Drive • Las Vegas • Nevada • 89115

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±8,064 square foot warehouse building with 1,600 SF office build-out, including three private offices, bullpen area, two restrooms, kitchen, storage areas, and 5 acre yard.

For more information: Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

Mike Young, CEO Dee Broker Managing of Record Director DaveYoung, Sundaram, [email protected]

702.644.5800 702.604.6209

Location: 2890 Marion Drive, Las Vegas, Nevada 89115

SUBJECT

The property is located at 2980 Marion Drive, on the southwest cor ner of Marion and Cecil Drive in Las Vegas, Nevada, one mile east of the Cheyenne/Interstate 15 interchange, providing convenient access to I-15 and Las Vegas’ main commercial corridor.

SUBJECT

Address: 2980 Marion Drive Las Vegas, NV 89115 Parcel Number: 140-17-610-001 Property Type: Industrial, Class B Warehouse Building Year Built: 2000 Floor Area: ±8,064 SF (vacant) Clear Height: 18’ Condition: Good quality and condition Land Area: ±5 Acres Census Tract: 71.00 Zoning: M-1, Light Manufacturing District, Clark County Owner of Record: Marion Industrial, LLC

SUBJECT

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Aerial

Subject Property

Location: SWC Cecile Avenue & Marco Street Las Vegas, NV 89115 Parcel Number: 140-17-610-002 Property Type: Land Parcel 140-1 Improvements: Utilities on site, half streets complete, graded, fenced Zoning M-1, Light Manufacturing Planned Land Industrial Use Use:

The property consists of a ±5 acres zoned for light manufacturing.

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Property Summary: 2890 Marion Drive

The property consists of a ±8,064 square foot warehouse building with an office build-out of approximately ±1,600 square feet, inc luding three private offices, bullpen area, two restrooms kitchen and storage areas.

Structure / Substructure: Substructure: Reinforced concrete footings Framing: Concrete tilt-up, metal frame, wood truss construction Floor Structure: Reinforced concrete Exterior Walls: Concrete tilt-up panels Windows: Plate glass in metal frame Roof Structure: Built-up composition layered felts and tar flat roof cover

Mechanical: Electric: Ample electrical service as improved Lighting: Fluorescent strip and halide bulb fixtures HVAC: Roof mounted forced air heating and air conditioning Plumbing: Washrooms (2), water heater, and sinks Fire Protection: Sprinklers system Doors/docks: Two roll-up, grade level loading doors, 12’x 14’

Flood Zone: Flood Zone X. The subject property is located in Flood Zone X; this parcel is not in a 100-year flood zone.

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Floor Plan

Office Warehouse Kitchenette

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Sale Comparables For 2980 Marion Drive, Las Vegas, NV 89115

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SUBJECT

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11

5

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Address

Yr. Built

SF Bld

Site Acres

Sales Price

1 2 3

Price/SF

Date Closed

1

2732 Abels Ln.

2007

8,900

0.5

$440,000

$49.44

Jan-12

2

2692 Abels Ln.

2007

8,900

0.5

$660,000

$74.16

Jan-11

3

2662 Abels Ln.

2007

8,900

0.5

$660,000

$74.16

Jan-11

4

3932 Octagon

2003

6,160

0.39

$326,500

$53.00

Nov-10

5

2965 Lincoln Rd.

2006

16,151

1.15

$1,150,000

$71.20

Sep-11

6

220 Commerce Park Ct.

2000

6,644

0.38

$312,500

$47.03

Mar-11

7

44 Mayflower Ave.

1997

10,500

0.79

$650,000

$61.90

Feb-12

8

35 Mayflower Ave.

1998

8,227

1.31

$440,000

$53.48

Feb-12

9

2965 Coleman

2007

13,468

0.89

$750,000

$55.69

Apr-10

10 2313 Mendenhall Dr.

1997

27,500

1.81

$1,261,000

$45.85

Oct-11

11 115 E Brooks

1998

5,481

0.28

$310,000

$56.56

Sep-11

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Sale Comparables For 2980 Marion Drive, Las Vegas, NV 89115

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2732 ABELS LANE City, Zip code

Las Vegas, 89115

Year Built

2007

Sale Price

$440,000

Building SF

±8,900 SF

Site Acres

±0.5 Acres

Price / SF

$49.44 / SF

Date Closed

January 2012

2692 ABELS LANE City, Zip code

Las Vegas, 89115

Year Built

2007

Sale Price

$660,000

Building SF

±8,900 SF

Site Acres

±0.5 Acres

Price / SF

$74.16 / SF

Date Closed

January 2011

2662 ABELS LANE City, Zip code

Las Vegas, 89115

Year Built

2007

Sale Price

$660,000

Building SF

±8,900 SF

Site Acres

±0.5 Acres

Price / SF

$74.16 / SF

Date Closed

January 2011

3932 OCTAGON City, Zip code

North Las Vegas, 89030

Year Built

2003

Sale Price

$326,500

Building SF

±6,160 SF

Site Acres

±0.39 Acres

Price / SF

$53.00 / SF

Date Closed

November 2010

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Sale Comparables For 2980 Marion Drive, Las Vegas, NV 89115

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2965 LINCOLN ROAD City, Zip code

Las Vegas, 89115

Year Built

2006

Sale Price

$1,150,000

Building SF

±16,151 SF

Site Acres

±1.15 Acres

Price / SF

$71.20 / SF

Date Closed

September 2011

220 COMMERCE PARK COURT City, Zip code

North Las Vegas, 89032

Year Built

2000

Sale Price

$312,500

Building SF

±6,644 SF

Site Acres

±0.38 Acres

Price / SF

$47.30 / SF

Date Closed

March 2011

44 MAYFLOWER AVE City, Zip code

North Las Vegas, 89030

Year Built

1997

Sale Price

$650,000

Building SF

±10,500 SF

Site Acres

±0.79 Acres

Price / SF

$61.90 / SF

Date Closed

February 2012

35 MAYFLOWER AVE City, Zip code

North Las Vegas, 89030

Year Built

1998

Sale Price

$440,000

Building SF

±8,227 SF

Site Acres

±1.31 Acres

Price / SF

$53.48 / SF

Date Closed

February 2012

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Sale Comparables For 2980 Marion Drive, Las Vegas, NV 89115

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2965 COLEMAN City, Zip code

North Las Vegas, 89032

Year Built

2007

Sale Price

$750,000

Building SF

±13,468 SF

Site Acres

±0.89 Acres

Price / SF

$55.69 / SF

Date Closed

April 2010

2313 MENDENHALL DRIVE City, Zip code

North Las Vegas, 89081

Year Built

1997

Sale Price

$1,261,000

Building SF

±27,500 SF

Site Acres

±1.81 Acres

Price / SF

$45.85 / SF

Date Closed

October 2011

115 E BROOKS City, Zip code

North Las Vegas, 89030

Year Built

1998

Sale Price

$310,000

Building SF

±5,481 SF

Site Acres

±0.28 Acres

Price / SF

$56.56 / SF

Date Closed

September 2011

Phone: 702.644.5800 | 6725 Via Austi Parkway Suite #360 | Las Vegas, NV 89119

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.