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
10 4
SUBJECT
6
9
7
11
5
8
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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2
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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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7
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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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10
11
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.