prime las vegas resort corridor development opportunity

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PRIME LAS VEGAS RESORT CORRIDOR DEVELOPMENT OPPORTUNITY 377 E FLAMINGO ROAD :: LAS VEGAS, NEVADA 89169

FL AM IN GO AD RO

SITE

±8.15 ACRES

AD PAR ADISE RO

F O R M O R E I N F O R M AT I O N P L E A S E C O N TA C T:

J o hn K no t t

Michael Parks

CBRE – Las Vegas

Executive Vice President

First Vice President

3993 Howard Hughes Parkway, Suite 700

702.369.4860

702.369.4852

Las Vegas, NV 89169

[email protected]

[email protected]

www.cbre.com/lasvegas

PRIME LAS VEGAS RESORT CORRIDOR DEVELOPMENT OPPORTUNITY 377 E FLAMINGO ROAD :: LAS VEGAS, NEVADA 89169

HARRAH’S

CBRE IS PLEASED TO OFFER A PRIME DEVELOPMENT SITE IN THE HEART OF THE LAS VEGAS RESORT CORRIDOR. THE PROPERTY PROVIDES AN INVESTOR THE OPPORTUNITY TO DEVELOP A NUMBER OF USES INCLUDING HOTEL, RETAIL, OFFICE, TIMESHARE AND MULTI-FAMILY. THE PROPERTY IS SITUATED LESS THAN 2 MILES FROM MCCARRAN INTERNATIONAL AIRPORT AND LESS THAN 3 MILES FROM THE LAS VEGAS CONVENTION CENTER.

HOWARD HUGHES CORPORATE CENTER

THE QUAD LINQ FLAMINGO CROMWELL

WESTIN

FLA MINGO ROAD PLATINUM

BALLY’S

ELLIS ISLAND CASINO PARIS

SILVER SEVENS CASINO

OFFERING HIGHLIGHTS TUSCANY

SUPER 8

KOVAL LANE

ISE R HARD ROCK HOTEL & CASINO

LAS VEGAS BOULEVAR D

HARMON AVENUE WYNDHAM GRAND DESERT

OA D

PLANET HOLLYWOOD

D PAR A

SITE

±8.15 ACRES



± 8.15 Acres of vacant land ready for immediate development



H-1 zoning, most favorable in the Las Vegas market



Direct access to The Strip via Flamingo Road



Access to McCarran Airport and Las Vegas Convention Center via Paradise Road



Across the street from approximately 1.4M sq. ft. of Class A office space in the Howard Hughes Center



Development opportunities include hotel, timeshare, retail, office, restaurant, condo and condo-hotel

ALEXIS PARK

RESIDENCES @ MGM

L A S V E G A S R E C O V E R Y I S U N D E R W AY A S R E F L E C T E D B Y 2 013 R E S U L T S

BLUEGREEN TIMESHARE

MGM GRAND



Las Vegas set a record for visitation in 2013 with nearly 40 million visitors



Average city wide occupancy increased to 84.3%



Las Vegas Strip gaming revenues increased 4.8% to $6.5 billion



Number of trade shows, conventions and meetings increased 1.9% to 22,027

TROPICANA AVENUE

F O R M O R E I N F O R M AT I O N P L E A S E C O N TAC T: John Knott

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702.369.4860

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[email protected]

Michael Parks //

702.369.4852

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[email protected]

© 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

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