AVAILABLE FOR SALE OR LEASE - 16,095 SF FREE STANDING BUILDING ON 1.62 ACRE PAD CVS LEASE EXPIRES FEBRUARY 28, 2022
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800 South Rampar t Boulevard, Las Vegas, NV 89145 AVAILABLE FOR SALE OR LEASE ±16,095 SF FREE STANDING BUILDING ON ±1.62 ACRE PAD CVS LEASE EXPIRES FEBRUARY 28, 2022 * Offering Memorandum For Sale or Lease Investment or Owner User Building
±16,095 SF Free Standing Building for Sale or Lease
Property Information 800 South Rampart Boulevard, Las Vegas, NV 89145
Asking Price Price PSF Sq. Ft. Lease Rate Lease Type
$7,500,000 $465.98 ±16,095 $2.00-$2.50 NNN
PROPERTY SPECIFICATIONS SALE OFFERING
SQUARE FEET ±16,095 SF PRICING $7,500,000
LAND AREA ±1.62 CURRENT 100% Leased until 2/28/22 or early
OCCUPANCY termination
YEAR BUILT 2001 / Renovated 2003
ZONING C1 Las Vegas
PARKING 4.90/1,000 (63 spaces)
FOR LEASE
One (1) Grade Level Loading LEASE RATE $2.00 - $2.50 PSF
LOADING
Door
LEASE TYPE NNN
PARCEL NUMBER 138-32-412-008
AVAILABLE TBD
SIGNAGE Pylon Signage
DEMISABLE Owner open to demising the space *
DRIVE THRU Yes
* Lease Rate TBD based on term and credit
ACCESS Six (6) points of Ingress/Egress
RENT ROLL
LEASE LEASE LEASE RENT MONTHLY ANNUAL MONTHLY
TENANT TERM / MOS EFF DATE EXP DATE PSF/MO RENT RENT CAM PSF/MO CAM
CVS (sublease to Party USA) * 240 01/10/02 02/28/22 $1.75 $28,153.24 $337,838.96 $0.236 $3,800.01
* subject to first right of refusal
Avison Young | Offering Memorandum 2
±16,095 SF Free Standing Building for Sale or Lease Additional Photos 800 South Rampart Boulevard, Las Vegas, NV 89145 Avison Young | Offering Memorandum 3
±16,095 SF Free Standing Building for Sale or Lease
Site Plan of Boca Park 800 South Rampart Boulevard, Las Vegas, NV 89145
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8 Samalatte Amenities
9 Starbucks 1 Office Max
10 Jason’s Deli 2 Lamps Plus
11 Panera 3 CIT Bank
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4 AT&T Store 5 7
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5 Petland
MOTHERHOOD PATERNITY
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6 Target
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1 A Children’s Dentist 8 Living Spaces 3 10 4
2 Lau Stella OD 9 Total Wine
PARK AVE.
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Avison Young | Offering Memorandum 4
±16,095 SF Free Standing Building for Sale or Lease
Neighboring Tenants 800 South Rampart Boulevard, Las Vegas, NV 89145
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CROSSROADS COMMONS
Avison Young | Offering Memorandum 5
±16,095 SF Free Standing Building for Sale or Lease
Las Vegas Overview Map 800 South Rampart Boulevard, Las Vegas, NV 89145
SITE
Avison Young | Offering Memorandum 6
±16,095 SF Free Standing Building for Sale or Lease
Demographics 800 South Rampart Boulevard, Las Vegas, NV 89145
POPULATION 1 MILE 3 MILE 5 MILE
Estimated Population (2021) 12,324 163,032 415,373
Projected Population (2026) 12,737 169,168 440,051
Projected Annual Population Growth (2021-
2026) 413 6,136 24,678
Estimated Households (2021) 5,310 67,890 66,888
Projected Households (2026) 5,357 68,782 172,604
Projected Annual Household Growth (2021-
2026) 0.2% 0.3% 0.7%
Estimated Median Age (20 to 64 years) 59.9% 59.2% 58.2%
HOUSEHOLD INCOME
Est. Avg. Household Income (2021) $107,386 $111,035 $100,100
Est. Median Household Income (2021) $80,320 $76,818 $73,666
EDUCATION
Any College (Some College or Higher) 72.8% 67.0% 62.7%
College Degree + (Bachelor Degree or Higher) 33.5% 34.6% 30.8%
WORKFORCE
White Collar Workers 60.8% 61.5% 56.0%
Blue Collar Workers 39.2% 38.5% 44.0%
HOUSING
Housing Units Owner-Occupied 54.5% 57.2% 57.9%
Avison Young | Offering Memorandum 7
±16,095 SF Free Standing Building for Sale or Lease
McCarran International Airport 800 South Rampart Boulevard, Las Vegas, NV 89145
2 4 51.5M 27th
Passenger Terminals Runways Passengers Busiest Airport in the
(Terminal 1 and 3) in 2019 World by Passenger Traffic
The airport was built in 1942 and opened to airline flights in 1948. It has expanded since then and has employed various innovative technologies, such as common-
use facilities. The airport has four runways and two passenger terminals. East of the passenger terminals is the Marnell Air Cargo Center, and on the west side of the
airport are fixed-base operators and helicopter companies.
The airport has nonstop air service to North America, Asia and Europe. It is the operating hub for Allegiant Airlines and crew and maintenance base for Southwest
Airlines and Spirit Airlines.
The 8th Busiest Airport in the United States
Avison Young | Offering Memorandum 8
±16,095 SF Free Standing Building for Sale or Lease
Las Vegas Development 800 South Rampart Boulevard, Las Vegas, NV 89145
NHL Team
LVCC Expansion The Vegas Golden Knights opened their
inaugural season on October 10, 2017 at
Las Vegas Convention Center is currently the T-Mobile Arena and the entire city has
undergoing a $2.5 billion, 600,000 square foot been rallying behind these golden boys
expansion to absorb excess demand. ever since.
Mandalay Bay
Convention Center
$1 Billion Public Works Project Recently underwent a 350,000 square
foot expansion and is now the 5th
Project Neon is the largest and most expensive public largest convention center in North
works project ever in the state of Nevada. The project America.
widens Interstate 15 from the U.S. 95 interchange
to Sahara Avenue. The improvements to the busiest
stretch of road in Nevada were completed the summer
of 2019 20,000 Seats
The T-Mobile Arena opened April 6, 2016
and seats 20,000 for sporting events,
concerts and award shows. The Park,
which is just adjacent to the T-Mobile is
The Las Vegas Raiders Las Vegas' newest entertainment spot.
Ground was broken on November 14, 2017 for
the 1.9 billion 65,000 seat, domed stadium that is
the new home of the Las Vegas Raiders in 2020
and the UNLV football team. The Raiders are Brightline West
scheduled to begin playing its home games at
the Las Vegas Stadium as the Las Vegas Raiders Brightline West is a high-speed rail line
for the 2020 National Football League (NFL) to shuttle tourists and conventioneers
season. A practice facility was built for the team between southern California and
in Henderson. the hotels and casinos of Las Vegas.
Groundbreaking expected to occur as
early as Spring 2021.
Avison Young | Offering Memorandum 9
±16,095 SF Free Standing Building for Sale or Lease
Las Vegas Development 800 South Rampart Boulevard, Las Vegas, NV 89145
The Boring Company
Dream Las Vegas
Elon Musk’s Boring Company is creating tunnels
underneath the Las Vegas Convention Center, at The 21-story Dream Las Vegas will have
a cost of $52.5 million, to build a “people-mover” more than 400 chic & stylish rooms, a
system to shuttle visitors from one side of the casino, dining, nightlife, meeting space
venue to the other. and a rooftop pool. The resort is set to
open in 2023.
The people-mover, which is being formally called
the Convention Center Loop, is scheduled to open
in February 2021.
Resorts World Las Vegas
MSG SPHERE
Genting Group's new project, otherwise known
Madison Square Garden’s MSG Sphere, currently as Resorts World Las Vegas, is located on 87
under construction, will be a 360-feet-tall and acres of the former Echelon site. The Asian-
500-feet-wide concert venue slated to be built themed resort will cost approximately $4 billion
by 2023 on land east of the Sands Expo Center. to construct, and consist of 3,500 guest rooms,
The venue’s exterior will be fully programmable, convention space, retail and restaurants.
housing a 170,000-square-foot spherica digital Opening is estimated to be in summer of 2021.
indoor display plane.
Union Village
Google Data Center Union Village, in Henderson, has been dubbed
Henderson is slated to be home to a new Google the first integrated healthcare village in the
data center in December 2020. The company is world at $1.2 billion. It is a 130 acre village
building the center on 64 acres and is projected that includes Henderson Hospital, multi-family
to bring in more than $94.3 million in tax and generational housing, medical office, gym,
revenue to Nevada. restaurants and retail.
Avison Young | Offering Memorandum 10±16,095 SF Free Standing Building for Sale or Lease
Who’s Moving to Nevada 800 South Rampart Boulevard, Las Vegas, NV 89145
HAAS AUTOMATION SWITCH APPLE AMAZON TESLA
Haas Automation As one of Switch Founded in 2000 and Apple As part of the company’s Amazon With significant and Tesla broke ground on the Gi-
the largest machine tool build- headquartered in Las Vegas, $350 billion commitment to sup- growing presence in both Reno gafactory in June 2014 outside
ers in the world, the innova- Nevada, Switch is built on the port the U.S. economy and its and North Las Vegas, (the latest Sparks, Nevada. The Gigafac-
tive manufacturing company intelligent and sustainable workforce, Apple recently com- addition is an 850,000 sf fulfill- tory is being built in phases so
is expanding it’s operations to growth of the Internet. Its pleted construction on the com- ment center).Amazon employs that Tesla can begin manufac-
Southern Nevada. Haas auto- Founder and CEO, Rob Roy, de- pany’s downtown warehouse, in more than 3,000 employees turing immediately and contin-
mation plans to bring a multi- veloped more than 500 issued addition to completing the east at their Silver State facilities. ue to expand. Already, the cur-
phase development to west and pending patent claims cov- campus at its Northern Neva- Amazon has invested millions rent structure has a footprint
Henderson. The new facility ering data center designs that da Data Center in Sparks. The of dollars into its local fulfill- of more than 1.9 million square
will include more than 2.3 mil- manifested into their world-re- company also announced plans ment center infrastructure feet. Once complete, Tesla ex-
lion square feet of warehouse nowned data centers and their for new construction for a west and through compensation to pects the Gigafactory to be the
and manufacturing space, of- technology solution ecosys- campus at the data center, as thousands of employees in the biggest building in the world
fices, and showroom space tems. Switch is the recognized well as partnering on expanding state. Amazon’s investments in – and entirely powered by re-
for the company. It is estimat- world leader in data center a solar power project for the re- Nevada contributed an addi- newable energy sources.
ed that this development will design, development and mis- gion. These expansions, accord- tional $50 million into Nevada’s
bring more than 4,000 jobs to sion-critical operations. ing to a statement provided to economy from 2011 through
Southern Nevada. the NNBV, will increase the data 2016, and it estimates its in-
center’s footprint to 1.2 million vestments in the state have
square feet. created an additional 1,300 in-
direct jobs on top of the com-
pany’s direct hires.
Avison Young | Offering Memorandum 11RICHARD OROSEL
Capital Markets Group - Investments
o: 702 637 7289 c: 702 524 7212
richard.orosel@avisonyoung.com
NV #S.0183602
avisonyoung.com
JOSHUA L. LEVY
Managing Partner
o: 323 515 8302 c: 213 503 2261
jlevy@arcainc.us
CA #01068569
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