KW COMMERCIAL2230 Corporate Circle,Suite 250Henderson , NV 89074
KIM K. HENRYDirector0: [email protected] #BS.0144445
MICHELLE EDDINGS
O: [email protected] #BS.0145421
PATRICK PROFESSIONAL BUSINESS PARK
PRESENTED BY:
3920 - 3930 E. PATRICK LN, LAS VEGAS, NV 89120
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kimhenryrealty.com 2
KW COMMERCIAL2230 Corporate Circle,Suite 250Henderson , NV 89074
Confidentiality & Disclaimer
KIM K. HENRYDirector0: [email protected] #BS.0144445
MICHELLE EDDINGS
O: [email protected] #BS.0145421
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by KW Commercial in compliance with all applicable fair housing and equal opportunity laws.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
OFFERING MEMORANDUM
PRESENTED BY:
LAS VEGAS, NV
PROPERTY INFORMATION
1 | PROPERTY INFORMATION
EXECUTIVE SUMMARY
PROPERTY DESCRIPTION
PROPERTY DETAILS
ADDITIONAL PHOTOS
REGIONAL MAP
LOCATION MAPS
AERIAL MAP
DEMOGRAPHICS MAP
SITE PLAN
1PROPERTY INFORMATIONPATRICK PROFESSIONAL PARK/ MEDICAL OFFICES
OFFERING MEMORANDUM
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OFFERING SUMMARY
SALE PRICE: $2,250,000
LOT SIZE: 1.02 Acres
YEAR BUILT: 1992
BUILDING SIZE: 15,222 SF
ZONING:OfKce and Professional
(C-P)
MARKET: Business Park
SUBMARKET:Executive Suites,
OfKce, Medical
PRICE / SF: $147.81
PROPERTY OVERVIEWKeller Williams - Market Place is pleased to present Patrick Professional Park/Medical OfKces a prime, highly visible, 50% occupied multi-tenant ofKce buildingis located in the southeast part of Las Vegas. McCarran International Airport is justa short 2.6 miles away. In addition, this property is easily accessible to all parts ofthe Las Vegas Valley including The Las Vegas Strip, Henderson, and Green Valley,and centrally located in a busy industrial business area.
PROPERTY HIGHLIGHTS• Two Buildings One Location
• Elevator
• 1.02 acres
• Convention Size meeting Room
• Built-out ofKce & Medical Suites
• Excellent street frontage
• 42 Parking Spaces
• Upgraded ADA restrooms
• 2.6 Miles from Mccarran International Airport
Executive Summary
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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PROPERTY OVERVIEW
Keller Williams - Market Place is pleased to present PatrickProfessional Park/ Medical OfKces a prime, highly visible, 50%occupied multi-tenant ofKce building is located in the southeastpart of Las Vegas. McCarran International Airport is just a short 2.6miles away. In addition, this property is easily accessible to allparts of the Las Vegas Valley including The Las Vegas Strip,Henderson, and Green Valley, and centrally located in a busyindustrial business area.
LOCATION OVERVIEW
TWO BUILDINGS ONE LOCATION - professional ofKce spacetotaling building: +/- 15,222 SF. This location features a largeconvention style meeting room, conference room, and a trainingroom all which can be leased out for additional income. Thislocation features an abundance of ofKce spaces and privateexecutive ofKces suites with private entrances. There is ampleparking. This trophy asset is in close proximity of the famousGreen Valley District, Whitney Ranch, Henderson, and McDonaldRanch Master Planned Community, which is home to some of thearea’s most premier residential neighborhoods.
Property Description
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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SALE PRICE $2,250,000
LOCATION INFORMATION
Building Name Patrick Professional Park/ Medical OfKces
Street Address 3920-3930 E Patrick Lane, Las Vegas, NV
City, State, Zip Las Vegas, NV 89120
County/Township Clark
Market Business Park
Submarket Executive Suites, OfKce, Medical
Cross Streets Pecos and Sandhill
Road Type Paved
Market Type Medium
Nearest Highway 95
Nearest Airport McCarran
BUILDING INFORMATION
Building Size 15,222 SF
Price / SF $147.81
Year Built 1992
Building Class B
Occupancy % 50%
Tenancy Multiple
Load Factor Yes
Condition Good
Free Standing Yes
Number Of Buildings 2
Walls Drywall
PROPERTY DETAILS
Property Type Medical Plaza; Business Park
Property Subtype OfKce Building
Zoning OfKce and Professional (C-P)
Lot Size 1.02 Acres
APN# 161-31-602-018
Submarket Executive Suites, OfKce, Medical
PARKING & TRANSPORTATION
Parking Type Surface
UTILITIES & AMENITIES
Handicap Access Yes
Number Of Elevators 1
Broadband Cable
Gas / Propane None
Exterior Description Stucco
Utilities Description Electric
Property Details
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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Additional Photos
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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Patrick Professional Park/Medical Offices
Regional Map
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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Location Maps
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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Patrick Professional Park/Medical Offices
Aerial Map
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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POPULATION 1 MILE 3 MILES 5 MILES
Total population 11,987 142,525 382,895
Median age 36.3 37.9 38.4
Median age (male) 36.1 36.9 37.7
Median age (Female) 36.9 38.6 39.2
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 5,053 55,260 153,167
# of persons per HH 2.4 2.6 2.5
Average HH income $71,924 $71,219 $66,562
Average house value $344,827 $322,991 $271,791
* Demographic data derived from 2010 US Census
Demographics Map
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
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Site Plan
PATRICK PROFESSIONAL PARK/ MEDICAL OFFICES 1 | PROPERTY INFORMATION
