FOR SALE CHARLESTON VALLEY VIEW BUSINESS PARK. Class A Office Space

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1 Class A Office Space Presented By: NEIL SORKIN Director (702) Tel neil.sorkin@comre.com BOB HAWKINS Senior Director (702) Tel bob.hawkins@comre.com 3773 Howard Hughes Parkway, Suite 100S Las Vegas, NV

2 Cushman & Wakefield/Commerce, as exclusive agent, is pleased to offer for sale Charleston Valley View Business Park , 3821, 3831, 3841 West Charleston Blvd. and 1161 South Valley View ( the property ). Charleston Valley View Business Park is a well-established 85,622 square foot multi story, multi building office/medical complex located in the West Charleston office corridor in the City of Las Vegas, Nevada. The property is situated on the southeast corner of W. Charleston Blvd. and South Valley View and fronts West Charleston Blvd. on the north and South Valley View Blvd. on the west. The property is currently zoned CP (Commercial Professional Services). The property is located across the street from the Las Vegas Valley Water District main facility and only one mile from the UMC Medical Center (Las Vegas County facility), Valley Hospital & Medical Center, Interstate 15 and U.S. 93/95 highway. The property is also in the immediate vicinity of the new City of Las Vegas Health District overlay area. There are also a myriad of other businesses in the immediate area such as the Westland Plaza, which is anchored by Lowe s, Wal-Mart, Starbuck s, Cane s, A & W/Long John Silver s and Macayo Vega Mexican Restaurant just to name a few, as well as the Meadows Mall, which is anchored by Dillard s, Macy s, J.C. Penney and Sears and houses over 100 nationally recognized additional shops and restaurants. Charleston Valley View Business Park provides an investor a compelling opportunity to purchase a stabilized asset with a value-add component in one of Las Vegas most dynamic office submarkets. Improving job growth spurred by Las Vegas improving resort corridor coupled with its central location in the Las Vegas Valley will position the property for consistent, long-term value appreciation. Property Name Charleston Valley View Business Park 3811/3821/3831/3841 W. Charleston Blvd Property Address and 1161 S. Valley View Property Type Single and Two Story Office and Medical Office Buildings Year Built 1992 Jurisdiction Las Vegas, Nevada 80% occupied Single and Two Story Office/Medical Office complex. Site improvements include 2-story parking Description garage at the east side of the property, lush park like center courtyard, lush landscaping throughout and on site parking as well around the entire property. Number of Suites 21 total suites Lot Size 7.04 Acres Parcel # , 002 & 003 Project Size ±85,622 Square Foot Parking ±4.1/1000 Occupancy 80% Year 1 Actual NOI $950,106

3 FOR SALE Parcel Map Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Cushman & Wakefield Copyright No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

4 FOR SALE Property Summary Charleston Valley View Business Park is located in the wellestablished West office sub-market of the Las Vegas valley. The conveniently located Property successfully integrates 90 s architecture and styling with the Property s unique lush courtyard with fountain for a very zen atmosphere and feel unlike anything else in the area. The central courtyard is well maintained with mature pine trees, grassy hillside and cascading water fall with pond for a very serene atmosphere. North Las Vegas Airport The design of the development lends itself to creating maxi- 95 mum flexibility with size of suites, while keeping with a much larger business park setting for all to enjoy. Additionally, tenants can take advantage of the close proximity to downtown Las Vegas and regional shopping malls McCarron Airport 15

5 Site Description Assessor s Parcel # , 002 & 003 Zoning Site Area Access Commercial Professional (CP) 7.04 acres or 306,662 SF Access to the property is provided from driveways located along West Charleston Blvd on the North side of the property and South Valley View on the West side of the property. Utilities and Services Water: Sewer: Electric: Gas: Telephone: Trash Removal: Cable: Las Vegas Valley Water District Clark County Department of Sanitation NV Energy Southwest Gas Corporation Embarq, Centurylink Republic Services Cox Communications, Centurylink Parking Landscaping Trash Enclosures Bathrooms Utility Rooms HVAC Elevator Fire Sprinklers There are a total of 340 parking spaces located on the property. These spaces are spread throughout the site as on-grade parking and a two story garage on the east side of the property. The covered reserved parking is controlled and monitored by the property manager. The landscaped areas throughout the Property are adorned with a combination of desert style landscaping and traditional grass in the courtyard area. The Property has many mature trees and shrubs to enhance the business park like setting. The courtyard area between all of the building also contains a very soothing water feature that is controlled by traditional pumps and motors. Irrigation to the landscaped areas is provided by an automatic irrigation system consisting of sprinkler heads, drip heads and electronic solenoid valves connected by PVC underground piping and controlled by a programmable timer. There are several trash enclosures located on the property for the use by the Tenants. The 3811 building is equipped with two sets of restrooms a men s and women s located on each floor. The janitorial services for these restrooms is controlled by the property manager. The other spaces in the Property either share or each have their own restroom(s) located within each suite. There are several Utility rooms located throughout the property for the use of electrical meters and demark locations for phone and cable services. Heating and air conditioning for all common areas as well as the individual suites are provided by packaged systems which are roof mounted with condensing units located above the ceiling grid. There is one hydraulic elevator located on the property in the 3811 building. The elevator is manufactured by Otis and the finishes are consistent with the common areas in that building. Some of the buildings have been retro-fitted with an automatic fire sprinkler system. Presented By: NEIL SORKIN Director (702) Tel neil.sorkin@comre.com BOB HAWKINS Senior Director (702) Tel bob.hawkins@comre.com 3773 Howard Hughes Parkway, Suite 100S Las Vegas, NV