FOR SALE OR LEASE TENAYA WAY OFFICE BUILDING Tenaya Way, Las Vegas, NV SALE PRICE: $8.5 MM LEASE PRICE: $1.15/SF NNN
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1 FOR SALE OR LEASE SALE PRICE: $8.5 MM LEASE PRICE: $1.15/SF NNN TENAYA WAY OFFICE BUILDING 2724 Tenaya Way, Las Vegas, NV For more information: Mark J. Musser Partner Barry Ross Partner
2 Northwest Subject North The building is part of the UnitedHealth campus consisting of a 43,580 square foot Class A single-tenant building currently occupied by United Healthcare s executive and administrative offices. 95 Resort Coridor The Strip 93 Airport Central The property stands out as one of the more highly desired locations in the Northwest Las Vegas submarket, strategically located along the I-95 Freeway within the Northwest Medical Corridor, with convenient access to I-95, and major arterials of Cheyenne Avenue and Tenaya Way. The building was constructed in 1993, consisting of two stories with high visibility fronting Tenaya Way. The property s upgraded image, proximity to the major medical campus of Mountain View Hospital, large contiguous floor plates, and surrounding healthcare user mix provides a unique opportunity for large office and medical users. Southwest 15 Henderson Proposed Tenant Mix: The building will be highly desirable to healthcare related users, healthcare administrative offices, medical billing, in addition to general office users.
3 TENAYA WAY OFFICE BUILDING 2724 Tenaya Way, Las Vegas, NV Price: $8,500,000 or $1.15/SF NNN PROPERTY FEATURES Located in the heart of the Northwest Medical Corridor, adjacent to Mountain View Hospital Professional exterior design with high-end interior Highly upgraded finishes Convenient access to US 95 Freeway Ample parking available, both surface and parking garage spaces Large floor plates of +/-21,000 rsf PROPERTY SUMMARY Asking Price: $8,500,000 or $1.15/SF NNN Lease Building SF +/- 43,580 Available SF From 10,000 to 43,580 Land Size: 2.80 AC Year Built: 1993 Parking Ratio: 4.7 / 1,000 SF Single-tenant or multi-tenant opportunity Lease Type: NNN 24/7 operation No. Stories: 2 High-Traffic location at hard corner Strong demographics and area growth Class A building Ideal for medical users and administrative offices Building Class: Parking: Zoning: A +/- 4.7 : 1,000 rsf C-PB
4 LOCATION OVERVIEW Mountain View Hospital 95 W. Cheyenne Ave N Tenaya Way 95 Subject Property 95
5 FLOOR PLANS FIRST FLOOR ±21,790 SF Publish Date: 24-June Tenaya Way, Las Vegas, NV - 2nd Floor 724 TENAYA WAY FIRST FLOOR ±21,790 SF SECOND FLOOR ±21,790 SF Publish Date: 24-June-2014
6 PHOTOS
7 PHOTOS
8 DEMOGRAPHICS 1 Mile Radius 3 Miles Radius 5 Miles Radius 18, , , $57, $68, $72,384 1,259 16,538 4,786 47,199 12, ,073 $44,193 $22,690 $57,397 $50,916 $25,684 $68,198 $53,242 $27,101 $72,384 Households by Income The Largest Group: $50,000 - $74, % The Smallest Group: $200, % Households by Income The Largest Group: $50,000 - $74, % The Smallest Group: $200, % Households by Income The Largest Group: $50,000 - $74, % The Smallest Group: $200, %
9 LAS VEGAS HIGHLIGHTS Fast growing population 3rd largest convention destination International tourism hub Favorable business tax structure No state income tax 24-hour economy Growing tech-industry environment A young and highly productive work force Modern transportation infrastructure Attractive quality of life and moderate climate Affordable cost of living Favorable shopping, dining & entertainment Located in Clark County in Southern Nevada, Metropolitan Las Vegas is the 31st largest MSA in the United States, with over two million residents. With 320 days of sunshine and an average year round temperature of 80 degrees, Las Vegas is an internationally renowned tourism and convention destination. After lagging for most of the economic recovery, Las Vegas has begun to see increases in job growth, home prices, construction, tourism, and population. As the national recovery progresses, people will continue to be drawn to Las Vegas for its employment opportunities, warm weather, quality of life, and affordable cost of living.
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