PLAZA DE COLORES 1830 SOUTH RAINBOW BOULEVARD, LAS VEGAS, NV 89146

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1 OFFERING MEMORANDUM PLAZA DE COLORES 1830 SOUTH RAINBOW BOULEVARD, LAS VEGAS, NV Tomer Itzhaki Broker/Owner Tel: (702) TEL: (702) FAX: (702)

2 TABLE OF CONTENT Cover... 1 Index...2 Executive Summary...3 Property Overview...4 Property Highlights...5 Floor Plan...6 Location Map...7 Income & Expenses...8 Demographics...9 Tenent Photo...10

3 EXECUTIVE SUMMARY 3 Omniterra Solutions is proud to present a fully occupied retail building, located within Plaza De Colores shopping center, on the corner of Rainbow Blvd and Oakey Blvd. Situated in a central prime location of west Las Vegas, this property is perfect for investment or an owner-user. With six electrical meters, it can be subdivided into multiple retail store fronts. Ingress/egress access from both Rainbow Blvd and Oakey Blvd, this site falls within the Limited Commercial District and is zoned C-1. Its current occupant, Genesis furniture, has been a stable tenant for the last 11+ years. Plaza De Colores houses national tenants such as sprint, panda express, Midas, and a collection of furniture retailers. Within 5 minute drive of the I95 Freeway and close proximity to Summerlin. ADDRESS 1830 S. Rainbow Boulevard Las Vegas, NV BUILDING TYPE Commercial / Retail ASKING PRICE $1,150,000 SQUARE FOOTAGE +/- 6,480 square feet LOT SIZE +/ Acres YEAR BUILT 1999

4 PROPERTY OVERVIEW 4 Physical Description Property Name Plaza De Colores List Price $1,150,000 Property Type Commercial/Retail APN Property Size +/- 6,480 square feet Lot Size 0.54 acre (23,522 sq. ft.) Building Class B Zoning C-1 (Limited Commercial District) Parking spaces 24 (Cross Access/Parking easement) Parking Ratio 4:1000 (Cross Access/Parking easement) Building Frontage Oakey Boulevard Cross Streets South Rainbow Boulevard & Oakey Blvd. Construction Year Built 1999 Constructino Type Wooden Frame & Stucco Number of Stories 1 Average Floor Size 6,480 Foundation Concrete Parking Surface Rainbow Blvd - 47,000 Number of Units 1 Roof Flat Interior Finish Wall Ceilings Floor Coverings Restrooms Sheet Rock Walls Drop Ceilings Carpet Over Slab Rivate Only - No Common Area

5 PLAZA DE COLORES PROPERTY HIGHLIGHTS Property Highlights Sale Price $1,150,000 / $ PSF 100% Occupied 6,480 Square Feet 1999 Construction 2 1/2 mile South from I-95 Single Tenant occupied for 11+ Years High Traffic Street Major National Tenants in Center Anchor Tenant Reviews What a fabulous place! Amanda is so friendly and helpful. I will most definitely be back for my next two rooms! - Jake Dadon Great service, great prices and amazing people! Highly recommended! 5

6 FLOOR PLAN 6 FLOOR PLAN FLOOR PLAN

7 LOCATION MAP S. Rainbow Boulevard Las Vegas, NV 89146

8 INCOME & EXPENSE 8 Income Summary Total Potential Annual Rental Revenue (NET) $85, Expense Summary Property Taxes $6, (Paid by Tenant) Insurance $ Repairs/Maintenance Paid by Tenant Utilities Paid by Tenant Tenant Name Monthly Space Size CAM Lease Commencement Lease Expiration Genesis Furniture $7, ,480 Sq Ft Paid by Tenant April 1, 2013 March 31, 2018

9 DEMOGRAPHICS 9 Population 1 Mile 2 Mile 5 Mile 2015 Total Population 18, , ,622 Total Census 2010 Population 14, , ,843 Population Change % 30.4% 24.5% 22.1% Average Age Households 1 Mile 2 Mile 5 Mile 2015 Total Households 6,722 88, ,932 Total Census 2010 Households 5,565 68, ,670 Median Household Income $57,748 $52,780 $54,681 Avg. Household Size Housing 1 Mile 2 Mile 5 Mile Total Housing Units 7,686 97, ,413

10 PLAZA DE COLORES TENANT PHOTO 10

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