AIRPORT PLAZA 1755 EAST PLUMB LANE RENO, NEVADA CONTACT US FOR SALE $4,900,000 $62 PSF. w w w.c b r e.c om/r e no

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1 EAST PLUMB LANE RENO, NEVADA $4,900,000 $62 PSF Terminal Way Termin al Way Under Construction Airport Office Campus Coming Soon b E um Pl ne La CONTACT US MATT GRIMES, CCIM First Vice President matt.grimes@cbre.com w w w.c b r e.c om/r e no DAVID WOODS, CCIM First Vice President david.woods@cbre.com

2 EXECUTIVE SUMMARY CBRE is pleased to present the Airport Plaza, a 79,048 square foot multi-tenant office building that sits at the gateway to the Reno Tahoe International Airport. The Class B office building has undergone significant renovation over the past two years to bring common areas and vacant suites to a modern finish. This value-add opportunity provides significant upside potential through the lease-up of vacant spaces and increase in rents. Much of the heavy lifting has been completed, including a new roof (2018), complete common area remodel (2017), and recent remodel to many of the vacancies. The site sits directly in front of the primary vehicle entrance to the Reno-Tahoe International Airport, adjacent to the I580 Freeway, across the street from a Hyatt hotel and a brand new A-Loft Suites (currently under construction), with immediate access to Public Transportation. The Airport Plaza is centrally located in Reno/Sparks, providing easy access to all residential areas, and to air travelers who can walk to the building from the Reno-Tahoe International Airport. This well located investment offers one of the few well located value-add investments available in the growing Northern Nevada region. + + Sale Price: $4,900, $62.00 per square foot + + Building 79,048 SF + + Lot Area 162,043 SF + + APN The building sits on a land lease, with approximately 37 years remaining + + Below market rents + + Renovated common area + + New roof (2018) + + Built in Ample Parking (236 parking stalls) + + Immediate Access to Public Transportation Building Lobby Suite #260 Building Lobby

3 FIRST FLOOR SECOND FLOOR

4 FIRST FLOOR + + North #112 NV Health Partners #112 #112 #118 Front Office Staff #111 Joe Stehle #126 #110 #108 Psychological Services #102 #100 Truckee Jackson & Meadows Jackson CPA s Pest Control #128 Healthsmith #129 # # Custom Business Solutions #131 #141 H & D Construction #145 # OCCUPIED VACANT

5 # # United United Auto Auto Workers Workers Local Local FIRST FLOOR + + South #112 #162 Complete Association Management #168 Adolon #170 Integrity Business Branding Solutions #158 Reno Tahoe Winter Game Coalition # The Evan s Broadcast Company #150 Guilford Legal Group #152 Contractor s Exam Center # Enel Green Energy OCCUPIED VACANT

6 SECOND FLOOR + + North # #212 Redfield Land Co. #220 Kodali Inc. #202 #201 Nesco Resources #229 State of NV Transport Authority #222 #243 State of NV Dept. Of Administration #231 #241 OCCUPIED VACANT

7 SECOND FLOOR + + South #260 #264 Applied Pavement Technology # 266 First Command Financial Service #270 Phoenix Leadership Development #265A Debt & Taxes #265B Vanella # Hilapro Holdings #269 Debt & Taxes # State of NV Board of Massage Therapy #265C #256C # 256 A-B Great Basin Bird Observatory # #255 Synthego OCCUPIED #258 State of NV Board of Engineers VACANT #257

8 w w w.c b r e.c om/r e no E PLUMB L ANE

9 STATE OF NEVADA WASHOE COUNTY ASSESSOR'S OFFICE Joshua G. Wilson, Assessor E PLUMB L ANE 1001 East Ninth Street Building D Reno, Nevada (775) E Plumb Lane SV et 1 inch = 200 feet Stre 50 inia irg Feet 0 Sparks Reno Å TWT 8/20/2014 created by: last updated: area previously shown on map(s) w w w.c b r e.c om/r e no NOTE: This map was prepared for the use of the Washoe County Assessor for assessment and illustrative purposes only. It does not represent a survey of the premises. No liability is assumed as to the sufficiency or accuracy of the data delineated hereon. Terminal Way Mill Street

10 PARCEL MAP DRIVE APN Building 79,048 SF + + Lot Area 162,043 SF LANE sf sf WAY ROAD sf Abandoned portion Airmotive Way AR# (Air Space Lease beneath I - 580) 6.87 ac ac Document /7/1983 CITIFARE BUS STATION MATLEY FRONTAGE ac sf TERMINAL CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners.

11 E PLUMB L ANE RENO/SPARKS OVERVIEW Greater Reno-Tahoe encompasses the cities of Reno, Sparks, Carson City, Minden/Gardnerville, and Incline Village. The region is centrally located to major western cities including Sacramento, San Francisco, Portland, Salt Lake City, Las Vegas and Los Angeles, all within a day s drive. With its many recreational opportunities, a rich quality of life and no state taxes for businesses, the area is strongly poised for continued growth. Reno is home to the University of Nevada; a Triple-A baseball park; and a number of industrial giants, including Tesla, Microsoft Licensing, Amazon and International Gaming Technology. NEVADA S TAX STRUCTURE ++No Corporate Income Tax ++No Personal Income Tax ++No Inventory Tax ++No Unitary Tax ++No Estate and/or Gift Taxes ++No Franchise Tax ++No Inheritance Tax ++No Special Intangible Tax 10 MINUTES TO RENO TAHOE INDUSTRIAL CENTER 15 MINUTES TO CALIFORNIA BORDER DOWNTOWN RENO 30 MINUTES TO TAHOE w w w.c b r e.c om/r e no SPARKS UNIVERSITY OF NEVADA RENO