LAS VEGAS, NV FOR SALE 955 GRIER DRIVE AIRPORT SUBMARKET OWNER/USER BLDG WITH INCOME

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1 FOR SALE 955 GRIER DRIVE LAS VEGAS, NV AIRPORT SUBMARKET OWNER/USER BLDG WITH INCOME OFFERING SUMMARY Cushman & Wakefield, as exclusive listing broker, is pleased to offer for sale 955 Grier Drive, a high-image office/warehouse building, located within the Hughes Airport Center in Las Vegas, NV. The convenient location in the Airport Submarket immediately adjacent to McCarran International Airport provides excellent access to the airport, the I-15 and I-215 freeways, the Las Vegas Strip and all convention facilities. The property consists of 4 units, two of which are leased generating $19,169/month in tenant income that includes NNN reimbursements for buyer. The other units would be great for either an owner/user or a tenant seeking to lease the spaces. 5 (Five) Grade Doors 1 (One) Inside Dock Well (filled) 45% Occupied Owner/User - Investment Property $19,169/month in tenant income that includes NNN reimbursements Approximately 1 1/2 years avg remaining lease terms plus options Owner/user can occupy more than 51% as required for SBA financing (see attached) Ability to reduce occupancy cost by almost 50% over leased space PROPERTY SUMMARY REDUCED ASKING PRICE: $6,485,000 Property Size: ±46,498 SF ($139/SF) Vacant Space: ±25,308 SF Site Size: ±3.42 acres Parking: 2.12/1,000 (±105 spaces) Zoning: Light Manufacturing (M-1) Year Built: 1986 Parcel Number: Geoffrey P. West gwest@comre.com 6725 Via Austi Pkwy., Suite 275 Las Vegas, NV Main Fax comre.com 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.

2 W Paradise Rd FOR SALE 955 GRIER DRIVE LAS VEGAS, NV AIRPORT SUBMARKET OWNER/USER BLDG WITH INCOME 15 Sunset Rd US Postal Service Dean Martin Dr Las Vegas Blvd 955 Grier Warm Springs Rd Power Distribution Reception Elec. Break Serv. Stor. Tel. RR RR Suite B 8,488 SF warehouse 9 Warm Sprin Suite C 7,346 SF warehouse C Fenced Bullpen Parts Cage B Bermuda Rd A Suite A D Suite D (Bar & Grill) Miles Copyrig Geoffrey P. West gwest@comre.com 6725 Via Austi Pkwy., Suite 275 Las Vegas, NV Main Fax comre.com 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.

3 FOR SALE 955 GRIER DRIVE LAS VEGAS, NV AIRPORT SUBMARKET OWNER/USER BLDG WITH INCOME Power Distribution Reception Suite C 7,346 SF warehouse VACANT Elec. Break Fenced Bullpen Tel. Serv. Stor. Parts Cage RR RR Suite B 8,488 SF warehouse VACANT Suite A Leased - Aruze Gaming Suite D (Bar & Grill) Leased - Paradise Poker Club Geoffrey P. West gwest@comre.com 6725 Via Austi Pkwy., Suite 275 Las Vegas, NV Main Fax comre.com 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 Wells Fargo Bank, N.A. Small Business Administration Lending Commercial Real Estate Comparison Pricing Summary Prepared For: Proposed Building Property Address: 955 Grier Las Vegas, Nevada As of Date: August 4, 2017 Business Development Officer: Guy Gugino Office Phone: (702) Cell Phone: (702) Fax Number: (866) Address: Mailing Address: 6325 S Rainbow Blvd., Suite 230 Las Vegas, Nevada This is not an offer or commitment to lend and is intended for discussion purposes only. All financing is subject to credit approval and determination of SBA eligibility by the Wells Fargo SBA Lending group and additional collateral may be required. The amounts provided are estimations and the actual fees, costs and monthly payment will vary depending on your specific loan transaction. The interest rate is dependent on the Wall Street Journal Prime and is subject to change Wells Fargo Bank, N.A. All rights reserved.

5 Wells Fargo Bank, N.A. -- SBA Lending Guy Gugino Phone Number: (702) Cell Number: (702) Address: Loan Type: SBA 504 Owner Occupied Commercial Real Estate Financing Date: 08/04/17 Property Description: 46,498 Square Foot Commercial Building Project Cost (estimates) Total Out of Pocket Project Cost $145 per sq ft 6,750, ,000 Debenture Loan Fee 71,640 0 Debenture Closing Fee 2,500 2,500 Bank Loan Fee 16,896 16,896 3rd Party Costs: appraisal, environmental, title, etc 11,000 3,350 Total Project Cost $6,852,036 $697,746 Out of Pocket Cost as % of Total Project: 10.2% WFSBA SBA 504 Combined Loan Details 1st DOT 2nd DOT Loans Loan Amount $3,379,250 $2,775,040 $6,154,290 Loan Rate (WF fixed rate for 25 years) 6.10% 4.76% 5.50% Loan Term (in years) Amortization Term (in years) Monthly Payment $21,980 $17,948 $39,928 Monthly Occupancy Cost (P+I) Annual Occupancy Cost (P+I) $0.86 per sq ft $10.30 per sq ft This is not an offer or commitment to lend and is intended for discussion purposes only. All financing is subject to credit approval and determination of SBA eligibility by the Wells Fargo SBA Lending group and additional collateral may be required. The amounts provided are estimations and the actual fees, costs and monthly payment will vary depending on your specific loan transaction. The interest rate is dependent on the Wall Street Journal Prime and is subject to change. Prepared for: Proposed Building 8/4/ Wells Fargo Bank, N.A. All rights reserved.

6 Wells Fargo Bank, N.A. -- SBA Lending Guy Gugino Phone Number: (702) Cell Number: (702) Address: Own vs. Lease Comparison With SBA 504 Loan Loan Information Date: 8/04/17 Property Description: 46,498 Sq Ft Commercial Building Wells Fargo Loan SBA Loan Combined Loan Amount: $3,379,250 $2,775,040 $6,154,290 Interest Rate: 6.10% 4.76% 5.50% Amortization in Years: Term in Years: Monthly Payment: $21,980 $17,948 $39,928 Purchase Assumptions: Lease Assumptions: Monthly Rent per Square Foot $0.75 Total Project Cost $6,852,036 Monthly Rent (approx 23,700 sq ft) $17,785 Start-up costs Start-up costs Cash Down Payment: 10.2% of Total Project $697,746 Prepaid Rent and Security Deposit $35,571 (Equals 2 Months Rent) Monthly Cost Estimate Per Sq. Ft. Amount Monthly Cost Estimate Per Sq. Ft. Amount Mortgage Payment $0.86 $39,928 Rent Payment $0.75 $17,785 Operating Costs (includes CAM) $0.17 $7,905 Operating Costs (includes CAM) 0.17 $4,031 Association Dues $0.00 $0 Association Dues 0.00 $0 Total Monthly Costs $1.03 $47,832 Total Monthly Costs $0.92 $21,817 Monthly Ownership Benefits Own Lease Monthly Ownership Benefits Depreciation Estimate (1) $4,038 Depreciation Estimate N/A Tenant Income (if applicable) $19,139 Tenant Income N/A Appreciation Estimate (2.00% annualized) $11,250 Appreciation Estimate N/A Total Ownership Benefits $34,427 Total Ownership Benefits N/A Total Effective Monthly Cost $13,405 Total Effective Monthly Cost $21,817 Property Value and Owner's Equity (2) Time Period Property Value Loan Balance Equity Year 5 $7,452,545 $5,349,296 $2,103,250 Year 10 $8,228,212 $4,208,813 $4,019,400 Year 15 $9,084,611 $2,805,114 $6,279,497 Year 20 $10,030,145 $1,134,177 $8,895,968 (1) Depreciation Assumptions: Depreciable building cost is 80% of $6,750,000 property value; Depreciated over 39 years; Borrower tax rate is 35% (2) Owner's equity calculation assumes 2.00% annual appreciation rate and constant interest rate noted above. Rate may be subject to change. This is not an offer or commitment to lend and is intended for discussion purposes only. All financing is subject to credit approval and determination of SBA eligibility by the Wells Fargo SBA Lending group and additional collateral may be required. The amounts provided are estimations and the actual fees, costs and monthly payment will vary depending on your specific loan transaction. The interest rate is dependent on the Wall Street Journal Prime and is subject to change. Prepared for: Proposed Building 2016 Wells Fargo Bank, N.A. All rights reserved.