for sale – longevity indoor sports center 5975 topaz … · license # nv-bs.23886. for sale ffi...
TRANSCRIPT
F OR S A L E – LON G E V I T Y I N D O OR S P ORT S C E N T E R
L A S V E G A S , N E VA DA 8 9 1 2 0
5975 TOPAZ STREET
±79,254 SF 100% AIR CONDITIONED WAREHOUSE
L A S V E G A S S T R I P
PRICE REDUCED!
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
• ±79,254 SF free-standing two-story building on ±2.74 Acres
• ±72,800 SF on the first floor with ±6,454 SF of finished office space on second level
• Additional ±3,390 SF of open observation mezzanine space not included in total square footage
• 800 amps of 277/480v, 3-phase power
• M-D (Light Industrial) masterplanned zoning
• Four(4) 12’x12’ grade level truck roll-up doors
• LED lighting and commercial grade ceiling fans
• 67 parking spaces (102 spaces with leased lot)
• Steel frame construction
• Elevator service to 2nd floor
• ±30’ minimum to ±50’ maximum interior clearance
• Multi-stall restrooms with lockers
• Indoor soccer fields and one (1) tennis court
• Fully fire sprinklered
• Natural Gas Service
• Built in 2007
• APN: 162-36-202-028
• ASKING: $7,770,000 ($98.04/SF)
Property Details
UPRR
SOUTHERNHILLS HOSPITAL
SOUTHERNHILLS HOSPITAL
ST. ROSESAN MARTIN
HOSPITAL
ST. ROSESAN MARTIN
HOSPITAL
SPRINGVALLEY
HOSPITAL
SPRINGVALLEY
HOSPITAL
RED
RO
CK
NA
TIO
NA
LCO
NSE
RVA
TIO
N A
REA
CCSNCHARLESTON
CAMPUS
CCSNCHARLESTON
CAMPUS
UNIVERSITYMEDICAL CENTER
UNIVERSITYMEDICAL CENTER
CCSNCHEYENNE
CAMPUS
CCSNCHEYENNE
CAMPUS
DESERTSPRINGS
HOSPITAL
DESERTSPRINGS
HOSPITAL
ST. ROSEDOMINICAN HOSPITAL
SIENA CAMPUS
ST. ROSEDOMINICAN HOSPITAL
SIENA CAMPUS
ST. ROSEDOMINICAN
HOSPITAL
ST. ROSEDOMINICAN
HOSPITAL
CCSNHENDERSON CAMPUS
CCSNHENDERSON CAMPUS
15
15
15
15
15
93
93
93
95
93
95
95
95
93
93
93
95
95
95
215
215
215
215
215
515
515
515
502
593
564
582
160
604
604
604
589
159
599
574
573
147147
147
147
595
595 607
607
146
582
612
157
15
GRAND TETON DRIVE
ELKHORN ROAD
LOSSE ROAD
W CENTENNIAL PARKWAY
ANN ROADW ANN ROAD
SIMMONS STREET
N DECATUR BLVD
CRAIG ROAD
E DESERT INN ROAD
W CHARLESTON BLVD E CHARLESTON BLVD
W SAHARA AVE
W DESERT INN ROAD
FLAMINGO ROAD FLAMINGO ROAD
BUFFALO DRIVE
S RAINBOW BLVD
S DURANGO DRIVE
FORT APACHE ROAD
TROPICANA AVENUE TROPICANA AVENUE
BOULDER HWY
STEWART AVENUE
E BONANZA ROAD
E OWENS AVENUE
W LONE MOUNTAIN ROAD
N JONES BLVD
W ALEXANDER ROAD
W CHEYENNE AVENUE
S DECATUR BLVDN DECATUR BLVD
N JONES BLVD
E SAHARA AVE
S PECOS ROAD
S EASTERN AVENUE
BLUE DIAMOND ROAD
W WARM SPRINGS ROAD
S RAINBOW BLVD
GOMER ROAD
S JONES BLVD
W SUNSET ROAD
W RUSSELL ROAD
VALLEY VIEW ROAD
VALLEY VIEW ROAD
N RANCHO DR
SOUTH LAS VEGAS BLVD
BERMUDA RD
MARTIN LUTHER KING JR BLVD
N 5TH STREET
N LAS V
EGAS B
LVD
N EASTERN AVE
W WASHINGTON DRIVE
E LAKE MEAD BLVD
W LAKE MEAD BLVD
TOWN CENTER DRIVE
W HORIZ
ON RIDGE PKWY
N STEPHANIE STREET
LAMB BLVD
NELLIS BLVD
HUALAPAI WAY
RACETRACK ROAD
COLLEGE DR
EQUESTRIAN DR
E PARADISE HILLS DR
RICHARDSON DRIVE
BURKHOLDER BLVD
GREEN VALLEY PARKWAY
MARYLAND PARKWAY
E RUSSELL ROAD
WARM SPRINGS ROAD
MARYLAND PARKWAY
ALTA DRIVE
VEGAS DRIVE
SMOKE RANCH ROAD
PECOS ROAD
S HOLLYWOOD BLVD
N DURANGO DRIVE
CAMINO AL NORTE
WINDMILL LN
UNION PACIFIC RR
KYLE CANYO
N RD
S BUFFALO DRIVE
E WASHINGTON AVE
N HOLLYWOOD BLVD
N LOS FELIIZ ST
VEGAS VALLEY DRIVE
FREMONT ST
S SANDHILL ROAD
E SUNSET ROAD
E SUNSET ROAD
WINDMILL LANE
DEAN MARTIN DR
W SILVERADO RANCH BLVD
W CACTUS AVE
SOUTHERN HIGHLANDS PARKWAY
SHINNECOCK HILLS AVE
MOUNTAINS EDGE PKWY
W CACTUS AVE
S FORT APACHE RD
W WIGWAM AVE
VOLUNTEER BLVD
ANTHEM PARKWAY
SEVEN HILLS DR
AMERICAN PACIFIC DR
EASTGATE RD
BROADBENT BLVD
MISSION DR
GREENWAY RD
W PACIFIC AVE
S WATER STE VAN WAGENEN ST
FOOTHILLS DR
APPALOOSA RD
S MAGIC WAY
CENTER ST
PABCO ROAD
N ARROYO GRANDE BLVD
VALLE VERDE DR
E PEBBLE ROAD
SPRING MOUNTAIN RD
PARADISE RD
E ST LOUIS AVE
N BRUCE ST
E EVANS AVE
BELMONT ST
E CAREY AVE
S LAMB BLVD
N PECOS ROAD
WASHBURN RD
N TENAYA WAY
SEVERENCE LANE
DEER SPRINGS WAY
CLIFF SHADOWS DRIVE
DESERT FOOTHILLS DR
W ARBY AVE
PAIUTE
WAY
HACIENDA AVE
St Rose
Parkw
ay
UNION
PACIFIC
RR
E LAKE MEAD PA
RKWAY
WESTCLIFF DRIVE
N RAINBOW BLVD
LAKE LAS VEGAS PKWY
SUMMERLIN PARKWAYIND
USTRIAL
ROA
D
BUFFALO DRIVE
CRAIG ROAD
E CHEYENNE AVENUE
E LAKE MEAD BLVD
LOSEE
RD.
“THE
STRIP
”
GIBSON Rd.
BUFFALO DRIVE
NELLIS AFB
NORTH LAS VEGASAIRPORT
MC CARRANINT’L AIRPORT
LAKELAS VEGAS
LOSPRADOS
SOUTHERNHIGHLANDS
SUNSETPARK
LAS VEGASMUNICIPAL
SPANISH TRAIL
RHODESRANCH
NEVADATRAILS
CORONADORANCH
DURANGOHILLS
HENDERSON EXECUTIVEAIRPORT
LAS VEGAS
EASTLAS VEGAS
GREENVALLEY
SUMMERLIN
HENDERSON
NORTHLAS VEGAS
SILVERADORANCH
DEL WEBB’SANTHEM
SOUTHFORK
SUNRIDGE WESTCANYON
DEL WEBBSUN CITY MACDONALD RANCH
RAILROADPASS
MACDONALDHIGHLANDS
WHITNEYRANCH
UNLV
BOULEVARDMALL
SPRINGVALLEY
SUNRISECOLONY
THE LAKES
PECCOLERANCH
SUN CITY LAS VEGASDESERTSHORES
RANCHOALTA MIRA
RANCHODEL NORTE
EL DORADO
PARK HIGHLANDS
IRONMOUNTAIN
RANCH
PROVIDENCE
SILVERSTONE
LAS VEGASMOTOR SPEEDWAY
APEX INDUSTRIAL PARK
LAS VEGASPAIUTE GOLF RESORT
MOUNTAIN’SEDGE
ALIANTE
SHADOWCREEK
SUNRISEVISTA
DESERT PINES
DESERTROSE
ROYALLINKS
STALLIONMOUNTAIN
REFLECTIONBAY
THEFALLS
TUSCANY
BLACKMOUNTAIN
DRAGON RIDGEDRAGON RIDGE
ANTHEM
REVERE
RIO SECCO
WILDHORSE
LEGACY
BALIHAI
WYNN
LAS VEGASCC
PAINTED DESERT
EAGLECREST
TPC ATCANYONS
TPC ATSUMMERLIN
HIGHLANDFALLS
PALMVALLEY
REDROCK
BADLANDS
BEAR’SBEST
ANGELPARK
CANYONGATE
SIENA
INSPIRADA
KYLECANYONGATEWAY
SPRINGMOUNTAIN
RANCH
ELKHORNSPRINGS
SEVEN HILLS
TOWNSQUARE
NELLIS AFB
SUBJECT
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
THE OFFERINGColliers International is pleased to offer for sale the Longevity Indoor Sports Center, which is one of the largest, indoor recreational facilities in Southern Nevada. Located just north of Sunset Road, a major east/west arterial of Las Vegas and east of McCarran International Airport, the 6th busiest airport in North America, the Center offers a convenient, central city location for business and customers. The facility is currently owner occupied by Longevity Sports Center (www.longevitysportscenter.com), who will vacate upon sale.
LOCATION The Property is located in the Airport Industrial Sub-Market of Las Vegas, which includes 15.2 million square feet of industrial space and is the third largest industrial sub-market in Las Vegas. The Airport Sub-Market commands the highest weighted average industrial rents in the city at $0.98 NNN, vs. $0.64 NNN for the total Las Vegas Market, because of its central location. The Property is one mile from McCarran Airport and approximately four miles from the I-15 Freeway, Las Vegas ‘Strip’ and UNLV. Access for customers and employees by interstate, air and public transportation is excellent and there are numerous dining, shopping and services nearby.
PROPERTY SUMMARY±79,254 SF, free standing steel building with 30’ minimum to 40’ maximum interior clearance and 100% air-conditioned space. Square footage includes ±6,454 SF of second floor office. The Property is master-planned industrial, with a Special Use Permit for Recreational uses, which will transfer to the new owner. The Owner currently leases an adjacent 0.55 acre parcel for additional parking, at a cost of $500 per month. That lease expires in 2023 and includes a Right of First Refusal to Purchase.
LOW COST The estimated replacement cost for the Property, including land, construction and indirect costs, is approximately $10.5 million. Additionally, Las Vegas has very competitive energy rates of approximately $0.08 per kilowatt hour, versus approximately $0.14 for California and $0.10 average electricity cost nationwide.
HISTORY The Property was developed in 2007 by a local cardiologist as an indoor Tennis Facility for his son. He sold the facility a year later to a New York hedge fund and the current owner acquired the Property in 2011. The current owner’s son is an ATP World Tour Professional Tennis player, ranked 417 in the world. After acquiring the Property, the seller invested more than $1.5 million in upgrades and interior improvements.
USE PERMIT The Property was granted a Special Use Permit (UC-1544-04) in 2004 by Clark County for a recreational tennis facility. Additional approved uses include soccer, Lacrosse, Basketball, Dodgeball, Volleyball, Football, Baseball, Trampoline/Bounce House, Weightlifting/Fitness, Stationary Cycling, Crossfit, Aerobics, Yoga, Dancing, Zumba, Tai Chi and Martial Arts. The total occupant load is rated at 290 people. The surrounding area is transitioning from residential to industrial uses and the Department of Aviation has purchased most of the adjacent vacant land and demolished the homes that were existing and placed Deed Restrictions preventing any residential uses in the future.
EXECUTIVE SUMMARY
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 78 , 8 6 0 S F F R E E S TA N DI N G I N D U S T R I A L B U I L DI N G
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
15
215
RUSSELL ROAD
MCCARRAN AIRPORT CONNECTOR
SUNSET ROAD
MCCARRAN INTERNATIONAL
AIRPORT
LASVEGAS“STRIP”
LAS
VEGA
S BO
ULEV
ARD
EAST
ERN
AVEN
UE
MAR
YLAN
D PA
RKW
AY
TOWN SQUARE
LAS VEGAS PREMIUM OUTLET SOUTH
N
MCCARRANAIRPORT
CAR RENTAL FACILITY
Copyright © 2018 Colliers International.
Copyright © 2018 Colliers International.
Copyright © 2018 Colliers International.
Copyright © 2018 Colliers International.
Copyright © 2018 Colliers International.
Copyright © 2018 Colliers International.
215 Beltway......................... 2.00 milesThe Las Vegas Strip............. 4.00 milesMcCarran Inter’l Airport....... 1.00 milesThe US Post Office............... 2.00 miles
DISTANCES TO:
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
FIRST FLOOR±280’
GL DOOR
ELEVATOR
GL DOOR
GL DOOR
GL DOOR
±260
’
N
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
SECOND FLOOR±280’
±260
’
N
ELEVATOR
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
2585 E. OQUENDO ROAD ±0.55 acres
APN: 162-36-202-004
SUBJECT 5975 Topaz Street
±79,254 SF
GL DOOR
GL DOOR
GL DOOR
GL DOOR
±280’
±260
’N
Las Vegas, Nevada, home to 2.2 million people, has become a popular place to start-up, expand or relocate a business, due to its strategic location in the southwest United States, its right-to-work legislation and its light tax burden. Nevada does not have any personal or corporate income tax, franchise tax on income, inheritance or gift tax, admissions tax, unitary tax or estate tax. It also has competitive sales and property tax rates and minimal employer payroll tax rates. Las Vegas boasts first-in-class fiber optic data connections, making it a national data hub. Compared to other metro regions, median industrial, office and residential rents are at or below the national average, making Las Vegas a favored region for new business start-ups and growing operations. Other local benefits include:
CHEAP LABORMany companies are moving their operations to Las Vegas due to the abundance of qualified labor and low hourly wages. The current average hourly wage of $19.90 is 11% below the national average.
LIFESTYLE AMENITIESThe Las Vegas Strip is home to some of the best entertainment, dining and shopping in the world. With multiple athletic teams, including the NHL Golden Knights, The NFL Las Vegas Raiders, as well as new professional soccer and WNBA teams, Las Vegas is also poised to become an epicenter for athletic events. The surrounding valley also offers many other attractions such as hiking at the Red Rock National Conservation Area, skiing at Mt. Charleston, boating at the Lake Mead National Recreation Area or watching a Broadway play at the Smith Center for Performing Arts. Las Vegas has over 25 golf courses and features two of the top courses in the United States, Shadow Creek and The Wynn. The Las Vegas Motor Speedway is home to several NASCAR races every year.
GAMING CAPITAL OF THE WORLDLas Vegas remains the gaming mecca of the world and to be a gaming operator, is a fundamental location. Due to an acceleration in population growth in recent years, the economy has substantially diversified from its gaming roots – although visitors spend more today on gambling than in recent years, the remainder of the budget is well distributed across entertainment, food, sight-seeing and shopping. The leading industry has become tourism, not gaming, as visitors now spend more on rooms, restaurants, goods and services.
RAIDERS STADIUMThe new Las Vegas Raiders $1.9 billion, 65,000-seat Stadium is under construction and scheduled to be open by the 2020 NFL Season. The Raiders Stadium will be located on a 62-acre site on Russell Road, west of I-15 and Mandalay Bay Resort and Casino on the South end of Las Vegas “Strip.” Close to McCarran International Airport and adjacent to the I-15 Freeway, the stadium will offer a glass-domed roof, state-of-the-art retractable doors and a natural-grass playing field. These features will provide fans with an outdoor feel including stunning views and a comfortable climate.
INEXPENSIVE HOUSINGLas Vegas offers some of the most affordable housing in the western United States, with a median home value of $246,700, which is well below the western US average list price of $360,490. Recently, Trulia.com ranked Las Vegas as the No. 1 most undervalued real estate market in the country.
TOURISMThe Las Vegas and Convention and Visitors Authority reported the number of visitors for 2016 topped 43 million. 2016 brought in 900,000 more visitors than our 2015 total of 42 million. There are nearly 44,000 cars per day crossing the California-Nevada state line, with another 4 million people annually entering via airlines.
CONVENTIONSLas Vegas conventions are the “fuel” supporting business tourism growth. In 2015, 5.7 million people attended 22,100 conventions and meetings in Las Vegas. Although Las Vegas has more than 11 million square feet of combined meeting spaces and more than 150,000 motel and hotel rooms, our convention economy is poised for even more dramatic growth, especially since Mandalay Bay completed its 2-million square foot convention expansion and the $375 million T-Mobile Arena opening in 2016. In early 2017, the Aria Hotel added an additional 200,000 square feet of flexible meeting space at the cost of $154 million. In the years to come, the LVCVA’s Convention Center’s $9 billion master plan will yield an entire “convention city,” leading to exponential convention growth opportunities.
MARKET OVERVIEW
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
COLLIERS INTERNATIONAL 3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
MIKE WILLMORE +1 702 836 3748 [email protected] License # NV-S.0183520
ALEX STANISIC +1 702 836 3742 [email protected] # NV-S.0179950
DEAN WILLMORE, +1 702 836 3763 [email protected] # NV-BS.23886
F OR S A L E – ± 79 , 2 5 4 S F WA R E H O U S E A N D S P ORT S C E N T E R
5975 TOPAZ STREETL A S V E G A S , N E VA DA 8 9 1 2 0
BUSINESS INCENTIVESNevada offers incentives to qualifying businesses which relocate to, or expand in Southern Nevada. The State can offer, with the assistance of the Las Vegas Global Economic Alliance (www.lvgea.org):
TAX INCENTIVESNevada’s tax climate is among the most attractive in the Country. There are a number of taxes common to many of the 50 States which are not imposed in Nevada, including:
NEVADA INCENTIVES
• Sales and Use Tax Abatement that can reduce the
rate to 2 percent
• Modified Business (Payroll) Tax Abatement of up to
50 percent of the 1.17 percent rate for four (4) years
• Personal Property Tax Abatement of 50 percent for
up to Ten (10) years
• Real Estate Tax Abatement for recycling of up to
50 percent for Ten (10) years
• Aircraft and Aviation partial Tax Abatement for
sales and use tax and personal property tax for up
to Twenty (20) years
• Data Center partial Tax Abatement for sales and use
personal property tax for up to Twenty (20) years
• A Variety of Training Grants for advancing your
workforce, including the Train Employees
Now (TEN) program and the Silver State Works
Employee Hiring Incentive
• No Personal Income Taxes
• No Corporate Income Taxes
• No Sales Tax on Food Items for home use,
medicine or services
• No Inheritance or Estate Taxes
• No Gift, Franchise or Unitary Taxes
• No Inventory Taxes
• No Admissions or Special Intangible Taxes
• No Chain Store or Bank Share Taxes
• No Bank Excise Taxes