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MISSION LINEN BUILDING1001 SOUTH 1ST STREETLAS VEGAS, NEVADA 89101

JEFF MITCHELL, [email protected] 702.374.0211View Profile


ANDREW [email protected] 702.374.0220View Profile


MICHAEL [email protected] 702.235.7300View Profile


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https://www.mtnwest.com/our-team/afehrman/

2241 West Charleston Boulevard, Suite 103 l Las Vegas, Nevada 89102 l Office 702.374.0220 l www.mtnwest.com

MISSION LINEN BUILDING

MISSION LINEN BUILDING1001 SOUTH 1ST STREETLAS VEGAS, NEVADA 89101

PREPARED BY







https://www.mtnwest.com/our-team/afehrman/



Unique Architectural Landmark In part because of its height, but also because of its architectural uniqueness, The Mission Linen Building stands as the most recognizable building in downtown south. This property allows for redevelopment of a high-end use with a creative, open floor plan while maintaining the upcycled modern-industrial design language that can only come from a converted WWII era warehouse (high ceilings and exposed trusses).

Las Vegas Arts District From a small collective of artists, the Arts District has risen to become Southern Nevada’s cultural core. It’s upward trajectory continues unabated with the near monthly opening of a restaurant, brewery, gallery or retail shop. Low-rise residential projects now in the works seek to meet pent up demand for housing in the area from those who want to begin and end their day in the region’s developing 24-hour, live/work, urban neighborhood. The City of Las Vegas seeks to sustain this revitalization within the Arts District through cooperation with qualified tenants at catalyst projects.

PROPERTY INFORMATION

LEASE RATE$1.25 (As-is)

$2.25 (Tenant Allowance)

TOTAL GLA (SF)30,226

21,226 SF First Floor9,000 SF Second Floor

TOTAL SIZE (ACRES) 1.13

APN 139-34-401-011

CLEAR HEIGHT (1ST FLOOR)

Up to 20’

CLEAR HEIGHT (2ND FLOOR)

Up to 12’

PARKING67 Dedicated Spaces, On Street ParkingFuture City Parking Garage in Plan Phase

ZONING General Commercial (C-2)

OPPORTUNITY HIGHLIGHTS



4

RENDERINGS

LOBBY 1st STREET FACADE

1st FLOOR NORTH WING



UP

UPUP

21,000 SF +/-149'

- 3"

141' - 4"

tel. 702.598.1723mail@jawastudio com

107 E. Charleston Suite 250Las Vegas NV 89104

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Mission LinenOffice Conversion

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NORTH

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tel. 702.598.1723mail@jawastudio com

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NORTH

SITE PLANS

FIRST FLOOR SECOND FLOOR

21,226 SF

±9,000 SF



Imagery ©2018 , DigitalGlobe, U.S. Geological Survey, USDA Farm Service Agency

CHARLESTON BOULEVARD & RANCHO DRIVELAS VEGAS, NEVADA

376 East 400 South, Suite 120 l Salt Lake City, Utah 84111Offi ce 801.456.8800 l Fax 801.578.5500 l www.mtnwest.com

The above information while not guaranteed has been secured from sources deemed reliableMap Data and/or Imagery Courtesy of Google, Nevada DOT (2016)

0 0.2 0.4Mi les

36,000 cars/day

276,

000

cars

/day

29,000 cars/day

12,000 cars/day

23,000 cars/day

Charleston BoulevardM

.L.K. B

oulevard

Shadow Lane

Rancho D

rive

Alta Drive

15

36,000 cars/day Charleston Boulevard

Las

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ard

276,

000

cars

/day

1,350 Employees

1,000 Employees

34,000 cars/day

Tacos HuevosBlue Sky Yoga

The Arts Factory

Clark CountyGovernment Center

Casa Don Juan

JUHLCONDOS

El SombreroMexican Bistro

FederalCourthouse

Clark County CourthouseLas Vegas Municipal Courts

(Coming Soon)

LAS VEGAS NORTHPREMIUM OUTLETS

TRADE AREA MAP



DOWNTOWN

Connected to Downtown The Mission Linen Building is located conveniently at the southernmost stop of the free Loop Shuttle that services all major downtown Las Vegas activity nodes throughout the day.

Drive-time Center of Town Mission Linen stands at the center of Las Vegas with I-15 and I-95 pumping traffic from all corners of the Valley. Moreover, the property is sandwiched by the region’s largest employment & tourism nodes: The Strip, Fremont, Downtown Legal District & Medical District.

Drive time to Las Vegas Strip: 10 minutesDowntown Resort Corridor/Fremont: 5 minutesLegal District (Courts/Govt. Offices): 2 minutesMedical District: 5 minutesMcCarran International Airport: 17 minutesRaiders Stadium: 12 minutesSummerlin: 19 minutesGreen Valley: 20 minutes



PROJECTS FUELING LAS VEGAS GROWTH

Las Vegas StadiumLas Vegas Stadium is the working name for a domed stadium under construction in Paradise, Nevada for the Las Vegas Raiders of the National Football League (NFL) and the UNLV Rebels football team of the University of Nevada, Las Vegas (UNLV). It is located on about 62 acres west of Mandalay Bay at Russell Road and Hacienda Avenue and between Polaris Avenue and Dean Martin Drive, just west of Interstate 15. Construction of the $1.8 billion stadium began in September 2017 and is expected to be completed in time for the 2020 NFL season.

Wynn Paradise ParkSteve Wynn announced in April 2016 the development of a new $1.5 billion expansion project, currently called Wynn Paradise Park, which will include an additional hotel property holding 1,000 rooms and a which will include water skiing and other water sport activities. A 4,000 foot (1,200 m) boardwalk is anticipated to surround the 1,500 foot (460 m)-foot-long lagoon, along with white sand beaches, bars, and other food service. Waterfront convention and meeting space will be available for business uses. Other features are expected to draw additional traffic to the hotels. Fireworks shows are anticipated at night. Construction is expected to start in late 2017 or early 2018 for completion in 2019. Steve Wynn called the “Disney-style” attraction the “most fun project in my 45 years.” The project is expected to improve conservation and reduce water usage of the property by replacing the irrigated golf course.




Resorts World Las VegasResorts World Las Vegas is a casino and resort currently under construction on the Las Vegas Strip in Clark County Nevada, planned to open in 2020. It is owned and operated by Genting Group. The estimated cost is about US$ 7.2 billion.

The $7.2 billion project will include:• 4 hotel towers with a total of 6,583

hotel rooms[11]• 175,000-square-foot (16,300 m2) casino• 4,000-seat theater• Retail, dining and convention space• Rooftop sky park and observation deck• Aquarium

• Movie theater• Ice skating rink• Bowling alley• Indoor water park• Panda exhibit• 21,847,314-square-foot (2,029,681.9 m2)

total area at completion

UNLV School of MedicineUniversity of Nevada, Las Vegas (UNLV) School of Medicine, is an academic division of the University of Nevada, Las Vegas (UNLV) with 60 students matriculated on July 17, 2017. The students began their education with a 6 week EMT course. The school is the first to grant the Doctor of Medicine (MD) degree in Southern Nevada. The school uses facilities in the University Medical Center of Southern Nevada (UMCSN) clinical building at the Las Vegas Medical District.




Interstate 11Construction of the first 15 miles of Interstate 11, which will link Las Vegas to Phoenix and could eventually stretch from Mexico to Canada, is making progress.

The Nevada Department of Transportation is in charge of the 2.5-mile phase one, while the Regional Transportation Commission is heading the 12.5-mile phase two. Both phases have been under construction since 2015 and are expected to be completed by 2018.

The first phase of the $318 million Interstate 11 project is about 60 percent complete, according to the Nevada Department of Transportation.

Convention CenterThe $1.4 billion Las Vegas Convention Center expansion and improvement project authorized in a special session of the Nevada Legislature in October took a big step forward Tuesday.

The Las Vegas Convention and Visitors Authority board of directors approved the second phase of the project by unanimously authorizing an eight-month $1.28 million contract extension with its builder representative, Cordell Corp., to begin the process of designing a 600,000-square-foot exhibit hall.

mission linen - images3.loopnet.com · mission linen building 1001 south 1st street las vegas,...

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