new class a condo units for sale tarkanian medical ...€¦ · new class a office condo site. this...
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10845 Griffith Peak Drive, Suite 100Las Vegas, NV 89135O 702.472.7979 F 702.475.7545
The information contained herein was obtained from sources deemed reliable; however, Avison Young makes no guarantees or representations as to the accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal of notice.
For more information, please contact:
BARTON HYDED 702.475.7546 [email protected]
AARON DRAWHORND [email protected]
The information contained herein was obtained from sources deemed reliable; however, Avison Young makes no guarantees or representations as to the accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal of notice.
For more information, please contact:
NEW CLASS A CONDO UNITS | FOR SALE TARKANIAN MEDICAL & PROFESSIONAL CENTER
BARTON HYDED 702.475.7546
[email protected] Lic #: S.0041080
10845 Griffith Peak Drive, Suite 100Las Vegas, NV 89135O 702.472.7979 F 702.475.7545
The information contained herein was obtained from sources deemed reliable; however, Avison Young makes no guarantees or representations as to the accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal of notice.
For more information, please contact:
BARTON HYDED 702.475.7546 [email protected]
AARON DRAWHORND [email protected]
7220 CIMARRON ST.
DIGNITY HEALTHST ROSE DOMINICAN
HOSPITALSAN MARTIN CAMPUS
New Class AOffice Condo Site
This is a rare opportunity to own your medical or professional space in a highly-desirable location and directly across from a major hospital.
Southwest Las Vegas is one of the fastest-growing areas in all of the Greater Las Vegas Valley with recent additions to office and industrial
developments along the 215 Beltway.
The property is located at the corner of Cimarron Rd. and Arby Ave., across the street from Dignity St. Rose Dominican Hospital, San Martín
campus, with excellent access to the 215 Beltway via Durango Dr. and Buffalo Rd. The area provides great access to business services, bus
lines, hospital, restaurants, shopping and many lifestyle amenities. The tenant mix in the immediate surrounding office buildings is made
up mostly medical and healthcare ancillary services.
Tarkanian Medical & Professional Center is a 75,000 square foot, 3-story office building
in the rapidly-growing 215 Beltway corridor in the Southwest region of Las Vegas.
Class A medical and professional office building
Suites available from 2,000 sf to 25,000 sf
Abundant 5:1,000 parking
Attractive modern common areas
Customer-friendly access and seating
3-story building with 25,000 sf floorplate
Covered parking available
Occupancy late 2021
Mountain and city views
Minutes from Summerlin and Henderson and
McCarran International Airport via 215 Beltway
PROPERTY HIGHLIGHTS
75,000 sf 3-story office building
Close to shops and restaurants
Close to hospitalsand medical and healthcare
practice buildings
Excellent access to freeway
25,000 sf typical floorplate
Modern interior design
Own vs Lease
Why rent, when you can own for less?
OWNERSHIP OCCUPANCY COST
3,000 SF 5,000 SF
Condo Shell Cost $600,000.00 $1,000,000.00
Interior Improvement Cost @ $70 psf $210,000.00 $350,000.00
Total Cost $810,000.00 $1,350,000.00
$270 psf $270 psf
Down Payment @ 10% $81,000.00 $135,000.00
Loan Amount @ 80% $729,000.00 $1,215,000.00
Bank Fees (est.) $7,000.00 $12,000.00
Appraisal Cost (est.) $5,000.00 $5,000.00
Total Loan Amount $741,000.00 $1,232,000.00
Monthly Payment (est.) $4,300.00 $7,100.00
(20yr loan @ 3.5%) ($1.43 psf) ($1.42 psf)
Monthly Assoc. Cost (est.) $1,350.00 $2,250.00
($.45 psf / CAM)
Total Monthly Cost $5,650.00 $9,350.00
($1.88 psf) ($1.87 psf)
Less Depreciation
(est. $.50 psf) $1,500.00 $2,500.00
Total Adjusted Monthly Cost PSF $1.38 $1.37
(Per Month) $4,140.00 $6,850.00
(Per Year) $49,800.00 $82,200.00
LEASING OCCUPANCY COST
3,000 SF 5,000 SF
Average Monthly Leasing Cost @ $1.85 psf
(3% annual rent increases)
Year 1 $5,500.00 $9,250.00
Year 2 $5,665.00 $9,528.00
Year 3 $5,835.00 $9,813.00
Year 4 $6,010.00 $10,108.00
Year 5 $6,190.00 $10,411.00
Average Monthly CAM Costs @ $0.45 psf
Year 1 $1,350.00 $2,250.00
Year 2 $1,350.00 $2,250.00
Year 3 $1,350.00 $2,250.00
Year 4 $1,350.00 $2,250.00
Year 5 $1,350.00 $2,250.00
Total Est. Monthly Occupancy Cost
$6,850.00 $11,500.00
$7,015.00 $11,778.00
$7,185.00 $12,063.00
$7,360.00 $12,358.00
$7,540.00 $12,661.00
Total Monthly Occupancy Cost PSF $2.40 $2.41
(Per Month) $7,190.00 $12,072.00
(Per Year) $86,280.00 $144,864.00
75,000 SF3 story
75,000 sf
3 stories
25,000 sf typical floor
ADA accessible rest rooms and hallways
Large elevator cabs
Customer-friendly parking and access
Efficient floor plans with abundant windows for natural light
First Floor
25,000 sf
$230 - $250 psf
Design build your own custom space
Second Floor
25,000 sf
$230 - $250 psf
Energy-efficient lighting and utilities
Third Floor
25,000 sf
$230 - $250 psf
Customer-friendly common areas
10845 Griffith Peak Drive, Suite 100Las Vegas, NV 89135O 702.472.7979 F 702.475.7545
The information contained herein was obtained from sources deemed reliable; however, Avison Young makes no guarantees or representations as to the accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal of notice.
For more information, please contact:
BARTON HYDED 702.475.7546 [email protected]
AARON DRAWHORND [email protected]
Existing and Proposed Future Projects
Medical
1 Southern Hills Hospital
2 St. Rose Dominican Hospital, San Martín
3 Spring Valley Hospital
4 Kindred Care Rehabilitation
Office
5 Credit One Bank
6 UNLV Harry Reid Technology Park
Retail
7 The Bend
8 Ikea
9 Arroyo Marketplace
Mixed Use
10 The Gramercy
11 Uncommons
12 Future Lifetime Fitness
13 Evora - 40 acre mixed use project
Hotel/Casino
14 Future Hotel
15 Future Stations Casino
Residential
16 Calida Group 380 Apartments
17 Picerne 250 Apartments
10845 Griffith Peak Drive, Suite 100Las Vegas, NV 89135O 702.472.7979 F 702.475.7545
The information contained herein was obtained from sources deemed reliable; however, Avison Young makes no guarantees or representations as to the accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal of notice.
For more information, please contact:
BARTON HYDED 702.475.7546 [email protected]
AARON DRAWHORND [email protected]
SUBJECT
Dignity St. Rose Dominican Hospital/
San Martín
SUBJECT
Hospitals in the Las Vegas Valley
10845 Griffith Peak Drive, Suite 100Las Vegas, NV 89135O 702.472.7979 F 702.475.7545
The information contained herein was obtained from sources deemed reliable; however, Avison Young makes no guarantees or representations as to the accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal of notice.
For more information, please contact:
BARTON HYDED 702.475.7546 [email protected]
AARON DRAWHORND [email protected]
The Nevada Advantage
Consistently one of the top 10 most business-
friendly states
No corporate income tax. No personal income
tax. No franchise tax on income. No inventory
tax. No inheritance or gift tax. No estate tax.
Low-cost startup, regulatory, licensing and
annual fees.
Less than one-day’s drive to 60 million
customers and five major U.S. ports serving the
Pacific Rim.
Competitive utility rates for commercial
operations.
More than 56 million people visit Nevada each
year.
An abundance of economical commercial real
estate.
Las Vegas McCarran Airport is in the top 10 of
U.S. airports. Reno-Tahoe Airport is an LAX and
SFO alternative.
Source: Nevada Governor’s Office of Economic Development