sale price: $4,000,000.00 nnn investment property for … · 4500 s carson street carson city, nv...

4500 S CARSON STREET CARSON CITY, NV 89701

CARSON TAHOE QUAIL PARK

CONFIDENTIAL OFFERING MEMORANDUM

THE RIBEIRO COMPANIES HAVE SPECIALIZED IN COMMERCIAL PROPERTIES FOR OVER 50 YEARS.

2% OUTSIDE SALE FEE

EXCLUSIVELY LISTED SALE OPPORTUNITY

EDWARD G. YUILL B.0018931.LLC

[email protected] │ │CALL US TODAY AT

775.825.7979

This information has been secured from sources we believe to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of

the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2014 The Ribeiro Compa-

nies www.ribeirocorp.com

OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM

6490 S. McCarran Blvd., Bldg. E

Reno, NV 89509

www.r ib e i ro c or p .c o m

SALE PRICE: $4,000,000.00

NNN INVESTMENT PROPERTY FOR SALE

Design/Development: Johnny A. Ribeiro

Project Mgt./Brokerage: Edward G. Yuill


2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM

4500 S CARSON STREET ● CARSON CITY, NV 89701



PROPERTY INFORMATION

Address 4500 S. Carson St Carson City, NV 89706

Total Land Acreage .180 Acres

Total Building Size 7,800 SF

Year Built 2008

LEASING

Lease Type NNN

Lease Term 120 Months (102 Months Remaining)

NOI $234,000

SALE PRICING

Price $4,000,000

Cap Rate 6.25%

• Single NNN Tenant - Frese-

nius Medical Care, Liberty

Dialysis

• 24,000 Traffic Count

• Near I-580 and Hwy 50

Interchanges

• Food and Services

Available Nearby

• Assumable loan ($1,617,000)

1% fee, current rate 4.75%

• NNN Lease expires

1/31/2029—see rent schedule

for increases

• Located in Carson Tahoe

Quail Park Maintenance

Association


2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM




FRESENIUS MEDICAL CARE LIBERTY DIALYSIS

LEASE ABSTRACT

TENANT Fresenius Medical Care Liberty Dialysis Carson City

TERM 10 Year (8 Year 6 Mo. Remaining)

OPTIONS Three 5 Year Options

CONCESSIONS One Half Month Abatement Jan-2022, Jan-2024, Jan-2026 & Jan-2029

BUILDING SIZE (SF) 7800

LAND ACREAGE .180

YEAR BUILT 2008

RENT COMMENCEMENT DATE 2/1/2019

PERMITTED USE Kidney & Related Medical Care

REAL ESTATE TAXES Tenant responsibility

CAM Tenant responsibility

INSURANCE Tenant responsibility

ASSIGNMENT & SUBLETTING Tenant shall not assign this lease or sublet the Premises, without the written consent of Landlord.

FRESENIUS MEDICAL CARE LIBERTY DIALYSIS

RENT SCHEDULE

Lease Months Annual Base

Rent Monthly Base

Rent

2/1/2020 - 1/31/21 $234,000.00 $19,500.00

2/1/2021 - 1/31/22 $234,000.00 $19,500.00

2/1/2022 - 1/31/23 $238,680.00 $19,890.00

2/1/2023 - 1/31/24 $238,680.00 $19,890.00

2/1/2024 - 1/31/25 $243,453.60 $20,287.80

2/1/2025 - 1/31/26 $243,453.60 $20,287.80

2/1/2026 - 1/31/27 $248,322.72 $20,693.56

2/1/2027 - 1/31/28 $248,322.72 $20,693.56

2/1/2028 - 1/31/29 $253,289.16 $21,107.43

OPTION PERIODS (Calculated at 3% Annual Increase)

(Option also allows for CPI calculated increase)

Lease Months Annual Base

Rent Monthly Base

Rent

2/1/2029 - 1/31/30 $ 260,887.83 $ 21,740.65

2/1/2030 - 1/31/31 $ 268,714.47 $ 22,392.87

2/1/2031 - 1/31/32 $ 276,775.90 $ 23,064.66

2/1/2032 - 1/31/33 $ 285,079.18 $ 23,756.60

2/1/2033 - 1/31/34 $ 293,631.56 $ 24,469.30

2/1/2034 - 1/31/35 $ 302,440.50 $ 25,203.38

2/1/2035 - 1/31/36 $ 311,513.72 $ 25,959.48

2/1/2036 - 1/31/37 $ 320,859.13 $ 26,738.26

2/1/2037 - 1/31/38 $ 330,484.90 $ 27,540.41

2/1/2038 - 1/31/39 $ 340,399.45 $ 28,366.62

2/1/2039 - 1/31/40 $ 350,611.43 $ 29,217.62

2/1/2040 - 1/31/41 $ 361,129.78 $ 30,094.15

2/1/2041 - 1/31/42 $ 371,963.67 $ 30,996.97

2/1/2042 - 1/31/43 $ 383,122.58 $ 31,926.88

2/1/2043 - 1/31/44 $ 394,616.26 $ 32,884.69


2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM




Fresenius Medical Care - Worldwide Market Leader North America is Fresenius Medical Care’s largest market by far. The company operates more than 2,300 of its own dialysis clinics here, and treats more than 180,000 patients.


2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM




Population Carson City United States

Population estimates, July 1, 2019, (V2019) 55,916 328,239,523

Population estimates base, April 1, 2010, (V2019) 55,269 308,758,105

Population, percent change - April 1, 2010 (estimates base) to July 1, 2019, (V2019)

1.2% 6.3%

Population, Census, April 1, 2010 55,274 308,745,538

Age and Sex Carson City United States

Persons under 5 years, percent 5.3% 6.1%

Persons under 18 years, percent 20.6% 22.4%

Persons 65 years and over, percent 19.6% 16.0%

Female persons, percent 48.8% 50.8%

Race and Hispanic Origin Carson City United States

White alone, percent 80.3% 76.6%

Black or African American alone, percent 1.8% 13.4%

American Indian and Alaska Native alone, percent 2.5% 1.3%

Asian alone, percent 2.7% 5.9%

Native Hawaiian and Other Pacific Islander alone, percent

0.1% 0.2%

Two or More Races, percent 2.8% 2.7%

Hispanic or Latino, percent 23.7% 18.3%

White alone, not Hispanic or Latino, percent 67.5% 60.4%

Population Characteristics Carson City United States

Veterans, 2014-2018 4,634 18,611,432

Foreign born persons, percent, 2014-2018 12.2% 13.5%

Housing Carson City United States

Owner-occupied housing unit rate, 2014-2018 55.7% 63.8%

Median value of owner-occupied housing units, 2014-2018 $242,200 $204,900

Median selected monthly owner costs -with a mortgage, 2014-2018 $1,403 $1,558

Median selected monthly owner costs -without a mortgage, 2014-2018 $434 $90

Median gross rent, 2014-2018 $895 $1,023

Families & Living Arrangements Carson City United States

Households, 2014-2018 22,461 119,730,128

Persons per household, 2014-2018 2.33 2.63

Living in same house 1 year ago, percent of persons age 1 year+, 2014-2018 81.3% 85.50%

Language other than English spoken at home, percent of persons age 5 years+, 2014-2018

22% 21.5%

Education Carson City United States

High school graduate or higher, percent of persons age 25 years+, 2014-2018 87.3% 87.7%

Bachelor's degree or higher, percent of persons age 25 years+, 2014-2018 22.3% 31.5%

Health Carson City United States

With a disability, under age 65 years, percent, 2014-2018 18.1% 8.6%

Persons without health insurance, under age 65 years, percent 12.8% 10.%


2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM




Businesses Carson City United States

Total employer establishments, 2017 X 7,860,674

Total employment, 2017 X 128,591,812

Total annual payroll, 2017 ($1,000) X 6,725,346,745

Total employment, percent change, 2016-2017 X 1.5%

Total nonemployer establishments, 2018 X 26,485,532

All firms, 2012 6,630 27,626,360

Men-owned firms, 2012 3,251 14,844,597

Women-owned firms, 2012 1,482 9,878,397

Minority-owned firms, 2012 940 7,952,386

Nonminority-owned firms, 2012 4,619 18,987,918

Veteran-owned firms, 2012 759 2,521,682

Nonveteran-owned firms, 2012 4,590 24,070,685

Economy Carson City United States

In civilian labor force, total, percent of population age 16 years+, 2014-2018 59.9% 62.9%

In civilian labor force, female, percent of population age 16 years+, 2014-2018 56.7% 58.2%

Total accommodation and food services sales, 2012 ($1,000) 133,404 708,138,598

Total health care and social assistance receipts/revenue, 2012 ($1,000) 510,765 2,040,441,203

Total manufacturers shipments, 2012 ($1,000) 634,030 5,696,729,632

Total merchant wholesaler sales, 2012 ($1,000) 276,404 5,208,023,478

Total retail sales, 2012 ($1,000) 918,199 4,219,821,871

Total retail sales per capita, 2012 $16,744 $13,443

Transportation Carson City United States

Mean travel time to work (minutes), workers age 16 years+, 2014-2018 19.2 26.6

Income & Poverty Carson City United States

Median household income (in 2018 dollars), 2014-2018 $52,034 $60,293

Per capita income in past 12 months (in 2018 dollars), 2014-2018 $29,767 $32,621

Persons in poverty, percent 13.70% 11.80%

Geography Carson City United States

Population per square mile, 2010 382.1 87.4

Land area in square miles, 2010 144.66 3,531,905.43

Information Provided by United States Census Bureau


2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM





2% OUTSIDE SALE FEE




775.825.7979




OFFICE HOURS:

Monday-Friday

8:00 AM—5:00 PM


Reno, NV 89509


OFFERING MEMORANDUM




This Offering Memorandum has been prepared by The Ribeiro Companies for use by interested parties to evaluate the potential acquisition of 4500 South Carson Street located in Carson City, Nevada (the “Property”). All projections have been developed by The Ribeiro Companies, Owner and designated sources, are based upon assumptions relating to the general economy, competition, and other factors beyond control of The Ribeiro Companies and Owner, and therefore are subject to variation. No representation is made by The Ribeiro Companies or Owner as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied on as a promise or representation as to the future performance of the Property. Although the information contained herein has been obtained from sources deemed to be reliable and believed to be correct, The Ribeiro Companies, Owner and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, The Ribeiro Companies, Owner and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in, or for omissions from, the Offering Memorandum or any other written or oral communication transmitted or made available to the recipient.

The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property or Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum is solely the responsibility of the prospective purchaser.

Additional information and an opportunity to inspect the property will be made available to interested and qualified prospective investors upon written request. Owner and The Ribeiro Companies each expressly reserve the right, at their sole discretion, to reject any or all expressions of in-terest or offers regarding the property and/or terminate discussions with any entity at any time with or without notice. Owner shall have no legal commitment or obligations to any entity reviewing this Offering Memorandum or making an offer to purchase the property unless and until such offer is approved by Owner, a written agreement for the purchase of the property has been fully executed, delivered and approved by Owner and its legal counsel, and any obligations set by Owner thereunder have been satisfied or waived.

This Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting this Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose this Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make a proposal and from whom you have obtained an agreement of confidentiality) without the prior written authorization of Owner or The Ribeiro Companies and that you will use the information is this Offering Memorandum for the sole purpose of evaluating your interest in the property and you will not use the Offering Memorandum or any to the contents in any fashion or manner detrimental to the interest of Owner or The Ribeiro Companies. If you have no interest in the property, please return the Offering Memorandum to The Ribeiro Companies. © 2019 The Ribeiro Companies All Rights Reserved

sale price: $4,000,000.00 nnn investment property for … · 4500 s carson street carson city, nv...

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