new offering memorandum restaurant / bar - with drive-thru · 2018. 11. 7. ·...

13
KW COMMERCIAL 2230 Corporate Circle, Suite 250 Henderson , NV 89074 KIM K. HENRY Director 0 702.301.4275 [email protected] NV #BS.0144445 HARVEY M. JACOBSON, MBA/CEO O 702.497.2360 [email protected] NV #BS.0027746 Restaurant / Bar - With Drive-thru OFFERING MEMORANDUM PRESENTED BY: HARVEY M. JACOBSON, MBA/CEO - 702-497-2360 - [email protected] - NV #BS.0027746 LAS VEGAS, NV OFFERING MEMORANDUM

Upload: others

Post on 18-Sep-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

KW COMMERCIAL2230 Corporate Circle,Suite 250Henderson , NV 89074

KIM K. HENRYDirector0 [email protected] #BS.0144445

HARVEY M. JACOBSON, MBA/CEO

O [email protected] #BS.0027746

Restaurant / Bar - With Drive-thru

OFFERING MEMORANDUM

PRESENTED BY: HARVEY M. JACOBSON, MBA/CEO - 702-497-2360 - [email protected] - NV#BS.0027746

LAS VEGAS, NV

OFFERING MEMORANDUM

Page 2: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

www.kimhenryrealty.com 2

KW COMMERCIAL2230 Corporate Circle,Suite 250Henderson , NV 89074

Confidentiality & Disclaimer

KIM K. HENRYDirector0 [email protected] #BS.0144445

HARVEY M. JACOBSON, MBA/CEO

O [email protected] #BS.0027746

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third partysources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance orlack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projectedfinancial performance of the property for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as toaccuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whetherwritten or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine theseand other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for aparty unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspectionsand investigations including through appropriate third party independent professionals selected by such party. All financial data should beverified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independentprofessionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financialdata or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by theparty with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions shouldbe discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, otherconsultants and governmental agencies. All properties and services are marketed by Henderson Green Valley in compliance with all applicablefair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty orrepresentation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, orwithdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance ofthe property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY: HARVEY M. JACOBSON, MBA/CEO - 702-497-2360 - [email protected] - NV#BS.0027746

LAS VEGAS, NV

Page 3: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

www.kimhenryrealty.com 3

PROPERTY INFORMATION

1 | PROPERTY INFORMATION

PROPERTY DESCRIPTION

PROPERTY DETAILS

ADDITIONAL PHOTOS

1PROPERTY INFORMATIONRESTAURANT / BAR - WITH DRIVE-THRU

OFFERING MEMORANDUM

Page 4: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

PROPERTY OVERVIEWEstablished restaurant locationDaily high traffic countsFully built out with restaurant equipment and fixturesParking for up to 59 cars

LOCATION OVERVIEWFrom East I-215, take Warm Springs Road exit, for 1 mileeast. Property will be located on the north side of the road.From Eastern Avenue, the property is 0.3 miles west.

FOR SALE OR FOR LEASESale Price - $1,299,000Lease Rate - $1.65/SFM plus CAM's $0.42/SFM

BUILDING / LAND SIZE5,995 square feet / 0.95 acres

Property Description

RESTAURANT / BAR - WITH DRIVE-THRU 1 | PROPERTY INFORMATION

www.kimhenryrealty.com 4

Page 5: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

Property Details

RESTAURANT / BAR - WITH DRIVE-THRU 1 | PROPERTY INFORMATION

www.kimhenryrealty.com 5

PROPERTY NAME: Restaurant / Bar - with drive-thru

STREET ADDRESS: 2250 E Warm Springs Road

CITY, STATE, ZIP: Las Vegas, NV 89119

PROPERTY TYPE: Retail

APN: 177-02-816-007

ZONING: General Commercial (C-2)

YEAR BUILT: 1998

Page 6: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

www.kimhenryrealty.com 6

Additional Photos

RESTAURANT / BAR - WITH DRIVE-THRU 1 | PROPERTY INFORMATION

Page 7: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

LOCATION INFORMATION

2 | LOCATION INFORMATION

REGIONAL MAP

LOCATION MAPS

AERIAL MAP

2LOCATION INFORMATIONRESTAURANT / BAR - WITH DRIVE-THRU

OFFERING MEMORANDUM

Page 8: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

2250 E Warm Springs Road

Regional Map

RESTAURANT / BAR - WITH DRIVE-THRU 2 | LOCATION INFORMATION

www.kimhenryrealty.com 8

Page 9: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

www.kimhenryrealty.com 9

Location Maps

RESTAURANT / BAR - WITH DRIVE-THRU 2 | LOCATION INFORMATION

Page 10: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

Aerial Map

RESTAURANT / BAR - WITH DRIVE-THRU 2 | LOCATION INFORMATION

www.kimhenryrealty.com 10

Page 11: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

DEMOGRAPHICS

3 | DEMOGRAPHICS

DEMOGRAPHICS MAP

AO54128299.PDF

3DEMOGRAPHICSRESTAURANT / BAR - WITH DRIVE-THRU

OFFERING MEMORANDUM

Page 12: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

www.kimhenryrealty.com 12

* Demographic data derived from 2010 US Census

Demographics Map

RESTAURANT / BAR - WITH DRIVE-THRU 3 | DEMOGRAPHICS

ETHNICITY 1 MILE 2 MILES 3 MILES

% HISPANIC 18.9% 16.5% 19.4%

RACE 1 MILE 2 MILES 3 MILES

% WHITE 71.3% 74.2% 75.8%

% BLACK 6.0% 7.0% 6.7%

% ASIAN 9.5% 8.9% 8.2%

% HAWAIIAN 1.0% 0.7% 0.7%

% INDIAN 0.3% 0.3% 0.5%

% OTHER 7.9% 5.7% 5.2%

POPULATION 1 MILE 2 MILES 3 MILES

TOTAL POPULATION 12,682 45,196 116,687

MEDIAN AGE 36.8 38.4 38.3

MEDIAN AGE (MALE) 35.0 37.7 37.6

MEDIAN AGE (FEMALE) 38.9 39.4 39.6

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

TOTAL HOUSEHOLDS 5,063 17,770 46,363

# OF PERSONS PER HH 2.5 2.5 2.5

AVERAGE HH INCOME $78,638 $82,148 $78,900

AVERAGE HOUSE VALUE $242,756 $290,099 $319,763

Page 13: New OFFERING MEMORANDUM Restaurant / Bar - With Drive-thru · 2018. 11. 7. · S:\177\Test\1770281600701.AXF APN 177-02-816-007 Clark County Assessor- Info Tech Dept APEX SOFTWARE

SKETCH/AREA TABLE ADDENDUMSU

BJE

CT

IMPR

OVE

MEN

TS S

KET

CH

AR

EA C

ALC

ULA

TIO

NS

Address 2250 E. WARM SPRINGSDate 7/98 N/A 076 LC# 341'Subj/Project MEMPHIS CHAMPIONSHIP BARBECUEModel

Drawn by #

S:\177\Test\1770281600701.AXF APN 177-02-816-007

Clark County Assessor- Info Tech Dept APEX SOFTWARE 800-858-9958 Apx8100-w Apex v5

Scale: 1" = 12'

Comments: This is for Tax Assessment Purposes Only

AREA CALCULATIONS SUMMARYCode Description Factor Net Size Perimeter Net Totals

GBA1 F1 5995.151.00 340.9P/P

5995.15CCP 1419.501.00 240.4CCP 38.501.00 29.0CCP 340.001.00 89.5CCP 20.001.00 18.0CCP 191.881.00 56.0 2009.88

Net BUILDING Area (rounded w/ factors) 5995

COMMENTS

FIXTURES

F1

36'

WH-13'

11X11 4X10

9X9

5X5

22X22

CCP

20'

CCP

CCP

CCP

CCP

4X10

9'

6'4'

5'

4'

20'

30'

11'

7'

31'

5'

44'

28' 2'

12'4'

10'

4'

12'

41'

13'

47'

38'

12'

16'12'