new offering memorandum restaurant / bar - with drive-thru · 2018. 11. 7. ·...
TRANSCRIPT
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
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
www.kimhenryrealty.com 3
PROPERTY INFORMATION
1 | PROPERTY INFORMATION
PROPERTY DESCRIPTION
PROPERTY DETAILS
ADDITIONAL PHOTOS
1PROPERTY INFORMATIONRESTAURANT / BAR - WITH DRIVE-THRU
OFFERING MEMORANDUM
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
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Property Details
RESTAURANT / BAR - WITH DRIVE-THRU 1 | PROPERTY INFORMATION
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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
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Additional Photos
RESTAURANT / BAR - WITH DRIVE-THRU 1 | PROPERTY INFORMATION
LOCATION INFORMATION
2 | LOCATION INFORMATION
REGIONAL MAP
LOCATION MAPS
AERIAL MAP
2LOCATION INFORMATIONRESTAURANT / BAR - WITH DRIVE-THRU
OFFERING MEMORANDUM
2250 E Warm Springs Road
Regional Map
RESTAURANT / BAR - WITH DRIVE-THRU 2 | LOCATION INFORMATION
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Location Maps
RESTAURANT / BAR - WITH DRIVE-THRU 2 | LOCATION INFORMATION
Aerial Map
RESTAURANT / BAR - WITH DRIVE-THRU 2 | LOCATION INFORMATION
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DEMOGRAPHICS
3 | DEMOGRAPHICS
DEMOGRAPHICS MAP
AO54128299.PDF
3DEMOGRAPHICSRESTAURANT / BAR - WITH DRIVE-THRU
OFFERING MEMORANDUM
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* 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
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'