FOR SALE - BANK OWNED REO 6671 SCHUSTER STREET, LAS VEGAS, NV 89118

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1 FOR SALE - BANK OWNED REO 6671 SCHUSTER STREET, LAS VEGAS, NV OFFERING MEMORANDUM NAI SAUTER COMPANIES PARK RUN DRIVE, SUITE 140 LAS VEGAS, NV (O) (F)

2 DISCLOSURE & CONFIDENTIALITY AGREEMENT This offering memorandum has been prepared to provide information to prospective Buyers. It does not, however, purport to present all material information regarding the subject property and it is not a substitute for a thorough investigation by the prospective Buyers. Materials and information from any source, whether written 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 these and other matters of significance to such party. NAI Sauter Companies will not investigate or verify any such matters or conduct due diligence for a party 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 inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. NAI Sauter Companies makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. NAI Sauter Companies has not made any investigation, and makes no warranty or representation with respect to the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue or renew its occupancy of the subject property. NAI Sauter Companies 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 or performance. All market analysis projections are provided for reference purposes only and are based on assumptions relating to general market conditions, competition and other various market indicators. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. The information contained herein is strictly confidential. It is intended for the sole party receiving it directly from NAI Sauter Companies, and should not be made available to any other person without the direct consent of NAI Sauter Companies.

3 EXECUTIVE SUMMARY FOR SALE - INDUSTRIAL BANK OWNED REO OFFERING DETAILS: List Price: $820,000 APN # Building SF 9,339 SF Year Built 2007 Price per SF $87.80/SF Site Size 0.40 acres Proforma NOI Proforma CAP Rate $52,391 Zoning M-1 - LIGHT MANUFACTURING 6.38% Occupancy VACANT Parking TO BE VERIFIED Construction REINFORCED CONCRETE AREA DESCRIPTION: 6671 SCHUSTER STREET, LAS VEGAS, NV PROPERTY DESCRIPTION: The subject property is a well maintained +/- 9,339 SF Industrial, Owner/ User building originally built in 2007, in GREAT condition, with high end improvements and located in a well established, easily accessible industrial area surrounded by a variety of complementary uses. The subject offers second generation improvements which include 2,068 SF of two story fully fire-sprinklered HVAC office containing a reception area, two private offices, break area, restroom, storage and a second floor open conference/bullpen area; all with built-in marble/granite topped, wrap around desks/counters/workstations. The warehouse offers 7,271 SF of EVAP cooled, fire-sprinklered storage/distribution/manufacturing area with a marble/granite topped workstation featuring overhead gas heating, one restroom, fenced storage, 22 clear height, 400amp/ v 3p power and one grade level door. The property sits on 0.40 acres and features a +/- 4,000 SF securely fenced in yard. The subject area is located in the highly sought after Southwest industrial area, just west of the S Valley View and W Martin intersection inside the master-planned business park known as the Martin Hinson Business Center encompassing 21 buildings and over 8 acres. The subject area is strategically located within close proximity and convenient access to The Strip, McCarran International Airport and to either the I-15 and/or 215 Beltway therefore providing unparalleled access to all areas of the Valley. Additionally, the Sunset Road/ UPRR underpass is near completion which will improve access to Town Square & Las Vegas Boulevard. Paul Chaffee pchaffee@naisauter.com PROUDLY OFFERED BY: NAI SAUTER COMPANIES Park Run Drive, Suite 140 Las Vegas, NV (O) (F) Wil Chaffee wchaffee@naisauter.com

4 6671 SCHUSTER STREET, LAS VEGAS, NV PROPERTY PHOTOS - EXTERIOR

5 6671 SCHUSTER STREET, LAS VEGAS, NV PROPERTY PHOTOS - INTERIOR - 1ST FLOOR

6 6671 SCHUSTER STREET, LAS VEGAS, NV PROPERTY PHOTOS - INTERIOR - 2ND FLOOR

7 6671 SCHUSTER STREET, LAS VEGAS, NV PROPERTY PHOTOS - INTERIOR - WAREHOUSE

8 PROPERTY PHOTOS - AERIAL 6671 SCHUSTER STREET, LAS VEGAS, NV 89118

9 PROPERTY PHOTOS - LOCATION MAP 6671 SCHUSTER STREET LAS VEGAS, NV 89118

10 SITE PLAN 6671 SCHUSTER STREET, LAS VEGAS, NV 89118