SANTOLI CENTER MULTI-TENANT RETAIL CENTER 7965 S. Rainbow Blvd. Las Vegas, Nevada 89139 FARUS FARMANALI SAHIL KURJI OWNER/LICENSEE - STATE OF NEVADA LICENSEE STATE OF NEVADA (702) 373-2993 (469) 438-1905 1 FARUS@QAFINVESTMENTS.COM SAHIL.KURJI@GMAIL.COM
TABLE OF CONTENTS OFFERING SUMMARY PROPERTY HIGHLIGHTS TENANT RENT ROLL DEMAND GENERATORS AERIAL OVERVIEW LAS VEGAS VALLEY MAP SITE PLAN This document has been prepared by the Owner/Landlord for advertising and general information only. Owner/Landlord makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Owner/Landlord excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. SANTOLI RETAIL CENTER 7965 SOUTH RAINBOW BOULEVARD 2
OFFERING SUMMARY LOCATION Santoli Center 7965 South Rainbow Boulevard Las Vegas, NV 89139 OFFERING SUMMARY Price (93% Leased) $9,521,767 NOI (Incl. Pylon Sign Rent) (93% Leased) $571,306 Price (100% Leased) $10,351,767 NOI (Incl. Pylon Sign Rent) (100% Leased) $621,106 Capitalization Rate 6.00% Monthly Estimated CAM Charges Building Square Feet Lot Size % of Space Leased (6/30/2017) 93% $0.30 PSF 22,400 SF 1.76 ACs Year Built 2016 Sub-Market Southwest Diverse Tenant Mix Below Market Lease Rates Strong Demographics Across Smith s Food & Drug Anchor Center Frontage on Busy Rainbow Retail Corridor 3% Annual Lease Rate Increases This brochure serves as a marketing tool, potential investors should confirm all data / information to be accurate and correct. SANTOLI RETAIL CENTER 7965 SOUTH RAINBOW BOULEVARD 3
PROPERTY HIGHLIGHTS Strong Retail Corridor Southwest Area Located directly across one of the top producing Smith s Food & Drug anchored center Located in one of the busiest retail corridors in Southwest Las Vegas area. Diversified Tenant Mix Tenants such as The Butcher Block, Chip off the Block, Strategy Dance Centre, Farmers Insurance, The Sweet Poke, Coco Donuts, Family Dentistry and Café Summers. Fixed Annual Lease Increases 3% annual increases Below market lease rates (~20% lower lease rates than market) Strong Residential & Neighborhood Demographics 2016 Population (within 1 mile) 22,233 2016 Average HH Income (within 1 mile) - $91,110 2016 Households (within 1 mile) 7,968 Key Community Services within Walking Distance Las Vegas Metropolitan Police Department Windmill Public Library Sierra Vista High School Southwest Career & Technical Academy This brochure serves as a marketing tool, potential investors should confirm all data / information to be accurate and correct. SANTOLI RETAIL CENTER 7965 SOUTH RAINBOW BOULEVARD 4
TENANT RENT ROLL DETAIL (93% Leased) SUITE TENANT SQUARE FEET LEASE EXPIRATION CURRENT RENT/SF CURRENT RENT/ANNUAL RENTAL INCREASES LEASE TYPE RENEWAL OPTIONS 100 Farmers Insurance 1,467 7/31/2026 $27.74 $40,698 2.75% / Year NNN (2) 5 Year Options 105 Miracle Nails & Spa 1,466 8/31/2023 $26.40 $38,703 3.00% / Year NNN (1) 7 Year Option 110 Café Summer 1,467 11/30/2021 $26.40 $38,729 3.00% / Year NNN (1) 5 Year Option 115 125 Strategic Dance Centre (rent commencement Aug 17) The Butcher Block / Chip off the Block 6,809 8/31/2024 $25.20 $171,587 3.00% / Year NNN (2) 7 Year Options 4,191 3/31/2024 $28.80 $120,701 3.00% / Year NNN (3) 5 Year Options 135 The Sweet Poke 1,400 7/31/2021 $27.19 $38,069 3.00% / Year NNN (1) 5 Year Option 140 Cream Berry 1,400 10/31/2021 $26.40 $36,960 3.00% / Year NNN (2) 5 Year Options 145 Family Dentistry 1,500 9/30/2023 $24.00 $36,000 3.00% / Year NNN (1) 7 Year Option 150 Coco Donuts 1,080 12/31/2023 $27.00 $29,160 3.00% / Year NNN (2) 5 Year Options 155 Creative Salon (lease pending) - - - - - - - 0 The Water Bottle - 5/30/2022 - $7,200 TOTAL SPACE LEASED 20,780 $557,806 16% increase in 2022 SANTOLI RETAIL CENTER 7965 SOUTH RAINBOW BOULEVARD information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Owner/Landlord excludes unequivocally all 5 NNN (4) 5 Year Options This document has been prepared by the Owner/Landlord for advertising and general information only. Owner/Landlord makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.
TENANT RENT ROLL DETAIL (100% Leased) SUITE TENANT SQUARE FEET LEASE EXPIRATION CURRENT RENT/SF CURRENT RENT/ANNUAL RENTAL INCREASES LEASE TYPE RENEWAL OPTIONS 100 Farmers Insurance 1,467 7/31/2026 $27.74 $40,698 2.75% / Year NNN (2) 5 Year Options 105 Miracle Nails & Spa 1,466 8/31/2023 $26.40 $38,703 3.00% / Year NNN (1) 7 Year Option 110 Café Summer 1,467 11/30/2021 $26.40 $38,729 3.00% / Year NNN (1) 5 Year Option 115 125 Strategic Dance Centre (rent commencement Aug 17) The Butcher Block / Chip off the Block 6,809 8/31/2024 $25.20 $171,587 3.00% / Year NNN (2) 7 Year Options 4,191 3/31/2024 $28.80 $120,701 3.00% / Year NNN (3) 5 Year Options 135 The Sweet Poke 1,400 7/31/2021 $27.19 $38,069 3.00% / Year NNN (1) 5 Year Option 140 Cream Berry 1,400 10/31/2021 $26.40 $36,960 3.00% / Year NNN (2) 5 Year Options 145 Family Dentistry 1,500 9/30/2023 $24.00 $36,000 3.00% / Year NNN (1) 7 Year Option 150 Coco Donuts 1,080 12/31/2023 $27.00 $29,160 3.00% / Year NNN (2) 5 Year Options 155 Creative Salon (lease pending) 1,620 11/30/2024 $30.00 $48,600 3.00% / Year NNN (2) 7 Year Options 0 The Water Bottle - 5/30/2022 - $7,200 TOTAL SPACE LEASED 22,400 $606,406 16% increase in 2022 This document has been prepared by the Owner/Landlord for advertising and general information only. Owner/Landlord makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the SANTOLI RETAIL CENTER 7965 SOUTH RAINBOW BOULEVARD 6 information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Owner/Landlord excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. NNN (4) 5 Year Options
DEMAND GENERATORS This document has been prepared by the Owner/Landlord for advertising and general information only. Owner/Landlord makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Owner/Landlord excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. SANTOLI RETAIL CENTER 7965 SOUTH RAINBOW BOULEVARD 7
44'-4" 94'-0 1 2 " 49'-8 1 2 " drawings & specifications of this architect remain solely his property. they are to be used only for the project for which they used were produced. until sealed, signed, & dated, they are not f inal or valid. any use or reproduction of these documents without the w r i t t e n c o n s e n t o f t h e a r c h i t e c t i s prohibited. copyright c 2016 John David Burke, Architect 1/5/2017 2014-50 110'-0" 30'-3" John David Burke, Architect, 3471 West Oquendo Road, #301, Las Vegas, NV 89118 (702)876-4863, jburke@jburkearchitect.com Suite 155 Suite 150 Suite 145 Suite 140 Suite 135 Suite 115 Suite 110 Suite 105 Suite 100 1,620 S.F. 1,080 S.F. 1,500 S.F. 1,400 S.F. 1,400 S.F. 6,809 S.F. 1,467 S.F. 1,466 S.F. 1,467 S.F. Available Coco Donuts Dentist Cream Berry Sweet Poke Available Cafe Summer Miracle Nail & Spa Farmer's Insurance 5 1 2 " Shopping Center N.W. Corner of Rainbow Blvd. & Santoli Ave. For: All Investments, LLC. Clark County Nevada Suite 125 4,191 S.F. Butcher Block Floor Plan 1 Scale: 1/8" = 1'-0" TOTAL BUILDING AREA: 22,400 S.F. A1