±38,000 SF of available space, expandable to ± 46,160 SF, with 8K SF office space and 8K SF mezzanine

LAS VEGAS IS A CORE INDUSTRIAL MARKET

The Las Vegas Industrial sector has witnessed a noteworthy rise in recent years, solidifying its status as a key investment destination. The region's attractive business climate, advantageous location, and growing population are the reasons for this development. Nevada's favorable tax environment, including the absence of state income taxes, is another key factor driving investment in the Las Vegas industrial industry. Las Vegas is a popular choice among companies looking to maximize earnings through tax advantages and lower operational expenses. The market's position as a leading site for industrial real estate investment is solidified due to its favorable location, business-friendly regulations, and costeffective operations.

The most active players in the Las Vegas industrial sector have been institutional-grade investors Blackstone and Link Logistics, as well as REITs like Prologis and EastGroup Properties, which have amassed millions of industrial assets. At the more active end of the range, private investors sought opportunities to purchase modest multi-tenant properties or older types for potential use in future new developments.

Ideal West Coast Distribution/Manufacturing Location, Strong Industrial Market, Central Location, and Ideal Conversion Opportunity in a Business-friendly Environment.

Las Vegas Commercial Real Estate is a dynamic and diverse market, primarily driven by the city's reputation as a global entertainment and tourism center. This market encompasses a broad spectrum of property types comprising industrial facilities, office buildings, retail complexes, and hospitality assets. Industrial real estate, such as warehouses and distribution facilities positioned along critical transportation routes, benefits from Las Vegas' strategic location as a transportation hub. This establishes Las Vegas as an essential transportation hub for major logistics and distribution operations in the western United States.

The city's huge resident population and regular stream of tourists provided a healthy mix of upscale shops, expansive shopping centers, and outlet malls. A vital part of Las Vegas's economy, the hospitality industry consists of numerous hotel and casino structures that attract millions of tourists each year, making it a cornerstone of the city's commercial real estate. The city market has demonstrated impressive resilience and adaptability, continuing to invest in and expand its infrastructure to meet the changing needs of tourists and businesses.

State Tax Climate

The low-tax climate in Southern Nevada is one of the most-cited reasons to do business in Nevada. Companies doing business in Nevada can save millions of dollars by having a long-term presence in the state.

The Nevada Advantage

• No corporate income tax
• No admission tax
• No unitary tax
• No franchise tax on income
• No inventory tax
• No tax on corporate share issuance
• No tax on sale or transfer of shares
• Low property tax
• No inheritance pension or SS tax

60 Million Customers in 1-day Truck Service

Greater Reno-Sparks area is centrally located in the Western United States and is within 1-day truck service to over 60 million customers and 2-day truck service to 11 states.

Competitive Commercial Utility Rates, >50% Lower Than California

Companies are more profitable when they keep operating costs low. In Nevada, the commercial utility rates are less than half California’s. That means companies relocating from California can save over half on their monthly utility costs.

Nevada Tax Incentives Supports Primary Industry Sectors

The Nevada Governor’s Office of Economic Development (GOED) offers tax incentives to companies that relocate or expand their businesses, subject to meeting the criteria for job creation, average wage, and capital investment, medical benefits. These incentives include:

• Sales & Use Tax Abatement
• Modified Business Tax Abatement
• Personal Property Tax Abatement
• Real Property Tax Abatement for Recycling
• Aviation Parts Tax Abatement
• Data Center Tax Abatement