DOWNTOWN McCARRAN CARRAN BLVD BLVD N. VIRGINIA ST./BUSINESS 395 RENO/TAHOE INTERNATIONAL AIRPORT TRUCKEE MEADOWS COMMUNITY COLLEGE DESERT RESEARCH INSTITUTE LADERA RANCH (FUTURE DR HORTON HOUSING DEVELOPMENT) UNIVERSITY OF NEVADA, RENO SUN VALLEY VALLEY BLVD. BLVD. SITE NORTHSTAR RANCH (LENNAR) EAST 7TH AVENUE
PROPERTY HIGHLIGHTS SALE DETAILS: + Sale Price: $800,000 + APNs: 502-250-09 (45.5 acres) 502-250-10 (2.75 acres) + Total Size: ±48.25 acres + Zoning: MDS and GR + Flood Zone: X (outside of the 100-year fl ood zone) SITE INVESTMENT HIGHLIGHTS: + Potential for up to 150 single family lots. + Utility services available. + Flat to gentle upslope. + Close proximity and easy access to major transportation routes and bus service. + Near the Truckee Meadows Community College + Ideal for entry level and affordable single family housing development. Kstone CONTACT US REX MASSEY +1 775 321 4480 rex.mass@cbre.com BRETT EDWARDS +1 775 823 6968 brett.edwards@cbre.com
NORTH VALLEYS SITE DESERT RESEARCH INSTITUTE UNIVERSITY OF NEVADA, RENO McCARRAN BLVD TRUCKEE MEADOWS COMMUNITY COLLEGE McCARRAN BLVD < DOWNTOWN RENO SPARKS
CONCEPTUAL PLAN
SPECTRUM 2670.25 118.13 118.13 973.53 973.53 282.21 1 FOR SALE PARCEL MAP CENTER SEC. 23 23 26 1788.79 PAR. 1 POR. PAR. 2 P.M. 3598 R/S 4086 ORD. #50 (ALL OF P.M. 3598) 611.30 U.S. 395 FREEWAY ACCESS ESMT. POR. PAR. 2 P.M. 3598 R/S 4086 502-250-30 3.806 ac. 397.78 58.23 72.34 27.63 143.01 301.46 146.44110.61 163.06 2688.91 502-250-31 1.981 ac. 26.92 62.09 35.25 314.75 168.52 97.65 67.90 20.96 77.23 108.63 151.83 98.93 66.88 176.46 BLVD. 160.72 DED. T.M. 3979 18.55 101.25 180.73 131.74 754.19 14 23 23 26 23 Reno 2144.97 13 County 2661.39 25 SEC. & POR. OF SE 1/4 OF SEC. 23, T20N - R19E LOT 2 38.71 LOT 3 39.08 LAND PATENT NO. 27-2001-0041 LOT 6 39.45 LOT 7 39.81 550.00 2587.29 1233.22 502-250-05 2528.34 PAR. 3 P.M. 3767 RED PEAK 5455' jg 1000.00 2579.19 157.79 ac. 1000.00 502-250-08 12.63 ac. 270.00 550.00 280.00 564.96 500.00 CENTER SEC. 50' PRIVATE ACCESS ESMT. 13 2655.35 300.00 PAR. 2 P.M. 3767 502-250-07 10.27 ac. 411.94 25 PAR. 1 P.M. 3767 N45-05-04W 310.43' 550.00 273.60 502-250-06 399.89 ac. 114.44 44 41.68 138.53 2297.74 292.79 400 286.74 330 174.14 4 LOT 4 37.65 LOT 5 37.07 330 WAINSCOTT 1352.34 34 27.11 400 38.23 304.73 98.29 29 36.49 329.63 329.63 LOT 1 376.03 140. LOT 8 203.06 198.21 DRIVE PAR. 4 P.M. 3767 465.88 OFFERED FOR DEDICATION ION TO WASHOE CO. 343.26 343.26 2648.75 502-250-09 45.51 ac. 502-250-10 2.75 ac. 13 18 W. FIFTH 30 19 AVENUE DRIVE CHOCOLATE 296.13 52.51 30.01 SUN VALLEY GID TANK SITE ESMT. AREA = 3.03 Ac.. 1288.06 R19E 19 25 30 2648.39 GEPFORD 19 PKWY. FLINTSTONE CIRCLE 1347.82 1348.64 QUID LANE MAGGIE CIRCLE W. FOURTH AVENUE BROWNLEE LANE LOSTER WAY W. SECOND AVENUE R20E BOOK 085 Assessor's Map Number 502-25 STATE OF NEVADA WASHOE COUNTY ASSESSOR'S OFFICE Joshua G. Wilson, Assessor 82-60 1001 East Ninth Street Building D Reno, Nevada 89512 (775) 328-2231 Feet 0 75 150 300 450 600 1 inch = 600 feet 82-58 35-68 Reno 502-70 502-25 Sparks 502-69 85-60 85-61 85-20 85-63 85-64 85-69 85-01 03-07 35-01 03-10 Å created by: TWT 11/10/2009 last updated: area previously shown on map(s) NOTE: This map was prepared for the use of the Washoe County Assessor for assessment and illustrative purposes only. It does not represent a surv of the premises. No liability is assumed as to the sufficiency or accuracy of the data delineated hereon.
EXCEPTIONAL MARKET FUNDAMENTALS STRONG REGIONAL JOB GROWTH According to the Tax Foundation, Nevada ranks third in the United States for best tax climate.0 This business-friendly tax environment has opened up many possibilities for out-of-state companies to locate facilities here including Tesla, Panasonic, Switch, and Apple.0 As noted by local economic development offi cials from a recent study called the EPIC report (http://edawn.org/ epic-report), the region is forecast to create approximately 50,000 jobs and population growth of over 60,000 new residents between 2015 and 2019. Current employment is approximately 230,000 people with a population of approximately 500,000 in the metro area. According to the study, the area of Washoe County is seeing steady and improving demographic and employment growth. The economy is becoming increasingly diversifi ed due to a proactive regional business recruitment and retention strategy. Northern Nevada is supported by locational/transportation advantages which include access to Interstate 80, Union Pacifi c Mainline Rail, inexpensive redundant power sources and superior fi ber connectivity. The infrastructure supports the region s emergence as a powerhouse in worldwide technology-based commerce. Amazon distribution warehouse at LogistiCenter 395 The region also has a renewed focus on advanced manufacturing which is paying dividends. Reno has experienced a 14.7 percent growth in manufacturing employment over the past fi ve years.0 Sectors such as healthcare and clean energy are also experiencing strong growth.0 Some of the notable companies that have recently located or expanded to Northern Nevada include: International Game Technology (IGT) campus
RECENTLY RELOCATED COMPANIES Tesla/Panasonic selected Northern Nevada as their location for the world s largest Gigafactory focusing on manufacturing of cutting edge technologically advanced energy storage. The fi rst of several buildings at 3 million square feet is currently being occupied. The project is expected to create up to 20,000 jobs. The economic impact of Tesla is so large that it will add 20% to the region s GDP. Switch has just completed construction of the world s largest data center building at 1.2 million square feet. Switch has committed to constructing a total of 7 buildings and 7.2 million square feet of high tech data campus on 1,000 acres. The company is expected to hire thousands of employees. Due to its location in Northern Nevada Switch is also constructing a fi ber hyperlink which will connect Reno, Las Vegas, Los Angeles and San Francisco in under 7 milliseconds. Apple Apple acquired 350 acres in the 2,300 acre Reno Technology Park and has been under continuous construction on its $1 billion itunes data center. Additionally, Apple s Braeburn Capital, its mon management division, is headquartered in south Reno investing billions in this tax free state. Ghost Systems, a cyber security data fi rm, recently moved its headquarters to Reno and plans to construct a larger underground data center in the Reno Technology Park. Economic Development offi cials anticipate this company to be a large high tech employer.
EXISTING NOTABLE EMPLOYERS Microsoft Licensing moved its headquarters to Reno a decade ago and now has 500 employees. The company licenses software worldwide from its 120,000 square foot campus in south Reno. International Game Technology is the world s largest gaming company. Its Reno campus at 1 million square feet houses both R&D and manufacturing groups. Microsoft Licensing headquarters Renown Health is the largest healthcare provider in the region. The company currently employs 5,600 and continues to aggressively expand in the region. Sierra Nevada Corporation is one of the nation s largest defense contractors and is headquartered in Sparks, Nevada. It has 3,000 employees, most of whom are scientists, engineers, or technical personnel with college or advanced degrees. Intuit Payroll Services has been headquartered in Reno since 2001. It now has 600 employees located in 150,000 square feet of offi ce space. Intuit Payroll Services headquarters
FOR SALE REGIONAL EMPLOYERS MAP Cold S Co Cold Springs p in pr ings ngs g Lemm Le Lemmon mm mon o Vall Val a lle Reno-Stead Airport Spanis Sp Span Spanish issh Sp Springs pri r ng ngss Fern Fe Fernl nle 395 To Lake Tahoe Ski Resorts: Sun Vall Sun V ll Va ll Gold Go G olden lld den e Vall Val a le 445 SITE Reno Technology Park icloud Data Center Sparks 650 WALMART Distribution Center,17(567$7( MccCa M McCa McCarran Carr r an n 80 Reno Ve Verdi erd rdii,17(567$7( 80 Mogu Mo Mogul gull gu (Software),17(567$7( Reno-Tahoe In Int l Airport 580 %UDHEXUQ &DSLWDO Licensing,17(567$7( 580 N.com 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. 70629157-88758 Distribution Center