land for sale - loopnet · 2018. 7. 19. · national users (general motors, urban outfitters,...
TRANSCRIPT
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
kiddermathews.com
Land For Sale
PAD C, NORTH VALLEY COMMERCE CENTER PHASE IReno, NV
Sale Price: $3.50 PSF
±13.74 acres, APN: 570-200-06
Zoned MUN (Mixed Use Neighborhood)
Super pad site with all off-site work complete
Located in the North Valley Commerce Center Phase I off US Hwy 395 and just 10 minutes from the I-80 interchange
The North Valleys submarket is home to numerous nationally known companies such as Clorox, Michelin, General Motors, Cardinal Health, Pentair, Urban Outfitters, Jardin and JC Penney
Longley
Ln.
SVirginia Street
N. V
i rgin
ia S
treet
Clea
r Acre
Ln
Golden Valley Rd.
Dandini Blvd
El Rancho Dr.
Pyra
mid
Way
Pyra
mid W
ay
Vist
a B l
vd.
E. Prater Way
Baring Blvd.
Sun
Valle
y Bl
vd.
Highland Ranch P kwy
Vete
r ans
Pkw
y
Geiger Grade Rd
Arrowcreek Pkwy
Do uble R Blvd
Holcomb Ranch Ln
Lake
side
Dr
Lake
side
Dr
Desert W
ay
Alexander Lake Rd
Bella Vista Ranch
Short Ln
Hidden V
alley Dr
Mira Loma Dr
S McCarra
n Blv
d
Long
ley
Ln
W. 4th Street
E Greg StGreg St
N McCarran Blvd
Oddie Blvd
N. W
e ll s
Ave
S W
ells
Ave
Mill St
Vassar St
Ryland St
S Virginia St
East Plumb Lane
Plumas
tSPlum
as tS
S Arlington AveH
unte
r Lak
e D
rSk
yline
Blv
d
S McCarran Blvd
N McC
arran
Blvd
E 2nd St
N Si
erra
St
S Si
erra
St
W Seventh St
Las Brisas BlvdAvenida De Lan
da
Beaumont Pkwy
W Seven
th St
M ae Anne Ave
Robb
Dr
Sharlands Ave
Somersett PkwyE ening Rock T
rai l
Mayberry Dr
Pla teau Rd
S Mc Carra n Blvd
S utro St
El R
anch
o Dr
.
Rock Blvd
Py r ai
md W
a y
E 4th St
Mill St
N Virginia St
Evans Ave
Keystone Ave
Kietzke nL
S Rock Blvd
Kiet
zke
Ln
E Peckham Ln
Airwa y Dr
Pembroke Dr
Double Diamo
nd Pkwy
S Meadows Pkwy
Vete
rans
Pkw
y
Carat Dr Carat Dr
Steamboat Pkwy
Damonte Ranch Pkw y
W Zolezzi LnEdm
ands
Dr
Foothill Rd
Thomas Cree k R d
Dry de
n Dr
Ventana Pkwy
Wed
ge Pkwy W
este
rn Skies D
r
Rio Wrangler Parkw
ay
Clean Water Way
E Lincoln Way
Disc Dr
Los Al tos Pkwy
Los Altos Pkw yVista Blvd
Eagle Canyon Rd
Eagle Canyon Rd
W Cal
le De
La P
lata
Lem
m
on Dr
Chickadee DrHungry V
alley Rd
Red Rock Rd
Deodar W
ay
Echo Ave
Moy
a Bl
vd
Stea
d Bl
vd
Estates Dr
Esta tes Dr
Pa tr ician Dr
Military Rd
Lear Blvd
Brav
o Ave
Hub ble D
r
La Posada Dr
Vista Blvd
W Huffaker Ln
W Moana Ln
E 7th Ave
Reno-TahoeInternational Airport
SUBJECT PROPERTY
RENO
SPARKS
Po
pp
ywo
od
Drive
Lem
mo
n D
rive
Michael Nevis, SIOR, CCIM
J. Michael Hoeck, SIOR
Steve Kucera, CCIM
Contact
±13.74 ACRES AVAILABLE
N Virginia Street
N Virginia Street
BUILDING A-1
BUILDING B
TRADEMARKGLOBAL
NVCC II
NVCC I
SITE
Proposed
Bldg
Tenants in the Market Aerial
Site Aerial
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
For Sale
Site Plan
Close proximity to UPS and other carriers
Business friendly philosophy, reduced bureaucracy
No corporate, personal, inventory, or unitary tax
National tier 1 university and medical school,
community college, & 3 business colleges
Liberal right-to-work laws, wages at or below
national average
Refreshing outdoor lifestyle, minutes from Lake Tahoe
& the majestic Sierra Nevada's
Remarkable low cost of living
What Makes Reno Different?
The North Valleys is the preferred location for large
corporate distribution centers in the region. With close
to 16 million square feet, it is strategically located to
service growing west coast markets.
The North Valleys submarket has close to 55,000
residents within 3 miles and full service amenities.
Located along US 395 and 7 miles from the I-80
interchange, the primary east-west Interstate
connecting San Francisco to New York.
The North Valleys submarket has attracted marquee
national users (General Motors, Urban Outfitters,
Clorox, Michelin, Jarden, JCPenney, Sally's Beauty,
Pentair, Amazon, and Petco).
North Valley Submarket Overview
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
For Sale
Michael Nevis, SIOR, CCIM
J. Michael Hoeck, SIOR
Steve Kucera, CCIM
Contact
TAX COMPARISONS NV CA AZ UT ID OR WA
State Corporate Income Tax No 8.84% 4.9% 5% 7.4% 6.6%-7.6% No
Personal Income Tax No 1%-13.3% 2.59%-4.54% 5% 1.6%-7.4% 5%-9.9% No
Payroll Tax 1.475% 0.83% (SF Only)
No No No 0.09% No
Monthly Property Tax (Based on $25M Market Value) $22,969 $22,917 $71,667 $22,917 $33,333 $32,688 $20,833
Unemployment Insurance Tax 0.25%-5.4% 1.5%-6.2% 0.03%-8.91% 0.2%-7.2% 0.43%-5.4% 1.11%-5.4% 0.1%-5.7%
Capital Gains Tax No Up to 13.3% 2.59%-4.54% 5% Up to 7.4% 5%-9.9% No
WORKERS’ COMP RATES NV CA AZ UT ID OR WA
Class 2915 - Veneer Products Mfg. $2.45 $11.33 $2.65 $1.48 $3.32 $3.09 $1.70
Class 3632 - Machine Shop NOC $2.88 $4.92 $2.20 $1.64 $4.51 $2.01 $1.23
Class 8810 - Clerical Office Employees NOC $0.21 $0.39 $0.20 $0.09 $0.28 $0.10 $0.14
Business Cost Comparisons
Source: https://www.nvenergy.com/about-nvenergy/economic-development/taxes-incentives
Last updated: 07/2017
GROUND
Reno-Tahoe Int’l Airport 10.0 miles
Reno-Stead FBO 5.1 miles
UPS Regional 12.7 miles
FedEx Express 11.7 miles
FedEx Ground 11.8 miles
FedEx LTL 9.75 miles
Transportation
Demographics
2018 3 mi 5 mi 10 mi
Population 85,027 210,120 395,266
Households 32,501 82,662 153,786
Avg HH Income $54,791 $60,752 $74,062
Nevada State Incentives
Helpful Links
OR
WA
CANV UT
WY
MT
CO
NMAZ
ID
(1 DA
Y TR
UC
K S
ER
VIC
E)
(2 DAY TR
UC
K SER
VICE)
HELENA890 miles
SEATTLE751 miles
PORTLAND579 miles
SACRAMENTO129 miles
LAS VEGAS446 miles
LOS ANGELES518 miles
PHOENIX769 miles
SANTA FE1,081 miles
DENVER1,046 miles
CHEYENE949 miles
RENO
SALT LAKE CITY514 miles
Business Costs: http://www.diversifynevada.com/selecting-nevada/nevada-advantage/cost-of-doing-business
Business Incentives: http://edawn.org/why-nevada/business-advantage/
Cost of Living: http://opportunitynevada.files.wordpress.com/2017/11/costofliving.pdf
Quality of Life: http://edawn.org/live-play/
No state, corporate or personal income tax
No estate tax, no inventory tax, no unitary tax, no franchise tax
Right-to-work state
Moderate real estate costs
Low workers’ compensation rates
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.