FOR SALE ±6 ACRES COMMERCIAL LAND

Transcription

1 New Carson ypass: Scheduled Completion 2017 US HIGHWAY 395 (30 minutes to Reno) Phase 2-3 will construct the freeway from Fairview Drive to the signal at US 50/South Carson Street. Upon completion of this phase, the freeway will be open for travelers to use between Fairview Drive and South Carson Street, improving access and commute times. US HIGHWAY 50 (15 minutes to Tahoe) Starbucks Walmart Supercenter LENNAR SITE Jacks Valley Road

2 PROPERTY HIGHLIGHTS The subject parcel is a fl at, six-acre site located in North Douglas County (Indian Hills) directly across from a Target and Home Depot-anchored shopping center at Indian Hills, and less than a mile from the U.S. Highway 50/U.S. Highway 395 junction and freeway extension. Indian Hills is the primary commercial and retail center serving Douglas County and surrounding areas. The property is also located near the signalized intersection of U.S. 395 and Jacks Valley Road. More than 36,000 cars per day past the site on U.S Major retailers just north of the property include Costco, Wal-Mart, ed ath & eyond, est uy, Marshall s, Petco, Pier 1, In-N-Out urger, Cost Plus World Market, Dollar Tree, and Famous Footwear. A population of more than 100,000 surrounds the location. Keystone SALE DETAILS: + Sale Price: $1,550,000 + APN: Size: ±6.01 acres vacant commercial + Zoning: GC - General Commercial + Flood Zone: X (outside of the 100-year fl ood zone) SITE INVESTMENT HIGHLIGHTS: + Highly desirable location near the signalized intersection of U.S. 395 and Jacks Valley Road, Costco and Walmart nearby + Flat developable parcel + Target and Home Depot are located south of the site adjacent to Jack s Valley Road + Utilities are nearby accessible from Jack s Valley Road + Potential multifamily use CONTACT US RETT EDWARDS brett.edwards@cbre.com REX MASSEY rex.massey@cbre.com

3 CARSON CITY FREEWAY PROJECT The fi rst phase of the Carson City Freeway has been completed and it connects Reno and North Carson up to Fairway Drive, decreasing commute time by an average by 15 minutes. Phase 2 of the Carson City Freeway will add the remaining 4.9 miles of controlled access freeway from U.S. 50 East to the southern connection at the existing U.S. 50 West - Tahoe Junction / Carson Street intersection. The Freeway will also be designed for two lanes in each direction with provisions for future widening in the median. Phase 2-3 will construct the freeway from Fairview Drive to the signal at US 50/South Carson Street. Upon completion of this phase, the freeway will be open for travelers to use between Fairview Drive and South Carson Street. This project began in spring The construction duration for Phase 2-3 is anticipated to last approximately 24 months. When the project is completed this summer, it will improve access and commute times. Phase 2-3

4 /- PARCEL MAP D SUJECT SITE 5.69 Ac Ac Ptn Adj Pcl Ac +/ A Ac GRANDE L C Ac RIVERWOOD DR Ac VISTA JACK'S VALLEY RD Pcl N HWY Pcl 5A Ac +/ Pcl 5A N SUNRIDGE DR Pcl Ac +/ /- Ptn Pcl Ac +/ Station Ac VISTA GRANDE L Ac Ptn Ac Ac Pcl Ac Ac Ac +/ LM Ptn Ac +/- ROMANS RD

5 LOCATION OVERVIEW Combining small town charm with productive farmland, a low crime rate, world class skiing and continued growth, Douglas County offers an extraordinary quality of life. Additionally, the county has one of the best school districts in the state, with scores well above the national standard. Household and Per capita income in Douglas County is the highest in Nevada. From Lake Tahoe to Historic Genoa to Minden and Gardnerville, Douglas County has something for everyone. The parcel is located within the Indian Hills area which has its own general improvements district supporting municipal services, recreation and parks, streets and stormwater drainage. The Indian Hills area is located in northern Douglas County just south of Carson City and Reno and is bisected by U.S. Highway 395, a 4 lane state highway. The three main industries in Douglas County are agriculture, tourism/gaming, and manufacturing. Minden is home to General Electric s Measurement and Control Division and Starbucks west coast coffee roasting plant and distribution center. The area is also home to American AVK which manufactures fi re hydrants and valves, North Sails which manufactures high quality boat sails used in sailing races around the world, and Metrix Instruments, a division of Roper Industries. Combined with a favorable climate, unlimited outdoor recreation, quality schools, and a healthy business environment, both Carson City and nearby communities like Minden and Gardnerville within Douglas County have remained favorite relocation spots for companies interested in low taxes, a variety of housing options, an abundant labor force, and unmatched outdoor scenario of the Carson Valley. Just north of Indian Hills is Carson City, the capital of Nevada. The state is recognized as one of the most business-friendly states in the country. This ranking is based on taxes, electricity costs, workers compensation costs, total crime rate, right to work, number of bureaucrats, and state minimum wage. In October of 2014, for example, Nevada was ranked the #3 best tax climate in the United States according to the Tax Foundation. CONTACT US RETT EDWARDS brett.edwards@cbre.com REX MASSEY rex.massey@cbre.com 2017 CRE, Inc. This information has been obtained from sources believed reliable. We have not verifi ed 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. CRE and the CRE logo are service marks of CRE, 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