Village Square Mixed Use Center - Stabilized Investment with Future Redevelopment Upside - LoopNet

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Village Square Mixed Use Center - Stabilized Investment with Future Redevelopment Upside - LoopNet
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Cardo Realty .. Investment Real Estate

         Village Square Mixed Use Center
           Stabilized Investment with Future Redevelopment Upside

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                                                   Village Square .. Las Vegas, NV 89117
Village Square Mixed Use Center - Stabilized Investment with Future Redevelopment Upside - LoopNet
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Cardo Realty .. Investment Real Estate

CONFIDENTIALITY AND DISCLOSURES
Cardo Realty, LLC has been engaged as the exclusive agent for the sale of Village Square, 9326 - 9440 W. Sahara Ave., located in Las Vegas, NV (the
“Property”), by OPS 1, LLC, the owner of the Property. The Property is being offered for sale in an “as-is, where-is” condition and Seller and Agent make
no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The enclosed materials include highly
confidential information and are being furnished solely for the purpose of review by prospective purchasers of the interest described herein. Neither the
enclosed materials nor any information contained herein is to be used for any other purpose or made available to any other person without the express
written consent of the Seller. Each recipient, as a prerequisite to receiving the enclosed, should be registered with Cardo Realty, LLC as a “Registered
Potential Investor” or as “Buyer’s Agent” for an identified “Registered Potential Investor.” The use of this Offering Memorandum and the information
provided herein is subject to the terms, provisions and limitations of the confidentiality agreement furnished by Agent prior to delivery of this Offering
Memorandum. The enclosed materials are being provided solely to facilitate the prospective investor’s own due diligence for which it shall be fully and
solely responsible.

The material contained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being
made by Agent or Seller or any of their respective representatives, affiliates, officers, employees, shareholders, partners and directors, as to the accuracy
or completeness of the information contained herein. Summaries contained herein of any legal or other documents are not intended to be comprehen-
sive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Neither the Agent or the
Seller shall have any liability whatsoever for the accuracy or completeness of the information contained herein or any other written or oral communication
or information transmitted or make available or any action taken or decision made by the recipient with respect to the Property. Interested parties are
to make their own investigations, projections and conclusions without reliance upon the material contained herein.

Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller
and Agent each expressly reserves the right, at their sole and absolute discretion, to reject any and all expressions of interest or offers regarding the
Property and/or to terminate discussions with any entity at any time, with or without notice. This offering is made subject to omissions, correction of
errors, change of price or other terms, prior sale or withdrawal from the market without notice. Agent is not authorized to make any representations or
agreements on behalf of Seller. Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing
additional investigation and/or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property
has been fully executed, delivered, and approved by Seller and any conditions to Seller’s obligations thereunder have been satisfied or waived. By taking
possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highly
confidential nature and will be held and treated in the strictest confidence and shall be returned to Agent or Seller promptly upon request; and (b) the
recipient shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property
without the prior written approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without
the prior written authorization of Seller or Agent or as otherwise provided in the Confidentiality and/or Registration Agreement executed and delivered
by the recipient(s) to:

                                                                  CARDO REALTY, LLC
                                                             851. S. Rampart Blvd., Suite 105
                                                                  Las Vegas, NV 89145
                                                                     (702) 857-1800
                                                                  josh@cardorealty.com

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Village Square - 9326-9440 W. Sahara Ave.                                                                                         Confidentiality .. Pg. 1
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Cardo Realty .. Investment Real Estate

                                                                                  SUNCOAST                   SUPERIOR LOCATION
                    SUMMERLIN                                                                       TIVOLI   Village Square is prominently locat-
                                                                                        CASINO
                  MASTER PLANNED                                                                 VILLAGE     ed amidst some of the most prom-
                                                         QUEENSRIDGE
                    COMMUNITY                                                                                inent master planned communities
                                                       MASTER PLANNED
                                                         COMMUNITY                           BOCA            in Las Vegas, with quick access to
                                                                                             PARK            the I-215 Freeway.

                   CHARLESTON BLVD
                                                                                                             The abundance of strong demo-
 I-215 BELTWAY

                                                                                                             graphics, surrounding retail, restau-
                 DOWNTOWN
                                                   PECCOLE RANCH   SITE                                      rant, office, medical, and municipal
                 SUMMERLIN                                                                                   amenities make this one of the most
                                               MASTER PLANNED
                                                    COMMUNITY                                                desireable locations in Las Vegas.
                                                                                          CANYON GATE
                                                                                          COUNTRY CLUB
                                                                                                             Retail property in this area is ex-
                      SAHARA AVE.                                                                            tremely limited and in high demand.

                                                                       FORT APACHE RD
                                    HUALAPAI WAY

                                                                                                             DEMOGRAPHICS
                                                       THE LAKES                          THE LAKES
                   SUMMERLIN                            MASTER                             MASTER                          1 Mi.           3 Mi
                 MASTER PLANNED                        PLANNED                            PLANNED            Pop:          21,727          151,592
                   COMMUNITY                          COMMUNITY                          COMMUNITY           HH Inc:       $95,070         $107,871

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Village Square - 9326-9440 W. Sahara Ave.                                                                           Trade Area Aerial .. Pg. 2
Village Square Mixed Use Center - Stabilized Investment with Future Redevelopment Upside - LoopNet
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    Cardo Realty .. Investment Real Estate

1. 9326     W. Sahara
Suite 1:      Kid to Kid
Suite 4:      Orange Theory
Suite 6:      Fred Astaire Dance Studio
2. 9330     W. Sahara                                              3
Suite 110     Kinderland Cafe                   5          4
Suite 130     Sylvan Learning Center
Suite 140     Vanity Beauty Boutique
                                                    6
Suite 150     The Coder School
Suite 160     Power Yoga
Suite 210     Pinnacle Comm. Assoc. Mgmt
Suite 220     La La Photography

                                                                                         T
Suite 230     Peccole Mgmt and Consulting       7

                                                                                       D
Suite 240     La La Photography

                                                                                     A
Suite 250     DeNovo Clinic

                                                                                   A
Suite 270     Bridge33 Capital, LLC
3. 9340     W. Sahara

                                                                              ,500
Suite 100     The Gents Place
Suite 103     Euphoria                                                 2
                                                8              1
Suite 104     Apex Healthcare Professionals
Suite 105     Khoury Restaurants

                                                                                   33
Suite 108     Euphoria Institute
Suite 202     Euphoria Institute
Suite 203     Euphoria Institute
Suite 204     Euphoria Institute                                                        LED PYLON
Suite 205     Euphoria Institute
4. 9350     W. Sahara
Suite 110     Archi's Thai Kitchen
Suite 120     Color Me Mine

                                                    36,500 AADT
Suite 130     Alligator Soup
Suite 140     Cold Stone Creamery
Suite 150     Hanabi
Suite 160     Settebello
5. 9400     W. Sahara
Suite 100     Regal Cinema
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    Village Square - 9326-9440 W. Sahara Ave.                              Property Aerial .. Pg. 3
Village Square Mixed Use Center - Stabilized Investment with Future Redevelopment Upside - LoopNet
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    Cardo Realty .. Investment Real Estate

6. 9410 W. Sahara
Suite 110 Spectacle
Suite 120 Therapie Clothes
Suite 130 Tomo Noodle
Suite 140 PT's                                                     3
Suite 150 Korean BBQ                            5          4
7. 9420 W. Sahara
Suite 100 Keller Williams
Suite 102 Maidenwhite                               6
Suite 104 Sharkey's Cuts for Kids
Suite 105 Phaze Laser Med Spa
Suite 106 Guild Mortgage Company

                                                                               T
Suite 108 Quest Diagnostics Inc                 7

                                                                                           AD
8. 9440 W. Sahara
Suite 105 Burgundy French Bakery/Cafe
Suite 115 Bloom

                                                                                         A
Suite 120 Aloha Golf Center
Suite 125 State Farm

                                                                                       0
Suite 130 Edward D Jones & Co

                                                                                     0
                                                                       2
Suite 135 Divine Threading                                     1

                                                                                   5
                                                8
Suite 140 Blow N Go

                                                                               33,
Suite 145 HQ Nails
Suite 150 Pro Cyclery
Suite 160 Viva Mercado's
Suite 170 Celestial Comics
Suite 175 Yojies Japanese Fondue                                                         LED PYLON
Suite 180 Grabbagreen
Suite 210 All Nevada Insurance
Suite 215 Auto Return
Suite 220 Pursiano Law Firm
Suite 225 NEPC LLC
Suite 237
Suite 240
          Havn Healthcare Management
          Vacant
                                                    36,500 AADT
Suite 243 Pro Cyclery - Office
Suite 245 Mission Loans, LLC
Suite 250 European Massage School

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    Village Square - 9326-9440 W. Sahara Ave.                              Property Aerial .. Pg. 4
Village Square Mixed Use Center - Stabilized Investment with Future Redevelopment Upside - LoopNet
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 Cardo Realty .. Investment Real Estate

INVESTMENT SUMMARY

Superior Location - Limited Supply
The property is surrounded by several of the most prominent master planned communities in Las Vegas including the Summerlin, Peccole
Ranch, and Queensridge master planned communities. Retail space and development opportunities are extremely limited in this submarket
and particularly at this major intersection, keeping demand high. The surrounding array of co-tenants bolster the overall traffic to the shopping
center.

Below Replacement Cost - Great Value
The property is priced well below replacement cost and has received major renovations over the previous years to the parking lot, landscaping
and other amenities. With the continual rise of construction costs, the property is well positioned to benefit from its relatively below market
replacement value.

Rent Upside Potential - Competitive Advantage - Daily Needs
Rents at the property are below market when compared to new construction projects and various competing properties in the area and many of
the tenants do not have long term options to renew. This gives you a competitive advantage and maximum flexibility over the competition to either
continue to position your rents below competitors and provide a cost competitive alternative or raise rents as the opportunity arises. The Tenant mix
is mainly comprised of service oriented businesses that are daily needs and/or require a physical presence.

Redevelopment Opportunity via Proposed Zoning Master plan
The City of Las Vegas is in the process of adopting a new City master plan, which would classify the center as a mixed use center and poten-
tially allow an owner to rezone the property to TOD1 or TOD2 (Transit Oriented Development). This new designation significantly increases the al-
lowed density and would permit the following: 4-5 story buildings, 30-40 unit per acre residential density, Substantially reduced surface parking

Declarant Rights - No Third Party Approval
The owner of the property is also holds the declarant rights for the CC&R's. Declarant rights would transfer to the new owner. There are no
other parties to the CC&R's which gives the owner/declarant maximum flexibility over the management and use of the shopping center.

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 Village Square - 9326-9440 W. Sahara Ave.                                                                                    Summary .. Pg. 5
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Cardo Realty .. Investment Real Estate

FINANCIAL SUMMARY                                                     BUILDINGS SUMMARY

PURCHASE PRICE: 		      $72,965,000                                   BUILDING SF		   245,625
NNN's:				              $1,324,431 annual est.                        BUILDINGS		     8
IN-PLACE NOI: 		        $4,592,562 annual   (as of 12/31/21)          YEAR BUILT 		   1997 - 2005
TOTAL BUILDING SF:		    245,625                                       CONSTRUCTION    Buildings 9350, 9400, 9410: concrete masonry
PRICE/BLDG SF: 		       $297                                          			             Building 9400 also has a metal bar joist system with
CAP RATE: 			           6.29%                                         			             metal decking. Buildings 9326, 9330, 9340, 9420,
OCCUPANCY: 			          98.36%                                        			             9440 are wood frame/stucco
                                                                      			             9330, 9340, 9440, 9420 are 2 story
PROPERTY SUMMARY                                                      ROOF			         Modified Bitumen. The following roofs are original:
                                                                      			             9340 (1998), 9350 (1998), 9410 (1998), 9330
ACREAGE 			             19.62 acres                                   			             (2004), 9440 (2005).
APN's 				              163-06-816-019; 027; 031; 034; 036; 037       			             The following two buildings were re-coated:
PARKING			              1180 Stalls (4.81/1000                        			             • 9326 (2017) – 15 year warranty
ZONING 			              C-1 (General Commercial) Clark County         			             • 9420 (2018) – 10 year warranty
POTENTIAL ZONING		      TOD1 (Transit Oriented Development -          HVAC			         Electric, split-system heat pump units.
				                    Mixed Use Center)                             			             Building 9400 and 9420 have roof mount
CC&R's			               Yes - Please refer to title report            			             ed air-cooled chillers
DECLARANT RIGHTS		      Owner is the declarant. No other third        ELECTRICAL 		   120/208 3 Phase
				                    party approvals are required.                 ELEVATORS		     Four hydraulic elevators in each two-story building
FLOOD ZONE:			          Zone X (Outside 500-year flood plain with     			             (9330, 9440, 9420, 9340) manufactured by
				                    less than 0.2% probability of flooding) per   			             Thyssen-Krupp with a capacity of 2,500 pounds.
				                    Map panel number 32003C2145F dated            			             Regal Entertainment Group has an elevator for which
				                    Nov. 16, 2011 and not in a special flood      			             they are responsible.
				                    hazard area.		                                SPRINKLERS		    The buildings are equipped with fire sprinklers
PYLON SIGN:			          50' electronic LED pylon

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Village Square - 9326-9440 W. Sahara Ave.                                                                           Summary .. Pg. 6
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Cardo Realty .. Investment Real Estate

REDEVELOPMENT OPPORTUNITY: Under the proposed City of Las Vegas master plan, the property would be eligible to be rezoned
under the TOD Mixed-Use Center designation. For more info: https://files.lasvegasnevada.gov/eud/Clv2050-Masterplan.pdf

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Village Square - 9326-9440 W. Sahara Ave.            City of Las Vegas Proposed Master Plan - Mixed-Use Center Definition .. Pg. 7
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Cardo Realty .. Investment Real Estate

Under the proposed City of Las Vegas master plan, the property is located in the Angel Park neighborhood.
For more info: https://files.lasvegasnevada.gov/eud/Clv2050-Masterplan.pdf

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Village Square - 9326-9440 W. Sahara Ave.               City of Las Vegas Proposed Master Plan - Angel Park Neighborhood .. Pg. 8
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                                                                    SITE

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Village Square - 9326-9440 W. Sahara Ave.   City of Las Vegas Proposed Master Plan - Angel Park Neighborhood .. Pg. 9
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  Cardo Realty .. Investment Real Estate

50' THREE SIDED DIGITAL LED PYLON SIGN

The shopping center features a 50 foot three sided digital LED pylon
sign on the corner of Sahara Ave and Fort Apache Rd. At one of
the busiest intersections in Las Vegas, this intersection generates
approximately 70,000 cars per day. The sign is available for Tenants
to advertise their business with still frame and video advertisements.
The sign has the potential to generate another $247,000 per year
in additional revenue.

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  Village Square - 9326-9440 W. Sahara Ave.                              Digital Pylon Sign .. Pg. 10
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Cardo Realty .. Investment Real Estate

                              9 3 2 6 W. S a h a r a
                              NNN Leased Retail Investment

                                                 FINANCIAL SUMMARY

                                                 IN-PLACE NOI: 		        $251,083 annual   (12/31/21)

                                                 NNN's:				              $51,921 annual est.
                                                 TOTAL BUILDING SF:		    9,615 SF
                                                 OCCUPANCY: 			          100%

                                                 PROPERTY SUMMARY

                                                 BUILDING 1			           9,615 SF
                                                 APN 				                163-06-816-031
                                                 YEAR BUILT 			          2002
                                                 ZONING 			              C-1 (General Commercial)
                                                 PARKING			              Cross Access Parking
                                                 CONSTRUCTION		          Wood frame Stucco
                                                 ROOF				                Modified Bitumen (Torch down)
                                                 				                    2017 (15 year warranty)
                                                 ELECTRICAL 			          120/208 3 Phase

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                                                       9326 W Sahara Ave., .. Las Vegas, NV 89117
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Cardo Realty .. Investment Real Estate

                                 Kid to Kid is a children’s resale franchise founded in 1992 on the principle that “kids grow
                                 faster than paychecks.”     Like
                                                         Grier Dr. a growing child, this franchise has grown steadily for 29
                                 years – even as other brick and mortar retailers struggle for survival. Kid to Kid has stores
                                 in the United States, Portugal, Spain, and Canada and recycles millions of items each year
                                 in over 100 stores.
                                 https://kidtokid.com/

                                 Orangetheory is a 1 hour, full body workout, focused on training endurance, strength
                                 and/or power. We use Heart Rate Based Interval Training, which burns more calories post
                                 workout than a traditional exercise. When wearing our Heart Rate monitors, your real time
                                 results are displayed on large screens throughout the studio. Intensity is based on your
                                 individual Heart Rate zones, making the workout effective for all fitness levels. To top it
                                 off, our fitness coaches to lead the workout to prevent you from over or under training.
                                 Orange Theory has 1,225 locations in operation. The lease is personally guaranteed.
                                 https://www.orangetheory.com/en-us/

                                 Fred Astaire Dance Studios, Inc. is a ballroom dance franchise chain of studios in the
                                 United States, Canada, Europe and around the world. Named after and co-founded by fa-
                                 mous dancer Fred Astaire. It is headquartered in Longmeadow, Massachusetts, USA. The
                                 company was co-founded by Astaire along with Charles and Chester Casanave in 1947.
                                 The lease is personally guaranteed.
                                 https://www.fredastaire.com/

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                              9 3 3 0 W. S a h a r a
                                    Retail/Office Investment

                                                       FINANCIAL SUMMARY

                                                       IN-PLACE NOI: 		       $539,973 annual    (12/31/21)

                                                       NNN's:				             $146,043 annual est.
                                                       TOTAL BUILDING SF:		   27,045 SF
                                                       OCCUPANCY: 			         100%

                                                       PROPERTY SUMMARY

                                                       BUILDING 			           27,045 SF
                                                       APN 				               163-06-816-019
                                                       YEAR BUILT 			         2004
                                                       ZONING 			             C-1 (General Commercial)
                                                       PARKING			             Parking Garage and Surface
                                                       CONSTRUCTION		         Wood frame Stucco
                                                       ROOF				               Modified Bitumen
                                                       ELECTRICAL 			         120/208 3 Phase

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                                                          9330 W Sahara Ave., .. Las Vegas, NV 89117
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Cardo Realty .. Investment Real Estate

             Kinderland Indoor Play and Café is a family business built to provide a fun space that both children and their
             parents can enjoy. Our business combines a safe, interactive indoor play area for infants and children up to 6
             years old with a parent friendly cafe that features
                                                         Grier Dr.gourmet coffee, snacks, and even free high speed internet.
             https://www.kinderlandcafe.com/

             At Sylvan, we’re focused on building academic confidence, igniting intellectual curiosity and inspiring a love
             for learning — all of which make a big impact in school and in life. For over 40 years, we’ve helped millions of
             students and families like yours achieve new levels of academic success.
             https://www.sylvanlearning.com/

             Vanity Body Sculpting uses cutting edge technology from NeurotriS to perform state of the art Body Sculpting
             procedures. Lose real inches in just 1 hour!
             https://vanitybb.com/

             We are an after-school drop-off (and virtual) program for kids learning to code - a coding school! There's af-
             ter-school kung fu. There's after-school music lessons, sports, art, tutoring, Chinese, you name it, it's out there.
             But coding for kids? We're among the first of many, and the largest in Silicon Valley with more locations on
             the way around the country.
             https://www.thecoderschool.com/

             Power Yoga Pilates and Fitness offers a variety of classes and personal training focused around health and well
             being through pilates, yoga and exercise.
             https://www.poweryogalv.com/class-descriptions

             Pinnacle Community Association Management (PCAM) opened its doors on March 1, 2006 and has since ob-
             tained clients ranging from condominiums, single family residences to high rise condominiums. PCAM employs
             a staff of fifty-two, all of which are stationed at the corporate office, on site communities, or in the field.
             http://www.pcamlv.com/home.html

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Village Square - 9330 W. Sahara Ave                                                                         Tenant Profiles .. Pg. 16
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                La La Photography offers affordable boutique photography services for special events and in studio sessions/
                https://www.lalaphotography.com/      Grier Dr.

                PMC offers beautiful commercial properties for lease in the most desirable neighborhoods and districts in Las
                Vegas. If you’re looking for an excellent rental with a management team that is dedicated to your success, you
                will find it with PMC.
                https://www.peccolemanagement.com/

                DeNovo Clinic is a Health and Wellness center that specializes in: - Weight Loss - Anti Aging- Nutrition - Med-
                ical Esthetics
                http://www.denovoclinics.com/

                Bridge33 is a vertically integrated commercial real estate firm focused on value-add investments. Bridge33’s
                current portfolio is comprised of 3.7 million square feet of retail and office properties across 17 states.
                https://www.bridge33capital.com/

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Village Square - 9330 W. Sahara Ave                                                                     Tenant Profiles .. Pg. 17
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Village Square - 9330 W. Sahara Ave      Parking Garage .. Pg.18
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  Cardo Realty .. Investment Real Estate

                                9 3 4 0 W. S a h a r a
                                       Retail/Office Investment

FINANCIAL SUMMARY

IN-PLACE NOI: 		        $595,063 annual    (12/31/21)

NNN's:				              $165,737 annual est.
TOTAL BUILDING SF:		    30,692 SF
OCCUPANCY: 			          100%

PROPERTY SUMMARY

BUILDING 			            30,692 SF
APN 				                163-06-816-034
YEAR BUILT 			          1998
ZONING 			              C-1 (General Commercial)
PARKING			              Surface/Cross Access
CONSTRUCTION		          Wood frame Stucco
ROOF				                Modified Bitumen
ELECTRICAL 			          120/208 3 Phase

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                                                           9340 W Sahara Ave., .. Las Vegas, NV 89117
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Cardo Realty .. Investment Real Estate

                       Founded in 2008, The Gents Place has created an entirely new category within the men’s grooming
                       industry. By providing world-class grooming services in an atmosphere of like-minded gentlemen,
                       complimentary top-shelf beverages,
                                                        Grierand
                                                              Dr. curated advice, The Gents Place experience is unlike any
                       other. Locations in Nevada, Texas, Arkansas, Kansas, and Illinois.
                       https://thegentsplace.com/

                       At the Euphoria Institute Cosmetology School Las Vegas campus, students learn the latest tech-
                       niques used in professional salons under the Pivot Point Designer's Approach – and have access to
                       professional products used by the pros. Inside our full-service Student Clinic Salon, students in Cos-
                       metology, Nail Technology and Aesthetics training take their skills to the salon floor and execute hair
                       cuts, color, and spa procedures in style. And experienced, professional instructors are right there to
                       guide you if you ever need a helping hand. Lincoln Tech is an American group of for-profit postsec-
                       ondary vocational institutions based out of West Orange, New Jersey. Each campus is owned and
                       operated by Lincoln Educational Services Corporation (Nasdaq: LINC), a provider of career-oriented
                       post-secondary education. As of the quarter ended March 31, 2019, Lincoln had 10,680 students
                       enrolled at 22 campuses.
                       https://www.lincolntech.edu/

                       We are committed to deliver services of well experienced, fully equipped, and highly qualified health-
                       care professionals who engage in a wide scope of practice such as nursing, physical therapy, occu-
                       pational therapy, and other allied health services.
                       http://apexhealthcarepro.com/

                         A full service restaurant with all the family recipes at their best. The Khoury Family present to you
                       authentic Lebanese cuisine with recipes that were handed down to us through the generations. All
                       of our menu items including every sausage, sauce, pickle and pita are made from scratch with the
                       freshest ingredients and spices right in our kitchen. Enjoy your home cooked Lebanese meal!
                       https://khouryslv.com/home/

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Village Square - 9340 W. Sahara Ave                                                                       Tenant Profiles .. Pg. 21
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                                 9 3 5 0 W. S a h a r a
                                NNN Leased Retail Investment

FINANCIAL SUMMARY

IN-PLACE NOI: 		        $438,370 annual    (12/31/21)

NNN's:				              $76,880 annual est.
TOTAL BUILDING SF:		    14,237 SF
OCCUPANCY: 			          100%

PROPERTY SUMMARY

BUILDING 			            14,237 SF
APN 				                163-06-816-034
YEAR BUILT 			          1998
ZONING 			              C-1 (General Commercial)
PARKING			              Surface/Cross Access
CONSTRUCTION		          Concrete Masonry Stucco
ROOF				                Modified Bitumen
ELECTRICAL 			          120/208 3 Phase

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                                                        9350 W Sahara Ave., .. Las Vegas, NV 89117
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Cardo Realty .. Investment Real Estate

                         Welcome to Archi’s Thai that serves your favorite Archi’s dishes – fast. Archi’s Thai is part of a lo-
                         cally-owned family of Archi’s Thai restaurants that served fresh and 100% authentic Thai dishes to
                         Las Vegas for over a decade. Our
                                                        Griermenu
                                                              Dr. is based on real family recipes passed down through gen-
                         erations that our founder brought with him from Thailand. At Archi’s Thai, we’ve selected the most
                         popular dishes and made them available to you fresh, fast and easy. Our original restaurants have
                         been honored with awards over the years, including the Michelin and Zagat guides, as well as Best of
                         Las Vegas and Talk of the Town. Archi's has 4 locations in town.
                         https://www.archisthai.com/

                         Color Me Mine is the leader in the contemporary ceramics industry. Each location is an upscale
                         art-as-entertainment studio offering unfinished ceramics and other craft media. Customers enter
                         a relaxing environment, choose one of 400 unfinished pieces, and spend an hour or two painting
                         it to express their own vision. Ceramic pieces are left to be glazed and fired, then picked up later.
                         President Mike Mooslin says, “As the only international chain in the contemporary ceramics industry,
                         Color Me Mine is addressing the industry’s concerns that this is a fad and that it’s an easy business
                         to enter. Our focus is on long-term stability through product diversification, proprietary innovations,
                         centralized marketing, and operating systems that are difficult and expensive for independent oper-
                         ators to replicate.”
                         https://www.colormemine.com/

                         Alligator Soup is a full service stationery, gift and home decor boutique that has proudly served
                         the Las Vegas community for almost 40 years. Alligator Soup offers assistance in creating wedding
                         invitations with accompanying pieces, business and/or personalized stationery and custom holiday
                         cards. The boutique also carries a unique selection of gifts, greeting cards and trendy home pieces
                         while offering gift wrapping services.
                         https://alligatorsoup.com/

                         For more than 30 years we’ve served up the finest, freshest ice cream, cakes, smoothies and shakes
                         using only the highest quality ingredients, and of course, our signature process of preparing your
                         custom ice cream creation on a frozen granite stone. Learn more about us at the links below! Cold-
                         stone operates over 1,100 locations
                         https://www.coldstonecreamery.com/

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Cardo Realty .. Investment Real Estate

                           Hanabi Japanese restaurant offers customizable Sushi Platters, Teppanyaki , Sashimi and all of your
                           Japanese favorites.We have aGrier
                                                        full bar
                                                             Dr. and can cater to all of your needs.
                           https://www.hanabivegas.com/

                           Settebello was established in 2005 and was one of the first pizzerias in the United States to recreate
                           Pizza Napoletana as it has been made in Napoli for centuries. Napoli, Italy is the birthplace of pizza
                           and one of the most unique, chaotic and beautiful cities in the world. Settebello was created to
                           re-create Pizza Napoletana as it has been made in Napoli for more than 200 years. Our promise to
                           our guests and ourselves is to protect the DOC designation granted to us by the Associazione Ver-
                           ace Pizza Napoletana (VPN). The VPN certifies pizzerias all over the world to ensure the integrity of
                           the pizza making process as it was created in Napoli centuries ago. Settebello is proud to be one of
                           the first pizzerias ever certified by the VPN in the United States and we hope you will enjoy the tradi-
                           tions, sounds and flavors of the city we love. THere are two locations in Las Vegas and one ins Utah.
                           https://www.settebello.net/las-vegas

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Village Square - 9350 W. Sahara Ave                                                                       Tenant Profiles .. Pg. 25
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Cardo Realty .. Investment Real Estate

                                 REGAL CINEMA
                                     NNN Leased Investment

                                                    FINANCIAL SUMMARY

                                                    IN-PLACE NOI: 		        $700,000 annual    (fixed for 5 years)

                                                    NNN's:				              $161,536 annual est.
                                                    TOTAL BUILDING SF:		    70,000 SF
                                                    OCCUPANCY: 			          100%
                                                    COMMENCEMENT DATE:      12/12/97
                                                    EXPIRATION DATE:		      12/31/27
                                                    RENEWAL OPTIONS		       Three 5 year options with $50,000
                                                    				                    annual increases every five years
                                                    PROPERTY SUMMARY

                                                    BUILDING 			            70,000 SF
                                                    APN 				                163-06-816-036
                                                    YEAR BUILT 			          1997
                                                    ZONING 			              C-1 (General Commercial)
                                                    PARKING			              Surface/Cross Access
                                                    CONSTRUCTION		          Concrete Masonry/Stucco
                                                    ROOF				                Modified Bitumen
                                                    HVAC				                Water Tower/Air Cooled Chillers
                                                    ELECTRICAL 			          120/208 3 Phase

                                                                                 .
                                                            9400 W Sahara Ave., .. Las Vegas, NV 89117
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    Cardo Realty .. Investment Real Estate

1. 9326     W. Sahara
Suite 1:      Kid to Kid
Suite 4:      Orange Theory
Suite 6:      Fred Astaire Dance Studio
2. 9330     W. Sahara                                            3
Suite 110     Kinderland Cafe                 5          4
Suite 130     Sylvan Learning Center
Suite 140     Vanity Beauty Boutique
                                                  6
Suite 150     The Coder School
Suite 160     Power Yoga
Suite 210     Pinnacle Comm. Assoc. Mgmt
Suite 220     La La Photography

                                                                                       T
Suite 230     Peccole Mgmt and Consulting     7

                                                                                     D
Suite 240     La La Photography

                                                                                   A
Suite 250     DeNovo Clinic

                                                                                 A
Suite 270     Bridge33 Capital, LLC
3. 9340     W. Sahara

                                                                            ,500
Suite 100     The Gents Place
Suite 103     Euphoria                                               2
                                              8              1
Suite 104     Apex Healthcare Professionals
Suite 105     Khoury Restaurants

                                                                                 33
Suite 108     Euphoria Institute
Suite 202     Euphoria Institute
Suite 203     Euphoria Institute
Suite 204     Euphoria Institute                                                      LED PYLON
Suite 205     Euphoria Institute
4. 9350     W. Sahara
Suite 110     Archi's Thai Kitchen
Suite 120     Color Me Mine

                                                  36,500 AADT
Suite 130     Alligator Soup
Suite 140     Cold Stone Creamery
Suite 150     Hanabi
Suite 160     Settebello
5. 9400     W. Sahara
Suite 100     Regal Cinema
                                                                                           .
    Village Square - 9400 W. Sahara Ave                                  Property Aerial .. Pg. 27
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Cardo Realty .. Investment Real Estate

                              9 4 1 0 W. S a h a r a
                              NNN Leased Retail Investment

                                                   FINANCIAL SUMMARY

                                                   IN-PLACE NOI: 		        $458,033 annual    (12/31/21)

                                                   NNN's:				              $82,442 annual est.
                                                   TOTAL BUILDING SF:		    15,267 SF
                                                   OCCUPANCY: 			          100%

                                                   PROPERTY SUMMARY

                                                   BUILDING 			            15,267 SF
                                                   APN 				                163-06-816-037
                                                   YEAR BUILT 			          1998
                                                   ZONING 			              C-1 (General Commercial)
                                                   PARKING			              Surface/Cross Access
                                                   CONSTRUCTION		          Concrete Masonry Stucco
                                                   ROOF				                Modified Bitumen
                                                   ELECTRICAL 			          120/208 3 Phase

                                                                         .
                                                    9410 W Sahara Ave., .. Las Vegas, NV 89117
.
Cardo Realty .. Investment Real Estate

                           Our Mission is to provide you and your family with the highest quality eyecare, eyewear and service.
                           Our office offers digitally enhanced computer assisted eye exams allowing us to provide incredibly
                           accurate prescriptions. We also provide early detection and treatment of ocular disease and injury,
                                                         Grier Dr.
                           complete contact lens services including contacts for astigmatism and multifocals and co-manage-
                           ment for laser refractive, cataract and glaucoma surgery. Our belief at Spectacle is that the look of
                           your eyeglasses is as important as how you see out of them. That’s why we offer frame styling so that
                           you can leave our office looking your best. We are proud to announce that Spectacle was awarded
                           the 2015 Optometry Las Vegas Patients’ Choice Award. We are proud to announce that Spectacle
                           and Dr. Vanessa Kojima Kim have been selected as one of the Best Optometrists in Las Vegas 2016.
                           We are proud to announce that Spectacle and Dr. Vanessa Kojima Kim have again been selected as
                           one of the Best Optometrists in Las Vegas 2018.
                           https://www.spectaclelv.com/√

                           "A boutique where contemporary and bohemian styles collide to bring you wearable trends for all of
                           life's adventures. Serving women size XS through 3X. We all need a little Therapie, come find it here."
                           https://shoptherapie.com/

                           TOMO / 9TH Island Grill restaurant is located within Village Square in west Las Vegas. An inviting
                           and lively setting serving quality interpretations of classic ramen, dumplings, burgers, boba milk/fruit
                           teas and offers a flavorful Hawaiian fusion menu. Our second TOMO is serving up a flavorful menu
                           featuring a variety of savory ramen, dumplings, sandwiches and fried rice. located at The Outlets at
                           San Clemente CA.
                           https://www.tomoramen.com/

                           PT's Taverns is owned by Golden Entertainment, a gaming company based in Las Vegas, Nevada that
                           operates casinos, taverns and slot routes. It was formed in 2015 by the merger of Golden Gaming
                           (founded in 2001 by Blake Sartini) and Lakes Entertainment. It is the largest tavern operator and larg-
                           est slot route operator in Nevada, employs 7,200 employees and is traded on the NASDAQ: GDEN
                           https://www.goldenent.com/pts-entertainment-group.html

                           Yukga Korean BBQ offers traditional Korean BBQ recipes from Korea. Korean Michelin Chefs came
                           from Korea. You can taste the best Hotel Quality Korean BBQ in local price.
                           https://yukga-korean-bbq.business.site/

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Village Square - 9410 W. Sahara Ave                                                                       Tenant Profiles .. Pg. 30
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   Cardo Realty .. Investment Real Estate

                                 9 4 2 0 W. S a h a r a
                                    NNN Retail/Office Investment

FINANCIAL SUMMARY

IN-PLACE NOI: 		        $624,203 annual    (12/31/21)

NNN's:				              $142,695 annual est.
TOTAL BUILDING SF:		    26,425 SF
OCCUPANCY: 			          100%

PROPERTY SUMMARY

BUILDING 			            26,425 SF
APN 				                163-06-816-037
YEAR BUILT 			          1998
ZONING 			              C-1 (General Commercial)
PARKING			              Surface/Cross Access
CONSTRUCTION		          Wood Frame Stucco
ROOF				                Modified Bitumen
ELECTRICAL 			          120/208 3 Phase

                                                                               .
                                                          9420 W Sahara Ave., .. Las Vegas, NV 89117
.
Cardo Realty .. Investment Real Estate

                           Keller Williams Las Vegas was founded by Debbie Zois and Dave Jenks in 2006. Debbie has been
                           awarded entrepreneur of theGrier
                                                        yearDr.
                                                             by the Women's Council and Dave has served over 30 years as a
                           master trainer, business consultant, executive leader and is co-author of the Millionaire Real Estate
                           Agent.
                           https://www.whykwlsvegas.com/

                           We aim to be something totally new in Vegas: a modern luxury bridal salon featuring couture and
                           designer wedding gowns & accessories. But we’re here to redefine the word “luxury” for our brides.
                           To us, luxury is all about the experience; from thoughtful little details along the way to a pristine, con-
                           temporary salon (we promise you’re going to want to take lots of photos in our store!) Our incredible
                           staff a.k.a. your new BFF’s are here to help you find the dress of your dreams and create some un-
                           forgettable memories along the way!
                           https://maidenwhite.com/

                           Our Mission is to create an entertaining experience for kids ages 0-14 by providing a superior haircut
                           with warm, experienced stylists in a meticulously clean place filled with fun! Salons operate across the
                           US, Canada, Europe, and the Middle East with global commitments for over 200+ salons, making us
                           the fastest growing children’s hair salon franchise according to Franchise Times 2008. Award Win-
                           ning Kids Hair Salon Franchise – 2016, 2017, 2018, 2019, 2020!
                           https://sharkeyscutsforkids.com/

                           Dr. Thaker specializes in multimodal aesthetic treatment, a specialized cosmetic surgery approach
                           that focuses on the use of minimally invasive procedures, and astute attention to health and wellness
                           of the patient, to arrive at a singular, beautiful result. In support of this goal, Dr Thaker has trained
                           with some of the world’s foremost cosmetic surgeons in the areas of liposuction, facial surgery, and
                           hair restoration. Dr Thaker has university training certification in hair transplantation from the Univer-
                           sity Hospital of Athens, Greece. He offers a unique hair transplant technique, that involves implanting
                           each follicle by the doctor’s own hand and without traditional incisions.
                            https://phazelaser.com/

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Village Square - 9420 W. Sahara Ave                                                                         Tenant Profiles .. Pg. 33
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Cardo Realty .. Investment Real Estate

                           Over the past 60 years, we’ve been bringing our customers home, building trust with our partners
                           and creating foundations for our employees to thrive. We have borrowers whose children and family
                           have become customers. Some of our employees have been with Guild for more than 40 years. Our
                           focus on creating customers for life will ensure we’ll be here to continue building lifetime connections
                           for many years to come.
                           https://www.guildmortgage.com/

                           Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the
                           world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify
                           and treat disease, inspire healthy behaviors and improve health care management. Quest annually
                           serves one in three adult Americans and half the physicians and hospitals in the United States, and
                           our 47,000 employees understand that, in the right hands and with the right context, our diagnostic
                           insights can inspire actions that transform lives.
                           https://www.questdiagnostics.com/home/

                                                                                                                          .
Village Square - 9420 W. Sahara Ave                                                                       Tenant Profiles .. Pg. 34
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Cardo Realty .. Investment Real Estate

                              9 4 4 0 W. S a h a r a
                                    Retail/Office Investment

                                                        FINANCIAL SUMMARY

                                                        IN-PLACE NOI: 		        $985,838 annual    (12/31/21)

                                                        NNN's:				              $280,714 annual est.
                                                        TOTAL BUILDING SF:		    51,984 SF
                                                        OCCUPANCY: 			          92%

                                                        PROPERTY SUMMARY

                                                        BUILDING 			            51,984 SF
                                                        APN 				                163-06-816-027
                                                        YEAR BUILT 			          2005
                                                        ZONING 			              C-1 (General Commercial)
                                                        PARKING			              Surface/Cross Access
                                                        CONSTRUCTION		          Wood Frame Stucco
                                                        ROOF				                Modified Bitumen
                                                        ELECTRICAL 			          120/208 3 Phase

                                                                             .
                                                        9440 W Sahara Ave., .. Las Vegas, NV 89117
.
Cardo Realty .. Investment Real Estate

                  Born and raised in France having worked with some of the finest epicureans, Chef Florent Cheveau decided
                  to move to Las Vegas in 2007 where he was inspired by Chef Jean-Philippe Maury and was given the oppor-
                  tunity to work alongside the prestigious Chef.
                                                        Grier Dr. It was where he began his journey at Jean-Philippe Patisserie in
                  Bellagio followed by the Aria as an Assistant Executive Pastry Chef.

                  In 2015, he gladly accepted his role as Executive Pastry Chef position at MGM Grand. As if that wasn’t enough,
                  Chef Florent further pushed the limits of his culinary prowess by winning the US Chocolate Masters com-
                  petition thus becoming the U.S. representative at the 2018 World Chocolate Masters competition in France
                  where he placed 3rd overall and 1st place at degustation. From there he opened Burgundy Bakery & Cafe, an
                  homage to his family’s roots.
                  http://burgundybakery.com/

                  With three locations in Boulder City, Henderson & Las Vegas, we are known for our beautiful hand painted
                  furniture, featuring the amazing Chalk Paint® by Annie Sloan. It is the Real & Original. At Bloom our team can
                  guide you and help you create your desired look. With little to no prep you will love this DIY friendly product.
                  The perfect choice for giving your kitchen or bath cabinets an updated look. We carry a wide variety of home
                  decor items, gifts & so much more.
                  https://www.bloombc.com/

                  With locations in Las Vegas and Honolulu, Aloha golf is locally owned and operated since 2010. JWe’re always
                  testing and tinkering and offer real world insight on most of the latest and greatest in golf equipment. At AGC
                  we carry premium golf equipment, shafts, and accessories from the most popular U.S. manufacturers. We also
                  pride ourselves on offering exotic and hard to find equipment and shaft offerings from Japan.
                  https://www.alohagolfcenter.net/

                  State Farm is a mutual company that makes its primary focus its policyholders. Our more than 58,000 employ-
                  ees and more than 19,000 independent contractor agents service 83 million policies and accounts throughout
                  the U.S.
                  https://www.statefarm.com/

                  Edward D. Jones & Co., L.P., simplified as Edward Jones, is a financial services firm headquartered in St.
                  Louis, Missouri, United States. It serves investment clients in the U.S. and Canada, through its branch
                  network of more than 15,000 locations and 19,000 financial advisors.
                  https://www.statefarm.com/

                                                                                                                         .
Village Square - 9440 W. Sahara Ave                                                                      Tenant Profiles .. Pg. 38
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Cardo Realty .. Investment Real Estate

                  With four locations in Las Vegas, Divine Threading is a hub of skin care regimes which caters to the clientele
                  needs by proper consultation with the expert of that beauty service before the treatment. Our beauty nest
                  serves you with services like threading, waxing,
                                                        Grier Dr. henna tattoo, henna brows, lash lift, lash extension, permanent
                  makeup, facials, skin treatments and teeth whitening. Special henna tattoo for cancer survivors at the salon.
                  https://www.divinethreading.com/

                  Blow N Go Hairbar™ full-service hair care salon, providing a wide-range of services – Cuts, Color, Perms,
                  Styles. We’ll have you looking and feeling your best in under an hour, creating lasting beauty on-the-go any
                  day of the week, for any occasion, or none at all. https://blowngohairbar.com/

                  Our Salon offers a unique beauty and wellness journey tailored to your specific well-being needs. Featuring
                  natural organic services as well as result-driven treatments, we are committed to providing you with insight to
                  a better, healthier state-being. Our luxurious, modern inspired salon seamlessly balances both your needs and
                  appearance through spectacular spatial offerings including signature spa pedicure and manicure treatments,
                  stunning nail designs, top brand name products, and a warm, welcoming space.
                  https://hqnailslasvegas.com/

                  Since 1984, Pro Cyclery has been meeting the needs of cyclists in Las Vegas, surrounding communities and
                  states and has even developed an international following. We are a family-owned shop dedicated to excel-
                  lence in customer service from the point of sale to maintenance and repair.
                  https://www.procyclery.com/

                  Viva Mercado’s is the culmination of the life work of Robert Mercado where we proudly serve a large variety
                  of traditional Mexican dishes with a homemade taste. Our restaurant is a lively family-and-friends restaurant
                  for all occasions.
                  https://vivamercadoslv.com/

                  Celestial Comics is your premier location in Las Vegas for comic books, toys and collectibles. You will find a
                  large selection of comic books ranging from the newest releases to silver age back issues.
                  https://celestial-comics.com/

                 At Yojie Japanese Fondue Restaurant, we REDEFINE the average restaurant EXPERIENCE with our interactive,
                 "cook it yourself” style dining. We offer HEALTHY Shabu Shabu & Sukiyaki and use only the freshest produce.
                 Finish off the Yojie Experience with a glass of premium Sake or our INDULGENT Chocolate Fondue, made with
                 AUTHENTIC Swiss chocolate.
                 https://www.yojie.com/
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Village Square - 9440 W. Sahara Ave                                                                  Tenant Profiles .. Pg. 39
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Cardo Realty .. Investment Real Estate

                   Founded in 2013, Grabbagreen® is a quick service restaurant where great tasting, healthy food meet the
                   speed and convenience of traditional fast food. Grabbagreen’s Eat Clean® menu is made up of fresh ingredi-
                   ents and whole foods. The menu is based     around super food ingredients and offers a full selection of grain
                                                        Grier Dr.
                   and green-based bowls that can also be made into wraps. The menu also offers fresh-pressed juices, hand-
                   crafted smoothies, acai bowls, breakfast, and healthy kid-friendly items. All signature menu items are prepared
                   fresh, made-to-order, and provide a delicious experience for customers that also meet some dietary needs.
                   https://www.grabbagreen.com/index.php

                   All Nevada Insurance has been in business since 2002 and has several convenient locations throughout the
                   Las Vegas & Henderson area. We offer a wide array of insurance products including auto, property, commer-
                   cial and life insurance.
                   https://www.allnevadainsurance.com/
                   We formed AutoReturn in 2002 to improve law enforcement towing and impound operations in just one
                   city. Since then, we’ve learned and grown along with our communities. Now the AutoReturn team is almost a
                   hundred people, and our platform helps over two dozens of cities, counties and states worldwide run more
                   smoothly. We’re here to make law enforcement towing management easier for everyone.
                   https://www.autoreturn.com/locations/

                   Pursiano Barry Bruce Demetriades Simon LLP represents clients against builders and developers harmed by
                   poor workmanship, defective construction, and storm damage. In addition to our construction defect matters,
                   we are experienced in business litigation, personal injury, and insurance claims for storm damage. Our clients
                   include condominium and homeowner associations, apartment complex owners, hotel owners, student hous-
                   ing owners, single-family homeowners, and commercial property owners.
                   https://www.pbbds.com/

                   Employee-owned NEPC is one of the industry’s largest independent, full-service investment consulting firms1,
                   serving over 350 retainer clients with total assets over $1.3 trillion. Known for incisive expertise, exceptional
                   service, and results, NEPC’s collective client base has outperformed the Investment Metrics/ICC median in 28
                   of the 34 years since our founding in 1986.
                   https://www.nepc.com/about-us
                 Havn Health Care/Strive Psychiatry has locations in Nevada and Utah and offers a wide variety of mental
                 health services and is proud to be one of the leading providers of TMS therapy in Utah and Nevada. This new
                 treatment is administered by outstanding, board-certified psychiatrists who work with patients to find the right
                 plan for their stress, anxiety, and depression.
                 https://www.strivemental.com/
                                                                                                                        .
Village Square - 9440 W. Sahara Ave                                                                    Tenant Profiles .. Pg. 40
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Cardo Realty .. Investment Real Estate

                        Founded in 1989, Residential Bancorp/Mission
                                                        Grier Dr.        Loans is committed to making the home-buying expe-
                        rience simple and enjoyable for its customers from start to finish. Our mission is to become the first
                        choice and a household name throughout the United States for home loans. With a vibrant, team-orient-
                        ed corporate culture and a proven track record of success, Residential Bancorp is poised to become a
                        leader in the mortgage lending sector. Led by talented, visionary executives, our experienced and knowl-
                        edgeable associates provide superior customer service to our consumers, realtors and builders.
                        https://www.bancorpretail.com/summerlin/

                        The European Massage Therapy School (EMTS) is a therapeutic massage school in Las Vegas, Nevada.
                        EMTS has been helping people start new and rewarding careers for over 17 years. Our school is Ac-
                        credited by Accrediting Bureau of Health Education Schools (ABHES) and is approved by the Nevada
                        Commission on Post-secondary Education. We provide a comprehensive, academically challenging 610-
                        hour program to prepare students for employment in the profession of Massage Therapy. Our classes
                        provide for thorough understanding of Massage Therapy, related disciplines and skills needed to excel
                        in the industry.
                        https://www.school-for-massage.com/las-vegas-campus/

                                                                                                                        .
Village Square - 9440 W. Sahara Ave                                                                     Tenant Profiles .. Pg. 41
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Cardo Realty .. Investment Real Estate

                                         Grier Dr.

                                                                    .
Village Square - 9440 W. Sahara Ave                  Office Interior .. Pg. 42
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Cardo Realty .. Investment Real Estate

                                         Joshua Thomas          Cardo Realty, LLC
                                         (702) 857-1800         851 S. Rampart Blvd. #105
                                         josh@cardorealty.com   Las Vegas, NV 89145

                                                                                                 .
Village Square - 9326-9440 W. Sahara Ave.                                               Contact ..   Pg. 43
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