Project Category: Substantial Improvement Property
We plan to purchase and develop the prime entrance commercial property at the world largest industrial park. (we control 5 of the 23 acre site). We have planned for over 50,000 sq. ft of office, 80,000 sq. ft. of retail, two hotel sites, and a free standing full service restaurant site, on 23 ares. This project is in a qualified Opportunity Zone with huge demand for commercial services. We have interest from national tenants and hotel groups. More info can be provided.
Project Qualification: Substantial Improvement PropertyReal Estate:
Total Capital Required: $40,000,000Equity Required: $12,000,000Debt Required: $28,000,000Project Control: We own all the key propertyTimeline: Less than 30 daysAddress: 100 USA Pkwy McCarran Nevada 89434 United StatesFile: Capital-Raise-Sheet.pdf
Tahoe Reno Industrial Center "TRI" is the largest industrial park in the world and home to Tesla's gigafactory, as well as Google, Apple, Switch, Blockchains, Walmart, Amazon, Petsmart, Chewy.Com, and many more. The entire county, "Storey County, NV ", is a qualified Opportunity Zone. There are currently over 16,000 daily workers, and growing, (estimated to be well over 20,000 employees by 2020), with minimal commercial services. This is an opportunity to develop the best commercial properties at the entrance to TRI. Low unemployment, high wages, huge demand for commercial services, in a dynamically growing area.