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In the heart of Henderson<br />
there is a place prestigious enough for your business<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
<strong>Ridgeview</strong> Professional Complex<br />
1080 & 1090 Horizon Ridge Pkwy.
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
Atop gently rolling hills, in the heart of Henderson is a<br />
spectacular professional complex unlike any other. Just<br />
West of Gibson Road on Horizon Ridge Parkway is <strong>Ridgeview</strong><br />
Professional Complex.<br />
As you approach these grand buildings you soon realize<br />
that these buildings were designed with a special kind of<br />
person in mind. A person with uncompromising taste who<br />
appreciates the fi ner things in life and never settles for<br />
second best.<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
2
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
View of the Las Vegas Strip from <strong>Ridgeview</strong> Professional<br />
Complex.<br />
# 1090<br />
AVAILABLE<br />
# 1080<br />
AVAILABLE<br />
Gibson Rd.<br />
1080 and 1090 Horizon Ridge Pkwy. and the Vantage Lofts<br />
under construction behind <strong>Ridgeview</strong> Professional Complex.<br />
SOLD<br />
Horizon Ridge Pkwy.<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
3
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
The doors, railings and molding throughout the<br />
building are made from the fi nest hand carved<br />
mahogany from India. Each interior and exterior<br />
door features beautiful leaded beveled glass.<br />
Above the main entry is a fantastic chandelier<br />
that sets the ambiance and mood of the building<br />
as that of splendor and wealth.<br />
Styled with a fl are of Georgian architecture, <strong>Ridgeview</strong> Professional<br />
Complex provides a sense of quality and care. As you walk into<br />
the grand entryway you step onto beautiful travertine tile fl oors<br />
offset by a double staircase, and a beautiful garden fountain in<br />
the center.<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
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<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
The elegance is carried on to the second fl oor of each building and is fi nished with an elegant butter<br />
colored paint, a lush, dark green, high quality carpet, recessed lighting and beautiful hand carved<br />
mahogany accents throughout.<br />
Each suite in both buildings features multiple large windows with spectacular city views. Each suite is in<br />
grey shell condition to allow you to build out each suite to meet your specifi c needs and tastes.<br />
Each building has multi-zone air conditioning, men’s and women’s restrooms on each fl oor fi nished with<br />
Travertine title and high end fi xtures.<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
5
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
First Floor<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
6
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
Second Floor<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
7
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
The Area<br />
Henderson has continued to grow by leaps and bounds on the past few years. With communities like Green Valley Ranch, McDonald Highlands,<br />
Crystal Ridge, Anthem, Seven Hills and others Henderson has become one of the most prestigious communities in Southern Nevada.<br />
With all of this growth some areas have become popular for retail and offi ce development to support this growing, high-end community. Horizon<br />
Ridge Parkway is one of these areas.<br />
Overall though there has been some offi ce product built most of it has been for lease or for smaller users. <strong>Ridgeview</strong> Professional Complex is a<br />
rarity as one of the few class A+ offi ce<br />
developments to be offered in this highend<br />
community for sale.<br />
<strong>Ridgeview</strong> Professional Complex<br />
was developed and built by Pelican<br />
Development. Pelican Development<br />
is a local developer with plans to build<br />
a fi rst class offi ce, retail and residential<br />
destination at the intersection of Horizon<br />
Ridge and Gibson. Pelican’s vision is<br />
to create a unique environment fi tting<br />
to the high-income community that<br />
surrounds it. Now under construction is<br />
Caritas Horizon Plaza a mixed use retail/<br />
offi ce/high-rise project and across the<br />
way is Tuscany Plaza another mixed use<br />
project now in the planning stages.<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
8
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
The Area<br />
The developer of Crystal Ridge, the multimillion dollar gated<br />
community in Henderson is expected to build 472 homes along<br />
the hillside between Green Valley Pkwy. and Gibson Rd. and<br />
are expected to be the most expensive single family homes in<br />
the Las Vegas Valley.<br />
whether any preferential treatment was given to the developer who was represented<br />
before the City Council by former Henderson City Manager Bob Campbell. City officials<br />
maintain no preference was given.<br />
The project had its critics from the beginning, with residents submitting a petition with<br />
hundreds of people opposing the project, arguing it would detract from the beauty of<br />
the hillsides by allowing 65 homes on top of the ridgeline.<br />
The city granted the waiver from the hillside ordinance<br />
soon after it had been updated in April 2004. Those<br />
changes were cosmetic and didn't facilitate the waiver<br />
that was granted, council members said.<br />
Zoning approved on the 632-acre site in October 1995<br />
didn't guarantee a set number of homes, but a plan at<br />
the time called for 745 homes that would disturb about<br />
262 acres of hillside.<br />
Under the city's hillside ordinance adopted in 1997, the<br />
project was entitled to a maximum of 343 homes that<br />
would disturb 151 acres. A ridgeline on the project was<br />
listed as sensitive because of its prominence and<br />
development on it was precluded.<br />
Engineer Darren Bench,<br />
president of CVL<br />
Consultants, looks over the<br />
Crystal Ridge residential<br />
development in Henderson<br />
in April.<br />
Photo by Steve Marcus<br />
But in granting a waiver in June 2004, the city allowed<br />
the developer to boost the total number of homes by 129 and the right to disturb an<br />
additional 58 acres of the hillside. Officials also waived the requirement that homes be<br />
built no closer than 100 feet from a sensitive ridgeline, essentially allowing 65 homes<br />
on its top. Portions of the ridgeline do not qualify as sensitive because a higher<br />
ridgeline is farther to the south, city officials said.<br />
The ridgeline development requires the removal of up to 50 feet from its top, but city<br />
officials said that would be much less intrusive than what the codes allowed the<br />
developer to do.<br />
By using the 100-foot setback, the developer would have had to significantly cut into<br />
the side of the hillside and fill a slope over 450 feet high - resulting in scarring of the<br />
hillside.<br />
In getting the waivers, the developer agreed to minimize the hillside disturbance by<br />
concentrating density and grading in canyon areas visible only on the development.<br />
Some 176 lots, or 36 percent, aren't visible from those looking at the hillside.<br />
Henderson had the region's first hillside ordinance, which was modeled after one in<br />
Scottsdale, Ariz. Clark County borrowed from Henderson's ordinance when it adopted<br />
its own in 2000, but took it a step further by limiting density and protecting ridgelines<br />
even more.<br />
Henderson officials said no other development within the current city limits will<br />
approach Crystal Ridge's height. Much of the hillside property is either owned by the<br />
city or at much lower elevation.<br />
Brian Wargo covers real estate and development for In Business Las Vegas and its<br />
sister publication, the Las Vegas Sun. He can be reached at (702) 443-3604 or by e-<br />
mail at wargo@lasvegassun.com.<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
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<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
The Area<br />
1.<br />
2.<br />
3.<br />
<strong>Ridgeview</strong> Professional Complex<br />
Caritas Horizon Plaza<br />
Tuscany Plaza<br />
4. Foothills Plaza<br />
(Timbers, Metro Pizza, Ta Ta Sushi,<br />
Salon, BBQ Masters, Joe’s Pizza, 7-<br />
11)<br />
5. Horizon Plaza (Albertson’s,<br />
Blockbuster, Sav-on, salon)<br />
6. ______________ (Walgreens,<br />
Starbucks, Subway, Little Dumplings<br />
7. Stephanie Beltway Plaza (Gold’s<br />
Gym anchored)<br />
8. Shell Gas Station & Ventana Italian<br />
Restaurant<br />
9. Horizon Ridge Plaza (under<br />
construction)<br />
10. Parkridge Retail Center (Salon, Pizza,<br />
Gymboree, Tanning)<br />
11. McDonald Highlands Country Club<br />
Center (Dry Cleaner, Chiropractor,<br />
Valley Cheese & Wine, Shabu-<br />
Shabu, Quiznos Sub)<br />
12. Black Mountain Community Bank<br />
Center (office for lease)<br />
13. CVS Pharmacy<br />
14. Walgreens Pharmacy<br />
15. Chevron<br />
16. The District<br />
17. The District II<br />
18. Highland Plaza (office for sale)<br />
19. Horizon Gardens (office for sale or<br />
lease)<br />
16<br />
15<br />
14<br />
17<br />
13<br />
11 12<br />
10<br />
9<br />
18 19<br />
8<br />
7<br />
4<br />
5<br />
6<br />
CRYSTAL RIDGE<br />
Much of the commercial development over the last few years has been predominately retail strip<br />
centers and smaller office buildings along the Horizon Ridge Corridor. There is a strong need for<br />
high-end larger office space for sale in this area.<br />
Demographics 1 mile 3 miles 5 miles<br />
Population 9,589 88,752 231,859<br />
Avg. HH Income $107,871 $95,057 $88,375<br />
1 2<br />
3<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
10
<strong>Ridgeview</strong> Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy.<br />
Property Summary<br />
• Two Class A+ offi ce buildings for sale<br />
• Total Building Square Footage: +/- 20,000 SF each<br />
• First Floor: 5 suites ranging from +/- 1,228 SF to +/-1,825 SF for a total of +/- 7,630 offi ce SF<br />
• Second Floor: 5 suites ranging from +/- 1,225 SF to +/- 1,745 SF for a total of +/- 7,477 offi ce SF<br />
• HVAC and concrete slab included<br />
• High-end, fi nished common areas with restrooms on each fl oor<br />
• Keyless entry<br />
• 5:1,000 parking ratio<br />
• Fully landscaped exterior<br />
• Easy access to 215 Beltway and I-95<br />
• Tremendous growth in area (McDonald Ranch, Green Valley Ranch, Dragon’s Ridge, Crystal Ridge)<br />
• Asking $6.2 Million (no TI’s included or $6.4 Million with TI’s up to $40 per SF)<br />
Please Contact Us For More Information:<br />
Bridget Richards<br />
New Growth<br />
Commercial Real Estate Company<br />
(702) 655-4111<br />
COMMERCIAL<br />
REAL ESTATE COMPANY<br />
New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com<br />
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