151 Country Estates Cir - Office FOR SALE


Reno, NV 89511
$2,686,000 USD
775-848-5901
151 Country Estates Cir, Reno, NV for Sale
$2,686,000 USD
Office - FOR SALE
1/14
null | 6% Cap Rate

151 Country Estates Cir
Reno, NV 89511


HIGHLIGHTS

  • Investment opportunity with long-term tenant in place
  • Located in a convenient area in the Southwest area of Reno, Nevada
  • Built in 2005 and maintained perfectly by the current tenant

OVERVIEW

Free Standing Building - NNN Single Tenant Fully Leased for over 10 years now, currently signed additional 5 year lease until 2028. Current long-term tenant is responsible for all operating expenses including CAM, taxes, insurance, and maintenance for the property provided by the tenant. - Purchase Price: $2,686,000 - ±6,716 SF Freestanding Building - Nationwide Tenant - Veritext Legal Solution - County Quail Estates Office Park, Reno, Nevada *The sales price is based on an annual net operating income (NOI) of $161,184 at 6% CAP NNN Lease.

FOR SALE DETAILS

PRICE

$2,686,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,752 SF

ZONING

PO

APN/PARCEL ID

043-331-06

ASK ABOUT THIS PROPERTY

Steve AvanzinoCushman & WakefieldMore Info
775-848-5901

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Steve AvanzinoCushman & WakefieldMore Info
775-848-5901

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.