9550 Gateway Dr - Distribution FOR SALE


Reno, NV 89521- South Meadows
$11,520,872 USD
775-220-4957
9550 Gateway Dr, Reno, NV for Sale
$11,520,872 USD
Distribution - FOR SALE
1/23
null | 5.5% Cap Rate

9550 Gateway Dr
Reno, NV 89521
South Meadows


HIGHLIGHTS

  • Rare, single-tenant NNN leased industrial asset in Reno
  • Central location proximate to Reno’s population centers – 6.3 miles from Reno-Tahoe International Airport (RNO)
  • Profitable tenant with over 10 years remaining on lease
  • Mission critical location and facility
  • Easy access to multiple freeways
  • 3% annual rent bumps, resulting in a 6.4% average cap rate over the term

OVERVIEW

DCG is pleased to present 9550 Gateway Dr for sale. The industrial building features 43,800 square feet, 4,000 of which are newly renovated office space. Cap rate is 5.5% with an NOI of $633,348.

FOR SALE DETAILS

PRICE

$11,520,872 USD

PRICE/SF

$263 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

2

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

PUD

APN/PARCEL ID

163-073-01

ASK ABOUT THIS PROPERTY

Patrick RiggsDickson Commercial GroupMore Info
775-220-4957

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Patrick RiggsDickson Commercial GroupMore Info
775-220-4957

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