NEC USA Parkway and Denmark Drive - Commercial LAND FOR SALE


Sparks, NV 89434 217,800 SF
$4,499,950 USD
669-257-8518
NEC USA Parkway and Denmark Drive, Sparks, NV for Sale
$4,499,950 USD
Commercial LAND - FOR SALE
1/18
217,800 SF

NEC USA Parkway and Denmark Drive
Sparks, NV 89434


HIGHLIGHTS

  • NEC USA Parkway and Denmark Drive is a 5-acre site with 1 acre under construction for a Conoco gas station / c-store with a 20-year NNN lease.
  • Construction underway with a 20 year NNN Conoco. The remaining 4 acres are zoned for fast-food, retail, industrial, and more commercial uses.
  • Located in the Tahoe Reno Industrial Center, the world's largest business park, providing a built-in consumer pool of over 18,000 employees.
  • Situated at a hard corner on the main thoroughfare of the prestigious industrial park and easily accessible 3 miles from Interstate 80.
  • Conoco, originally founded in 1875, merged with Phillips Petroleum in 2002 to form ConocoPhillips. Since 2012, Conoco has been a brand under the Phill

OVERVIEW

Take advantage of this valuable opportunity for a commercial retail parcel 20 year NNN lease with multi unit operator for new permitted gas station with leftover acreage for more developments in the world’s largest industrial park. This 5-acre site has 1 acre 20 year NNN lease to a gas station and convenience store tenant, construction by the land owner. This leaves 4 acres open for development, zoned for retail, fast-food, industrial use, and more. The tract is situated at a prime corner surrounded by some of the Tahoe Reno Industrial Center’s largest tenants. The prime location, combined with the lack of amenities serving the park, makes this an extremely optimistic opportunity to build in one of the primary economic engines in the region. Tahoe Reno Industrial Center spans over 107,000 acres with manufacturing plants, data centers, distribution hubs, and more. Some of the most high-profile tenants include Tesla Gigafactory 1, Google, PetSmart, Blockchains, and PPG. Retail developments here have the exclusive advantage of being one of the few serving such a vast base of employees, with only a handful of restaurants and service stations in this vastly underserved park. Residential development has also picked up as Tahoe Reno Industrial Center has been built out, adding another segment of consumers to serve. Population growth within a 5-mile radius was nearly flat from 2010 to 2023 but now projections call for a 7.5% increase in households by 2028.

FOR SALE DETAILS

PRICE

$4,499,950 USD

PRICE/ACRE

$899,990/AC

PRICE/SF

$21 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5-Acre Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial, Retail, Convenience Store, Fast Food, Service Station

LAND ACRES

5 AC

LAND SF

217,800 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

-

APN/PARCEL ID

005-101-08

ASK ABOUT THIS PROPERTY

Dan GluhaichColliersMore Info
669-257-8518

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Dan GluhaichColliersMore Info
669-257-8518

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