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NNN Leased Commercial Property on 3 Year Lease

560 E. Plumb Lane, Reno, NV 89502

N/A

5,016 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
5,016 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Net Lease Investment with
3 years left on lease
Commission Split:
3%
Cap Rate:
10.12%
No. Stories:
2
Building Class:
C
Tenancy:
Single
Year Built:
1980
Lot Size:
9,583 SF
APN / Parcel ID:
01518307
Parking Ratio:
20 / 1,000 SF
Listing ID
17800555
Last Updated
72 days ago

Highlights

  • 100% NNN leased on 3 year lease
  • Building has been completly remodeled and upgraded within the past year and a half
  • High traffic counts
  • Close to the airport

Description

The building has recently been completely remodeled to a much more modern décor inside and out with beautiful tile flooring, inside and outside has recently been painted, and much more. The current tenant will sign a new 3 year lease to begin at close of escrow at $1.00 a foot NNN and this property is being sold as a NNN leased building. Current tenant is Massage Essence.

The property is located on E. Plumb Lane near Kietzke Lane and is approximately 1.5 +/- miles to the Reno Tahoe Airport. Traffic counts according to Nevada Department of Transportation are 25,000 cars per day (according to 2011 annual traffic report).

Map of 560 E. Plumb Lane, Reno, NV 89502 (Washoe County)

Research for 560 E. Plumb Lane, Reno, NV 89502 (Washoe County)

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