This property is Off-Market

560 E. Plumb Lane
Reno, NV 89502 ·

5,016 SF · Office For Sale

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NNN Leased Commercial Property on 3 Year Lease

Price N/A No. Stories 2
Building Size 5,016 SF Building Class C
Property Type Office Tenancy Single
Property Sub-type Office Building Year Built 1980
Property Use Type Net Lease Investment with 3 years left on lease Lot Size 9,583 SF
Commission Split 3% APN / Parcel ID 01518307
Cap Rate 10.12% Parking Ratio 20 / 1,000 SF
Listing ID: 17800555 Date Created: 08/21/2012 Last Updated: 03/13/2015

Description

The building has recently been completely remodeled to a much more modern d├ęcor 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).

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

Research

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

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