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Bldg. 1 123 W Nye Ln 44,304 SF 90% Leased Office Building Carson City, NV 89706 $4,375,000 ($98.75/SF) 5.60% Cap Rate
Investment Highlights
- 44,304 SF multi-tenant office building
- Diversified tenant mix potential
- Attractive entry point for office investors seeking growth
- Value-add opportunity with upside through leasing and repositioning
- Located in the stable and business-friendly Carson City market
Executive Summary
This 44,304 SF multi-tenant office asset presents a compelling
value-add opportunity in the Carson City market. The multitenant layout provides income diversification, while upside is
driven by lease-up of vacancy, rental rate increases, and
operational efficiencies. Strong market fundamentals support
long-term demand, making this an attractive acquisition for
private investors, owner-users, or syndicators.
value-add opportunity in the Carson City market. The multitenant layout provides income diversification, while upside is
driven by lease-up of vacancy, rental rate increases, and
operational efficiencies. Strong market fundamentals support
long-term demand, making this an attractive acquisition for
private investors, owner-users, or syndicators.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
44,304 SF
Building Class
B
Year Built
1992
Price
$4,375,000
Price Per SF
$98.75
Cap Rate
5.60%
NOI
$245,000
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
44,000 SF
Building FAR
0.34
Lot Size
2.97 AC
Zoning
Commercial - Office use
Parking
124 Spaces (2.82 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Courtyard
- Accent Lighting
- Fully Carpeted
- Partitioned Offices
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Carson Tahoe Hospital
- Health Care and Social Assistance
- -
-
$9.99
-
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-
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- ICAN
- Health Care and Social Assistance
- -
-
$9.99
-
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-
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Local family support services in Carson City, Nevada.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Carson Tahoe Hospital | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| ICAN | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
112, 114, 116, & 118 Contiguous demisable spaces from 350-2,646 SF
113, 115, & 117 are contiguous
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 112 - 118 | 350-2,646 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste 115 -117 | 709-1,595 SF | Office | - | Now |
1st Fl-Ste 112 - 118
| Size |
| 350-2,646 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 115 -117
| Size |
| 709-1,595 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 112 - 118
| Size | 350-2,646 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
112, 114, 116, & 118 Contiguous demisable spaces from 350-2,646 SF
1st Fl-Ste 115 -117
| Size | 709-1,595 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
113, 115, & 117 are contiguous
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 002-061-26 | Improvements Assessment | $992,174 |
| Land Assessment | $261,495 | Total Assessment | $1,253,669 |
Property Taxes
Parcel Number
002-061-26
Land Assessment
$261,495
Improvements Assessment
$992,174
Total Assessment
$1,253,669
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Bldg. 1 | 123 W Nye Ln
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