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12800 Moya Blvd 34,677 SF Industrial Building Reno, NV 89506 $9,000,000 ($259.54/SF) 5.85% Cap Rate
Investment Highlights
- ±38,706 SF single-tenant industrial building on ±7.74 AC
- 11 dock doors, 1 drive-in door, 26' clear height
- Located in the North Reno/Stead industrial corridor near major distribution tenants
- Additional income from existing cell phone tower
- Concrete tilt-up construction, built 1992
Executive Summary
LOGIC Commercial Real Estate is pleased to present 12800 Moya Blvd., a ±38,706 SF single-tenant industrial building on ±7.74 AC in North Reno's Stead/Lemmon Valley submarket. The property is 100% leased to Penske Logistics through May 2030 on a NNN basis, with additional income from an existing cell phone tower lease. Built in 1992 with concrete tilt-up construction, the building features 11 dock doors, one drive-in door, and 26' clear height. Located near N. Virginia St. and Martin Luther King Jr. Memorial Hwy., the site is surrounded by a strong roster of national distribution and logistics users, offering investors a stabilized, income-producing industrial asset in one of Northern Nevada's fastest-growing markets.
Offered at $9,000,000 ($233 PSF).
Offered at $9,000,000 ($233 PSF).
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Property Facts
| Price | $9,000,000 | Rentable Building Area | 34,677 SF |
| Price Per SF | $259.54 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1992 |
| Cap Rate | 5.85% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.52/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 11 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 7.74 AC | ||
| Zoning | I | ||
| Price | $9,000,000 |
| Price Per SF | $259.54 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.85% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 7.74 AC |
| Rentable Building Area | 34,677 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Tenancy | Single |
| Parking Ratio | 0.52/1,000 SF |
| No. Dock-High Doors/Loading | 11 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 090-051-26 | Improvements Assessment | $592,917 |
| Land Assessment | $590,020 | Total Assessment | $1,182,936 |
Property Taxes
Parcel Number
090-051-26
Land Assessment
$590,020
Improvements Assessment
$592,917
Total Assessment
$1,182,936
Contacts
-
Michael Keating, SIOR -
Michael Keating Jr -
Mike Dorn -
Logic Commercial Real Estate
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