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140 E Main St 3,960 SF 100% Leased Retail Building Fernley, NV 89408 $625,000 ($157.83/SF) 4.52% Cap Rate
Investment Highlights
- Heart of Downtown
- Ample on-site parking
- HVAC in each unit
- Main street Local Traffic
- Private restroom in each unit
- Pristinely maintained property
Executive Summary
Pristinely Maintained Retail Asset | Ultimate Pride of Ownership Opportunity. Invest in a steady income stream in one of Nevada’s fastest-growing areas! Located right in the heart of downtown, 140 E Main St offers great visibility to all local traffic. This fully occupied retail building is home to a diverse and beloved mix of local tenants. Furr-Nley's Pet Spa, Arellano Heating & Air, Four Seasons Hair Design, Eternal Image Printing & graphic design shop, Northern NV Veteran's Coalition.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
3,960 SF
Year Built
1979
Price
$625,000
Price Per SF
$157.83
Cap Rate
4.52%
NOI
$28,221
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
C1 - C-1 (Neighborhood Commercial) zoning is designed to accommodate small-scale retail and service businesses.
Frontage
101’ on Main St
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 020-022-06 | Improvements Assessment | $64,371 |
| Land Assessment | $34,300 | Total Assessment | $98,671 |
Property Taxes
Parcel Number
020-022-06
Land Assessment
$34,300
Improvements Assessment
$64,371
Total Assessment
$98,671
Contacts
-
Erika Bruun-Andersen -
Terry Yeager -
Coldwell Banker Select Real Estate-McCarran
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