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1408 Pittman Ave
Sparks, NV 89431
Industrial Property For Sale
Investment Highlights
- 8,866 SF Building
- 100% Leased
- 2.47 AC of Land Area
- Near I-80, I-580 & McCarran Blvd
Executive Summary
1408 Pittman Avenue presents a rare industrial investment opportunity in the heart of the Sparks submarket, featuring a low coverage, 2.47-acre fenced and secured site with stabilized income in place. The property is improved with approximately 8,866 square feet of industrial space across multiple buildings of varying size and configuration, offering functional utility for yard intensive users. The asset is fully leased to Cal-Nevada Towing under a triple net lease, providing dependable cash flow with no known environmental concerns, no below-ground tanks, and no visible environmental issues. See flyer for more details.
Property Facts
| Sale Type | Investment NNN | No. Stories | 2 |
| Cap Rate | 6% | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.48/1,000 SF |
| Building Class | C | Clear Ceiling Height | 21’ |
| Lot Size | 2.47 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 8,866 SF | Opportunity Zone |
Yes
|
| Zoning | I - Zoned Industrial | ||
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.47 AC |
| Rentable Building Area | 8,866 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 2.48/1,000 SF |
| Clear Ceiling Height | 21’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I - Zoned Industrial |
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Yard
- Storage Space
Utilities
- Lighting
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
- Heating - Gas
Property Taxes
| Parcel Number | 032-302-33 | Improvements Assessment | $77,618 |
| Land Assessment | $406,701 | Total Assessment | $484,320 |
Property Taxes
Parcel Number
032-302-33
Land Assessment
$406,701
Improvements Assessment
$77,618
Total Assessment
$484,320
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