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Old World Coffee NNN Investment | 6.25% Cap 1654 US-395 Hwy 458 SF Retail Building Minden, NV 89423 $1,440,000 ($3,144.10/SF) 6.25% Cap Rate
Executive Summary
Kidder Mathews is pleased to present this exceptional investment opportunity is a purpose-built, drive-thru quick-service retail building located at 1654 N. Highway
395 in Minden, Nevada. The property consists of a ±468 square foot free-standing drive-thru building on a ±0.46-acre parcel situated directly along North Highway
395 in central Minden. The building was purpose-designed and built for coffee drive-thru operations and includes a fully equipped commercial kitchen with professional-grade furniture, fixtures, and equipment (FF&E). The site features a dedicated drive-thru lane with clearly delineated traffic flow, convenient access, and excellent visibility to passing motorists
395 in Minden, Nevada. The property consists of a ±468 square foot free-standing drive-thru building on a ±0.46-acre parcel situated directly along North Highway
395 in central Minden. The building was purpose-designed and built for coffee drive-thru operations and includes a fully equipped commercial kitchen with professional-grade furniture, fixtures, and equipment (FF&E). The site features a dedicated drive-thru lane with clearly delineated traffic flow, convenient access, and excellent visibility to passing motorists
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
458 SF
Building Class
B
Year Built
2019
Price
$1,440,000
Price Per SF
$3,144.10
Cap Rate
6.25%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.01 AC
Zoning
C-2 - General Commercial
Parking
7 Spaces (15.28 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1320-30-802-033 | Improvements Assessment | $57,943 |
| Land Assessment | $67,200 | Total Assessment | $125,143 |
Property Taxes
Parcel Number
1320-30-802-033
Land Assessment
$67,200
Improvements Assessment
$57,943
Total Assessment
$125,143
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Old World Coffee NNN Investment | 6.25% Cap | 1654 US-395 Hwy
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