Your email has been sent.
1701 County Rd 24,400 SF 100% Leased Office Building Minden, NV 89423 $3,249,500 ($133.18/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent location on Hwy 88 just South of intersection of Hwy 395
- Outstanding owner maintenance
- Long term tenants
EXECUTIVE SUMMARY
Note the actual income as of September 2025 is $337,056 annually. The property experienced what impacted all office space during Covid. The majority of leases were converted to gross. Now that the property is fully leased, there is excellent upside potential to offset expenses by moving from gross to net renewals.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$337,056
|
$13.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$337,056
|
$13.48
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $337,056 |
| Annual Per SF | $13.48 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $337,056 |
| Annual Per SF | $13.48 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- Atrium
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dr. Mark Allen DDS
- Health Care and Social Assistance
- -
- -
- -
- Ford Chiropractic
- Health Care and Social Assistance
- -
- -
- -
- Great Basin Physical Therapy
- Health Care and Social Assistance
- -
- -
- -
- Jackson & Whitaker, Inc
- Finance and Insurance
- -
- -
- -
- Matt Stermitz LLC, Attorneys
- Professional, Scientific, and Technical Services
- -
- -
- -
- Mountain View Medical
- Health Care and Social Assistance
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.
- Stephanie Pavlik, OMD
- Health Care and Social Assistance
- -
- -
- -
- Valley Pediatric Dentistry
- Health Care and Social Assistance
- -
- -
- -
- Visionary Partners
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dr. Mark Allen DDS | Health Care and Social Assistance | - | - | - | ||
| Ford Chiropractic | Health Care and Social Assistance | - | - | - | ||
| Great Basin Physical Therapy | Health Care and Social Assistance | - | - | - | ||
| Jackson & Whitaker, Inc | Finance and Insurance | - | - | - | ||
| Matt Stermitz LLC, Attorneys | Professional, Scientific, and Technical Services | - | - | - | ||
| Mountain View Medical | Health Care and Social Assistance | - | - | - | ||
|
|
Finance and Insurance | - | - | - | ||
| Stephanie Pavlik, OMD | Health Care and Social Assistance | - | - | - | ||
| Valley Pediatric Dentistry | Health Care and Social Assistance | - | - | - | ||
| Visionary Partners | Health Care and Social Assistance | - | - | - |
PROPERTY TAXES
| Parcel Number | 1320-30-802-003 | Improvements Assessment | $754,909 |
| Land Assessment | $164,500 | Total Assessment | $919,409 |
PROPERTY TAXES
Presented by
1701 County Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.