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1925 E Prater Way 7,109 SF 100% Leased Office Building Sparks, NV 89434 $2,995,000 ($421.30/SF)



Investment Highlights
- Includes 1925 E. Prater Way! Another 4994 Sq. Ft. - 2 buildings on 1 acre lot - Plus 1100sq. ft. Garage!
- Excellent Owner User Property with an Income Stream!
- Priced under build cost!
- 42 paved parking spaces! Fenced and Gated Yard!
- One building is Vacant. Build it out while you get income from the occupied one!
Executive Summary
The current tenant is a month to month coworking center operating only in one of the buildings. An owner user could build out the other building while you collect income that more than covers the property expenses. Coworking Center can continue or be shut down depending on Buyer preference. Operator can stay for a period to manage if needed.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,109 SF
Building Class
C
Year Built
2004
Price
$2,995,000
Price Per SF
$421.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,354 SF
Building FAR
0.16
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
PO - Professional Office - Coffee Bar and many other uses also allowed
Parking
42 Spaces (3.18 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Courtyard
- Fenced Lot
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Ant Space
- Real Estate
- 7,109 SF
- -
- Negotiable
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Ant Space | Real Estate | 7,109 SF | - | Negotiable | - |
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Property Taxes
| Parcel Number | 037-350-02 | Improvements Assessment | $556,658 |
| Land Assessment | $152,460 | Total Assessment | $709,118 |
Property Taxes
Parcel Number
037-350-02
Land Assessment
$152,460
Improvements Assessment
$556,658
Total Assessment
$709,118
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Atlas Red Realty
1925 E Prater Way
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