3200 Arrowhead Dr
Carson City, NV 89706
15 Yr. ABSOLUTE NET Industrial STNL 6.8% CAP · Industrial Property For Sale

ABSOLUTE NNN 15 year leased industrial investment. Original lease term has 13 years remaining with 2% annual increases. This offering is a perfect opportunity for an investor looking for zero landlord responsibilities. The 78,416 s.f. Industrial building sits on 6.07 acres which includes excess land. Dura-Bond Bearing Company is the world's largest manufacturer of replacement camshaft bearings and a leading manufacturer in transmission bushings, powder metal valve seats and spring shims. The company has been in business since 1947. The subject property was specifically built for Dura-Bond in 1989, and the facility has specialized equipment, systems, and layout specifically for this business. Over the years, Dura-Bond Bearing has invested substantial capital in this location, and the manufacturing equipment within the facility. The cost and complexity of any future relocation is prohibitive, securing this location for the Company for many years to come. Dura-Bond has created maximum operational efficiency at this location to foster the safest, most supportive and functional work environment for its employees. Above all, all Dura-Bond products are Made in the USA. The Carson City industrial submarket is approximately 4.8 million square feet comprised of just over 180 industrial buildings above 10,000 sf in size. Carson City is a submarket of the Reno MSA. The area is well established as a top location for manufacturing in Northern Nevada, with a large majority of the industrial product used for this purpose. Along with the rest of Northern Nevada, Carson City is seeing increased demand with the Tesla battery factory announcement, and many other major companies and projects moving to the area.