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34-71 Webb Cir 27,000 SF 100% Leased Flex Building Reno, NV 89506 $8,500,000 ($314.81/SF)
INVESTMENT HIGHLIGHTS
- Ideal suite sizes
- 800 ft of Hwy 395 frontage and N. Virginia St. access
- Additional development potential
EXECUTIVE SUMMARY
Rare Investment Opportunity in Northern Nevada’s Fastest-Growing Industrial Hub
Logic is proud to present an exceptional opportunity to own a prime piece of Northern Nevada’s booming industrial market. A nearly 9 acre property is strategically located adjacent to the new Amazon distribution center and OnTrac and features unparalleled freeway visibility with 800+ feet of freeway frontage, including a highly coveted billboard for on- or off-site advertising.
Key highlights include:
• 3+ acres of improved sales/storage yard with an office building.
• A thriving business park with five fully leased industrial warehouses.
• Extensive infrastructure improvements, including a well-designed entrance street with curbs and gutters, city water, fire protection with hydrants, sewer, and electrical.
• Ready-made income with the potential to increase the cap rate on existing revenue.
• Additional flat, buildable acreage for rapid expansion.
With easy freeway access and proximity to North Reno’s rapidly growing market, this family-owned property of over 40 years offers both immediate returns and future growth potential.
Priced low! Don’t miss this once-in-a-lifetime opportunity to invest in an established Reno business park with limitless possibilities!
Logic is proud to present an exceptional opportunity to own a prime piece of Northern Nevada’s booming industrial market. A nearly 9 acre property is strategically located adjacent to the new Amazon distribution center and OnTrac and features unparalleled freeway visibility with 800+ feet of freeway frontage, including a highly coveted billboard for on- or off-site advertising.
Key highlights include:
• 3+ acres of improved sales/storage yard with an office building.
• A thriving business park with five fully leased industrial warehouses.
• Extensive infrastructure improvements, including a well-designed entrance street with curbs and gutters, city water, fire protection with hydrants, sewer, and electrical.
• Ready-made income with the potential to increase the cap rate on existing revenue.
• Additional flat, buildable acreage for rapid expansion.
With easy freeway access and proximity to North Reno’s rapidly growing market, this family-owned property of over 40 years offers both immediate returns and future growth potential.
Priced low! Don’t miss this once-in-a-lifetime opportunity to invest in an established Reno business park with limitless possibilities!
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $8,500,000 | Lot Size | 8.72 AC |
| Price Per SF | $314.81 | Rentable Building Area | 27,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 1980 |
| Building Class | C | ||
| Zoning | MUNV | ||
| Price | $8,500,000 |
| Price Per SF | $314.81 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 8.72 AC |
| Rentable Building Area | 27,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | MUNV |
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PROPERTY TAXES
| Parcel Number | 082-101-83 | Improvements Assessment | $592,821 |
| Land Assessment | $953,795 | Total Assessment | $1,546,616 |
PROPERTY TAXES
Parcel Number
082-101-83
Land Assessment
$953,795
Improvements Assessment
$592,821
Total Assessment
$1,546,616
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34-71 Webb Cir
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