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4050 S McCarran Blvd
Reno, NV 89502
Retail Property For Sale
Investment Highlights
- New NNN lease; 10 Year with annual 2% increases
Executive Summary
FOR SALE | SOUTH RENO INDUSTRIAL FLEX INVESTMENT
4050 S. McCarran Boulevard | Reno, Nevada
Offering Price: $3,900,000
Excellent opportunity to acquire a 15,531-square-foot, multi-tenant industrial flex property along one of Reno’s primary commercial corridors.
The property features a strong occupancy history and is anchored by Nevada Restaurant Group under a new 10-year NNN lease with annual rent increases, providing durable income with future upside potential.
Property Highlights:
• 15,531 SF industrial flex/warehouse building
• Five-unit, multi-tenant configuration
• 2027 projected cap rate: 5.89%
• New 10-year NNN anchor lease
• Annual rental increases
• Three grade-level roll-up doors
• 15-foot clear ceiling height
• Industrial Commercial zoning
• Excellent visibility on S. McCarran Boulevard
• Convenient access to I-580 and Reno-Tahoe International Airport
• Adjacent to the 890,000+ SF Airway Commerce Center
• Suitable for investors or future owner-users
Positioned in South Reno’s growing industrial and airport corridor, this property benefits from strong employment density, convenient regional access and continued demand for industrial, service and commercial space.
For additional information or a copy of the Offering Memorandum, contact:
Garrett Hallenbeck, CCIM, CPM
Hallmark Investments & Management, LLC
?? (775) 247-6570
?? (775) 786-8488 ext. 2
?? garrett@hallmarkreno.com
Nevada License: B.48550
4050 S. McCarran Boulevard | Reno, Nevada
Offering Price: $3,900,000
Excellent opportunity to acquire a 15,531-square-foot, multi-tenant industrial flex property along one of Reno’s primary commercial corridors.
The property features a strong occupancy history and is anchored by Nevada Restaurant Group under a new 10-year NNN lease with annual rent increases, providing durable income with future upside potential.
Property Highlights:
• 15,531 SF industrial flex/warehouse building
• Five-unit, multi-tenant configuration
• 2027 projected cap rate: 5.89%
• New 10-year NNN anchor lease
• Annual rental increases
• Three grade-level roll-up doors
• 15-foot clear ceiling height
• Industrial Commercial zoning
• Excellent visibility on S. McCarran Boulevard
• Convenient access to I-580 and Reno-Tahoe International Airport
• Adjacent to the 890,000+ SF Airway Commerce Center
• Suitable for investors or future owner-users
Positioned in South Reno’s growing industrial and airport corridor, this property benefits from strong employment density, convenient regional access and continued demand for industrial, service and commercial space.
For additional information or a copy of the Offering Memorandum, contact:
Garrett Hallenbeck, CCIM, CPM
Hallmark Investments & Management, LLC
?? (775) 247-6570
?? (775) 786-8488 ext. 2
?? garrett@hallmarkreno.com
Nevada License: B.48550
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
15,531 SF
Building Class
C
Year Built
1999
Price
$3,900,000
Price Per SF
$251.11
Cap Rate
5.89%
NOI
$229,799
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.36 AC
Zoning
IC
Parking
25 Spaces (1.61 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 025-620-03 | Improvements Assessment | $447,819 |
| Land Assessment | $278,859 | Total Assessment | $726,678 |
Property Taxes
Parcel Number
025-620-03
Land Assessment
$278,859
Improvements Assessment
$447,819
Total Assessment
$726,678
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