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4100 Caughlin Pky
Reno, NV 89519
Caughlin Club NNN LEASED INVESTMENT · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LOCATION
- LARGE PARCEL, VERY WELL MAINTAINED
- LONG TERM NNN LEASE
PROPERTY FACTS
AMENITIES
- Restaurant
ABOUT 4100 CAUGHLIN PKY , RENO, NV 89519
CAUGHLIN CLUB LEASED INVESTMENT FOR SALE Single Tenant NNN leased investment APN 009-821-04 Size 23,396 SF / 5.45 Acres Square Footage 23,396 SF Clubhouse Additional Building 5,000 SF Preschool Type of Lease NNN Term of Lease 7+ Years on current term Percent Leased 100% Monthly Rent $28,584/month / Rent Increase $29727.36/month year 2021 / $30,916.45 in year 2026 Operating Expenses: None (NNN Lease) Net Operating Income $343,008 Asking Price $5,716,800 CAP Rate 6% (on current income) Land Area 5.45 Acres • 9 Championship Tennis Courts • 25 Meter Swimming Pool with Children’s Pool and Whirlpool • Full Size Gymnasium for Basketball and Volleyball • Located on 5.45 Acres * Racquetball Court • Complete Health Club • Cafe and Bar • 5,000 SF Preschool Adjacent to Fitness Center • Infant - Kindergarten Summer Camps & Before and After School Programs The Caughlin Athletic Club is nestled in the heart of Caughlin Ranch. Caughlin Ranch, in Reno, was developed in 1984 and is a 2,400 acre master planned community. This community is made up of ponds, walking trails, and extensive landscaping in the common areas, to make it one of Reno’s most premier and sought after residential communities.
PROPERTY TAXES
| Parcel Number | 009-821-04 | Improvements Assessment | $847,863 |
| Land Assessment | $635,644 | Total Assessment | $1,483,506 |
PROPERTY TAXES
