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Hwy. 50 & Gummow Dr. 500 Gummow Dr 3,500 SF 100% Leased Industrial Building Fallon, NV 89406 $760,000 ($217.14/SF) 5.53% Cap Rate
Investment Highlights
- Prime Location Adjacent to HWY. 50
- NNN Lease Structure
Executive Summary
• Prime industrial/commercial site with excellent visibility from the Reno Hwy. and accessibility in Fallon's growing commercial corridor, ± 16,500 CPD
• Tenant has occupied the property for over 50 years
• Adjacent to the Western Pacific Railroad, with access to rail spur, providing direct rail connectivity for logistics and distribution operations
• Current lease term through December 2027, at below market rents. One 3-year option remaining at market value
• ± 3,500 SF of warehouse space on ± 3.54 AC with partially fenced yard
• Tenant has occupied the property for over 50 years
• Adjacent to the Western Pacific Railroad, with access to rail spur, providing direct rail connectivity for logistics and distribution operations
• Current lease term through December 2027, at below market rents. One 3-year option remaining at market value
• ± 3,500 SF of warehouse space on ± 3.54 AC with partially fenced yard
Property Facts
| Price | $760,000 | Property Type | |
| Price Per SF | $217.14 | Rentable Building Area | 3,500 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 5.53% | Year Built | 1965 |
| Zoning | C1 - Commercial | ||
| Price | $760,000 |
| Price Per SF | $217.14 |
| Sale Type | Investment NNN |
| Cap Rate | 5.53% |
| Property Type | |
| Rentable Building Area | 3,500 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | C1 - Commercial |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Valley Agronomics
- Agriculture, Forestry, Fishing and Hunting
- 3,500 SF
- -
- Triple Net
- Dec 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Valley Agronomics | Agriculture, Forestry, Fishing and Hunting | 3,500 SF | - | Triple Net | Dec 2027 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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Hwy. 50 & Gummow Dr. | 500 Gummow Dr
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