517-549 E Prater Way | Sparks, NV 89431
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- LoopNet Team
517-549 E Prater Way
Sparks, NV 89431
Ironhorse Retail Strip · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong, longstanding tenant commitment to location augmented by tenants with new leases of 7-10 years
- Regional draw to this center due to FoodMaxx, Harbor Freight, new AutoZone hub store, Tractor Supply, O’Reilly Auto Parts, and Starbucks
- Center is located half a mile from the I-80 exit (112,400 VPD) onto McCarran Blvd and has five ingress/egress points allowing ease of access
- NNN leases with majority featuring 2-3% annual rental increases
- Entire Ironhorse Shopping Center boasts +/- 2.6M SF of retail space with plethora of national tenants
- Since 2007, ownership has invested over $6.3 million in capital improvements in the entire center
PROPERTY FACTS
Property Type
Retail
Building Size
26,432 SF
Building Class
C
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.55 AC
Zoning
MUD - Mixed Use
Frontage
292’ on East Prater Way
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $491,916 | |
| Land Assessment | $405,612 | Total Assessment | $897,528 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$405,612
Improvements Assessment
$491,916
Total Assessment
$897,528
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