5891 E Highway 50
Carson City, NV 89701
Desert Storage Co. · Specialty Property For Sale · 13,060 SF

The facility is secured with perimeter-wide fencing, gated entry and video surveillance. The facility is located at 5891 US-50 E, located directly off of US Highway 50 E with average traffic counts of over 31,500 vehicles daily. The facility also has convenient access to Highway 580/US 395 at a 2.2-mile distance, which also serves as a connector to the world renown Lake Tahoe and neighboring Reno/Sparks. By continuing 40 minutes East along Highway 50 you will arrive at the Tahoe Reno Industrial Center, home to some of the world's largest innovators and employers: Tesla, Google, Blockchain, Switch Digital, Walmart Distribution, etc. The TRI Center is one of the worlds largest industrial and tech centers at 107,000 acres, it is three times the size of the City of San Francisco, CA. Strategically situated off US Highway 50, the opportunity offers a qualified investor acquisition of a cash-flowing facility boasting high occupancies year-round with significant upside potential to increase revenue through raising rates to reflect the surrounding market. Furthermore, the opportunity also offers the new owner an additional stream of income in the form of a Penske truck rental business. Constructed in 1978, the owner-operated facility sits on 0.99 acres, comprised of 13,060 rentable square feet among four buildings and 88 total units, which also includes three boat/RV parking spaces, one office space, and one warehouse (1,500 sf. approx) and one unit currently being utilized as an non-rented apartment. The storage and Penske Truck rentals are run from the same office. The adjacent office space and approx. 1,500 sf warehouse have been leased to JP Fence. The storage facility has consistently high physical and economic occupancy of 95 percent. With a significant number of main thoroughfares in immediate proximity to the subject property, these roadways are lined with major retailers, including Super Walmart, The Home Depot, FedEx and Taco Bell, among many others. The subject advantageously resides closest to a large residential community located to the west and south of the property. A number of developments are currently underway as individuals and businesses continue to migrate into the facility's nearby vicinity. The subject property is currently zoned as General Industrial, but the City's Master Plan are calling for General/Community Commercial in this area as Carson City continues to grow.