650 Sierra Rose Dr | Reno, NV 89511
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650 Sierra Rose Dr
Reno, NV 89511
Office Property For Sale
Investment Highlights
- Stunning Office/Medical Building located in the Quail Corners South Park off McCarren Blvd and Kietzke Ln.
- This property is in excellent condition and is a smart investment with strong CAP Rate! Current Annual CAP Rate is 6.3%.
- The property is surrounded by medical offices and sits next to the new Rancharrah Master Planned Community with residential, retail and restaurants.
- Owner invested over $250,000 in build out of this 2661sqft Med./Prof. office space with many unique architectural features and high-end finishes!
- Owner pays taxes, insurance and CAM Fees.
- Current tenant is a Medical Spa. Tenant's lease expires in July 2025 with one 3 year option and would like to stay.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
2,661 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,300 SF
Building FAR
0.38
Lot Size
0.16 AC
Zoning
PD - PD
Parking
12 Spaces (1.9 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Security System
- Skylights
- Kitchen
- Accent Lighting
- Central Heating
- Natural Light
- Recessed Lighting
- Air Conditioning
Property Taxes
| Parcel Number | 040-942-32 | Improvements Assessment | $165,538 |
| Land Assessment | $75,439 | Total Assessment | $240,977 |
Property Taxes
Parcel Number
040-942-32
Land Assessment
$75,439
Improvements Assessment
$165,538
Total Assessment
$240,977
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