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6745 Sierra Center Pkwy 6745 Sierra Center Pky 5,204 SF 100% Leased Office Building Reno, NV 89511 $2,400,000 ($461.18/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- High-traffic area with major national retailers
- Ideal for investors seeking secure income and long-term upside
- Sale/Leaseback structure offering stable occupancy
EXECUTIVE SUMMARY
DCG is pleased to offer the opportunity to acquire 6745 Sierra Center Parkway, a ±5,204 SF freestanding building available for sale with a leaseback. Strategically positioned at the entrance to Sierra Town Center, the property enjoys high visibility and excellent foot traffic in a vibrant retail corridor anchored by Target, Famous Footwear, and a variety of national and regional retailers.
This rare investment opportunity offers immediate income potential with a secure tenant in place, while benefiting from the strong consumer draw of one of the area's most prominent shopping destinations.
This rare investment opportunity offers immediate income potential with a secure tenant in place, while benefiting from the strong consumer draw of one of the area's most prominent shopping destinations.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
5,204 SF
Year Built
2005
Price
$2,400,000
Price Per SF
$461.18
Cap Rate
6.50%
NOI
$156,000
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
5,204 SF
Building FAR
0.06
Lot Size
1.94 AC
Zoning
MS - Mixed-Use Suburban
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PROPERTY TAXES
| Parcel Number | 025-561-22 | Improvements Assessment | $585,515 |
| Land Assessment | $352,686 | Total Assessment | $938,201 |
PROPERTY TAXES
Parcel Number
025-561-22
Land Assessment
$352,686
Improvements Assessment
$585,515
Total Assessment
$938,201
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6745 Sierra Center Pkwy | 6745 Sierra Center Pky
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