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NNN LEASED INVESTMENT 831 Keystone Ave 3,245 SF Office Building Reno, NV 89503 $1,275,000 ($392.91/SF) 6% Cap Rate


INVESTMENT HIGHLIGHTS
- NNN LEASE
- Long term Tenant
- Newer Roof
EXECUTIVE SUMMARY
Johnson Group Commercial is pleased to o?er for sale a NNN-leased building to Visionary Partners NV, LLC - Pritchett Eye Care Associates, centrally located in Reno NV. This approximately 3,245 sq property, complete with a basement, has undergone recent upgrades and provides convenient on-site parking. It o?ers excellent accessibility to the University of Nevada, downtown Reno, and Interstate 80, making it an ideal investment opportunity.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,245 SF
Building Class
B
Year Built
1948
Price
$1,275,000
Price Per SF
$392.91
Cap Rate
6%
NOI
$76,500
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,245 SF
Slab To Slab
9’
Building FAR
0.27
Lot Size
0.28 AC
Zoning
PO - Professional Office
Parking
10 Spaces (3.08 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 006-074-37 | Improvements Assessment | $37,744 |
| Land Assessment | $68,510 | Total Assessment | $106,255 |
PROPERTY TAXES
Parcel Number
006-074-37
Land Assessment
$68,510
Improvements Assessment
$37,744
Total Assessment
$106,255
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NNN LEASED INVESTMENT | 831 Keystone Ave
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