Log In/Sign Up
Your email has been sent.
851 Tanager St 1,500 SF 100% Leased Retail Building Incline Village, NV 89451 $1,400,000 ($933.33/SF) 4.50% Cap Rate
Investment Highlights
- 1,500SF Shop Space in Incline Village
- Fully Leased
- High Barrier Entry to market
Executive Summary
The property is offered with a lease in place generating $63,000
annually expires 05/31/27, featuring Two - Five year extension options
with 3% annual increases—providing stable income and long-term upside.
Surrounded by natural beauty and just minutes from world-class
recreation, dining, and amenities, this asset combines reliable cash flow
with an unbeatable location.
annually expires 05/31/27, featuring Two - Five year extension options
with 3% annual increases—providing stable income and long-term upside.
Surrounded by natural beauty and just minutes from world-class
recreation, dining, and amenities, this asset combines reliable cash flow
with an unbeatable location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,500 SF
Building Class
C
Year Built
1985
Price
$1,400,000
Price Per SF
$933.33
Cap Rate
4.50%
NOI
$63,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.31 AC
Zoning
TA_IVC - Tahoe-Incline Village Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 132-222-12 | Improvements Assessment | $30,718 |
| Land Assessment | $69,260 | Total Assessment | $99,978 |
Property Taxes
Parcel Number
132-222-12
Land Assessment
$69,260
Improvements Assessment
$30,718
Total Assessment
$99,978
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
851 Tanager St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.