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960 W Moana Ln 4,520 SF 100% Leased Retail Building Reno, NV 89509 $1,700,000 ($376.11/SF) 6.50% Cap Rate
Investment Highlights
- Fully Leased NNN Investment
- Long Term Tenants
- Premier Location on the Signal Corner of Moana & Lakeside
Executive Summary
Excellent investment opportunity in a great location on the corner of Lakeside & Moana, in the Lakeside Crossing Shopping Center.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,520 SF
Building Class
C
Year Built
1988
Price
$1,700,000
Price Per SF
$376.11
Cap Rate
6.50%
NOI
$110,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
6.00 AC
Zoning
NC
Parking
389 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Signage
Very walkable
80/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 024-281-01 | Improvements Assessment | $148,000 |
| Land Assessment | $251,510 | Total Assessment | $399,509 |
Property Taxes
Parcel Number
024-281-01
Land Assessment
$251,510
Improvements Assessment
$148,000
Total Assessment
$399,509
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Contact the Sale Advisor
960 W Moana Ln