N Virginia & Peavine Peak Rd | Reno, NV 89506
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N Virginia & Peavine Peak Rd
Reno, NV 89506
5.0 Acres; N Virginia/Peavine Peak Rd. · Land For Sale
·
5.00 AC
Investment Highlights
- 13 +/- years remaining on a 15 year primary term Lease
- New Security Fence 2020; approximately 3.8 acres under fence; balance of 5.0 acres in easements
- Owner pays real estate taxes and Tenant reimburses
Property Facts
Description
5.0 Acre Industrial Outdoor Storage Lot; Leased Investment. 15 Year NNN Lease, Approximately 13 Years remaining on the Primary Term. Aug 1, 2022 rent increase. $6,365 per month (NNN) / $76,380 NOI (6.365% CAP). 3.8 acres +/- Security Fenced.
Property Taxes
| Parcel Number | 082-083-20 | Improvements Assessment | $17,346 |
| Land Assessment | $116,550 | Total Assessment | $133,896 |
Property Taxes
Parcel Number
082-083-20
Land Assessment
$116,550
Improvements Assessment
$17,346
Total Assessment
$133,896
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