About This Restaurant
Investment Highlights
Signalized corner Property built in 2004 is fully fire sprinklered Strong traffic counts Dynamic central location by the Reno Airport Synergistic tenant mix with local favorites catering to the specific demands of the local customer
Executive Summary
Multiple tenant building with 2 commercial kitchens, private parking lot. Current tenants are on flexible short term leases in the event an owner user wishes to occupy a unit for his purposes. Dynamic new development in close proximity (across the street)!Possible owner financing with a strong down paymentReno-Mixed-Use Airport Zoning allows for a wide range of usesProperty built in 2004 is fully fire sprinkleredSELLER LICENSEE DISCLOSURE OF INTEREST: Pursuant to NRS 645.252 (1) (c). Listing Broker discloses that he has a direct interest (as a principal) in this transaction. Vikas (Vik) Bhatia is a licensed Real Estate Broker in the State of Nevada - LICENSE # B.26908 - Vantage Real Properties LLC
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Convenience Store General Retail Fast Food Office Medical Freestanding
- Building Size 9,100
- Building Class C
- Year Built 2005
- Price 3,900,000
- Price Per SF 429
- Cap Rate 3.97
- NOI 155,000
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 2 Stories
- Slab To Slab 9?
- Building FAR 0.25
- Land Acres 0.82 AC
Amenities
- Corner Lot
- Signalized Intersection
Nearby Amenities & Transportation
Retail | Port of Subs | ||
Retail | Grocery Outlet | ||
Retail | Rent-A-Center | ||
Retail | The Human Bean | ||
Retail | Umpqua Bank | ||
Retail | IGA | ||
Retail | Round Table Pizza | ||
Retail | Raley's | ||
Retail | Capriotti's | ||
Retail | Dotty?s |
Property Taxes
Parcel Number | 020-231-32 | Improvements Assessment | $143,483 |
Land Assessment | $324,117 | Total Assessment | $467,600 |
Date Created: | 2024-07-16 04:17:59 | Last Updated: | 2024-07-16 04:17:59 |
Address: | 1295 E Moana Ln , Reno, Nevada, 89502 |