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1000-1070 E William St 57,427 SF 74% Leased Office Building Carson City, NV 89701 $7,390,267 CAD ($128.69 CAD/SF) 8.03% Cap Rate



Investment Highlights
- Owner-User, Revelopment, Value-Add Opportunity
- 8% CAP; 12% Pro Forma
- Multi-Tenant Office Buildings
Executive Summary
LOGIC Commercial Real Estate is pleased to offer for sale 1000, 1050, & 1070 E William St. at an 8% Cap Rate. This +/- 57,387 SF multi-tenant office parcel is located in central Carson City, NV and is leased to a variety of state government agencies and local business operators. The property provides an ample parking ratio of 3.5/1,000 SF. Capital Plaza Business Center benefits from dense and affluent demographics with a total of +/- 22,409 households with an average income of $84,725 within a 3-mile radius. This strategic location allows tenants easy access to Lake Tahoe, Reno, Minden/Garnderville, and Tahoe Reno Industrial Center. *This pricing includes 1070 E William - a 3,100 SF standalone warehouse on site*
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
57,427 SF
Building Class
C
Year Built
1975
Price
$7,390,267 CAD
Price Per SF
$128.69 CAD
Cap Rate
8.03%
NOI
$593,681 CAD
Percent Leased
74%
Building Height
2 Stories
Typical Floor Size
28,714 SF
Building FAR
0.44
Lot Size
2.97 AC
Zoning
GC
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 002-123-07 | Improvements Assessment | $1,256,036 CAD |
| Land Assessment | $497,625 CAD | Total Assessment | $1,753,661 CAD |
Property Taxes
Parcel Number
002-123-07
Land Assessment
$497,625 CAD
Improvements Assessment
$1,256,036 CAD
Total Assessment
$1,753,661 CAD
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1000-1070 E William St
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