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11440 Digital Ct 60,778 SF Specialty Building Offered at $150,700 CAD at a 7.35% Cap Rate in Sparks, NV 89441



Investment Highlights
- Ownership Over Renting in a High-Demand Asset Class
- Secure, Low-Maintenance Investment with Scalable Upside
- Functional, Power-Ready Space for Premium Users
Executive Summary
Investment Opportunity LuxeLocker Unit E89
This is not storage. This is ownership in a high demand asset class that sits right at the intersection of lifestyle and functionality.
Welcome to LuxeLocker Spanish Springs one of the only purpose built storage condo communities in Northern Nevada designed for owners who need secure, flexible space for high value assets, business use, or both.
Unit E89 delivers exactly that.
Offering approximately 653 square feet of clean, usable space, this unit is designed to perform. Equipped with 110V outlets (20 amp) and a dedicated 30-amp RV plug, it immediately opens the door to a higher quality tenant profile RV owners, contractors, business operators, and individuals storing high value equipment who are willing to pay for convenience, power access, and security.
This is where this investment separates itself.
Most storage options in the market are passive, low quality outdoor lots competing on price. This is the opposite. LuxeLocker attracts users who prioritize security, accessibility, and control, not the cheapest monthly rate. That creates stronger, more stable rental demand and a tenant base that treats the space like their own.
The facility itself reinforces that value:
• Secure, gated access with surveillance
• Drive-in access with a 12x14 overhead door
• Commercial wash bay, dump station, and on-site amenities
• Professionally managed association maintaining the asset
Located just off Highway 445 in Spanish Springs, the property benefits from easy access without congestion, making it highly functional for daily use.
From an investment standpoint, this checks multiple boxes:
• Low entry point relative to traditional industrial assets
• Strong rental demand in a supply constrained niche
• Minimal management intensity compared to multi-tenant properties
• Flexible exit strategy owner user or investor resale
And most importantly:
You’re not competing with traditional storage.
You’re positioned in a growing segment where users are storing six-figure vehicles, running small businesses, or simply want a secure, controlled space they can access on their terms. That’s a different renter. And a better one.
This is not storage. This is ownership in a high demand asset class that sits right at the intersection of lifestyle and functionality.
Welcome to LuxeLocker Spanish Springs one of the only purpose built storage condo communities in Northern Nevada designed for owners who need secure, flexible space for high value assets, business use, or both.
Unit E89 delivers exactly that.
Offering approximately 653 square feet of clean, usable space, this unit is designed to perform. Equipped with 110V outlets (20 amp) and a dedicated 30-amp RV plug, it immediately opens the door to a higher quality tenant profile RV owners, contractors, business operators, and individuals storing high value equipment who are willing to pay for convenience, power access, and security.
This is where this investment separates itself.
Most storage options in the market are passive, low quality outdoor lots competing on price. This is the opposite. LuxeLocker attracts users who prioritize security, accessibility, and control, not the cheapest monthly rate. That creates stronger, more stable rental demand and a tenant base that treats the space like their own.
The facility itself reinforces that value:
• Secure, gated access with surveillance
• Drive-in access with a 12x14 overhead door
• Commercial wash bay, dump station, and on-site amenities
• Professionally managed association maintaining the asset
Located just off Highway 445 in Spanish Springs, the property benefits from easy access without congestion, making it highly functional for daily use.
From an investment standpoint, this checks multiple boxes:
• Low entry point relative to traditional industrial assets
• Strong rental demand in a supply constrained niche
• Minimal management intensity compared to multi-tenant properties
• Flexible exit strategy owner user or investor resale
And most importantly:
You’re not competing with traditional storage.
You’re positioned in a growing segment where users are storing six-figure vehicles, running small businesses, or simply want a secure, controlled space they can access on their terms. That’s a different renter. And a better one.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $150,700 CAD | Building Class | A |
| Price Per SF | $2.48 CAD | Lot Size | 1.40 AC |
| Sale Type | Investment or Owner User | Building Size | 60,778 SF |
| Cap Rate | 7.35% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Self-Storage | ||
| Zoning | I - Industrial | ||
| Price | $150,700 CAD |
| Price Per SF | $2.48 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.35% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | A |
| Lot Size | 1.40 AC |
| Building Size | 60,778 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Zoning | I - Industrial |
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $3,070,654 CAD | |
| Land Assessment | $1,407,565 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,663,108 CAD | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$1,407,565 CAD
Improvements Assessment
$1,663,108 CAD
Total Assessment
$3,070,654 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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Videos
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Photos
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Map
Presented by
Raynor Real Estate
11440 Digital Ct
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