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1295 E Moana Ln 9,100 SF 100% Leased Retail Building Reno, NV 89502 $5,906,996 CAD ($649.12 CAD/SF) 3.49% Cap Rate
Investment Highlights
- Signalized Corner with Dynamic Central Location
Executive Summary
Owner User Whole/Partial - 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 payment
Zoning - MA/Reno-Mixed-Use Airport Zoning allows for a wide range of uses
Property built in 2005 is fully fire sprinklered
Signalized corner - Dynamic central location by the Reno-Tahoe International Airport
Synergistic tenant mix with local favorites catering to the specific demands of the local customer
Strong traffic counts
SELLER 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. LICENSE # B.26908 - Vantage
Real Properties LLC
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 payment
Zoning - MA/Reno-Mixed-Use Airport Zoning allows for a wide range of uses
Property built in 2005 is fully fire sprinklered
Signalized corner - Dynamic central location by the Reno-Tahoe International Airport
Synergistic tenant mix with local favorites catering to the specific demands of the local customer
Strong traffic counts
SELLER 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. LICENSE # B.26908 - Vantage
Real Properties LLC
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2005
Price
$5,906,996 CAD
Price Per SF
$649.12 CAD
Cap Rate
3.49%
NOI
$206,058 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.25
Lot Size
0.82 AC
Zoning
MA - Reno-Mixed-Use Airport
Parking
31 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalized Intersection
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Brazilian Gourmet - Mobile Food Truck Depots
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Paleteria LaMichocana
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Brazilian Gourmet - Mobile Food Truck Depots | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - | |
| Paleteria LaMichocana | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 020-231-32 | Improvements Assessment | $531,076 CAD |
| Land Assessment | $231,385 CAD | Total Assessment | $762,461 CAD |
Property Taxes
Parcel Number
020-231-32
Land Assessment
$231,385 CAD
Improvements Assessment
$531,076 CAD
Total Assessment
$762,461 CAD
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Map
Presented by
Vantage Real Properties LLC
1295 E Moana Ln
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