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1520 Silver St
Elko, NV 89801
Single Tenant NNN Leased Industrial | Sandvik · Industrial Property For Sale


Investment Highlights
- ?Newly constructed, build-to-suit asset with future expansion capability
- ?Stabilized NNN investment with long-term leases and contractual rent growth
- Purpose-built and operationally critical — high barriers to relocation
- ?100% leased to Sandvik
- Structural demand: domestic resource production
- Lease secured by Standby Letter of Credit from Bank of America
Executive Summary
Newmark Mountain West and Colliers are pleased to exclusively present the Sandvik Mining Facility at 1520 W. Silver Street, Elko, Nevada — a newly constructed, build-to-suit industrial asset leased to Sandvik (Nasdaq Stockholm: SAND) and strategically located within one of the most active mining regions in the world.
The Property represents Sandvik’s largest mining-focused operation in the United States, serving as a critical service and logistics hub for mining activity throughout Northern Nevada — a region accounting for approximately 70–75% of total U.S. gold production. The 90,772-squarefoot Class A facility was delivered in 2025 on 18.75 acres and is purposebuilt to support equipment servicing, parts inventory, and operational coordination for many of the world’s leading gold producers, including Barrick Gold, Newmont, Integra Resources, First Majestic Silver, Orla Mining, and Ridgeline Minerals.
The investment offers durable, in-place cash flow backed by a 150-yearold global engineering and technology company operating in 130-plus countries with approximately $11–12 billion in annual revenue. Sandvik’s service-driven, recurring-revenue model — combined with rising domestic investment in critical minerals, electrification, and supply chain resilience — positions the facility as embedded infrastructure supporting long-term industrial production rather than a discretionary asset.
The Property represents Sandvik’s largest mining-focused operation in the United States, serving as a critical service and logistics hub for mining activity throughout Northern Nevada — a region accounting for approximately 70–75% of total U.S. gold production. The 90,772-squarefoot Class A facility was delivered in 2025 on 18.75 acres and is purposebuilt to support equipment servicing, parts inventory, and operational coordination for many of the world’s leading gold producers, including Barrick Gold, Newmont, Integra Resources, First Majestic Silver, Orla Mining, and Ridgeline Minerals.
The investment offers durable, in-place cash flow backed by a 150-yearold global engineering and technology company operating in 130-plus countries with approximately $11–12 billion in annual revenue. Sandvik’s service-driven, recurring-revenue model — combined with rising domestic investment in critical minerals, electrification, and supply chain resilience — positions the facility as embedded infrastructure supporting long-term industrial production rather than a discretionary asset.
Property Facts
| Sale Type | Investment NNN | Year Built | 2025 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | A | Parking Ratio | 0.77/1,000 SF |
| Lot Size | 18.75 AC | No. Dock-High Doors/Loading | 3 |
| Rentable Building Area | 90,772 SF | No. Drive In / Grade-Level Doors | 21 |
| No. Stories | 2 | ||
| Zoning | L-I | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Building Class | A |
| Lot Size | 18.75 AC |
| Rentable Building Area | 90,772 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Tenancy | Single |
| Parking Ratio | 0.77/1,000 SF |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 21 |
| Zoning | L-I |
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