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1621 E William St
Carson City, NV 89701
Retail Property For Sale

Investment Highlights

  • Fully-Leased Retail Center Walking Distance from Carson High School
  • 6.34% in-place cap rate
  • Dutch Bros, Port of Subs, Lone Peak Dental

Executive Summary

This fully-occupied multi-tenant retail center sits at the corner of N Saliman Road and E William Street (US Highway 50 E), one of Carson City's principal commercial corridors, with 650 ft of linear frontage and immediate proximity to the I-580 onramp. The 10,194 SF center is fully leased to a stabilized roster of seven tenants, including national and regional draws such as Dutch Bros, Port of Subs, and Lone Peak Dental, delivering a durable, diversified income stream with an attractive 6.34% in-place cap rate. The offering also includes an adjacent parcel ground-leased to Dutch Bros, adding a credit-backed, long-term land-lease component alongside the multi-tenant building. Situated within walking distance of Carson High School and surrounded by established retail and residential density, the property benefits from consistent daily traffic and a proven tenant mix. With a recently resurfaced parking lot and strong highway visibility, the asset presents a turnkey, income-producing opportunity for investors seeking stabilized cash flow in a growing Northern Nevada market.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,194 SF
Building Class
B
Year Built
2001
Price
$4,619,449 CAD
Price Per SF
$453.15 CAD
Cap Rate
6.34%
NOI
$292,873 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.70 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
41 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
650’ on E William St

Amenities

  • Drive Thru
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 008-152-21
  • 008-152-98
Land Assessment
$417,664 CAD
Improvements Assessment
$498,600 CAD
Total Assessment
$916,264 CAD
  • Listing ID: 41891936

  • Date on Market: 2026-08-26

  • Last Updated:

  • Address: 1621 E William St, Carson City, NV 89701

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