1808 E William St
Carson City, NV 89701
Industrial Property For Sale

1808 E William St is a ±10,432 SF multi-tenant retail and flex industrial property on 0.85 acres in a prime Carson City commercial location near the intersection of E William St (US Hwy 50 E) and N Saliman Rd. The offering comprises three structures: a 4,000 SF retail sales building fronting E William St, a 4,632 SF office and warehouse building divided into three suites, and a 1,800 SF garage building of two units set behind gated chain-link fencing. Four tenants occupy five units, and 2,058 SF of warehouse in Suite A is currently vacant and available for immediate lease-up.
The property presents a rare combination of in-place cash flow and immediate repositioning upside. Every tenancy is month-to-month and every lease is gross, with no CAM or NNN reimbursements billed. A buyer could restructure the entire rent roll to market triple-net terms without waiting for lease rollover; a path that takes Year 1 NOI from $77,441 to a pro forma $118,268, or from a 5.34% in-place cap rate to 8.16% on the asking price. Combined with lease-up of the vacant warehouse suite, the asset offers an investor immediate income, a clear and executable value-add plan, and frontage on one of Carson City's principal commercial corridors.