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2222 Park Pl - Park Place Industrial 3,106 SF Industrial Condo Unit Offered at $890,661 CAD in Minden, NV 89423
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.85% |
| Sale Type | Investment |
| Cap Rate | 5.85% |
Description
This well-maintained industrial/flex condominium sits 1/3 mi from the Minden-Tahoe Airport in Meridian Business Park. Constructed in 2005, the unit pairs a functional warehouse with an attached, professionally finished office featuring a reception area with direct warehouse access, a private office, and a restroom. The warehouse is built for real work: a generous clear height, a grade-level rollup door with a separate rear man door, and three-phase, 480-volt power that readily supports fabrication, light manufacturing, or equipment-intensive use.
Sale Notes
Currently leased to an in-place tenant, the property delivers immediate, stabilized income at a 5.85% cap rate, an efficient acquisition for an investor seeking hands-off cash flow, or for an owner-user positioned to occupy upon lease expiration. With its concrete tilt-up construction, versatile layout, and sought-after business-park setting, the unit represents a turnkey small industrial suite opportunity in a supply-constrained Minden industrial market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3D | 3,106 SF | Industrial | $890,661 CAD ($286.76 CAD/SF) | $52,103.68 CAD |
Unit 3D
| Unit Size |
| 3,106 SF |
| Condo Use |
| Industrial |
| Price |
| $890,661 CAD ($286.76 CAD/SF) |
| NOI |
| $52,103.68 CAD |
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Unit 3D
| Unit Size | 3,106 SF |
| Condo Use | Industrial |
| Price | $890,661 CAD ($286.76 CAD/SF) |
| NOI | $52,103.68 CAD |
| Sale Type | Investment |
| Cap Rate | 5.85% |
| Description | |
| This well-maintained industrial/flex condominium sits 1/3 mi from the Minden-Tahoe Airport in Meridian Business Park. Constructed in 2005, the unit pairs a functional warehouse with an attached, professionally finished office featuring a reception area with direct warehouse access, a private office, and a restroom. The warehouse is built for real work: a generous clear height, a grade-level rollup door with a separate rear man door, and three-phase, 480-volt power that readily supports fabrication, light manufacturing, or equipment-intensive use.</li></ul> | |
| Sale Notes | |
| Currently leased to an in-place tenant, the property delivers immediate, stabilized income at a 5.85% cap rate, an efficient acquisition for an investor seeking hands-off cash flow, or for an owner-user positioned to occupy upon lease expiration. With its concrete tilt-up construction, versatile layout, and sought-after business-park setting, the unit represents a turnkey small industrial suite opportunity in a supply-constrained Minden industrial market.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,812 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 3,108 SF |
| Property Subtype | Warehouse | Year Built | 2005 |
| Building Class | B | Lot Size | 2.64 AC |
| Zoning | L-I - General Industrial | ||
| Total Building Size | 15,812 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,108 SF |
| Year Built | 2005 |
| Lot Size | 2.64 AC |
| Zoning | L-I - General Industrial |
Amenities
- 24 Hour Access
- Reception
- Storage Space
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Contacts
-
Mallory LaBranch -
Blaise LaBranch -
Andie Bonkowski -
Logic Commercial Real Estate
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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2222 Park Pl - Park Place Industrial
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