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2243 Park Pl 21,918 SF 61% Leased Flex Building Minden, NV 89423 $6,281,640 CAD ($286.60 CAD/SF) 5.71% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Meridian Business Park
  • ±8,040 SF Turnkey Office Suite Available
  • Flex Property on Corner of Airport Rd

EXECUTIVE SUMMARY

Positioned in Meridian Business Park, 0.4 miles from Minden-Tahoe Airport, this flex property represents a 5.71% proforma cap rate for its ±20,304 rentable SF. The building includes two office suites, one warehouse suite, and one storage suite, and is 61% leased through August 2026. This is a great opportunity for investors or owner-users looking to occupy turnkey office space. Unit C offers ±8,040 SF of functional upstairs office space with elevator access, featuring three large workspaces, three private offices, board room, reception area, and break room with kitchenette. Existing cubicles provide immediate occupancy potential. The additionally available ±1,132 SF downstairs storage area with man door access adds flexibility.

PROPERTY FACTS

Price $6,281,640 CAD
Price Per SF $286.60 CAD
Sale Type Investment or Owner User
Cap Rate 5.71%
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Light Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 1.48 AC
Rentable Building Area 21,918 SF
No. Stories 2
Year Built 2004
Parking Ratio 2.37/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning LI - Light Industrial

AMENITIES

  • 24 Hour Access
  • Security System
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - County
  • Sewer - County
  • Heating - Gas

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Stangenes
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Stangenes Retailer - - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - Storage
  • 1,132 SF
  • Flex
  • Partial Build-Out
  • Now

Downstairs storage space accessible via man door.

  • 2nd Fl-Ste Unit C
  • 8,040 SF
  • Office
  • Full Build-Out
  • Now

Upstairs office suite, accessible via elevator. Space includes three large workspaces, four private offices, board room, reception area, and break room with kitchenette. Cubicles included in lease.

Space Size Space Use Condition Available
1st Fl - Storage 1,132 SF Flex Partial Build-Out Now
2nd Fl-Ste Unit C 8,040 SF Office Full Build-Out Now

1st Fl - Storage

Size
1,132 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste Unit C

Size
8,040 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl - Storage

Size 1,132 SF
Space Use Flex
Condition Partial Build-Out
Available Now

Downstairs storage space accessible via man door.

2nd Fl-Ste Unit C

Size 8,040 SF
Space Use Office
Condition Full Build-Out
Available Now

Upstairs office suite, accessible via elevator. Space includes three large workspaces, four private offices, board room, reception area, and break room with kitchenette. Cubicles included in lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1320-08-410-009
Land Assessment
$59,941 CAD
Improvements Assessment
$1,001,097 CAD
Total Assessment
$1,061,038 CAD
  • Listing ID: 35953743

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: 2243 Park Pl, Minden, NV 89423

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