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301-309 S Kietzke Ln 4,815 SF 100% Leased Retail Building Reno, NV 89502 $1,405,300 CAD ($291.86 CAD/SF) 6.44% Cap Rate
Executive Summary
Strong income-producing property with immediate investment appeal. 100% occupied by long-term successful businesses.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,815 SF
Building Class
C
Year Built
1965
Price
$1,405,300 CAD
Price Per SF
$291.86 CAD
Cap Rate
6.44%
NOI
$90,501 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.42 AC
Zoning
MU
Parking
45 Spaces (9.35 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 012-165-09 | Improvements Assessment | $76,998 CAD |
| Land Assessment | $188,968 CAD | Total Assessment | $265,967 CAD |
Property Taxes
Parcel Number
012-165-09
Land Assessment
$188,968 CAD
Improvements Assessment
$76,998 CAD
Total Assessment
$265,967 CAD
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301-309 S Kietzke Ln
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