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3947-3959 S Carson St
Carson City, NV 89701
Retail Property For Sale


Investment Highlights
- Fully-Occupied Retail Bldg within Southgate Shopping Center
- Center Co-Tenants: Hobby Lobby, Ross, Olive Garden
- Tenants: Wing Stop, Baskin Robbins, Subway, Jackson Hewitt
Executive Summary
This multi-tenant retail building sits within Carson City's established Southgate shopping center, fronting directly on S Carson Street with excellent visibility and a dedicated monument sign just for this parcel. The 7,948 SF building is fully leased to five tenants, including national credit tenants Baskin Robbins, Subway, Wing Stop, and Jackson Hewitt, providing a stabilized, service-oriented income stream. As part of the broader Southgate center, the property draws from the daily traffic generated by major national co-tenants including Hobby Lobby, JCPenney, Ross, Big 5 Sporting Goods, McDonald's, Olive Garden, and Nevada State Bank, benefiting from the center's proven regional draw. Its location just 0.6 mi from the I-580 / US-395 / US-50 interchange places the asset at one of the market's most heavily trafficked commercial nodes. With strong frontage, established tenancy, and a premier retail setting, the property 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
7,948 SF
Building Class
B
Year Built
1995
Price
$3,798,900 CAD
Price Per SF
$477.97 CAD
Cap Rate
5.43%
NOI
$206,280 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.98 AC
Zoning
GC - General Commercial
Parking
30 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
125’ on Carson St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 009-125-10 | Improvements Assessment | $388,136 CAD |
| Land Assessment | $258,553 CAD | Total Assessment | $646,690 CAD |
Property Taxes
Parcel Number
009-125-10
Land Assessment
$258,553 CAD
Improvements Assessment
$388,136 CAD
Total Assessment
$646,690 CAD
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