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415 US Highway 95A S 2,400 SF 100% Leased Office Building Fernley, NV 89408 $1,243,112 CAD ($517.96 CAD/SF) 4.86% Cap Rate
Executive Summary
KW Commercial Group One is pleased to present the exclusive opportunity to acquire 415 Hwy 95A, Suite A, a professionally
maintained medical office investment located within the Sierra Meadows Business Plaza in Fernley, Nevada.
The ±2,400-square-foot medical office is leased to Pritchett Eye Care Associates under a Modified Gross (MG) lease with a
corporate guarantee by Keplr Vision, LLC, providing dependable income supported by an established healthcare organization.
Constructed in 1999 and extensively improved with a professional medical build-out in 2014, the property has been meticulously
maintained and presents in excellent condition. The owner maintains the roof and HVAC systems through a regular preventative
maintenance program, while Community in Common (CIC) services preserve the attractive common areas and landscaping.
Positioned within one of Northern Nevada’s fastest-growing communities, this offering combines stable cash flow, quality tenancy,
and long-term market fundamentals, making it an attractive opportunity for private investors and 1031 exchange buyers.
maintained medical office investment located within the Sierra Meadows Business Plaza in Fernley, Nevada.
The ±2,400-square-foot medical office is leased to Pritchett Eye Care Associates under a Modified Gross (MG) lease with a
corporate guarantee by Keplr Vision, LLC, providing dependable income supported by an established healthcare organization.
Constructed in 1999 and extensively improved with a professional medical build-out in 2014, the property has been meticulously
maintained and presents in excellent condition. The owner maintains the roof and HVAC systems through a regular preventative
maintenance program, while Community in Common (CIC) services preserve the attractive common areas and landscaping.
Positioned within one of Northern Nevada’s fastest-growing communities, this offering combines stable cash flow, quality tenancy,
and long-term market fundamentals, making it an attractive opportunity for private investors and 1031 exchange buyers.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,400 SF
Building Class
C
Year Built
1999
Price
$1,243,112 CAD
Price Per SF
$517.96 CAD
Cap Rate
4.86%
NOI
$60,415 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,400 SF
Lot Size
23.76 AC
Zoning
C2
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 021-132-50 | Improvements Assessment | $44,428 CAD |
| Land Assessment | $42,882 CAD | Total Assessment | $87,311 CAD |
Property Taxes
Parcel Number
021-132-50
Land Assessment
$42,882 CAD
Improvements Assessment
$44,428 CAD
Total Assessment
$87,311 CAD
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415 US Highway 95A S
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