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Suite A 5482 Longley Ln 4,253 SF Office Building Reno, NV 89511 $1,640,939 CAD ($385.83 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Conveniently positioned on Longley Lane with easy access to McCarran Boulevard, I-580, and major employment centers.
- Strong Investment Potential - Well Established Tenant
- Functional layout suitable for a variety of professional, office, service, or business uses.
Executive Summary
An excellent opportunity to own a well-positioned commercial property at 5482 Longley Lane, Suite A in Reno’s established South Reno business corridor. This versatile property offers an attractive opportunity for an investor looking for a stable tenant and a great addition to their portfolio. The Longley Lane location provides convenient access to major transportation routes, surrounding residential neighborhoods, established businesses, and key areas throughout the Reno/Sparks market. With its functional commercial layout and strong South Reno location, 5482 Longley Lane, Suite A presents an excellent opportunity to acquire a well-located commercial asset in one of Northern Nevada’s most active business markets. Contact ArchCrest Commercial Partners today for pricing, additional property information, or to schedule a private tour.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
4,253 SF
Building Class
B
Year Built
2006
Price
$1,640,939 CAD
Price Per SF
$385.83 CAD
Cap Rate
6.25%
NOI
$102,559 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,174 SF
Building FAR
0.70
Lot Size
0.14 AC
Zoning
GO
Parking
25 Spaces (0 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $372,605 CAD | |
| Land Assessment | $143,863 CAD | Total Assessment | $516,468 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$143,863 CAD
Improvements Assessment
$372,605 CAD
Total Assessment
$516,468 CAD
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Suite A | 5482 Longley Ln
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