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NNN LEASED INVESTMENT 831 Keystone Ave 3,245 SF Office Building Reno, NV 89503 $1,669,830 CAD ($514.59 CAD/SF) 6.25% Cap Rate
Investment Highlights
- NNN LEASE
- Long term Tenant
- Newer Roof
Executive Summary
Johnson Group Commercial is pleased to offer for sale a NNN-leased building to Visionary Partners NV, LLC - Pritchett Eye Care Associates, centrally located in Reno NV. This approximately 3,245 sq ft property, complete with a basement, has undergone recent upgrades and provides convenient on-site parking. It offers excellent accessibility to the University of Nevada, downtown Reno, and Interstate 80, making it an ideal investment opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,245 SF
Building Class
B
Year Built
1948
Price
$1,669,830 CAD
Price Per SF
$514.59 CAD
Cap Rate
6.25%
NOI
$104,364 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,245 SF
Slab To Slab
9’
Building FAR
0.27
Lot Size
0.28 AC
Zoning
PO - Professional Office
Parking
10 Spaces (3.08 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 006-074-37 | Improvements Assessment | $53,121 CAD |
| Land Assessment | $112,369 CAD | Total Assessment | $165,490 CAD |
Property Taxes
Parcel Number
006-074-37
Land Assessment
$112,369 CAD
Improvements Assessment
$53,121 CAD
Total Assessment
$165,490 CAD
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NNN LEASED INVESTMENT | 831 Keystone Ave
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