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851 Tanager St 1,500 SF 100% Leased Retail Building Incline Village, NV 89451 $1,928,500 CAD ($1,285.67 CAD/SF) 4.50% Cap Rate
Investment Highlights
- 1,500SF Shop Space in Incline Village
- Fully Leased
- High Barrier Entry to market
Executive Summary
The property is offered with a lease in place generating $63,000
annually expires 05/31/27, featuring Two - Five year extension options
with 3% annual increases—providing stable income and long-term upside.
Surrounded by natural beauty and just minutes from world-class
recreation, dining, and amenities, this asset combines reliable cash flow
with an unbeatable location.
annually expires 05/31/27, featuring Two - Five year extension options
with 3% annual increases—providing stable income and long-term upside.
Surrounded by natural beauty and just minutes from world-class
recreation, dining, and amenities, this asset combines reliable cash flow
with an unbeatable location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,500 SF
Building Class
C
Year Built
1985
Price
$1,928,500 CAD
Price Per SF
$1,285.67 CAD
Cap Rate
4.50%
NOI
$86,783 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.31 AC
Zoning
TA_IVC - Tahoe-Incline Village Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 132-222-12 | Improvements Assessment | $42,314 CAD |
| Land Assessment | $95,406 CAD | Total Assessment | $137,720 CAD |
Property Taxes
Parcel Number
132-222-12
Land Assessment
$95,406 CAD
Improvements Assessment
$42,314 CAD
Total Assessment
$137,720 CAD
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851 Tanager St
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