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875 Panther Dr 58,300 SF 100% Leased 4-Star Industrial Building Reno, NV 89506 $17,733,560 CAD ($304.18 CAD/SF) 5.44% Cap Rate
Investment Highlights
- Stucco exterior with steel framed metal mesh screens for articulation per city requirements
- Parking 0.7 per 1,000 SF
- Northwest office consists or 2,381 SF & Northeast office consists of 2,172 SF. Both offices contain breakroom, conference and multiple private offices
Executive Summary
› 100% leased
› Newly constructed
› Two-tenants
› Remaining lease term of 4.67 years
› Market rental rate with 3.5% annual escalations
› Visible from Interstate 580
› Easily accessible from I-80 & I-580
› Strategic Location for distribution to Western States
› Newly constructed
› Two-tenants
› Remaining lease term of 4.67 years
› Market rental rate with 3.5% annual escalations
› Visible from Interstate 580
› Easily accessible from I-80 & I-580
› Strategic Location for distribution to Western States
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $17,733,560 CAD | Rentable Building Area | 58,300 SF |
| Price Per SF | $304.18 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2024 |
| Cap Rate | 5.44% | Parking Ratio | 0.58/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 28’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 15 |
| Building Class | A | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 4.41 AC | ||
| Zoning | I - Industrial | ||
| Price | $17,733,560 CAD |
| Price Per SF | $304.18 CAD |
| Sale Type | Investment |
| Cap Rate | 5.44% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | A |
| Lot Size | 4.41 AC |
| Rentable Building Area | 58,300 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 0.58/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 15 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I - Industrial |
Amenities
- Wheelchair Accessible
1 1
Property Taxes
| Parcel Number | 082-851-15 | Improvements Assessment | $2,392,766 CAD |
| Land Assessment | $367,729 CAD | Total Assessment | $2,760,494 CAD |
Property Taxes
Parcel Number
082-851-15
Land Assessment
$367,729 CAD
Improvements Assessment
$2,392,766 CAD
Total Assessment
$2,760,494 CAD
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875 Panther Dr
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