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890 Gentry Way 11,915 SF Retail Building Reno, NV 89502 $3,420,004 CAD ($287.03 CAD/SF) 7.51% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Zoned General Commercial
  • 9 Garage Bay Doors
  • Large Parcel

EXECUTIVE SUMMARY

Newly renovated in 2023, this two-story industrial building boasts 7,500 square feet of insulated industrial space on the first floor, and roughly 4,400sqft of newly renovated office upstairs. With brand new siding, new windows, new garage bay doors and more, this building is delivered to an investor looking for a turnkey investment. The entire building is leased to General Transmission, a transmission shop in business for over 30 years.
With a large frontage to Interstate 580, this building allows for the highest traffic count available in Reno.
Over 10,000sqft of yard space, and 9 large garage bay doors into the first floor.
Parcel is zoned General Commercial, making it one of the last few parcels left to operate an auto body business. Please do not disturb the tenant. Contact listing agent for a showing today.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,915 SF
Building Class
B
Year Built/Renovated
1982/2023
Price
$3,420,004 CAD
Price Per SF
$287.03 CAD
Cap Rate
7.51%
NOI
$256,971 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.60 AC
Zoning
GC - General Commercial
Parking
30 Spaces (2.52 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Grocery Outlet
Rent-A-Center
Columbia Bank
IGA
Raley's
Dotty’s
Capriotti's
Denny's
L & L Hawaiian Barbecue
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-221-28
Land Assessment
$144,341 CAD
Improvements Assessment
$275,221 CAD
Total Assessment
$419,562 CAD
  • Listing ID: 29447942

  • Date on Market: 2023-09-06

  • Last Updated:

  • Address: 890 Gentry Way, Reno, NV 89502

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