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Investment Highlights

  • Heavy traffic counts
  • Located in a great spot with easy access and lots of residents nearby
  • Lots of foot traffic during business hours

Executive Summary

This well-established commercial complex consists of four buildings with a total leasable square footage of 26,901 and 16 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential. If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today’s construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity

Data Room Click Here to Access

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $650,902 $23.54
Other Income - -
Vacancy Loss - -
Effective Gross Income $650,902 $23.54
Taxes - -
Operating Expenses $126,974 $4.59
Total Expenses $126,974 $4.59
Net Operating Income $523,928 $18.95

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $650,902
Annual Per SF $23.54
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $650,902
Annual Per SF $23.54
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $126,974
Annual Per SF $4.59
Total Expenses (CAD)
Annual $126,974
Annual Per SF $4.59
Net Operating Income (CAD)
Annual $523,928
Annual Per SF $18.95

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
27,649 SF
Building Class
B
Year Built
2006
Price
$9,769,929 CAD
Price Per SF
$353.36 CAD
Cap Rate
5.17%
NOI
$505,583 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
3.10 AC
Zoning
NC - Retail - Commercial Zoning
Parking
100 Spaces (3.62 Spaces per 1,000 SF Leased)

Amenities

  • Signalized Intersection
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 4,800 SF
  • $3.72 CAD
  • Triple Net
  • Dec 2030

Barton Health est un employeur sans but lucratif qui assure l'égalité des chances et ne fait aucune discrimination fondée sur le sexe, l'âge, la religion, la croyance, l'origine nationale, la race ou le handicap dans ses relations avec les patients, les visiteurs ou les employés.

  • BR Lindeza Skincare
  • Professional, Scientific, and Technical Services
  • 804 SF
  • $2.40 CAD
  • Triple Net
  • Oct 2029
  • Diamond Nails
  • Professional, Scientific, and Technical Services
  • 1,475 SF
  • $2.55 CAD
  • Triple Net
  • Jul 2030
  • Finance and Insurance
  • 950 SF
  • $2.47 CAD
  • Triple Net
  • Jun 2028

Si les clients pensent qu'Edward Jones est comme toutes les autres grandes sociétés d'investissement, détrompez-vous. Ils sont un chef de file dans le secteur des services financiers, mais ils adoptent une approche personnelle des affaires, une approche qui commence par une rencontre en personne entre un conseiller financier et un client. Les professionnels d'Edward Jones croient que l'établissement de relations à long terme avec leurs près de 7 millions de clients est essentiel pour répondre à leurs besoins. Que ce soit aux États-Unis ou au Canada, leurs plus de 19 000 conseillers financiers sont situés dans les collectivités où les clients vivent et travaillent — parce que c'est la meilleure façon de les connaître et de les aider à atteindre leurs objectifs financiers.

  • Health Benefits Associates Inc.
  • Professional, Scientific, and Technical Services
  • 827 SF
  • $2.60 CAD
  • Triple Net
  • Apr 2025
  • Professional, Scientific, and Technical Services
  • 3,495 SF
  • $4.25 CAD
  • Triple Net
  • Apr 2030

Merci de nous rendre visite en ligne ! Nous apprécions l'occasion de vous donner un aperçu de qui nous sommes au Quail Ridge Animal Hospital. En tant que cabinet vétérinaire à Southern Carson City, nous avons la merveilleuse occasion de combler un créneau nécessaire dans notre communauté. Le besoin d'un praticien des animaux exotiques augmente à pas de géant dans les comtés de Douglas, de Lyon et de Carson. Les gens ont besoin d'un vétérinaire capable de s'occuper de toute la famille. Ici, au Quail Ridge Animal Hospital, nous aimons toutes les créatures floues, fourrées, plumeuses et écailleuses que vous considérez comme faisant partie de votre famille. Nous offrons de nombreux services pour répondre à vos besoins en matière de chiens, de chats, d'oiseaux, d'animaux exotiques, d'animaux de poche et de reptiles. Grâce à nos installations vétérinaires à la fine pointe de la technologie, nous sommes en mesure d'effectuer une grande variété d'interventions ainsi que de pratiquer des diagnostics de qualité et des médicaments adaptés à chaque animal de compagnie.

  • Roys Restaurant
  • Accommodation and Food Services
  • 3,347 SF
  • $1.85 CAD
  • Triple Net
  • Apr 2028
  • Van Gogh and Vino
  • Arts, Entertainment, and Recreation
  • 626 SF
  • $2.54 CAD
  • Triple Net
  • Mar 2025
  • Win's Wheels, Inc.
  • Arts, Entertainment, and Recreation
  • 1,175 SF
  • $3.03 CAD
  • Triple Net
  • Oct 2026
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance 4,800 SF $3.72 CAD Triple Net Dec 2030
BR Lindeza Skincare Professional, Scientific, and Technical Services 804 SF $2.40 CAD Triple Net Oct 2029
Diamond Nails Professional, Scientific, and Technical Services 1,475 SF $2.55 CAD Triple Net Jul 2030
Finance and Insurance 950 SF $2.47 CAD Triple Net Jun 2028
Health Benefits Associates Inc. Professional, Scientific, and Technical Services 827 SF $2.60 CAD Triple Net Apr 2025
Professional, Scientific, and Technical Services 3,495 SF $4.25 CAD Triple Net Apr 2030
Roys Restaurant Accommodation and Food Services 3,347 SF $1.85 CAD Triple Net Apr 2028
Van Gogh and Vino Arts, Entertainment, and Recreation 626 SF $2.54 CAD Triple Net Mar 2025
Win's Wheels, Inc. Arts, Entertainment, and Recreation 1,175 SF $3.03 CAD Triple Net Oct 2026
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 1420-07-619-004
  • 1420-07-619-001
  • 1420-07-619-005
  • 1420-07-619-003
  • 1420-07-619-002
Land Assessment
$425,644 CAD (2026)
Improvements Assessment
$1,531,548 CAD (2026)
Total Assessment
$1,957,193 CAD (2026)
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 34923756

  • Date on Market: 2025-02-24

  • Last Updated:

  • Address: 931-939 Mica Dr, Carson City, NV 89705

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