Is this your property? Sell it faster with premium placement and targeted ads.
FULLY LEASED Mixed-Use Investment Opportunity - Anchored by State of Nevada For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment. Property Highlights: Building Details: Building 1: +/-6,552 sq. ft. constructed in 1973 Building 2: +/-3,024 sq. ft. constructed in 1976 Configuration: 3 office spaces 2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath) 1 storage space Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades. Financials: Net Operating Income (NOI): $58,330 Cap Rate: 7.4% Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (...
FULLY LEASED Mixed-Use Investment Opportunity - Anchored by State of Nevada For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment. Property Highlights: Building Details: Building 1: +/-6,552 sq. ft. constructed in 1973 Building 2: +/-3,024 sq. ft. constructed in 1976 Configuration: 3 office spaces 2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath) 1 storage space Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades. Financials: Net Operating Income (NOI): $58,330 Cap Rate: 7.4% Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (photos available, taken prior to re-leasing). Why Invest? Proven Stability: 20+ years of uninterrupted tenancy by the State of Nevada, a creditworthy anchor tenant. Diverse Income Streams: Mix of office, residential, and storage spaces ensures resilience and versatility. Prime Location: High-demand area with strong historical occupancy and immediate cash flow from day one. Seize this rare chance to own a fully leased, income-generating property backed by the strength of long-term Nevada state leases. Contact us today to request financials or schedule a viewing!
Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationHave an account?Sign In
Is this your property? Sell it faster with premium placement and targeted ads.