126 Victorian Ave
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126 Victorian Ave
5,200 SF 100% Leased Retail Building Sparks, NV 89431 $2,400,000 ($462/SF) 5.72% Cap Rate
Investment Highlights
- Great Commercial Frontage
- Owner/User Opportunity
- Possible Add Value
Executive Summary
This property includes a Commercial Building with frontage on Victorian Ave. The Tenants are a connivence store and nail salon. There are also two - 2 bedroom 1 bath apartments and four - 1 bedroom 1 bath apartments. This is a great opportunity for an Investment and Owner User. Plus there is a possibility to add value as the one bedroom apartments are below market rent. The Owner of the convenience store is also willing to sell his business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,200 SF
Year Built
1936
Price
$2,400,000
Price Per SF
$462
Cap Rate
5.72%
NOI
$137,280
Percent Leased
100%
Building Height
2 Stories
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 033-315-12 | Improvements Assessment | $64,490 |
| Land Assessment | $44,692 | Total Assessment | $109,181 |
PROPERTY TAXES
Parcel Number
033-315-12
Land Assessment
$44,692
Improvements Assessment
$64,490
Total Assessment
$109,181
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126 Victorian Ave
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