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2456 Mountain City Hwy

2,180 SF Retail Building Elko, NV 89801 $3,130,921 ($1,436/SF) 5.75% Cap Rate

Retail Space Nevada Elko 2456 Mountain City Hwy, Elko, NV 89801

Investment Highlights

  • Situated along a prominent commercial corridor.
  • High visibility and high traffic counts with direct frontage along Idaho St.
  • Strong surrounding tenants including McDonald’s, Starbucks, and Pizza Hut.

Executive Summary

Drive-Thru Restaurant Building with strong credit franchisee with 37 years experience. GBK Foods, LLC owns 4 Wendy’s locations. Wendy’s is the third largest hamburger fast-food chain in the United States.

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,180 SF
Building Class
B
Year Built
2020
Price
$3,130,921
Price Per SF
$1,436
Cap Rate
5.75%
NOI
$180,028
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.43 AC
Zoning
C - Commercial
Parking
9 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
111 FT on Nevada 225

Amenities

  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Wendy's
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Wendy's Accommodation and Food Services 99,999 SF - Lorem Ipsum -
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2456 Mountain City Hwy, Elko, NV - aerial map view

Nearby Major Retailers

Starbucks
Smith's
Dotty's
Raley's
Nevada State Bank
Teriyaki Madness

PROPERTY TAXES

Parcel Number 001-660-140 Improvements Assessment $309,573
Land Assessment $37,362 Total Assessment $346,935

PROPERTY TAXES

Parcel Number
001-660-140
Land Assessment
$37,362
Improvements Assessment
$309,573
Total Assessment
$346,935
(206) 330-1614

Contact

  • Listing ID: 31591506

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 2456 Mountain City Hwy, Elko, NV 89801

More public record information on 2456 Mountain City Hwy, Elko, NV 89801

The Retail Property at 2456 Mountain City Hwy, Elko, NV 89801 is currently available for sale. Contact Legend Partners for more information.

Nearby Listings

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2456 Mountain City Hwy, Elko, NV for sale Building Photo- Image 1 of 3
Wendy's
2456 Mountain City Hwy, Elko, NV for sale Aerial- Image 2 of 3
2456 Mountain City Hwy

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2456 Mountain City Hwy
(206) 330-1614 x

2456 Mountain City Hwy

Tanner Olson

(206) 330-1614

(206) 330-1614

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