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70 Linden St

14,000 SF 33% Leased Office Building Reno, NV 89502 $3,990,000 ($285/SF) 6.50% Cap Rate

Executive Summary

Welcome to 70 Linden St, a flex industrial, retail and/or office building. Boasting 800amps of power with a dedicated NV Energy transformer on site, the building is powered significantly more than your average office space. The large parking lot allows for many different use types, including putting a fenced yard for your exterior storage needs, or adding a metal shed building for additional storage. The building can be used for retail, office, or industrial flex uses. All new plumbing, electrical, HVAC, insulation, exterior paint, and more. The building went through a heavy renovation process to get it turnkey for a user or investor. Construction will be finished by May 2023 or sooner.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
B
Year Built/Renovated
1960/2023
Price
$3,990,000
Price Per SF
$285
Cap Rate
6.50%
NOI
$259,350
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.54
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
MU - Mixed-Used
Parking
44 Spaces (3.14 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 1
  • 593 SF
  • Office/Retail
  • Full Build-Out
  • Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

  • 2nd Fl-Ste 2
  • 1,026 SF
  • Office/Retail
  • Full Build-Out
  • Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

  • 2nd Fl-Ste 3
  • 991 SF
  • Retail
  • Full Build-Out
  • Now

Newly built out Salon on the second floor LVP Flooring, black painted aesthetic 1 sink installed Dividing wall and 2nd room in back of unit Bathrooms on the floor: 3 mens and 3 womens, ADA included. Everything in the building is brand new: electrical, hvac, plumbing, etc.

  • 2nd Fl-Ste 4
  • 656 SF
  • Office/Retail
  • Full Build-Out
  • Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

  • 2nd Fl-Ste 5
  • 734 SF
  • Office/Retail
  • Full Build-Out
  • Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

  • 2nd Fl-Ste 7
  • 1,172 SF
  • Office/Retail
  • Full Build-Out
  • Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

  • 2nd Fl-Ste 8
  • 713 SF
  • Office/Retail
  • Full Build-Out
  • Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

Space Size Space Use Condition Available
2nd Fl-Ste 1 593 SF Office/Retail Full Build-Out Now
2nd Fl-Ste 2 1,026 SF Office/Retail Full Build-Out Now
2nd Fl-Ste 3 991 SF Retail Full Build-Out Now
2nd Fl-Ste 4 656 SF Office/Retail Full Build-Out Now
2nd Fl-Ste 5 734 SF Office/Retail Full Build-Out Now
2nd Fl-Ste 7 1,172 SF Office/Retail Full Build-Out Now
2nd Fl-Ste 8 713 SF Office/Retail Full Build-Out Now

2nd Fl-Ste 1

Size
593 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 2

Size
1,026 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 3

Size
991 SF
Space Use
Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 4

Size
656 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 5

Size
734 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 7

Size
1,172 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 8

Size
713 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 1

Size 593 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

2nd Fl-Ste 2

Size 1,026 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

2nd Fl-Ste 3

Size 991 SF
Space Use Retail
Condition Full Build-Out
Available Now

Newly built out Salon on the second floor LVP Flooring, black painted aesthetic 1 sink installed Dividing wall and 2nd room in back of unit Bathrooms on the floor: 3 mens and 3 womens, ADA included. Everything in the building is brand new: electrical, hvac, plumbing, etc.

2nd Fl-Ste 4

Size 656 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

2nd Fl-Ste 5

Size 734 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

2nd Fl-Ste 7

Size 1,172 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

2nd Fl-Ste 8

Size 713 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Brand new Retail/Office Space, has elevator for 2nd floor. Common area bathrooms and large parking lot.

Walk Score®
Very Walkable (85)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 020-012-03
  • 020-012-04
Land Assessment
$108,360
Improvements Assessment
$506,489
Total Assessment
$614,849
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 27699242

  • Date on Market: 2/7/2023

  • Last Updated:

  • Address: 70 Linden St, Reno, NV 89502

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