890 Gentry Way 11,915 SF Retail Building Reno, NV 89502 $2,650,000 ($222.41/SF) 6.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Zoned General Commercial
- 9 Garage Bay Doors
- Large Parcel
EXECUTIVE SUMMARY
Newly renovated in 2023, this two-story industrial building boasts 7,500 square feet of insulated industrial space on the first floor, and roughly 4,400sqft of newly renovated office upstairs. With brand new siding, new windows, new garage bay doors and more, this building is delivered to an investor looking for a turnkey investment. The entire building is leased to General Transmission, a transmission shop in business for over 30 years.
With a large frontage to Interstate 580, this building allows for the highest traffic count available in Reno.
Over 10,000sqft of yard space, and 9 large garage bay doors into the first floor.
Parcel is zoned General Commercial, making it one of the last few parcels left to operate an auto body business. Please do not disturb the tenant. Contact listing agent for a showing today.
With a large frontage to Interstate 580, this building allows for the highest traffic count available in Reno.
Over 10,000sqft of yard space, and 9 large garage bay doors into the first floor.
Parcel is zoned General Commercial, making it one of the last few parcels left to operate an auto body business. Please do not disturb the tenant. Contact listing agent for a showing today.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,915 SF
Building Class
B
Year Built/Renovated
1982/2023
Price
$2,650,000
Price Per SF
$222.41
Cap Rate
6.95%
NOI
$184,087
Tenancy
Single
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.60 AC
Zoning
GC - General Commercial
Parking
30 Spaces (2.52 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 020-221-28 | Improvements Assessment | $196,225 |
| Land Assessment | $102,911 | Total Assessment | $299,136 |
