931-939 Mica Drive Active Save Request In-Person Tour Request Virtual Tour
Carson City,NV 89705
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 28,000 sqft
Price per Sqft $254
Subdivision Nv
MLS Listing ID 250002225
Year Built 2006
Lot Size 3.090 Acres
Acres 3.09
Property Sub-Type Commercial
Property Description
This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and 17 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential. If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today's construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity
Location
State NV
County Douglas
Zoning NC
Interior
Interior Features Sheet Rock
Heating Natural Gas,Central Refrig A/C,Forced Air
Flooring Concrete,Carpet,Sheet Vinyl
Exterior
Exterior Feature Masonite
Fence Yes,Masonry
Utilities Available Cable,City Sewer,DSL Available,Electricity,Natural Gas,Telephone,City/County Water
Roof Type Membrane,Flat
Total Parking Spaces 100
Building
Story 1 Story
Foundation Concrete Slab
Level or Stories 1 Story
Structure Type Masonry
Others
Tax ID 142007619001
SqFt Source 28000
Special Listing Condition None