Description
FULLY LEASED Mixed-Use Investment Opportunity - Anchored by State of Nevada For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment. Property Highlights: Building Details: Building 1: 6,552 sq. ft., constructed in 1973 Building 2: 3,024 sq. ft., constructed in 1976 Configuration: 3 office spaces 2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath) 1 storage space Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades. Financials: Net Operating Income (NOI): $58,330 Cap Rate: 7.4% Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (photos available, taken prior to re-leasing). Why Invest? Proven Stability: 20+ years of uninterrupted tenancy by the State of Nevada, a creditworthy anchor tenant. Diverse Income Streams: Mix of office, residential, and storage spaces ensures resilience and versatility. Prime Location: High-demand area with strong historical occupancy and immediate cash flow from day one. Seize this rare chance to own a fully leased, income-generating property backed by the strength of long-term Nevada state leases. Contact us today to request financials or schedule a viewing!
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0BEDS
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0.83ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
FULLY LEASED Mixed-Use Investment Opportunity - Anchored by State of Nevada For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment. Property Highlights: Building Details: Building 1: 6,552 sq. ft., constructed in 1973 Building 2: 3,024 sq. ft., constructed in 1976 Configuration: 3 office spaces 2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath) 1 storage space Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades. Financials: Net Operating Income (NOI): $58,330 Cap Rate: 7.4% Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (photos available, taken prior to re-leasing). Why Invest? Proven Stability: 20+ years of uninterrupted tenancy by the State of Nevada, a creditworthy anchor tenant. Diverse Income Streams: Mix of office, residential, and storage spaces ensures resilience and versatility. Prime Location: High-demand area with strong historical occupancy and immediate cash flow from day one. Seize this rare chance to own a fully leased, income-generating property backed by the strength of long-term Nevada state leases. Contact us today to request financials or schedule a viewing!
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