Description
Developer is selling the remaining 5(five) buildings (E,F,G,H & I) of the 11 unit Sierra Meadows Business Plaza, located 14 miles from the nation's largest industrial complex. These five buildings are owned free and clear; one can purchase one or more of these buildings and Seller will consider financing the purchase. These five buildings offer an exceptional investment opportunity. These five buildings total approx. 15,100 sq. ft., were built in 2004, and have been meticulously maintained. All units are fully leased at competitive market rates, providing steady income. Priced at 225/sq. ft., the portfolio is offered below replacement cost, with strong potential for long-term appreciation. Location Highlights: Situated in the growing community of Fernley, known for its abundant and affordable housing options. Convenient access to Interstate 80 and transcontinental rail. Approx. 45 minutes to Reno-Tahoe International Airport. Ideal for businesses serving the region's expanding industrial hub. Key Features: • Five fully leased buildings (E, F, G, H & I) • Approx. 15,100 sq. ft. total • Built in 2004 • Competitive lease rates • Aggressively priced below replacement value • Proximity to major industrial centers • Excellent transportation access Individual Pricing: E: 845K, F: 845K, G: 565K, H: 585K, I: 695K
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0.85ACRES
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01/2 BATHS
School Ratings & Info
Description
Developer is selling the remaining 5(five) buildings (E,F,G,H & I) of the 11 unit Sierra Meadows Business Plaza, located 14 miles from the nation's largest industrial complex. These five buildings are owned free and clear; one can purchase one or more of these buildings and Seller will consider financing the purchase. These five buildings offer an exceptional investment opportunity. These five buildings total approx. 15,100 sq. ft., were built in 2004, and have been meticulously maintained. All units are fully leased at competitive market rates, providing steady income. Priced at 225/sq. ft., the portfolio is offered below replacement cost, with strong potential for long-term appreciation. Location Highlights: Situated in the growing community of Fernley, known for its abundant and affordable housing options. Convenient access to Interstate 80 and transcontinental rail. Approx. 45 minutes to Reno-Tahoe International Airport. Ideal for businesses serving the region's expanding industrial hub. Key Features: • Five fully leased buildings (E, F, G, H & I) • Approx. 15,100 sq. ft. total • Built in 2004 • Competitive lease rates • Aggressively priced below replacement value • Proximity to major industrial centers • Excellent transportation access Individual Pricing: E: 845K, F: 845K, G: 565K, H: 585K, I: 695K
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