1055 N Hills Blvd - Medical FOR SALE


Reno, NV 89506- Outer North Valleys
$2,650,000 USD
775-240-1192
1055 N Hills Blvd, Reno, NV for Sale
$2,650,000 USD
Medical - FOR SALE
1/8
null | 6.73% Cap Rate

1055 N Hills Blvd
Reno, NV 89506
Outer North Valleys


HIGHLIGHTS

  • Visibility from US 395N

OVERVIEW

DCG is pleased to present 1055 N. Hills Blvd for sale. This investment opportunity features a multi-tenant commercial property situated on approximately ±0.676 acres with ±32 parking spaces. **Suite A (±4,568 SF) Occupied by Desert Valley Dental (AHV Network Holdings Reno). Initial 10-year NNN lease with expiration on February 28, 2035. Annual rent increases of 3%. **Suite B (±1,000 SF Total) State Farm currently occupies approximately 500 SF on a month-to-month basis. Remaining approximately 500 SF is available for lease. Additional ±508 SF storage/mezzanine area not included in the stated building square footage. The property offers excellent visibility from US Highway 395 North and is strategically located adjacent to major retailers, service providers, and employers, including Raley’s Grocery, Renown Health, US Bank, USPS, Subway, Greater Nevada Credit Union, Amazon, and numerous national retailers and corporate tenants.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

6.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,429 SF

ZONING

GC

APN/PARCEL ID

502-120-19

ASK ABOUT THIS PROPERTY

Dominic BrunettiDickson Commercial GroupMore Info
775-240-1192

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Dominic BrunettiDickson Commercial GroupMore Info
775-240-1192

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.