10619 Professional Circle - Medical FOR SALE


Reno, NV 89521- South Meadows
$10,055,000 USD
775-386-9727
10619 Professional Circle, Reno, NV for Sale
$10,055,000 USD
Medical - FOR SALE
1/12
null | 6% Cap Rate

10619 Professional Circle
Reno, NV 89521
South Meadows


HIGHLIGHTS

  • Investment Grade Tenant
  • New 10 Year NNN Lease Renewal
  • Single-Tenant Medical Office Building

OVERVIEW

LOGIC Commercial Real Estate is pleased to present for sale 10619 Professional Circle. Located in south Reno, 10619 Professional Circle consists of +/- 17,631 square feet of medical office space which is solely leased by Gastroenterology Consultants and offers a full endoscopy center. The asset is situated on a +/- 2.01 AC parcel with ample parking and visibility from US Highway 395. 10619 Professional Circle is in close proximity to Renown’s South Meadows Medical Center and the newly completed Northern Nevada Sierra Medical Center. Within a 5-mile radius, this asset services a population of +/- 97,490 people with an annual average household income of +/- $134,709.

FOR SALE DETAILS

PRICE

$10,055,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

PUD

APN/PARCEL ID

160-060-28

ASK ABOUT THIS PROPERTY

Michael Keating, SIORLogic Commercial Real EstateMore Info
775-386-9727

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Michael Keating, SIORLogic Commercial Real EstateMore Info
775-386-9727

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