1300-1390 S Curry St - Medical FOR SALE


Carson City, NV 89703
$6,182,400 USD
775-297-1909
1300-1390 S Curry St, Carson City, NV for Sale
$6,182,400 USD
Medical - FOR SALE
1/80
null | 6.5% Cap Rate

1300-1390 S Curry St
Carson City, NV 89703


HIGHLIGHTS

  • 44,800 SF single-story office building in downtown Carson City, Nevada
  • Current occupancy: ~33,100 SF (State of Nevada + professional tenants)
  • CAP rate: 6.5% based on actual income and expenses
  • Vacancy: ~11,700 SF available for owner/user or lease-up
  • Configuration: Three common-area restroom clusters
  • Lease structure: Full-service gross leases with load factors

OVERVIEW

44,800 SF single-story office building in downtown Carson City, Nevada.Occupied by the State of Nevada and other professional tenants. Offering a 6.5 CAP rate based on actual income and expenses with current occupancy of approximately 33,100 SF. Three common-area restroom clusters and full-service gross leases with load factors in place. Approximately 11,700 SF is vacant for owner/user occupancy or lease-up. Zoned Retail Commercial and master planned for Downtown Mixed Use. Situated on 3.15 acres with +-200 parking spaces and potential for expansion. Nevada's Great Tax benefits: No personal or corporate income tax. No franchise or inventory tax. No tax on corporate shares, No requirements for shareholders or directors. No tax on sales or transfers of shares. No succession on Inheritance shares with IRS. Simple annual returns. No initial or minimum capital gains requirements. 365-Year limit Dynasty Trust Law.Minutes to Hwy 50, Hwy 28, Hwy 395, I-580. RNO & Minden

FOR SALE DETAILS

PRICE

$6,182,400 USD

PRICE/SF

$138 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Richard Herz Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

195

LAND DETAILS

LAND ACRES

3.15 AC

LAND SF

137,214 SF

ZONING

RC

APN/PARCEL ID

003-064-09

ASK ABOUT THIS PROPERTY

Theresa PrestonColdwell Banker Select Real Estate CommercialMore Info
775-297-1909

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Theresa PrestonColdwell Banker Select Real Estate CommercialMore Info
775-297-1909

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