305 Lemmon Dr - Drug Store FOR SALE


Reno, NV 89506- Outer North Valleys
$5,058,776 USD
310-295-1170
305 Lemmon Dr, Reno, NV for Sale
$5,058,776 USD
Drug Store - FOR SALE
1/3
null | 8.5% Cap Rate


HIGHLIGHTS

  • HIGH TRAFFIC COUNTS & HARD CORNER
  • ZERO LANDLORD OBLIGATIONS: This investment is an Absolute NNN lease which allows hands-off ownership.
  • LONG TERM OPERATING HISTORY: This Walgreens was constructed in 2009 and has been in operation for over 15 years.
  • INCOME TAX FREE STATE: Nevada has one of the nation’s most attractive tax climates, being one of only nine states nationwide with no state income tax.

OVERVIEW

David Harrington License No. B.1003120.CORP (NV) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$5,058,776 USD

PRICE/SF

$341 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

AC

APN/PARCEL ID

086-380-27

ASK ABOUT THIS PROPERTY

David HarringtonMatthews Real Estate Investment ServicesMore Info
310-295-1170

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David HarringtonMatthews Real Estate Investment ServicesMore Info
310-295-1170

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