$4,300,000 USD
310-295-1170
305 Lemmon Dr
Reno, NV 89506
Outer North Valleys
HIGHLIGHTS
- High traffic counts & hard corner – Strategically situated on the corner of Lemmon Dr. and Vista Pkwy, which benefits from a combined ±35,000 cars pas
- Zero landlord obligations – This investment is an absolute NNN lease which allows hands-off ownership.
- New developments nearby – Approximately ±4,000,000 SF of industrial developments have been built within a 5-mile radius of the property since 2014. Na
- 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
FOR SALE DETAILS
PRICE
$4,300,000 USD
PRICE/SF
$290 USD /SF
CAP RATE
10%
% 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
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310-295-1170
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310-295-1170
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