5060 Meadowood Mall Cir - Medical FOR SALE


Reno, NV 89502- Convention Center
$6,000,000 USD
775-762-7990
5060 Meadowood Mall Cir, Reno, NV for Sale
$6,000,000 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

5060 Meadowood Mall Cir
Reno, NV 89502
Convention Center


OVERVIEW

Colliers is pleased to present 5060 Meadowood Mall Circle for sale. This fully leased NNN medical office investment is a rare opportunity for longterm income, a location within the strongest retail submarket in northern Nevada, and a building that has been invested in by the landlord and tenants. There are two suites: Renew MD and Talbott Plastic Surgery. Talbott Plastic Surgery recently built a 806SF surgery center within their suite. The property is generating over $262,000 per year in net income. The leases have annual increases in base rent and a NNN lease with expenses passed through to the tenants.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$618 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,731 SF

ZONING

MUCC

APN/PARCEL ID

025-372-34

ASK ABOUT THIS PROPERTY

Melissa MolyneauxColliersMore Info
775-762-7990

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Melissa MolyneauxColliersMore Info
775-762-7990

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