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 | 4.41% Cap Rate

5060 Meadowood Mall Cir
Reno, NV 89502
Convention Center


OVERVIEW

Colliers is pleased to present a 100% fully leased net leased investment for sale. 5060 Meadowood Mall Circle is a rare opportunity for long-term income, stable medical office tenancy and a location within the strongest retail submarket in northern Nevada. The building that has been invested in by the landlord and tenants. There are two tenants: 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. Please call brokers for financial information.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$618 USD /SF

CAP RATE

4.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

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.