5488 Reno Corporate Dr - Medical FOR SALE


Reno, NV 89511- Outer South Reno
$899,300 USD
775-762-7990
5488 Reno Corporate Dr, Reno, NV for Sale
$899,300 USD
Medical - FOR SALE
1/23
null | Request Cap Rate

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5488 Reno Corporate Dr
Reno, NV 89511
Outer South Reno


OVERVIEW

5488 Reno Corporate, located in Reno's Meadowood Office Submarket, is a 2,116 SF office condo in the Tanamera Corporate Campus, a professionally managed association. The property is situated off Longley Lane near Double R and has outstanding access to amenities, medical facilities, and major throughfares. The condo was constructed in 2005 and has been well maintained. The layout includes 5 offices (4 with windows), storage/office, office with no window, conference room, kitchen, work room, IT and restrooms. The building has been well maintained and is moderately low maintenance as the association handles landscaping, snow removal, parking lot upkeep and replacement and more. The building has been run as an executive suite center with individual offices leased. The leases are all short term and can remain or be terminated if the next buyer prefers to occupy the building. The condo is located adjacent to the newly constructed Northern Nevada Sierra Medical Center with easy access to the Reno Tahoe Regional Airport. It is also within an easy drive to main throughfares and executive and workforce housing. The property is zoned for professional office (PO) offering a range of office uses.

FOR SALE DETAILS

PRICE

$899,300 USD

PRICE/SF

$406 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

LVC

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

IC

APN/PARCEL ID

164-411-05,164-411-06

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.