NAI Alliance is pleased to present this unique opportunity to
purchase a net-leased medical building along with additional land
for expansion or redevelopment, right in the core of the Saint
Mary’s Hospital/ROC Medical Center submarket. Close to all the
downtown amenities and serving the UNR submarkets as well,
this established and well-located business is a stable investment
with an opportunity to grow as an expanded development.
O’Gara Dental is a net-leased investment opportunity with
a corporate lease from Signature Dental. Just through the
initial Term which ran from 3/6/2019 - 2/29/2024 (5 years) @
$7,416.67/ mo. Now in term 2: (March 1, 2024 – February 28,
2029) @ $7,787.50/mo (105% of 1st Term) ($2.39 psf, Gross).
Tenant also has a 2nd option for 5 years at end of 2nd term (same
increase to 105% of previous term rent). Holdover Rent: 105%
The Landlord responsibilities are Taxes, Insurance, Maintenance,
Snow Removal, Landscaping, Repairs and Replacements and
Management. The Tenant responsibilities are electricity, water,
sewer, gas, telephone, cable and other utility charges/trash.