663-673 N Mccarran Blvd - Retail FOR SALE


Sparks, NV 89431- Sparks Marina
$2,115,000 USD
415-269-8969
663-673 N Mccarran Blvd, Sparks, NV for Sale
$2,115,000 USD
Retail - FOR SALE
1/6
null | 6% Cap Rate

663-673 N Mccarran Blvd
Sparks, NV 89431
Sparks Marina


HIGHLIGHTS

  • Ideal Location within Grocery Anchored Center
  • Exceptional Historical Occupancy & Tenant Retention
  • Prime Access Along A Vital Regional Thoroughfare
  • Durable Income with Annual Rent Growth
  • Sparks: Rapidly Growing and Pro-Business
  • Located in the Reno MSA, an Established Technology Hub

OVERVIEW

This is the kind of strip center investors chase. Shops at Ironhorse is a 100% leased NNN retail strip with a long track record of tenant retention, located inside a FoodMaxx-anchored power center in the heart of Sparks, NV. Every tenant has renewed at least once, most have been in place for 10+ years, and annual rent increases are already baked in. Positioned just off Interstate 80 in Sparks—one of the fastest-growing metros in the country—this asset benefits from strong demographics, consistent traffic, and a pro-business Nevada environment with no state income tax.

FOR SALE DETAILS

PRICE

$2,115,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Ironhorse

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

MUD / City of Sparks

APN/PARCEL ID

033-152-29

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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