831 Deming Way - Warehouse FOR SALE


Sparks, NV 89431- Sparks Marina
$16,500,000 USD
775-204-9326
831 Deming Way, Sparks, NV for Sale
$16,500,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

831 Deming Way
Sparks, NV 89431
Sparks Marina


HIGHLIGHTS

  • Rare opportunity to capitalize on the increasing demand for warehouse and distribution space in a supply-constrained Sparks industrial submarket.
  • Five-unit configuration separately metered for enhanced leasing flexibility and operational efficiency, appealing to a wide range of industrial users.
  • Turnkey cash-flowing investment with stable in-place income through 2032, with the potential ability for owner occupancy in vacant suites.
  • Prime location at the corner of Deming Way and East Glendale Avenue, providing direct access to multiple key transportation corridors.
  • Expansive warehouse layout featuring a 22' clear, 11 dock-high doors, two grade-level doors, and heavy power access for efficient operations.
  • Conveniently surrounded by amenities and supported by over 34,250 skilled warehouse employees within 10 miles for reliable business support.

OVERVIEW

Discover 831 Deming Way, a 66,997-square-foot multi-tenant warehouse in Sparks, Nevada. The property sits on a 2.05-acre lot and is configured into five units, ranging from 5,726 square feet to 18,595 square feet, offering flexibility for investors and operators. The property is partially leased, with income secured through 2032, and allows an owner-occupant to use a portion of the space. The warehouse is designed to accommodate a variety of distribution, logistics, and light manufacturing uses, featuring a 22-foot clear height, eleven dock doors, and two grade-level doors to support efficient loading and operational flow. Tenants benefit from robust 225-amp, 480-volt, 3-phase power, LED high-bay lighting, ample car and trailer parking, and a newly installed solar roof, providing both functionality and long-term capital improvements. 831 Deming Way is strategically located at the corner of Deming Way and East Glendale Avenue and offers excellent access to key transportation corridors, including North McCarran Boulevard, Interstate 80, and Route 395. The site is located just 16 miles from the Tahoe Reno Industrial Center (TRIC) and approximately 20 minutes away, placing it within one of the largest and fastest-growing industrial hubs in the world. The property is also approximately 15 minutes from Downtown Reno and less than 25 minutes from the Nevada-California border, providing exceptional regional connectivity for logistics and distribution operations. This prime location provides efficient one-day trucking access to California, Oregon, Washington, and Arizona, and two-day access to New Mexico, Colorado, Wyoming, and Montana. Additionally, proximity to Reno/Tahoe International Airport and the Port of Stockton further enhances logistical capabilities. 831 Deming Way is supported by a strong labor base of over 34,250 skilled warehouse employees within a 10-mile radius. Additionally, the surrounding area has a dense population of over 422,200 residents, generating more than $5.7 billion in annual consumer spending. Bus line access and proximity to major employment centers make this location ideal for attracting and retaining the workforce. Northern Nevada is experiencing rapid growth and serves as a regional hub for technological advancement. The region’s favorable business climate, including no corporate income tax, makes this an ideal investment opportunity for those seeking industrial property in Sparks, Nevada, with both income stability and long-term growth potential.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

22 Ft

DOCKS

11

DRIVE INS

2

PARKING SPACES

36

LAND DETAILS

LAND ACRES

2.05

LAND SF

89,298

ZONING

I

APN/PARCEL ID

034-262-08

ASK ABOUT THIS PROPERTY

Michael Keating, SIORLogic Commercial Real EstateMore Info
775-204-9326

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Michael Keating, SIORLogic Commercial Real EstateMore Info
775-204-9326

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