850 Mill St - Medical FOR SALE
Reno, NV 89502 |
850 Mill St
Reno, NV 89502
HIGHLIGHTS
- Excellent location across from Renown’s regional hospital campus, the biggest hospital in the region, with 946 licensed beds.
- The building comes with a rare extra parcel of land, which can be developed into another medical office building.
- Stable cash flow at 90.2% occupancy offers value-add potential by leasing the fully renovated remaining vacant suite.
- Numerous recent interior upgrades and tenant improvements. Additional recent leasing activity at the building signifies strong tenant demand.
- Building’s strategic location is close to Interstate 580, the Wells transportation corridor, and Interstate 80.
- Tax free state with attractive business climate going through unprecedented growth with advanced manufacturing, healthcare industries at forefront.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
21165
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1973
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
0.83 AC AC
LAND SF
36,155 SF
ZONING
-
APN/PARCEL ID
012-143-59,012-143-60
