855 Mill St - Medical FOR SALE


Reno, NV 89502- Washoe Regional Center
$2,750,000 USD
775-742-2539
855 Mill St, Reno, NV for Sale
$2,750,000 USD
Medical - FOR SALE
1/3
null | 6.5% Cap Rate


HIGHLIGHTS

  • Fully Leased 5 Year NNN Lease
  • NOI $178,800 | Cap Rate: 6.5%
  • Recently Renovated
  • Adjacent to the Main Renown Hospital/Campus

OVERVIEW

855 Mill Street presents an exceptional investment opportunity to acquire a strategically located 100% leased commercial property in the heart of Reno, with a very close proximity to the main Renown Campus. The property recently underwent an extensive renovation and is situated along the highly visible Mill Street corridor. It provides convenient access to downtown Reno, major transportation routes, and surrounding residential and commercial developments. With its central location and proximity to the ongoing growth and revitalization of the Reno market, 855 Mill Street provides a compelling opportunity to secure a well-positioned commercial asset in one of Northern Nevada’s most dynamic markets. Contact ArchCrest Commercial Partners for additional property details and to schedule a private tour.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$377 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

MUWM

APN/PARCEL ID

012-123-35

ASK ABOUT THIS PROPERTY

Kevin AnnisArchCrest Commercial PartnersMore Info
775-742-2539

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Kevin AnnisArchCrest Commercial PartnersMore Info
775-742-2539

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