875 Panther Dr - Distribution FOR SALE


Reno, NV 89506- Outer North Valleys
$13,000,000 USD
775-530-2621
875 Panther Dr, Reno, NV for Sale
$13,000,000 USD
Distribution - FOR SALE
1/6
null | 5.44% Cap Rate

875 Panther Dr
Reno, NV 89506
Outer North Valleys


HIGHLIGHTS

  • Stucco exterior with steel framed metal mesh screens for articulation per city requirements
  • Northwest office consists or 2,381 SF & Northeast office consists of 2,172 SF. Both offices contain breakroom, conference and multiple private offices
  • Parking 0.7 per 1,000 SF

OVERVIEW

› 100% leased › Newly constructed › Two-tenants › Remaining lease term of 4.67 years › Market rental rate with 3.5% annual escalations › Visible from Interstate 580 › Easily accessible from I-80 & I-580 › Strategic Location for distribution to Western States

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

5.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

15

DRIVE INS

2

PARKING SPACES

34

LAND DETAILS

LAND ACRES

4.41

LAND SF

192,100

ZONING

I

APN/PARCEL ID

082-851-15

ASK ABOUT THIS PROPERTY

775-530-2621

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

775-530-2621

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