910 Glendale Ave - Showroom FOR SALE


Sparks, NV 89431- Sparks Marina
$4,900,000 USD
775-224-5300
910 Glendale Ave, Sparks, NV for Sale
$4,900,000 USD
Showroom - FOR SALE
1/33
null | Request Cap Rate

910 Glendale Ave
Sparks, NV 89431
Sparks Marina


HIGHLIGHTS

  • New Steel Building Construction 2022
  • 4 current tenants (M2M) with annual income of $168,000.00 (potential for long term lease)
  • 24,408 sq. ft consisting of two buildings - Building A & B
  • Fenced 26,000 sq ft yard - fully fenced
  • 4800 sq. ft. of new Showroom/Office
  • Marquis signage opportunity

OVERVIEW

Newly Renovated Industrial Complex | Seller Financing Available | Sparks Industrial Submarket This unique property in located in the heart of the Sparks industrial submarket. The property includes 2 buildings with fenced yard and private parking lot. Industrial, Showroom and Office/Flex Opportunities. Space for Truck turnaround with large secure, fenced yard and separate dedicated parking lot. Building A: Main building has been completely renovated with 2400 sq. ft.(40x60) showroom on main level and 2400 sq. ft. (40x60) office on 2nd level. New interior/exterior paint, flooring, high end windows, lighting, and Mitsubishi HVAC units throughout. Back part of main building is a brand new 6000 sq. ft. industrial metal building with 3 units - each 2000 sq. ft. with 12x14 roll up doors, 24 foot ceilings and fully insulated with new heaters and bathrooms being installed. These doors allow drive in access for semi trucks. Mezzanine of 240 sq. ft. in Unit 1. 4th unit in Building A has an additional 1660 sq. ft. of shop space with 16 foot roll up door and 18 foot ceiling height. Total Building A square footage is 12,460. Building B: includes four units of varying sizes with roll up doors, bathrooms, new stucco, paint and new roof. Total Building B square footage is 11,948. There is an opportunity to add mini-storage in this section of the property and many other uses as well. 15,600 sq. ft. parking lot in front with room for truck turnaround. Fenced yard with new gate includes 26,000 sq. ft. of yard space. Ideal location for owner user - construction company, landscaping, painting, fencing, roofing as well as potential income from mini-storage development or leasing of additional spaces. For Investor there is high demand for small industrial spaces available on this property For Owner/User - leases can be terminated with 30 days notice if needed Units currently rented: Bldg A: 1660 sf shop -Granite Cutter - $3000/month on M2M lease (potential for long term lease) Bldg B: 3243 sf shop - Cabinet Maker - $2800/month on M2M lease (potential for long term lease) Bldg B: 3525 sf shop - Auto Upholstery - $4250/month Bldg B: 3500 sf - Personal Trainer - $3950/month Total monthly income: $14,000 Attention Investors: Potential for $30,000/month in income or more on this property

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

Lighting, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.59

LAND SF

69,260

ZONING

IC

APN/PARCEL ID

032-302-08

ASK ABOUT THIS PROPERTY

Lisamarie WandMohr Partners, Inc.More Info
775-224-5300

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Lisamarie WandMohr Partners, Inc.More Info
775-224-5300

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