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Carson City, NV 89705,931-939 Mica Drive
Carson City, NV 89705,931-939 Mica Drive
Carson City, NV 89705,931-939 Mica Drive
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$7,125,000
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28,000 SqFt
Active

931-939 Mica Drive Carson City, NV 89705

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Terri Smith

Terri Smith

+1(775) 258-2434

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 28,000 sqft

Price per Sqft $254

Subdivision Nv

MLS Listing ID 250002225

Year Built 2006

Lot Size 3.090 Acres

Acres 3.09

Property Sub-Type Commercial

Property Description

This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and 17 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential. If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today's construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity

Location

State NV

County Douglas

Zoning NC

Interior

Interior Features Sheet Rock

Heating Natural Gas, Central Refrig A/C, Forced Air

Flooring Concrete, Carpet, Sheet Vinyl

Exterior

Exterior Feature Masonite

Fence Yes, Masonry

Utilities Available Cable, City Sewer, DSL Available, Electricity, Natural Gas, Telephone, City/County Water

Roof Type Membrane,Flat

Total Parking Spaces 100

Building

Story 1 Story

Foundation Concrete Slab

Level or Stories 1 Story

Structure Type Masonry

Others

Tax ID 142007619001

SqFt Source 28000

Special Listing Condition None

Listed by RE/MAX Gold-Carson City

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agent

Terri Smith

Real Estate Professional | License ID: S.0170993

+1(775) 258-2434

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931-939 Mica Drive