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

Features
UTILITIES:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Phone Available
Xstreet/Directions
Address Map
Country:
US
State:
NV
County:
Douglas
City:
Carson City
Area:
Indian Hills Plaza
Zipcode:
89705
Street:
Mica
Street Number:
931-939
Floor Number:
0
Longitude:
W120° 13' 38.6''
Latitude:
N39° 5' 27.4''
Additional Info
Office Name:
RE/MAX Gold-Carson City
Agent Name:
Garrett Lepire
PhotoTimestamp:
04-10-2025 08:44:14
Status Detail:
Active
Status Date:
02-25-2025
Agent ID:
627501011
Listing Office 1:
627501176-o
Contract Date:
02-25-2025
Sold Price:
$0
Update Date:
06-23-2026 21:30:07
Stories:
1
CIC Dues:
$0
Parcel #:
1420-07-619-001
Search Price:
$0
Price Per SQFT:
$0

Commercial Sale Residential

931-939 Mica, Carson City, Nevada 89705

3.09 Acre
$6,925,000
Listing ID #250002225
Basic Details
Property Type :
Commercial Sale
Listing Type :
Residential
Listing ID :
250002225
Serial Number :
20250410083906658493000000
Price :
$6,925,000
View :
Trees
Year Built :
2006
Lot Area :
3.09 Acre
Status :
Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent