FULLY LEASED Mixed-Use Investment Opportunity – Anchored by State of Nevada
For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment.
Property Highlights:
Building Details:
Building 1: ±6,552 sq. ft., constructed in 1973
Building 2: ±3,024 sq. ft., constructed in 1976
Configuration:
3 office spaces
2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath)
1 storage space
Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades.
Financials:
Net Operating Income (NOI): $58,330
Cap Rate: 7.4%
Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (photos available, taken prior to re-leasing).
Why Invest?
Proven Stability: 20+ years of uninterrupted tenancy by the State of Nevada, a creditworthy anchor tenant.
Diverse Income Streams: Mix of office, residential, and storage spaces ensures resilience and versatility.
Prime Location: High-demand area with strong historical occupancy and immediate cash flow from day one.
Seize this rare chance to own a fully leased, income-generating property backed by the strength of long-term Nevada state leases. Contact us today to request financials or schedule a viewing!