650 Sierra Rose Drive #B Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89511
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,661 sqft
Price per Sqft $488
Subdivision Nv
MLS Listing ID 230010541
HOA Fees $468
Year Built 2002
Lot Size 2,700 Sqft
Property Description
Stunning Office/Medical Building located in the Quail Corners South Park off McCarren Blvd and Kietzke Ln. This property is in excellent condition! Owner invested over $250,000 in build out of this 2661sqft Medical/Professional office space with many unique architectural features and high-end finishes throughout. This property is a smart investment with strong CAP Rate! Current Annual CAP Rate is 6.3%. The property is surrounded by Medical office properties. It sits next to the new Rancharrah Master Planned Community with residential, retail and restaurants. Current tenant is a Medical Spa. Tenant's lease expires in July 2025 with one 3 year option and would like to stay. Owner pays taxes, insurance and CAM Fees. Seller would consider owner financing.
Location
State NV
County Washoe
Area Reno-Southwest
Zoning PD
Interior
Heating Electric,Natural Gas,Central Refrig A/C,Forced Air
Flooring Carpet,Ceramic Tile,Sheet Vinyl,Vinyl Tile
Exterior
Exterior Feature Stucco
Fence None
Utilities Available Cable,City Sewer,Electricity,Natural Gas,Telephone,Water Meter Installed,City/County Water
Roof Type Flat,Membrane,Pitched,Tile
Building
Story 1 Story
Foundation Concrete Slab
Structure Type Wood Frame
Others
Special Listing Condition None