Details

Sale Type Investment NNN Property Type Retail
Sub Type Freestanding Square Footage 4,038
Building Class B Year Built 2007
Price per SqFt $408.62 Cap Rate 5.38%
NOI $88,770 Percent Leased 100%
Tenancy Multiple Building Height 1 story
Building FAR 0.21 Lot Size 0.44 acres
Zoning GC    

4,038 SF | 100% Leased | Retail Building

Marketing description

Excellent investment opportunity in the heart of Carson City’s established retail corridor. Located at 1820 E. William Street, this approximately 4,038 SF multi-tenant retail property offers stable income with a strong 5.38% cap rate and long-standing tenant history.

The property is anchored by Little Caesars, featuring a highly desirable drive-thru component, along with La Michoacana Paleteria, a popular specialty dessert and ice cream tenant serving the growing local
community. Positioned along heavily traveled E. William Street with excellent visibility, access, and surrounding commercial synergy, the property benefits from consistent consumer traffic and a central Carson City location.

This well-located asset presents an attractive opportunity for investors seeking reliable cash flow, established tenancy, and long-term upside in Northern Nevada’s capital market.

Investment highlights

  • Hwy 50/E. William Frontage
  • Established Anchor Tenant
  • New HVAC Unit installed 2024
  • High Traffic
  • Building Well Maintained

Third-Party Listings Disclaimer

All commercial and investment properties shown are sourced from Crexi and are listed by third-party brokers, as indicated by the Broker Reciprocity logo. Lillian Wong provides buyer representation for these and similar commercial properties. Contact Lillian to schedule showings, request offering memoranda, or discuss investment strategy.

Information is supplied by listing brokers and other third parties and has not been verified. All pricing, property details, and availability are subject to change without notice. Interested buyers should contact Lillian directly to verify current status and arrange due diligence.

Source: Crexi. All listings represented by third-party brokers. Lillian Wong represents buyers in commercial transactions.

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