Details
| APN | 006-074-37 | Property Type | Office |
| Sub Type | Medical Office, Traditional Office | Square Footage | 3,245 |
| Cap Rate | 6.25% | NOI | $76,460 |
| Occupancy | 100% | Tenancy | Single |
| Lease Type | Absolute NNN | Lease Term | 12 |
| Lease Expiration | 03/31/2030 | Remaining Term | 4.1 |
| Rent Bumps | Yes | Lease Options | 1 |
| Price per SqFt | $377 | Broker Co-Op | Yes |
| Class | B | Year Built | 1948 |
| Year Renovated | 2023 | Buildings | 1 |
| Stories | 2 | Zoning | PO |
| Investment Type | Net Lease | Lease Commencement | 04/01/2018 |
| Ground Lease | No |
NNN LEASED INVESTMENT
Marketing description
Johnson Group Commercial is pleased to offer for sale a NNN-leased building to Visionary Partners NV, LLC – Pritchett Eye Care Associates, centrally located in Reno NV. This approximately 3,245 sq property, complete with a basement, has undergone recent upgrades and provides convenient on-site parking. It offers excellent accessibility to the University of Nevada,
Investment highlights
- Healthcare office, currently being occupied by Visionary Partners NV, LLC – Pritchett Eye Care Associates – Keystone
- NNN LEASE – current term expires 3/31/30
- Newer roof approx. 2 years old
- Zoning: PO
- 3% annual rent increases!
Valuation Metrics
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.
