2515 SUTRO STREET FULLY LEASED AUTOMOTIVE SHOPS AND YARD

Transcription

1 2515 SUTRO STREET FULLY LEASED AUTOMOTIVE SHOPS AND YARD RENO, NV INVESTMENT HIGHLIGHTS: + + Fully leased automotive shop with yard + + Perimeter security fencing + + Ample parking on and off street + + Low maintenance concrete block construction + + Stable long term tenants + + Ideal investment property with stable income. NOI $101,600/yr on actuals. + + Easy access to freeway and good visibility to Sutro St. near McCarran Blvd. CONTACT US BRETT EDWARDS brett.edwards@cbre.com REX MASSEY rex.mass@cbre.com

2 PROPERTY HIGHLIGHTS + + Sale Price: $1,500, APNs: Lot Size: ±.634 acres; 27,617 Sqft. + + Building Sqft.: 8,0 sqft + + Zoning: MUNN (Mixed Use) + + Utilites: Municiple Sewer, Water, Electric and Gas + + Property Type: Office, Shop, and Yard SITE CONTACT US REX MASSEY rex.mass@cbre.com BRETT EDWARDS brett.edwards@cbre.com

3 PROPERTY SUMMARY The property located at 2515 Sutro Street is a six-unit multiple tenant auto repair and transmission shop comprised of a 8,0 square-foot building. The yard is asphalt and surrounded by perimeter fencing. A security system monitors the property. Rents for this location are low. Each unit has a small office area and bathroom. Individual HVAC units provide heating and air conditioning. The property is fully leased with long-term stable tenants. Concrete block construction and asphalt parking offers an ideal low maintenance operation. Annual Owner Expenses: Tenants pay all utilities except sewer. Each unit is individually metered. Owner expenses include: Property Tax: $2,890 Insurance: $1,850 Sewer: $3,288 Maintenance/Reserves $2,850 Miscellaneous $1,000 Management $6,000 est. Unit Size Rate Lease Expriation ,0 $2, ,0 $2, $1, $1, $1, $1,

4 PARCEL MAP

5 NORTH VALLEYS DESERT RESEARCH INSTITUTE DANDINI RESEARCH PARK SPARKS, NEVADA UNIVERSITY OF NEVADA, RENO MCCARRAN BLVD SITE MCCARRAN BLVD DOWNTOWN RENO GREATER NEVADA FIELD RENOWN HEALTH

6 FOR SALE 2515 Sutro Street RENO, NEVADA EMPLOYERS MAP - NORTHERN NEVADA Cold S Co Cold Springs p in pr ings ngs g Lemm Le Lemmon mm mon o Vall Val a lle RReno-Stead Airport S pa Sp Spanish an nish S Springs prings 95 To Lake Tahoe Ski Resorts: Gold Go G olden lld den e Vall Val a le F rn Fe Fernl nle l Sun Vall Sun V ll Va ll 445 Reno Technology Park icloud Data Center 395 Sparks 650 WALMART Distribution Center MccCa M McCa McCarran Carr r an n Reno Verdi Verdi Mog Mo Mogul og gu ul (Software) 5 Braeburn Capital Licensing 5 N.com 2018 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Sources: CBRE Location Intelligence Group (877) ; ESRI, StreetPro, Microsoft Bing /21/2018 w w w.c b r e.c om/r e no Distribution Center 50