Active

Private Address

$1,750,000


$128.90 per sqft

Active

13,576 sqft

Commercial

Built in 2000

Two of four industrial condominium units comprising a +-23,000 SF complex situated on a 1.14 acre common parcel. The subject condos - Units 3 & 4 - total +-13,576 SF, representing approximately 61% of the entire complex. This modern split-level concrete tilt-up building was constructed in 2000 and received a new roof in 2021. The functional layout includes +-4,424 SF of high bay warehouse/manufacturing space with two large truck doors and 26' ceilings, and +- 9,152 SF of low bay office/R&D space split equally between the ground floor and upper level. The property is currently fully leased to 3 tenants; however, High Sierra Electronics, occupying +-7,400 SF, will be leaving the building at year end after a 20-year stint, creating an exciting opportunity for an owner/user buyer to acquire and occupy a new facility with healthy rental income (+-$6,700/mo.) from the two remaining tenants as well as future expansion capability. The property should benefit from windfall appreciation upon completion of the nearby Dorsey Marketplace Shopping Center and the extension of Spring Hill Drive up to Dorsey Dr.

224097190

MLS ID

September 1, 2024

Listed

November 22, 2024

Updated

Map

Private Address

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Multi Units


Heating

Yes


Heating Description

Natural Gas, Other

Exterior/Building Features

Lot Size

1.14 Acres


Roof

Other


Sewer

Public Sewer

Other Property Details

Garage

No


Parking

On Street


Parking Total

41


View

No


County

Nevada


Water Source

Public


Pool

No


Zoning

M-1

Courtesy of Highland Commercial, Inc., Lachlan Richards,
Listing Contact:  

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