FULLY LEASED Mixed-Use Investment Opportunity - Anchored by State of Nevada For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment. Property Highlights: Building Details: Building 1: ±6,552 sq. ft., constructed in 1973 Building 2: ±3,024 sq. ft., constructed in 1976 Configuration: 3 office spaces 2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath) 1 storage space Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades. Financials: Net Operating Income (NOI): $58,330 Cap Rate: 7.4% Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (photos available, taken prior to re-leasing). Why Invest? Proven Stability: 20+ years of uninterrupted tenancy by the State of Nevada, a creditworthy anchor tenant. Diverse Income Streams: Mix of office, residential, and storage spaces ensures resilience and versatility. Prime Location: High-demand area with strong historical occupancy and immediate cash flow from day one. Seize this rare chance to own a fully leased, income-generating property backed by the strength of long-term Nevada state leases. Contact us today to request financials or schedule a viewing!
© 2025 Northern Nevada Regional Listing Service. All rights reserved.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
This information is provided for consumers' personal, non-commercial use and may not be used for any other purpose.
IDX feed powered by IDX GameChanger