1225 Westfield Ave Reno, NV 89509

This exceptional two-story, 15,960 square foot medical office building in Reno, Nevada, presents a compelling investment opportunity. Priced at $3,400,000, it boasts a 7.02% cap rate and a strong net operating income of $238,847, reflecting a 94% occupancy rate. The property features four tenants, including a partial leaseback to Gerber Medical Clinic for three years (negotiable at closing), providing immediate and stable cash flow. Three smaller vacancies offer potential for NOI growth. Built in 1963, the Class C building sits on a 0.66-acre lot with 45 parking spaces and is zoned NC. The gross lease structure includes 3% annual rent bumps. The building comprises seven units across two stories and is located at 1225 Westfield Avenue, Reno, NV 89509, offering convenient access to California Avenue, Booth Street, downtown Reno, and the Truckee River. This stabilized investment is an excellent opportunity for investors seeking a strong return in a desirable Reno location. The property's central location between Reno High School and Shops at the Village shopping center adds to its appeal.