For Sale
$1,555,840

1677 Lucerne StMinden, NV 89423

Net-leased medical office, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,415 square foot medical office building is located at 1677 Lucerne Street in Minden, Nevada, zip code 89423. The property is currently under a Net Lease (NNN) agreement with Carson Tahoe Physician Clinics, a highly credible tenant. The asking price is $1,555,840, translating to a price per square foot of $455.59. The building is zoned RC and benefits from a lease with approximately four years remaining, featuring attractive 3% annual rent increases. The lease includes 2-5 year renewal options, providing long-term stability and predictable income growth for the investor. This presents a compelling investment opportunity in a desirable location within Douglas County. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio seeking consistent returns and future appreciation potential. The building's size and configuration are well-suited for medical practices, offering a turnkey solution for healthcare professionals or investors seeking a stable, net-leased asset.

Highlights

  • Credit tenant: Carson Tahoe Physician Clinics.
  • NNN lease with approximately four years remaining.
  • 3% annual rent increases.
  • Two to five-year renewal options.

Property Details for 1677 Lucerne St

Property type
Office properties, Medical offices
Square Feet
3,415 SF

Location Insight

City
Minden
County
Douglas
State
Nevada
Latitude
38.9596112
Longitude
-119.7722382
1677 Lucerne St, Minden, Nevada

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1677 Lucerne St
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