1677 Lucerne StMinden, NV 89423

Property Details for 1677 Lucerne St

Year built

2005

Lot size

0.08 AC

Property size (Sq ft)

3,415 SF

Property type

Other commercial real estate

APN

1320-30-714-014

APU

132030714014

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $780,044

  Hospitality

  $714,516

  Educational

  $594,469

  Medical

  $614,914

  Retail

  $924,730

Location Insight

City

Minden

County

Douglas

State

Nevada

Latitude

38.9596

Longitude

-119.772

CBSA code

23820

CBSA name

GARDNERVILLE RANCHOS, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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