1425 Vista LnCarson City, NV 89703
- Other commercial real estate
- 7,452 SF
Property Details for 1425 Vista Ln
- Year built
- 2007
- Lot size
- 0.77 AC
- Property size (Sq ft)
- 7,452 SF
- Zone code
- RC
- Property type
- Other commercial real estate
- APN
- 007-531-21
- APU
- 753121
Description
This exceptional investment opportunity presents a 7,452 square foot medical office building located at 1425 Vista Ln, Carson City, NV 89703. The property is currently under a Net Lease (NNN) agreement with Carson Tahoe Physician Clinics, a highly credible tenant, providing significant stability and predictable cash flow. The lease has approximately four years remaining, ensuring a long-term investment horizon. Built to suit the tenant's needs, the building is zoned RC and offers a strong return on investment. The lease includes a favorable 3% annual rent increase, protecting against inflation and enhancing long-term profitability. Furthermore, the lease agreement includes two to five-year renewal options, providing additional security and potential for future growth. The asking price is $4,000,460, translating to a price per square foot of $536.83. This represents a compelling opportunity for investors seeking a stable, high-yield investment in a desirable Nevada location. The property's strong tenant, favorable lease terms, and strategic location combine to create a compelling investment proposition. This is a rare chance to acquire a well-established medical office building with a proven track record of success. Don't miss this chance to secure a valuable asset in a growing market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,702,164
- Hospitality
- $1,559,173
- Educational
- $1,297,214
- Medical
- $1,341,827
- Retail
- $2,017,888
Location Insight
- City
- Carson City
- County
- Carson City
- State
- Nevada
- Latitude
- 39.1978
- Longitude
- -119.782
- CBSA code
- 16180
- CBSA name
- CARSON CITY, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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