1000 C St
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1000 C St
9,576 SF 100% Leased Office Building Hawthorne, NV 89415 £626,690 (£65/SF) 7.40% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 2 buildings, the first is ±6,552 square feet and built in 1973 and the 2nd is ±3,024 square feet, built in 1976
- 7.4% Cap Rate
- 3 Office Spaces, 2 Apartments (1 Bed, 2 Bath | 3 Bed 1 Bath), 1 Storage Space
- NOI: $58,330
EXECUTIVE SUMMARY
FULLY LEASED!!
This mixed use asset includes 2 buildings, the first is ±6,552 square feet and built in 1973 and the 2nd is ±3,024 square feet, built in 1976. All told, there are (3) office spaces, 2 recently remodeled apartments and a storage space. historical occupancy
has been strong in this location, and the newly remodeled 1-bedroom apartment can be seen in the pictures, taken just prior to re-leasing.
Lease renewal is now completed with the State of Nevada, which has been an anchor tenant for 20+ years in this property.
This mixed use asset includes 2 buildings, the first is ±6,552 square feet and built in 1973 and the 2nd is ±3,024 square feet, built in 1976. All told, there are (3) office spaces, 2 recently remodeled apartments and a storage space. historical occupancy
has been strong in this location, and the newly remodeled 1-bedroom apartment can be seen in the pictures, taken just prior to re-leasing.
Lease renewal is now completed with the State of Nevada, which has been an anchor tenant for 20+ years in this property.
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,576 SF
Building Class
C
Year Built
1973
Price
£626,690
Price Per SF
£65
Net Initial Yield
7.40%
NOI
£46,389
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,788 SF
Building FAR
0.26
Lot Size
0.83 AC
Zoning
C1 - General Commercial - Mixed Use
Parking
22 Spaces (1.12 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 001-011-24 | Improvements Assessment | £107,952 (2024) |
| Land Assessment | £6,456 (2024) | Total Assessment | £114,408 (2024) |
PROPERTY TAXES
Parcel Number
001-011-24
Land Assessment
£6,456 (2024)
Improvements Assessment
£107,952 (2024)
Total Assessment
£114,408 (2024)
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1000 C St
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