
1677 Lucerne St
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1677 Lucerne St
3,415 SF 100% Leased Office Building Minden, NV 89423 £1,200,035 (£351.40/SF) 5.20% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Well Located
- Well Maintained
- Easy Freeway Access
EXECUTIVE SUMMARY
3,415 SF
Credited Tenant:
Carson Tahoe Physician Clinics
Approximately 4 Years Left on NNN Lease
With 3% Annual Rent Increases
2-5 Year Options to Renew
Credited Tenant:
Carson Tahoe Physician Clinics
Approximately 4 Years Left on NNN Lease
With 3% Annual Rent Increases
2-5 Year Options to Renew
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
3,415 SF
Building Class
B
Year Built
2005
Price
£1,200,035
Price Per SF
£351.40
Net Initial Yield
5.20%
NOI
£62,402
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,415 SF
Building FAR
0.98
Lot Size
0.08 AC
Zoning
RC
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PROPERTY TAXES
Parcel Number | 1320-30-714-014 | Improvements Assessment | £170,105 |
Land Assessment | £17,277 | Total Assessment | £187,382 |
PROPERTY TAXES
Parcel Number
1320-30-714-014
Land Assessment
£17,277
Improvements Assessment
£170,105
Total Assessment
£187,382
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1677 Lucerne St
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