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2575 Alta Vista Dr

21,180 SF Industrial Building Elko, NV 89801 £3,540,038 (£167/SF) 7.62% Net Initial Yield

Investment Highlights

  • Location! Just off the Interstate 80 303 Exit Easy ingress/egress
  • 3 Drive thru service bays with two 10 ton bridge cranes/one 5 ton
  • Large lay down yard with Security Fencing

Executive Summary

This Commercial/Industrial Building/property offers a rare opportunity of LOCATION & FUNCTIONALITY with 21,180 square feet situated on 3.37 acres located just off the north side of the Interstate 80, 303 Exit. The building is comprised of 14,970 sqft of shop space and features 6,210 sqft of Office space.The Office space consists of a conference room, 11 offices, a training room, bull pen area, a break room, copy room, and ADA compliant restroom facilities. The Shop area features two 10 ton bridge cranes and one 5 ton bridge crane, three drive thru service bays with 20' overhead doors, ceiling eave heights of 28', a shop bull-pen area, bit sharpening room, drifter room, and a locker/restroom facility, and a 300 sqft mezzanine training room. In addition, the shop area also has an enclosed wash bay with a covered storage area. The office & Shop areas are equipped with a wet sprinkler system, the wash bay & covered storage area are equipped with a separate system with antifreeze. There is ample lay down storage secured with 6' security fencing with top rail and 3 strand barbed wire. The Power feed is upgraded with 1,600 amp, 3 phase at 208 volts.

Property Facts Under Contract

Price £3,540,038
Price Per SF £167
Sale Type Investment NNN
Net Initial Yield 7.62%
Sale Conditions Sale & Leaseback
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 3.37 AC
Rentable Building Area 21,180 SF
Number of Floors 1
Year Built 2011
Tenancy Single
Parking Ratio 1.84/1,000 SF
Clear Ceiling Height 28 ft
Level Access Doors 9

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 21,180 SF
  • Industrial
  • Full Build-Out
  • Apr 2025
Space Size Space Use Condition Available
1st Floor 21,180 SF Industrial Full Build-Out Apr 2025

1st Floor

Size
21,180 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Apr 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-560-090
Land Assessment
£139,157
Improvements Assessment
£621,134
Total Assessment
£760,291

zoning

Zoning Code Comm/Ind (Commercial Industrial - retail or office use combined with Industrial use)
Comm/Ind (Commercial Industrial - retail or office use combined with Industrial use)
  • Listing ID: 32776204

  • Date on Market: 12/08/2024

  • Last Updated:

  • Address: 2575 Alta Vista Dr, Elko, NV 89801

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