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800 S Wells Ave
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800 S Wells Ave
2,400 SF Retail Building Reno, NV 89502 £1,029,903 (£429/SF) 5.10% Net Initial Yield
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EXECUTIVE SUMMARY
This single-tenant net-leased 7-Eleven convenience store is a prime investment property located in Reno, NV. 7-Eleven is the 20th largest company in the United States with over 9,200 stores nationwide as of 2024. This corporate-guaranteed 7-Eleven consists of a +/- 2,400 SF retail convenience store situated on +/- 0.16 AC of land.
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,400 SF
Building Class
B
Year Built
1975
Price
£1,029,903
Price Per SF
£429
Net Initial Yield
5.10%
NOI
£52,489
Tenancy
Single
Number of Floors
1
Building FAR
0.35
Lot Size
0.16 AC
Zoning
GC
Parking
6 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
58 ft on S Wells Ave
AMENITIES
- Bus Route
- Pylon Sign
- Signage
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 013-116-11 | Improvements Assessment | £31,624 |
Land Assessment | £37,745 | Total Assessment | £69,369 |
PROPERTY TAXES
Parcel Number
013-116-11
Land Assessment
£37,745
Improvements Assessment
£31,624
Total Assessment
£69,369
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800 S Wells Ave
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