805 E Main St
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805 E Main St
10,104 SF 100% Leased Office Building Fernley, NV 89408 £1,525,778 (£151/SF) 7% Net Initial Yield
Investment Highlights
- High visibility with Main Street frontage
- Professional Office/Medical Retail building located in growing Fernley, NV.
Executive Summary
Professional Office/Medical Retail building located in growing Fernley, NV. Sits on 1.080 acres of land and offers high visibility with Main Street frontage. Each unit is individually metered for gas and electric. Current tenants include a veterinarian clinic, dentist, medical insurance and a gaming/card shop. Property is zoned C1, offering a variety of uses, not limited to the current use.
Financial Summary (Actual - 2023) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 or Owner User
Property Type
Office
Property Subtype
Building Size
10,104 SF
Building Class
C
Year Built
1991
Price
£1,525,778
Price Per SF
£151
Net Initial Yield
7%
NOI
£106,804
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,104 SF
Building FAR
0.21
Land Acres
1.08 AC
Zoning
C1 - Commercial Office
Parking
31 Spaces (3.96 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 of 1
PROPERTY TAXES
| Parcel Number | 020-222-21 | Total Assessment | £292,992 (2024) |
| Land Assessment | £90,185 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £202,806 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
020-222-21
Land Assessment
£90,185 (2024)
Improvements Assessment
£202,806 (2024)
Total Assessment
£292,992 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
-
Kellie Flodman -
Cardin Realty Pro's, LLC
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805 E Main St
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