Stead Blvd

Drastic price reduction for a quick sale.​ Seller is moving out of the region.​ Priced at a 7% CAP on the ACTUAL cash flow + NO value of the additional acre of undeveloped land.​

Northern Nevada Portfolio APN: 086-101-39.​ Discover an outstanding opportunity to own a dynamic Northern Nevada portfolio with three retail/office buildings and 48,000 SF of vacant land zoned for industrial flex units.​ Situated on 3.149 acres of prime real estate in the bustling area of North Valley; Stead, this property offers not only immediate rental income but also vast potential for future development.​ Boasting a convenient location at the high-traffic intersection of Stead Blvd and Lear Blvd with easy access to I-580, this investment includes three buildings constructed in 1993 and 1998, complemented by over an acre of developable land.​ The seller has initiated plans that will be transferred with the sale, presenting a rare chance to secure a long-term leased investment in a rapidly growing area.​ Don't miss out on this rare opportunity to acquire a strategic asset with promising returns and significant growth prospects.​

Fully Leased Investment property with value-add opportunity to develop an acre. Leased until 2029 with annual increases and NNN reimbursement.