

Indian Hills Plaza Shopping Center
Prime investment opportunity at 931-939 Mica Drive in Carson City, NV
Marketing description
This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and nine units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $400,164, with total revenues of $532,164 and expenses of $132,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential. If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today’s construction costs. Ask for the current rent roll and pro-forma. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
















