205 - 209 West Goldfield Avenue, Yerington, NV 89447

Investment Overview

The subject property consists of a situated on a 0.37 acre lot in Yerington, Nevada and is 100% fully leased with 5 total tenants. The property is located at the intersection of West Goldfield Avenue (Highway 95) and West Street, and has very high visibility with excellent ingress & egress from both roads. The .373 Acre parcel features two contiguous buildings that total 8,390 SF, a small rear loading area, and asphalt parking area in front of the building. The first building is a 4,650 SF corner office/retail building constructed in 1990 and anchored by long term tenant State of Nevada Division of Child Welfare Services and SOLV Energy LLC. The 2nd building was originally built in 1983 and the 3,740 SF inline office/retail building currently has 3 tenants with rear warehouse access, and one (1) small rollup door.

This Multi-tenant investment property in Yerington has a long term stable State of Nevada tenant, namely the Child Welfare Services (CWS) with several years left on lease. Currently performing near a 8.8% Cap the property is fully leased. The current Monthly rental income is $6,937 currently (Annual income is $83,244 with Annual Expenses at $12,932) giving the property a current annual NOI of $70,311.

Yerington, Nevada, is the county seat of Lyon County, centrally located at the intersection of US 95A and Nevada State Route 208, approximately 70 miles southeast of Reno. Home to the fourth-largest copper deposit in North America, just outside the city, Yerington is seeing increasing production activity from companies like Nevada Copper. Agriculture also plays a significant role in the local economy, supported by a variety of related businesses.

The subject property is strategically positioned in the area's primary retail corridor, along the busiest road in Yerington. National retailers such as Raley’s, McDonald's, Round Table Pizza, H&R Block, Maverik, and O'Reilly Auto Parts are all within a quarter mile of the property.

Priced at $799,000, this property offers a purchaser an established cash flow revenue stream with near-term value-add opportunities to improve returns.