Listed by Intero Nevada
$2,150,000
Overland Restaurant and Bar
Details
APN 132033402009
Property Type Retail
Sub Type Restaurant
Square Footage 9,868
Net Rentable (SqFt) 9,868
Units 7
Cap Rate 6.26%
NOI $134,483
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 3
Lease Expiration 12/31/2029
Remaining Term 5
Rent Bumps Yes
Price per SqFt $218
Broker Co-Op Yes
Class A
Year Built 1935
Year Renovated 2015
Buildings 3
Stories 2
Acreage 0.900
Zoning commercial
Parking Spaces 20 spaces
Parking Per SqFt 2.03
Investment Type Stabilized
Tenant Credit No Credit Rating
Occupancy Date 04/30/2025
Ownership Private
Retail | 6.26% CAP | 9,868 SqFt
Marketing description
Iconic bar and restaurant building on one of the busiest corners in Gardnerville Nevada. 100% leased with long term tenants.
Investment highlights
Completely redone with great operators in place.
Listing Contacts
Listed by Intero Nevada
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$134,483.00
$11,206.92/mo
Valuation Metrics
0
DSCR
6.26%
Cap Rate
6.26%
ROI
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