Listed by Logic Commercial Real Estate Reno
$5,300,000
1000-1070 E William | 8% Cap Rate
Details
APN 002-123-07
Property Type Office
Sub Type Traditional Office
Square Footage 57,387
Occupancy 73%
Class C
Year Built 1975
Buildings 3
Stories 2
Zoning GC
Investment Type Value Add
Occupancy Date 09/01/2025
57,387 SF Multi-tenant Office Located at the State's Capitol
Marketing description
LOGIC Commercial Real Estate is pleased to offer for sale 1000, 1050, & 1070 E William St. at an 8% Cap Rate. This +/- 57,387 SF multi-tenant office parcel is located in central Carson City, NV and is leased to a variety of state government agencies and local business operators. The property provides an ample parking ratio of 3.5/1,000 SF. Capital Plaza Business Center benefits from dense and affluent demographics with a total of +/- 22,409 households with an average income of $84,725 within a 3-mile radius. This strategic location allows tenants easy access to Lake Tahoe, Reno, Minden/Garnderville, and Tahoe Reno Industrial Center. *This pricing includes 1070 E William - a 3,100 SF standalone warehouse on site*
Investment highlights
- 8% Cap rate
- 12% Pro forma
- 73% Occupied
Listing Contacts
Listed by Logic Commercial Real Estate Reno
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