Listed by Colliers - Reno, Nevada
$6,000,000
5060 Meadowood Mall Cir
Details
APN 025-372-34
Property Type Office
Sub Type Medical Office
Square Footage 9,704
Cap Rate 4.41%
Occupancy 100%
Year Built 1983
Stories 1
Fully Leased NNN Medical Office Investment in the Meadowood Submarket
Marketing description
Colliers is pleased to present 5060 Meadowood Mall Circle for sale. This fully leased NNN medical office investment is a rare opportunity for longterm income, a location within the strongest retail submarket in northern
Nevada and a building that has been invested in by the landlord and tenants. There are two suites: Renew MD and Talbott Plastic Surgery. Talbott Plastic Surgery recently built a 806SF surgery center within their suite. The property
is generating over $262,000 per year in net income. The leases have annual increases in base rent and a NNN lease with expenses passed through to the tenants.
Listing Contacts
Listed by Colliers - Reno, Nevada
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