Listed by NVCG
$1,400,000
851 Tanager Street
Details
APN 13222212
Property Type Retail
Sub Type Auto Shop
Square Footage 1,500
Units 1
Cap Rate 4.50%
NOI $63,000
Occupancy 100%
Lease Type NN
Broker Co-Op Yes
Year Built 1985
Stories 1
Acreage 13357.000
Zoning TA _ IVC ( Tahoe- Incline Village Commercial
Investment Type Net Lease
Ground Lease No
About This Property for Sale
Marketing description
The property is offered with a lease in place generating $63,000 annually expires 05/31/27, featuring Two - Five year extension options with 3% annual increases—providing stable income and long-term upside. Surrounded by natural beauty and just minutes from world-class recreation, dining, and amenities, this asset combines reliable cash flow with an unbeatable location.
Investment highlights
- 1,500SF Shop Space in Incline Village
- High Barrier Entry to market
- Well Located in Incline Village
- Fully Leased
Listing Contacts
Listed by NVCG
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,000.00
$5,250.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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