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32399658
32399652

500 GUMMOW DR, FALLON, NV 89406-9302

RB
NV NV S.200156
Logic Commercial Real Estate Reno
PE
NV S.193234
LOGIC Commercial Real Estate
Listed by Logic Commercial Real Estate Reno, LOGIC Commercial Real Estate
$760,000
28 days on market
Updated 24 days ago

500 Gummow Dr | STNL Investment

Details
APN 00839110
Property Type Industrial, Mixed Use (+1)
Sub Type Flex, Warehouse
Square Footage 3,200
Units 1
NOI $42,000
Occupancy 100%
Tenancy Single
Lease Expiration 12/31/2027
Lease Options One 3-year renewal option
Year Built 1962
Buildings 1
Stories 1
Acreage 3.540
Zoning C1
Investment Type Value Add
Ground Lease No

STNL Investment

Marketing description

• Prime industrial/commercial site with excellent visibility from the Reno Hwy. and accessibility in Fallon's growing commercial corridor, ± 16,500 CPD

• Tenant has occupied the property for over 50 years

• Adjacent to the Western Pacific Railroad, with access to rail spur, providing direct rail connectivity for logistics and distribution operations

• Current lease term through December 2027, at below market rents. One 3-year option remaining at market value

• ± 3,200 SF of warehouse space on ± 3.54 AC with partially fenced yard

Investment highlights

• Prime industrial/commercial site with excellent visibility from the Reno Hwy. and accessibility in Fallon's growing commercial corridor, ± 16,500 CPD

• Tenant has occupied the property for over 50 years

• Adjacent to the Western Pacific Railroad, with access to rail spur, providing direct rail connectivity for logistics and distribution operations

• Current lease term through December 2027, at below market rents. One 3-year option remaining at market value

• ± 3,200 SF of warehouse space on ± 3.54 AC with partially fenced yard

Listing Contacts

RB
NV NV S.200156
Logic Commercial Real Estate Reno
PE
NV S.193234
LOGIC Commercial Real Estate
Listed by Logic Commercial Real Estate Reno, LOGIC Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,000.00
$3,500.00/mo

Valuation Metrics

0
DSCR
5.53%
Cap Rate
5.53%
ROI

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Additional Information

Name
Rylee Buckmaster
License
NV S.200156
Brokerage Phone
7758004100
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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