1520 W. Silver Street, Elko, NV 89801

Newmark Mountain West and Colliers are pleased to exclusively present the Sandvik Mining Facility at 1520 W. Silver Street, Elko, Nevada — a newly constructed, build-to-suit industrial asset leased to Sandvik (Nasdaq Stockholm: SAND) and strategically located within one of the most active mining regions in the world.

The Property represents Sandvik's largest mining-focused operation in the United States, serving as a critical service and logistics hub for mining activity throughout Northern Nevada — a region accounting for approximately 70–75% of total U.S. gold production. The 90,772-square-foot Class A facility was delivered in 2025 on 18.75 acres and is purpose-built to support equipment servicing, parts inventory, and operational coordination for many of the world's leading gold producers, including Barrick Gold, Newmont, Integra Resources, First Majestic Silver, Orla Mining, and Ridgeline Minerals.

The investment offers durable, in-place cash flow backed by a 150-year-old global engineering and technology company operating in 130-plus countries with approximately $11–12 billion in annual revenue. Sandvik's service-driven, recurring-revenue model — combined with rising domestic investment in critical minerals, electrification, and supply chain resilience — positions the facility as embedded infrastructure supporting long-term industrial production rather than a discretionary asset.

The Property is designed to support heavy industrial use, including equipment storage, repair, and service operations. The facility incorporates functional layouts, high-clear industrial space, and supporting office components, allowing for efficient day-to-day operations.

Key design features support:

• Equipment servicing and maintenance

• Parts storage and logistics

• Administrative and operational coordination

The build-to-suit nature of the asset ensures alignment with Sandvik’s operational requirements, enhancing long-term usability and tenant retention.

The tenant is currently funding and constructing an on-site warehouse expansion, further increasing the facility’s operational capacity and reinforcing long-term commitment to this location.