Listed by CBRE - Reno
$4,600,000
9728 S. Virginia St.
Details
APN 163-150-03
Property Type Industrial
Sub Type Flex
Square Footage 19,440
Cap Rate 5.77%
NOI $263,549
Occupancy 100%
Tenancy Multi
Brand/Tenant Rack 2 Roam, Hot Tub Superstore
Pro-Forma Cap Rate 5.95%
Pro-Forma NOI $273,631
Price per SqFt $237
Class B
Year Built 1999
Buildings 1
Acreage 1.325
Zoning Mixed Use Suburban (MS)
Investment Type Stabilized
Ground Lease No
Ceiling Height 17
Dock High Doors 1
Industrial | 5.77% CAP | 19,440 SqFt
Marketing description
This is a rare opportunity to acquire a stabilized flex industrial investment in Northern Nevada. The building is currently occupied by three tenants with exceptional visibility from I-580 and has significant upside in rental rates upon expiration of legacy caps and pre-negotiated renewals.
Investment highlights
- 100% leased
- Three-tenants
- Remaining lease term of 3.60 years
- Two tenants recently renewed at market rental rates
- Lease expiration in 2029 allows for future upside
- Visible from Interstate 580
- Strategic Location in the Truckee Meadows
Listing Contacts
Listed by CBRE - Reno
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$263,548.70
$21,962.39/mo
Valuation Metrics
0
DSCR
5.73%
Cap Rate
5.73%
ROI
Map
Zoning
OS SpecialOpen Space
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View all 142 uses
View all 142 uses Last updated Jan 29, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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