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931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo
931-939 Mica Drive, Carson City, NV 89705 Photo

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931-939 Mica Drive
Carson City, NV 89705
$6,925,000
| 28000 sqft | 3.09 Acreage

This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and 17 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential., If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today's construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity

Listed By / Presented By

Listed By

Agency Name: RE/MAX Gold-Carson City
Agency Phone: 775-885-2200
Agent Name: Garrett Lepire
Agent Phone: 775-720-4712

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Presented By

Agent Name: Marlene Pierce
Agent Phone: 530.545.8907
Agency Title: Chase International Real Estate

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Property Details

Property Type: Commercial - Business
Cooling: Central Air, Refrigerated
Fenced: Yes
Heating: Forced Air, Natural Gas
Lot Size: 3.09 Acres
Roof Type: Flat, Membrane
Stories: 1.0
Taxes: $11,922
Year Built: 2006
MLS ID: 250002225

Feature Descriptions

Association Fee Includes: Maintenance Structure, Trash, Real Estate Tax
Building Features: No Common Area Facilities, Loading In Front, Loading In Rear
Business Type: Shopping Center Or Mall, Commercial
Construction Type: Masonry
Cooling Y/N: Yes
Days on Site: 371
Electric: 200+ Amp Service,220 Volts,110 Volts
Exterior: Brick, Masonite
Fencing: Fenced, Masonry
Flooring: Carpet, Concrete, Vinyl
Foundation: Slab
Heating Y/N: Yes
Lot Features: Landscaped
Parcel #: 1420-07-619-001
Restrooms: 3
Road Frontage: Public
Road Responsibility: Public Maintained Road
Road Surface: Paved
Security Features: Fire Sprinkler System, Security Lights
Sewer: Public Sewer
Sprinklers: Drip System, Front, Rear, Other
Units: 17
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water: Public
Water Rights Y/N: No
Window Features: Metal Frames, Double Pane Windows, Display Window(s)

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