595 Double Eagle CtReno, NV 89521

For Sale
$5,000,000

18,964 SF Office, 6.60% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a two-story, 18,964-square-foot Class C office building situated at 595 Double Eagle Ct, Reno, NV 89521. The property, built in 2000, boasts a 6.60% cap rate and a strong NOI of $328,100, with 100% occupancy across its four units. The building features functional layouts including multiple private offices, an open bullpen area, a break room, and a conference room. Ample parking is available, catering to various professional office needs. Its convenient location offers easy freeway access and proximity to healthcare, retail, and dining amenities. The 0.93-acre lot is zoned PD, and the building's address is 595 Double Eagle Ct, Reno, Washoe County, Nevada. The property's assessed parcel number (APN) is 16306202. This sale/leaseback opportunity offers a compelling return on investment in a thriving Reno submarket. The building's multi-tenant structure provides diversification and stability. This is a rare chance to acquire a well-maintained, fully occupied office building with significant upside potential.

Highlights

  • $5,000,000 asking price for a sale-leaseback opportunity.
  • 18,964 square foot, Class C office building.
  • 6.60% cap rate with a $328,100 net operating income (NOI).
  • 100% occupancy across four units.
  • Located at 595 Double Eagle Ct, Reno, NV 89521, on a 0.93-acre lot.

Property Details for 595 Double Eagle Ct

Property type
Other office properties, Office properties
Square Feet
18,964 SF
Class
C
Year Built
2000
Buildings
1
Stories
2
Lot Size (sq. ft)
40,511 SF
Units
4

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.441969913271
Longitude
-119.76284018355
595 Double Eagle Ct, Reno, Nevada

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595 Double Eagle Ct
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