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Fallon Office Building For Sale
For Sale
$1,050,000

111 Industrial Way, Fallon, NV 89406

7,000 sqft office building with long-term tenant in place.

Property Size7,000 SF
Lot Size0.52 Acres
Price / SF$150
Days on Market1012

Property Features for 111 Industrial Way

General Information

Standard status Active
Size 7,000 SF
Lot size 0.52 Acres

Taxes and HOA fees

Annual Taxes $8,507
Listing Agency: Berney Realty, LTD
Listed By: Joshua Berney
Source: Exprealty
Added: Nov 13, 2023 Changed: Aug 20 Last Checked: Aug 21 at 11:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berney Realty, LTD

Investment Insights

Based on property information with market context.

This 7,000 sqft office building is available for purchase as an investment property. The current tenant is the State of Nevada, Department of Health and Human Services Division of Welfare and Supportive Services, with a 5-year lease in place. The current monthly rent is $8,618.37. Showings require 24 hours' notice.

Key Highlights

  • Leased to State of Nevada, Department of Health and Human Services, Division of Welfare and Supportive Services.
  • Current monthly rental income of $8,618.37.
  • 7,000 sqft office building.

Property Analytics

Current Use

Food Stamps Social Service Agency Welfare Department Social Service Agency DWSS Fallon District ... State Government Office

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Law Firm Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

Demographics for 89406, NV

25,204
Population
10,872
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
92%
High-School Grad
1,993.0 sq mi
ZIP Area
13
Density / Sq Mi
$73,268
Median Household Income
$41,060
Median Earnings
$1,203
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 7,000 sqft office building with long-term tenant in place.
Where is this office building located?
The property is located at 111 Industrial Way Fallon, NV.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Leased to State of Nevada, Department of Health and Human Services, Division of Welfare and Supportive Services.; Current monthly rental income of $8,618.37.; 7,000 sqft office building.
More about this property
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