Two-Building Industrial Flex
For Sale
Contact for pricing
Pending
255 Distribution Drive, Sparks, NV 89441
Two free-standing industrial flex buildings totaling 10 condo-style suites are 100% leased to seven long-term tenants.
Property Size24,918 SF
Lot Size1.30 Acres
Days on Market149
Property Features for 255 Distribution Drive
General Information
Standard status
Pending
Size
24,918 SF
Lot size
1.30 Acres
Property subtype
Industrial
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Kidder Mathews Reno
Listed By:
Brad Lancaster · License #NV 0144389
(775) 690-0535
Source:
Crexi
Added: Apr 10
Changed: Aug 26
Last Checked: Sep 4 at 10:26AM
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 Kidder Mathews Reno
Investment Insights
Based on property information with market context.
This for-sale investment property features two free-standing, multi-tenant industrial flex buildings within the Spanish Springs Business Center master planned industrial park. Built in 2007, the buildings use a wood/steel frame with stucco construction. The asset is 100% leased to seven tenants, with many tenants having remained on-site for 10+ years. The configuration includes 10 individually parceled, condo-style suites, allowing suites to be marketed or sold individually in the future if desired.
The property is located in Sparks, Nevada in the North Valleys / Spanish Springs submarket. It is described as having excellent access to regional freeways and to UPS/Fed-Ex shipping hubs, with nearby labor and residential demand drivers in the surrounding area.
Overall, the buildings and suite-by-suite layout support a flexible, multi-tenant holding structure for an industrial flex use within the established business center.
The property is located in Sparks, Nevada in the North Valleys / Spanish Springs submarket. It is described as having excellent access to regional freeways and to UPS/Fed-Ex shipping hubs, with nearby labor and residential demand drivers in the surrounding area.
Overall, the buildings and suite-by-suite layout support a flexible, multi-tenant holding structure for an industrial flex use within the established business center.
Key Highlights
- Two free‑standing industrial flex buildings totaling 10 condo‑style suites, 100% leased to seven tenants
- 24,918 SF on 1.3 acres in the Spanish Springs Business Center master planned industrial park in Sparks, NV
- Built in 2007 with high‑quality wood/steel frame and stucco construction
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 89441, NV
13,887
Population
5,314
Households
2.6
Avg Household Size
44
Median Age
32%
College-Educated
96%
High-School Grad
49.7 sq mi
ZIP Area
279
Density / Sq Mi
$123,625
Median Household Income
$62,025
Median Earnings
$2,078
Median Rent
$624,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two free-standing industrial flex buildings totaling 10 condo-style suites are 100% leased to seven long-term tenants.
Where is this flex space located?
The property is located at 255 Distribution Drive Sparks, NV.
What are key features of this property?
This property features: Two free‑standing industrial flex buildings totaling 10 condo‑style suites, 100% leased to seven tenants; 24,918 SF on 1.3 acres in the Spanish Springs Business Center master planned industrial park in Sparks, NV; Built in 2007 with high‑quality wood/steel frame and stucco construction
