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Strip Mall Triple Net Parcel
For Sale
$2,300,000

1328 Highway 395, Gardnerville, NV 89410

One of three parcels in Park Place Center with onsite parking and updated roof and HVAC.

Property Size7,196 SF
Price / SF$319.62
Days on Market286

Property Features for 1328 Highway 395

General Information

Standard status Active
Size 7,196 SF
Property subtype Commercial

Additional Details

Cap Rate 4.7%
Highway Access Yes

Building Details

Year Built 2003
Tenancy Multi
Listing Agency: RE/MAX Realty Affiliates
Listed By: Wm. Brad Spires
Source: Ferrari-lund
Added: Nov 20, 2025 Changed: Sep 2 Last Checked: Aug 31 at 8:36PM

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 RE/MAX Realty Affiliates

Investment Insights

Based on property information with market context.

One of the three parcels in Park Place Center is being offered for sale. The property is a retail strip mall configuration operated under seasoned Triple Net leases with built-in extensions. Current tenants listed are Subway, Mattress Factory, and Hello Handmade.

The center is located in the town of Gardnerville shopping area and is easily accessed off Highway 395, with plenty of onsite parking. The building has had the roof resealed and all HVAC units replaced, supporting a well-maintained operating profile.

The stated 4.7 CAP rate reflects the building’s central positioning within the center and the documented recent exterior and mechanical updates.

Key Highlights

  • One of 3 parcels in Park Place Center in Gardnerville shopping area
  • Accessible off Hwy 395 with plenty of onsite parking
  • Year built 2003; roof resealed and all HVAC units replaced

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Law Firm Electrical Service Storage Facility HVAC Service Restaurant

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 31% Shops & Services 28% Home Improvements & Furnishings 4%
Smith's Groceries
24,383 visits/mo 0.1 miles
Raley's Groceries
23,283 visits/mo 0.2 miles
Starbucks Dining
13,685 visits/mo 0.1 miles
Smith's Fuel Center Shops & Services
13,438 visits/mo 0.1 miles
Taco Bell Dining
12,557 visits/mo 0.1 miles

Demographics for 89410, NV

11,169
Population
5,285
Households
2.1
Avg Household Size
53
Median Age
30%
College-Educated
95%
High-School Grad
231.2 sq mi
ZIP Area
48
Density / Sq Mi
$81,861
Median Household Income
$41,056
Median Earnings
$1,516
Median Rent
$588,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - One of three parcels in Park Place Center with onsite parking and updated roof and HVAC.
Where is this strip mall located?
The property is located at 1328 Highway 395 Gardnerville, NV.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: One of 3 parcels in Park Place Center in Gardnerville shopping area; Accessible off Hwy 395 with plenty of onsite parking; Year built 2003; roof resealed and all HVAC units replaced
More about this property
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