Single-Story Auto Body Service
2500 Prater Way Sparks, NV 89431
2500 Prater Way, Sparks, NV, 89431
Contact for pricing
For Sale
Contact for pricing
Single-story collision repair facility with grade-level doors, 240V/3-phase power, and secured parking.
Property Size13,787 SF
Price / SF$241.89
Days on Market41
Property Features for 2500 Prater Way
General Information
- Standard status
- Active
- Size
- 13,787 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1978
Listing agency
Cushman & Wakefield - Reno, Nevada
Listed by
Michael Maloney · License #NV 0166897
Source
Crexi
Added: Jun 11 Updated: Jul 21 at 2:25AM Checked: Jul 21 at 11:21AM
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 Cushman & Wakefield - Reno, Nevada
Investment Insights
Based on property information with market context.
A single-story auto body service building offering collision-repair space with approximately 4,100 square feet of office area and approximately 9,700 square feet of production space. Originally constructed in 1978 and renovated in 2026, the site includes 240V/3-phase power, grade-level doors, and around 100 secured parking spaces.
The property is located immediately off Interstate 80 on the border of Sparks and Reno, Nevada, placing it near the I-80/I-580 junction known as the “Spaghetti Bowl.” Average daily traffic counts are noted as 118,000 on I-80 and 102,000 on I-580.
The surrounding area is described as concentrated with automotive uses, including Arco/AMPM, Sierra Express Car Wash, Instant Smog Inc, and Fast Tires and Brakes. The offering is presented as a new 15-year Absolute NNN sale-leaseback to G&C Auto Body upon close of escrow.
The property is located immediately off Interstate 80 on the border of Sparks and Reno, Nevada, placing it near the I-80/I-580 junction known as the “Spaghetti Bowl.” Average daily traffic counts are noted as 118,000 on I-80 and 102,000 on I-580.
The surrounding area is described as concentrated with automotive uses, including Arco/AMPM, Sierra Express Car Wash, Instant Smog Inc, and Fast Tires and Brakes. The offering is presented as a new 15-year Absolute NNN sale-leaseback to G&C Auto Body upon close of escrow.
Key Highlights
- 13,787 SF single‑story collision repair service location on a 1.39‑acre lot (built 1978; renovated in 2026).
- Absolute NNN sale‑leaseback to G&C Auto Body upon close of escrow (15‑year term).
- Tenant facility features 240V/3‑phase power, grade‑level doors, and about 100 secured parking spaces.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.1k | $22.20 |
| − Vacancy | −$45.9k | −$3.33 |
| EGI | $260.2k | $18.87 |
| − OpEx | −$65.0k | −$4.72 |
| NOI | $195.1k | $14.15 |
13,787 SF · lease $22.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$4.55M
$3.99M – $5.31M
NOI $318,839 @ 7.0% cap · market cap 9.56%
Second Best
Office B
$2.79M
$2.44M – $3.25M
NOI $195,121 @ 7.0% cap · market cap 5.85%
Theoretical Best
Specialty Retail
$4.88M
$4.27M – $5.69M
NOI $341,613 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
McCarran Auto Body
Auto Repair Shop
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- Two Macs Alignment & Brake Services — 295 Golden Ln, Reno, NV 89502
FAQs
What type of property is this?
Auto shop - Single-story collision repair facility with grade-level doors, 240V/3-phase power, and secured parking.
Where is this auto shop located?
The property is located at 2500 Prater Way Sparks, NV.
What is the asking price?
The asking price for this property is $3,335,000.
What are key features of this property?
This property features: 13,787 SF single‑story collision repair service location on a 1.39‑acre lot (built 1978; renovated in 2026).; Absolute NNN sale‑leaseback to G&C Auto Body upon close of escrow (15‑year term).; Tenant facility features 240V/3‑phase power, grade‑level doors, and about 100 secured parking spaces.
