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Multi-Tenant Medical/Office/Lab Property
For Sale
$4,224,270

255 Glendale Avenue, Sparks, NV 89431

28,490 SF multi-tenant medical/office/lab property in Sparks, NV.

Property Size28,490 SF
Price / SF$148.27
Days on Market135

Property Features for 255 Glendale Avenue

General Information

Standard status Active
Size 28,490 SF
Property subtype Office
Listing Agency: CBRE - Reno
Listed By: Leahna Chapman · License #0183267
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 6 at 5:01AM

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 CBRE - Reno

Investment Insights

Based on property information with market context.

This 28,490 square-foot multi-tenant property is suitable for medical, office, or lab use and is located in the flex industrial submarket of Sparks, NV. The property is located in a primarily industrial submarket providing needed office space to users in this industrial submarket. The anchor tenant, Concentra Health, has 17 years of operating history at the site and 7 years remaining on the existing lease. Juniper Services occupies approximately 5,400 square feet with 4 years remaining on their lease. The property is zoned Industrial, providing flexibility to convert to flex industrial.

Key Highlights

  • Anchor tenant is Concentra Health with 7 years remaining on the existing lease.
  • 28,490 square‑foot multi‑tenant medical/office/lab property.
  • Located in the flex industrial submarket of Sparks, NV.

Property Analytics

Current Use

Curtis Gulka, OT Physician Dr. Donald S. ... Physician Dr. James R. ... Physician Euromodelage Production Facility GSG Protective Services Security Service

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Barber Shop Accounting Firm (Bike/Boat/Book/etc) Store

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

1,201
Businesses Nearby
Well-served
Demand for This Use

Demographics for 89431, NV

40,219
Population
16,858
Households
2.4
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
9.2 sq mi
ZIP Area
4,372
Density / Sq Mi
$64,496
Median Household Income
$39,589
Median Earnings
$1,276
Median Rent
$332,000
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?
Medical Office Space - 28,490 SF multi-tenant medical/office/lab property in Sparks, NV.
Where is this medical office space located?
The property is located at 255 Glendale Avenue Sparks, NV.
What is the asking price?
The asking price for this property is $4,224,270.
What are key features of this property?
This property features: Anchor tenant is Concentra Health with 7 years remaining on the existing lease.; 28,490 square‑foot multi‑tenant medical/office/lab property.; Located in the flex industrial submarket of Sparks, NV.
More about this property
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