375 Industrial Dr, Fernley, NV
54,228 SF industrial building with heavy infrastructure and logistics connectivity.
Property Features for 375 Industrial Dr
General Information
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Investment Insights
Based on property information with market context.
Key Highlights
- Direct access to I‑80 and proximity to rail for excellent logistics connectivity.
- Heavy industrial design with 12 ten‑ton bridge cranes and 8” reinforced concrete floor.
- 54,228 SF freestanding building on 11.10 acres** with expansion potential and secured yard.
Financial Insights For Warehouse
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 | $514.1k | $9.48 |
| − Vacancy | −$35.0k | −$0.64 |
| EGI | $479.1k | $8.84 |
| − OpEx | −$71.9k | −$1.33 |
| NOI | $407.3k | $7.51 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Market
Vacancy Rate% for Industrial in West region