Multi-Building Office
415 Hwy 95a Unit E-F-G-H- Fernley, NV 89408
415 Hwy 95a Unit E-F-G-H-, Fernley, NV, 89408
$3,181,500
For Sale
$3,181,500
Five office buildings built in 2004 are offered as a fully leased portfolio totaling approximately 15,100 sq. ft.
Property Size15,100 SF
Price / SF$210.70
Days on Market253
Property Features for 415 Hwy 95a Unit E-F-G-H-
General Information
- Standard status
- Active
- Size
- 15,100 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
Coldwell Banker Select ZC
(775) 721-1196
Listed by
Anthony Laurian
(775) 721-1196
Source
Xome
Added: Nov 11, 2025 Updated: Jul 21 at 7:23AM Checked: Jul 21 at 7:23AM
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 Coldwell Banker Select ZC
Investment Insights
Based on property information with market context.
The offering includes Buildings E, F, G, H, and I within the Sierra Meadows Business Plaza. The five fully leased office buildings total approximately 15,100 square feet and were built in 2004. The portfolio is described as meticulously maintained and is positioned for steady occupancy under in-place leases.
The property is located in Fernley and highlights convenient access to Interstate 80 and transcontinental rail, with an approximately 45-minute drive to Reno-Tahoe International Airport. The remarks indicate the buildings serve businesses tied to the region’s industrial growth.
All units are reported as fully leased at competitive market rates. Individual building prices are provided for Buildings E, F, G, H, and I, supporting the portfolio structure while also offering a straightforward basis for underwriting across the five assets.
The property is located in Fernley and highlights convenient access to Interstate 80 and transcontinental rail, with an approximately 45-minute drive to Reno-Tahoe International Airport. The remarks indicate the buildings serve businesses tied to the region’s industrial growth.
All units are reported as fully leased at competitive market rates. Individual building prices are provided for Buildings E, F, G, H, and I, supporting the portfolio structure while also offering a straightforward basis for underwriting across the five assets.
Key Highlights
- Five fully leased office buildings (Buildings E, F, G, H & I) in the Sierra Meadows Business Plaza
- Total approx. 15,100 sq. ft.; built in 2004
- Portfolio priced at $225/sq. ft., offered below replacement cost; individual pricing: E $845K, F $845K, G $565K, H $585K, I $695K
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 | $436.7k | $28.92 |
| − Vacancy | −$80.8k | −$5.35 |
| EGI | $355.9k | $23.57 |
| − OpEx | −$89.0k | −$5.89 |
| NOI | $266.9k | $17.68 |
15,100 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.81M
$3.34M – $4.45M
NOI $266,928 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.65M
$4.07M – $5.43M
NOI $325,754 @ 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
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Five office buildings built in 2004 are offered as a fully leased portfolio totaling approximately 15,100 sq. ft.
Where is this office building located?
The property is located at 415 Hwy 95a Unit E-F-G-H- Fernley, NV.
What is the asking price?
The asking price for this property is $3,181,500.
What are key features of this property?
This property features: Five fully leased office buildings (Buildings E, F, G, H & I) in the Sierra Meadows Business Plaza; Total approx. 15,100 sq. ft.; built in 2004; Portfolio priced at $225/sq. ft., offered below replacement cost; individual pricing: E $845K, F $845K, G $565K, H $585K, I $695K
