4830 Vista Blvd, Sparks, NV 89436
Office building with income potential in Sparks, Nevada.
- Added:
- Jan 6, 2020
- Days on Market:
- 2347
- Last Refresh:
- May 20 at 8:23 pm
Property Features for 4830 Vista Blvd
General Information
- Standard status
- Active
- Size
- 12,734 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agent Ken Stark License #ID DB49181
Listing office Stark Accelerators Commercial Real Estate
Listing date Jan 6, 2020
Source Crexi
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 Stark Accelerators Commercial Real Estate
HighLights
- Owner occupancy opportunity with income potential
- Existing tenants providing immediate income (Units 106 & 110)
- Shell space ready for custom configuration
- Former martial arts studio (Unit 108)
- Built in 2006 (relatively new construction)
- Short term leases offer flexibility
Overview
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 | $282.7k | $22.20 |
| − Vacancy | −$42.4k | −$3.33 |
| EGI | $240.3k | $18.87 |
| − OpEx | −$60.1k | −$4.72 |
| NOI | $180.2k | $14.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Washoe
- State
- Nevada
- Longitude
- -119.7176522
- Latitude
- 39.5786381
