890 Gentry Way Reno, NV 89502
Property Features for 890 Gentry Way
General Information
- Property type
- Flex space
- Square Feet
- 11,915 SF
- Lot Size
- 26,136 SF
Building Details
- Year Built/Renovated
- 1982/2023
Listing Agent: Batuhan Zadeh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully renovated, 11,915-square-foot flex industrial building located at 890 Gentry Way, Reno, Nevada 89502. The property, situated on a 0.6-acre lot, features a desirable blend of industrial and office space. The ground floor comprises 7,500 square feet of insulated industrial space, perfectly suited for various uses. Upstairs, approximately 4,400 square feet of newly renovated office space offers a modern and efficient workspace. Extensive renovations completed in 2023 include new siding, windows, and garage bay doors, ensuring a turnkey investment for the buyer. The building boasts a 100% occupancy rate with a single tenant under a NNN lease, generating a strong Net Operating Income (NOI) of $178,725 and a compelling 6.74% capitalization rate. The asking price is $2,650,000, translating to $222.41 per square foot. Built in 1982 and meticulously updated, this property is zoned GC and presents a rare opportunity in the Reno market. The property's strong financials, combined with its prime location and recent renovations, make it an ideal addition to any investment portfolio. The Assessed Parcel Number (APN) is 020-221-28.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
General Transmission
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.7852172
- Latitude
- 39.4945178
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FAQs
What type of property is this?
Flex space - Turnkey Flex Space, High Occupancy, Strong NOI
Where is this flex space located?
The property is located at 890 Gentry Way Reno, NV.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: $2,650,000 asking price for a stabilized industrial flex property.; 11,915 square feet, 100% occupied, with a $222.41 price per square foot.; 6.74% cap rate and $178,725 net operating income (NOI).