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    Usa Pkwy Sparks, NV 89434

    Sponsored
    For Lease
    $168,000

    2,000 SF Retail Space, .46 Acres, High Traffic

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2,000 square foot retail pad, situated on a 0.455-acre lot, presents a unique investment opportunity within the renowned Tahoe-Reno Industrial Center (TRIC), also known as Innovation Park – the world's largest industrial center. Located near the entrance to TRIC, this single-tenant property boasts a prime location alongside established businesses such as Taco Bell and Burger King, making it ideal for a drive-thru coffee shop or similar concept. The property is conveniently situated approximately nine miles northeast of the Tahoe-Reno International Airport and benefits from TRIC's 12 miles of frontage on Interstate 80, ensuring high visibility and accessibility. Storey County's expedited permitting process, with grading plans often issued in under a week and construction permits within 30 days, streamlines the development process. TRIC's impressive tenant roster includes major corporations like Tesla, Switch, and Google, underscoring the area's robust economic growth and strong potential for attracting customers. This property offers a rare chance to establish a thriving business within a dynamic and rapidly expanding industrial hub. The entire 2,000 square feet is currently vacant, providing immediate occupancy for the new tenant.

    Property Features for 0 Usa Pkwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF
    Total Rate
    168000

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,000 SF
    Rate per SF
    $168,000

    HighLights

    • Retail/Restaurant space for lease, 2,000 SF building on a 0.455‑acre lot.
    • Single‑tenant occupancy.
    • Located near the entrance to the Tahoe‑Reno Industrial Center (Innovation Park).
    • Excellent location near Taco Bell and Burger King; ideal for a drive‑thru coffee shop or similar concept.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.49005008904
    Latitude
    39.557088817981

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    FAQs

    What type of property is this?
    Restaurant - 2,000 SF Retail Space, .46 Acres, High Traffic
    Where is this restaurant located?
    The property is located at Usa Pkwy Sparks, NV.
    What is the lease rate?
    The lease rate is $168,000.
    What are key features of this property?
    This property features: Retail/Restaurant space for lease, 2,000 SF building on a 0.455-acre lot.; Single-tenant occupancy.; Located near the entrance to the Tahoe-Reno Industrial Center (Innovation Park).
    Request Owner's contact information
    Usa Pkwy Sparks, NV 89434
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    Sparks, NV 89434
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Usa Pkwy Sparks, NV 89434
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