10619 Professional Cir Reno, NV 89521
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High-Yield NNN Investment, 100% Occupied
Property size:
32,916 SFProperty Features for 10619 Professional Cir
General Information
- Property type
- Medical offices
- Square Feet
- 32,916 SF
- Class
- B
Building Details
- Buildings
- 2
- Stories
- 1
Listing Agency: Logic Commercial Real Estate Reno Listing Agent: Michael Keating
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional investment opportunity featuring a portfolio of two Class B medical office buildings totaling 32,916 square feet, situated in prime Reno, Nevada locations. The portfolio is 100% occupied by GI Consultants under absolute NNN leases, offering significant long-term stability. 880 Ryland Street, a 15,285 square foot building constructed in 2007, is located in central Reno adjacent to the Renown Medical Campus, offering convenient access to downtown and ample parking on a 1.36-acre parcel. The lease has approximately 55 months remaining. 10619 Professional Circle, a 17,631 square foot building constructed in 2000, is located in South Reno, featuring a full endoscopy center and boasting excellent visibility from US Highway 395. This building sits on a 2.01-acre parcel with ample parking and is near Renown's South Meadows and the Northern Nevada Sierra Medical Center. The lease on this property has approximately 96 months remaining. Both properties benefit from MU and PD zoning. The asking price for this exceptional net lease investment is $21,064,000. This portfolio presents a compelling opportunity for investors seeking strong cash flow and long-term appreciation in a thriving medical market. The properties are single-story buildings with a combined total of two buildings.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Eric Osgard
Physician
Jay Krishnan
Physician
Anna Kerfoot
Physician
Liver Transplant Program ...
Medical Clinic
Dr. Tom Fang
Physician
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.7543741
- Latitude
- 39.4263863
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FAQs
What type of property is this?
Medical office - High-Yield NNN Investment, 100% Occupied
Where is this medical office located?
The property is located at 10619 Professional Cir Reno, NV.
What is the asking price?
The asking price for this property is $21,064,000.
What are key features of this property?
This property features: Two Class B medical office buildings totaling 32,916 square feet in prime Reno, NV locations.; 100% occupied by GI Consultants under absolute NNN leases.; 880 Ryland St: 15,285 SF, 55 months remaining on lease, adjacent to Renown Medical Campus.