Mixed-Use Investment Anchored by
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1000 C St, Hawthorne, NV 89415
Fully leased mixed-use property with long-term leases from the State.
Property Size9,576 SF
Price / SF$71.85
Days on Market638
Property Features for 1000 C St
General Information
Standard status
Active
Size
9,576 SF
Property subtype
Multifamily, Office
Zoning
C1;COMMERC
Building Details
Year Built
1973
Listing Agency:
NAI Alliance - Reno
(775) 250-5001
Listed By:
Brian Egan · License #BS.1000906
Source:
Crexi
Added: Nov 12, 2024
Changed: Aug 11
Last Checked: Aug 11 at 10:47AM
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 NAI Alliance - Reno
Investment Insights
Based on property information with market context.
This mixed-use property features two buildings fully leased to the State of Nevada. Building 1, constructed in 1973, has a size of approximately 6,552 square feet, while Building 2, constructed in 1976, measures approximately 3,024 square feet. The property is configured with three office spaces, two recently remodeled apartments (one 1-bedroom/2-bath and one 3-bedroom/1-bath), and one storage space. The long-term leases with the State of Nevada have been recently renewed, ensuring 100% occupancy for over two decades. The property has a Net Operating Income (NOI) of $52,071 and a cap rate of 7.6%. The property is well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment. The diverse income streams from office, residential, and storage spaces contribute to the property's resilience and versatility. The property is located in a high-demand area with strong historical occupancy.
Key Highlights
- Fully leased mixed‑use property anchored by the State of Nevada with 20+ years of tenancy.
- Strong 7.6% cap rate and consistent cash flow.**
- Long‑term, recently renewed leases with the State of Nevada, ensuring 100% occupancy.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 89415, NV
3,534
Population
1,684
Households
2.1
Avg Household Size
49
Median Age
11%
College-Educated
92%
High-School Grad
378.4 sq mi
ZIP Area
9
Density / Sq Mi
$52,264
Median Household Income
$44,516
Median Earnings
$1,289
Median Rent
$184,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use property with long-term leases from the State.
Where is this mixed-use property located?
The property is located at 1000 C St Hawthorne, NV.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: Fully leased mixed‑use property anchored by the State of Nevada with 20+ years of tenancy.; Strong 7.6% cap rate and consistent cash flow.**; Long‑term, recently renewed leases with the State of Nevada, ensuring 100% occupancy.
