Building Details

Year Built 1996

Buildings 1

Stories 1

Units 1

Tenancy Multi

Listing Agency: Berney Realty, Ltd c***@berneyrealty.com Show Phone

Listed By: Cari Norcutt · License #NV B1000349

Source: Crexi

Added: Nov 17, 2023 Changed: Aug 16 Last Checked: Aug 21 at 10:21AM

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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 Berney Realty, Ltd

Investment Insights

Based on property information with market context.

This is a 7000 square foot office building. The State of Nevada, Department of Health and Human Services Division of Welfare and Supportive Services is the current tenant, operating under a 5-year lease. The current monthly rent is $8618.37.

Key Highlights

• Tenant in place: State of Nevada, Department of Health and Human Services
• 5‑Year Lease in Place
• Current Monthly Rent: $8618.37

Property Analytics

Property Profile

Current Use

Food Stamps Social Service Agency Welfare Department Social Service Agency DWSS Fallon District ... State Government Office

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Law Firm Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

502

Businesses Nearby

Explore this area Business Placement

Demographics for 89406, NV

25,204

Population

10,872

Households

2.3

Avg Household Size

41

Median Age

19%

College-Educated

92%

High-School Grad

1,993.0 sq mi

ZIP Area

13

Density / Sq Mi

$73,268

Median Household Income

$41,060

Median Earnings

$1,203

Median Rent

$298,000

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building with a long-term tenant in place.

Where is this office building located?

The property is located at 111 Industrial Way Fallon, NV.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Tenant in place: State of Nevada, Department of Health and Human Services; 5‑Year Lease in Place; Current Monthly Rent: $8618.37