Advertise
    Sparks, NV
    NNN

    Sparks, NV NNN Properties for Sale

    Notify Me
    List
    Map
    Reno, NV Sun Valley, NV Spanish Springs, NV Virginia City, NV Verdi, NV Chilcoot, CA Washoe Valley, NV Dayton, NV
    Walgreens NNN Leased Investment
    Updated: Mar 13
    Walgreens NNN Leased Investment

    2299 Oddie Blvd, Sparks, NV 89431

    $5,193,000
    14,550 sqft
    NNN leased Walgreens property boasting a 7.22% cap rate and $375,000 NOI.
    Over 8 years remaining on the initial 25‑year lease term, with ten five‑year extension options.
    High‑visibility location at the intersection of Oddie Boulevard and El Rancho Drive with approximately 39,000 vehicles passing daily.
    Located in a growing area with the $52 million Oddie/Wells Improvement Project bringing 1,500 new residential units.
    Surrounded by a mix of residential and commercial developments, including the Parq Crossing and a forthcoming multi‑family project.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2299 Oddie Blvd, Sparks, NV 89431

    View Property Analytics

    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $361K
      Annual

    • Mortgage

      $3.4M
      Aug 2017

    • Last Sold

      Aug 2017
      $6.8M

    • Property Type

      Wholesale Outlet, Discount Store (Franchise)
      Built 2009
    View Property Analytics
    Freestanding Grocery-Anchor Retail Building
    Updated: Jun 2
    Freestanding Grocery-Anchor Retail Building

    2020 Oddie Boulevard, Sparks, NV 89431

    $2,585,000
    19,937 sqft
    Free‑standing retail building leased to Grocery Outlet under a 10‑year lease
    Lease includes (2) 5‑year options
    NNN lease structure
    Rent is slightly below market rent
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Sparks, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Condo For Sale
    Medical Office Condo For Sale

    280 SIERRA COLLEGE DR, Grass Valley, CA 95945

    $2,260,000
    5,665 sqft

    NNN-leased medical office condo occupied by Dignity Health.

    View details
    Sherwin-Williams NNN Lease Investment
    Sherwin-Williams NNN Lease Investment

    2085 Nevada City Hwy, Grass Valley, CA 95945

    $3,313,200
    4,603 sqft 1.50 AC lot

    New construction retail property with long-term NNN lease.

    View details
    Urban Corridor Net-Lease Opportunity
    Urban Corridor Net-Lease Opportunity

    750 N Virginia St, Reno, NV 89501

    Contact for pricing
    14,904 sqft

    High-yield corporate net-lease opportunity in a supply-constrained urban corridor.

    View details
    Reno Cold-Storage NNN Property
    Reno Cold-Storage NNN Property

    1330 Capital Blvd, Reno, NV 89502

    Contact for pricing
    46,254 sqft

    Cold-storage asset with NNN lease in Reno, Nevada.

    View details

    Sparks, NV Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Sparks, NV on our real estate platform. These investment opportunities span a total of 34,487 square feet of properties for sale, with an estimated market value of $7,778,000.

    Sale prices for triple net lease properties in Sparks, NV start at $2,585,000, averaging $3,889,000, and reaching up to $5,193,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 131K
    Population Growth (5Y) +9.0%
    Median Household Income $93,001
    College Educated 21.4%

    High-Yield Neighborhoods for Investment

    Identify Sparks submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    89431 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.04%
    Property Tax per SF $41.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washoe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washoe County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Sparks fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse NNN properties for Sale Near Sparks, NV

    Popular Searches in Sparks, NV

    Popular Categories

    Most Searched ZIP Codes in Sparks, NV

    • 89431

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!