Current Use by Public Records
- Commercial real estate
Property Details for 11440 Digital Dr
- Year built
- 2020
- Lot size
- 10.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 725-square-foot commercial unit, located at 11440 Digital Drive Unit B24, Sparks, NV, presents a compelling investment opportunity. Situated on a 10-acre lot, this property is one of the largest in the facility and is currently leased to a new tenant under a 12-month lease commencing December 1, 2024, ensuring immediate cash flow. The property's strong tenant occupancy is further enhanced by the owner's three additional leased units within the same facility, providing a diversified income stream and minimizing vacancy risk. This makes it an ideal vehicle for 1031 exchange investments, offering a hassle-free way to park capital while searching for a replacement property. The property benefits from professional management by Luxelocker, who handle property maintenance for a reasonable fee, eliminating the headaches associated with repairs, such as plumbing issues or interior renovations (carpet and paint). This turnkey investment offers a compelling blend of stable income, low maintenance, and significant potential for long-term appreciation. The asking price is $154,000. This is a rare opportunity to acquire a well-managed, high-yield commercial property in a desirable Sparks, Nevada location.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sparks
- County
- Washoe
- State
- Nevada
- Longitude
- -119.702
- Latitude
- 39.6766
