111 Industrial Way Fallon, NV 89406
- Office buildings
- 5,700 SF
- 0.52 lot acres
Current Use by Public Records
- Food Stamps / Social Services Organization
- Welfare Department / Social Services Organization
- DWSS Fallon District Office / State Government Office
Property Details for 111 Industrial Way
- Year built
- 1996
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.52 lot acres
- Property size
- 5,700 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 001-251-41
- APU
- 125141
Description
This exceptional 7,000 square foot commercial office building presents a compelling investment opportunity in Fallon, Nevada. Located at 111 Industrial Way, the property sits on a 0.52-acre lot and is currently occupied by the Nevada Department of Health and Human Services, Division of Welfare and Supportive Services under a five-year lease. The tenant's consistent monthly rent of $8,618.37 provides a strong, predictable cash flow. The building's substantial size offers ample space for the current tenant and potential for future expansion or adaptation to other commercial uses. The property's strategic location in Fallon offers easy access to major transportation routes and a growing local economy. This is an ideal investment for those seeking a stable, high-return asset with a long-term tenant in place. The asking price is $1,200,000, representing a significant opportunity for passive income generation and potential appreciation. The property's solid construction and established tenancy make it a low-risk, high-reward investment prospect. Serious inquiries are encouraged to explore this lucrative opportunity further. Detailed financial statements and lease agreements are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fallon
- County
- Churchill
- State
- Nevada
- Longitude
- -118.796
- Latitude
- 39.4738
- CBSA code
- 21980
- CBSA name
- FALLON, NV MICROPOLITAN STATISTICAL AREA
