145 Esmeralda Dr.

145 Esmeralda Dr., Washoe Valley, NV 89704

— For Sale —

Offering Price $1,850,000

Proforma Cap Rate 7.36%

Total Acreage +/- 2.13 AC

Total Building Square Footage +/- 6,400 SF

Proforma NNN NOI $136,200

Property Information

LOGIC Commercial Real Estate is pleased to present the +/- 6,400 SF value-add, two-building property situated on +/- 2.13 acres of land for sale. This property features prime real estate in the heart of Washoe Valley’s East Lake. The two buildings feature a +/- 2,400 SF office building and a +/- 4,000SF office-warehouse.

Currently, there are two leases in place: one for storage, paying $76,800 NNN annually until April 2025, and another for a Communication Tower, paying $21,000 NNN annually until January 2029. This is a rare opportunity to acquire a mutli-tenant property at below market rents. Buyer has the option to renew existing tenants or re-tenant at market-rents. Current NOI is equal to $97,800. Market NOI is equal to $136,200.



Gabrielle Newman

Senior Associate
License S.194084
O 775.560.2131
C 775.560.2131
More Info