625 Spice Islands

625 Spice Islands Drive, Sparks, NV 89431

— For Sale —

Offering Price $12MM

Total Square Footage ± 40,800 SF

CAP Rate 6%

Property Information

625 Spice Islands Drive is a ±40,800 SF multi-tenant industrial/flex investment property located in Sparks, NV. The property is currently leased to a diverse roster of 14 tenants spanning automotive, diesel and truck repair, fire protection, roofing, and industrial service uses, with suites ranging from ±2,000 SF to ±10,000 SF (including two outdoor yard spaces). The building is 83% occupied (34,000 SF), with 6,800 SF currently vacant across three suites and two yard spaces. Several leases carry near-term rollover, including three tenancies expiring or holding over through August 2026, which presents lease-up and mark-to-market upside for a new owner.

Contact

Brokerage

Mike Keating, SIOR

Partner
Reno
License S.174942
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O 775.433.1104
C 775.386.9727
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Brokerage

Michael Dorn

Vice President
Reno
License S.189635
O 775.433.1109
C 775.453.4436
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Brokerage

Michael Keating Jr.

Associate
Reno
License S.0200781
C 775.843.0125
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