865-871 Deming Way

865-871 Deming Way, Sparks, NV 89431

— Under Contract —

Offering Price $4,810,000

Total Square Footage ± 23,845 SF

Price Per Square Foot $202 PSF

CAP Rate 6.51%

Property Information

LOGIC Commercial Real Estate is pleased to present 865-871 Deming Way, a net-leased industrial opportunity located in the central Sparks Industrial Submarket. This ± 23,845 SF two-tenant building was constructed in 1978 with exterior and interior renovations completed in 2022. The building sits on a ± 1.11 AC parcel with a shared parking agreement between three additional surrounding buildings. The property has frontage along Deming Way between the E. Glendale Ave. and Kleppe Ln.

The northern Nevada industrial market features ± 123MM square feet of industrial space and has seen an overall decrease in vacancy of over 3% in the past 12 months. The Sparks Industrial Submarket benefits from easy access into south Reno and central Sparks via the Southeast connector, access to I-80 via McCarran Blvd., and access into downtown Reno via E. Glendale Ave.

Contact

Brokerage

Ian Cochran, CCIM

Partner
Reno
License B.145434.LLC
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O 775.433.1102
C 775.225.0826
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Brokerage

Greg Ruzzine, CCIM

Partner
Reno
License BS.145435
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O 775.433.1103
C 775.450.5779
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Brokerage

Grace Keating

Associate
Reno
License S.198962
O 775.433.1111
C 775.870.7806
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