Jacksons Sparks

1365 Baring Blvd., Sparks, NV 89434

— Recently Sold • Represented Seller —

Offering Price $2,600,000

Building Size +/- 2,560 SF

NOI $180,000

Cap Rate 6.92%

Property Information

LOGIC Commercial Real Estate is pleased to present the sale of this single-tenant-net-leased Jacksons Convenience Store and Gas Station in Sparks, NV. Jacksons has been a tenant at this property for over 17 years with five (5) years remaining on their current lease term and three (3) five-year options to renew. Jacksons has contracted with Chevron to provide eight (8) gas pumps at this location. The property consists of a +/- 2,560 SF building on +/- 0.64 AC of land.

This property is located along Baring Blvd. at Sorensen Way at the northeast corner of the Baring Village Shopping Center and directly across from Reed High School. The property is anchored by Smith’s Food and Drug ranked in the top 5 Smith’s locations across Nevada. This area sees heavy foot traffic due to the proximity to the school and shopping center along with high traffic counts along Baring Blvd. over 7,500 CPD and over 23,000 CPD along SParks Blvd. Access to I-80 is two miles south of the property via Sparks Blvd.

Contact

Ian Cochran Logic Commercial Real Estate
Brokerage

Ian Cochran, CCIM

Partner
Reno
License B.145434.LLC
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O 775.433.1102
C 775.225.0826
More Info
Greg Ruzzine Logic Commercial Real Estate
Brokerage

Greg Ruzzine, CCIM

Partner
Reno
License BS.145435
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O 775.433.1103
C 775.450.5779
More Info