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2456 Mountain City Hwy

2,180 SF Retail Building Elko, NV 89801 $4,452,170 CAD ($2,042 CAD/SF) 5.75% Cap Rate

Investment Highlights

  • Situated along a prominent commercial corridor.
  • High visibility and high traffic counts with direct frontage along Idaho St.
  • Strong surrounding tenants including McDonald’s, Starbucks, and Pizza Hut.

Executive Summary

Drive-Thru Restaurant Building with strong credit franchisee with 37 years experience. GBK Foods, LLC owns 4 Wendy’s locations. Wendy’s is the third largest hamburger fast-food chain in the United States.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,180 SF
Building Class
B
Year Built
2020
Price
$4,452,170 CAD
Price Per SF
$2,042 CAD
Cap Rate
5.75%
NOI
$256,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.43 AC
Zoning
C - Commercial
Parking
9 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
111 ft on Nevada 225

Amenities

  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Wendy's
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Wendy's Accommodation and Food Services 99,999 SF - Lorem Ipsum -

Nearby Major Retailers

Starbucks
Smith's
Dotty's
Raley's
Nevada State Bank
Teriyaki Madness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-660-140
Land Assessment
$52,640 CAD
Improvements Assessment
$436,167 CAD
Total Assessment
$488,807 CAD
  • Listing ID: 31591506

  • Date on Market: 2024-04-23

  • Last Updated:

  • Address: 2456 Mountain City Hwy, Elko, NV 89801

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