2456 Mountain City Hwy
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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
- Offering Memorandum
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
PROPERTY TAXES
Parcel Number | 001-660-140 | Improvements Assessment | $436,167 CAD |
Land Assessment | $52,640 CAD | Total Assessment | $488,807 CAD |
PROPERTY TAXES
Parcel Number
001-660-140
Land Assessment
$52,640 CAD
Improvements Assessment
$436,167 CAD
Total Assessment
$488,807 CAD
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2456 Mountain City Hwy
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