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880 Ryland St
Reno, NV 89502

Office Property For Sale

Medical Offices Nevada Reno 880 Ryland St, Reno, NV 89502

Investment Highlights

  • Close proximity to Reno Medical Hub
  • Ample Parking
  • Single medical tenant

Executive Summary

LOGIC Commercial Real Estate is pleased to present for sale 880 Ryland St, located in central Reno directly adjacent to the Renown Medical campus, 880 Ryland consists of +/- 15,285 SF of medical space which is currently leased by Gastroenterology Consultants. The asset is situated on a +/- 1.36 AC parcel with ample parking and convenient access into the Reno Downtown corridor. 880 Ryland St is in close proximity to Downtown, Midtown, as well as the Saint Mary's Medical Venter. Within a 5-mil radius, this asset services a population of +/- 254,817 people with an annual average household income of +/- $95,501.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
15,285 SF
Building Class
B
Year Built
2000
Price
$14,934,405 CAD
Price Per SF
$977 CAD
Cap Rate
5.50%
NOI
$821,392 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,285 SF
Building FAR
0.26
Lot Size
1.36 AC
Zoning
MUWM
Parking
69 Spaces (5.15 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Kitchen
  • Central Heating
  • Fully Carpeted
  • High Ceilings
  • Natural Light
  • Reception
  • Drop Ceiling
  • Hardwood Floors
  • Air Conditioning

PROPERTY TAXES

Parcel Number 013-021-44 Improvements Assessment $1,586,308 CAD
Land Assessment $560,559 CAD Total Assessment $2,146,867 CAD

PROPERTY TAXES

Parcel Number
013-021-44
Land Assessment
$560,559 CAD
Improvements Assessment
$1,586,308 CAD
Total Assessment
$2,146,867 CAD
 

  • Listing ID: 27687960

  • Date on Market: 2023-02-06

  • Last Updated:

  • Address: 880 Ryland St, Reno, NV 89502

The Office Property at 880 Ryland St, Reno, NV 89502 is currently available for sale. Contact Logic Commercial Real Estate for more information.

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