9550 Gateway Dr
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9550 Gateway Dr
43,800 SF Industrial Building Reno, NV 89521 $16,664,941 CAD ($380 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare, single-tenant NNN leased industrial asset in Reno
- Profitable tenant with over 10 years remaining on lease
- Easy access to multiple freeways
- Central location proximate to Reno’s population centers – 6.3 miles from Reno-Tahoe International Airport (RNO)
- Mission critical location and facility
- 3% annual rent bumps, resulting in a 6.4% average cap rate over the term
EXECUTIVE SUMMARY
DCG is pleased to present 9550 Gateway Dr for sale. The industrial building features 43,800 square feet, 4,000 of which are newly renovated office space. Cap rate is 5.5% with an NOI of $633,348.
PROPERTY FACTS
| Price | $16,664,941 CAD | Rentable Building Area | 43,800 SF |
| Price Per SF | $380 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1995 |
| Cap Rate | 5.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 2 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.00 AC |
| Price | $16,664,941 CAD |
| Price Per SF | $380 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 2.00 AC |
| Rentable Building Area | 43,800 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Tenancy | Single |
| Parking Ratio | 1.83/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
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PROPERTY TAXES
| Parcel Number | 163-073-01 | Improvements Assessment | $1,223,141 CAD |
| Land Assessment | $527,414 CAD | Total Assessment | $1,750,555 CAD |
PROPERTY TAXES
Parcel Number
163-073-01
Land Assessment
$527,414 CAD
Improvements Assessment
$1,223,141 CAD
Total Assessment
$1,750,555 CAD
ZONING
| Zoning Code | PUD |
| PUD |
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9550 Gateway Dr
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