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NEC USA Parkway and Denmark Drive - 5-Acre Lot

5 Acres of Commercial Land Offered at $6,320,990 CAD in Sparks, NV 89434

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Investment Highlights

NEC USA Parkway and Denmark Drive is a 5-acre site with 1 acre under construction for a Conoco gas station / c-store with a 20-year NNN lease.
Located in the Tahoe Reno Industrial Center, the world's largest business park, providing a built-in consumer pool of over 18,000 employees.
Conoco, originally founded in 1875, merged with Phillips Petroleum in 2002 to form ConocoPhillips. Since 2012, Conoco has been a brand under the Phill

Construction underway with a 20 year NNN Conoco. The remaining 4 acres are zoned for fast-food, retail, industrial, and more commercial uses.
Situated at a hard corner on the main thoroughfare of the prestigious industrial park and easily accessible 3 miles from Interstate 80.

Executive Summary

Take advantage of this valuable opportunity for a commercial retail parcel 20 year NNN lease with multi unit operator for new permitted gas station with leftover acreage for more developments in the world’s largest industrial park.

This 5-acre site has 1 acre 20 year NNN lease to a gas station and convenience store tenant, construction by the land owner. This leaves 4 acres open for development, zoned for retail, fast-food, industrial use, and more. The tract is situated at a prime corner surrounded by some of the Tahoe Reno Industrial Center’s largest tenants. The prime location, combined with the lack of amenities serving the park, makes this an extremely optimistic opportunity to build in one of the primary economic engines in the region.

Tahoe Reno Industrial Center spans over 107,000 acres with manufacturing plants, data centers, distribution hubs, and more. Some of the most high-profile tenants include Tesla Gigafactory 1, Google, PetSmart, Blockchains, and PPG. Retail developments here have the exclusive advantage of being one of the few serving such a vast base of employees, with only a handful of restaurants and service stations in this vastly underserved park. Residential development has also picked up as Tahoe Reno Industrial Center has been built out, adding another segment of consumers to serve. Population growth within a 5-mile radius was nearly flat from 2010 to 2023 but now projections call for a 7.5% increase in households by 2028.

220905-02-US MARKET CONOCO-SIGN PACKAGE (3)

Property Facts

Price	$6,320,990 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Industrial Retail Tienda de conveniencia Fast Food Service Station
No. Lots	1	Total Lot Size	5.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$6,320,990 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Retail Tienda de conveniencia Fast Food Service Station
Total Lot Size	5.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$6,320,990 CAD	Lot Size	5.00 AC
Price Per AC	$1,264,198 CAD

Price	$6,320,990 CAD
Price Per AC	$1,264,198 CAD
Lot Size	5.00 AC

5 level acres. New 20 year NNN Conoco. Great highway sign visibility.Located in Tahoe Reno Industrial Center, world's largest industrial park. High-traffic corner, easy freeway access to Interstate 80, minutes from the Reno/Sparks industrial market.

Description

NEC USA Parkway and Denmark Drive is a 5-acre site with 1 acre under construction New Conoco Gas Station / C-Store with a 20-year NNN lease. Conoco, originally founded in 1875, merged with Phillips Petroleum in 2002 to form ConocoPhillips. Since 2012, Conoco has been a brand under the Phillips 66 Company?. Situated at a hard corner on the main thoroughfare of the prestigious industrial park and easily accessible 3 miles from Interstate 80.

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