Property Listings: Investment

$4,995,000.00 ($41.16 PSF)

121,348 SF Single Building Industrial Warehouse Investment

305 East Glendale Ave, 840-890 Bergin Way, Sparks, NV 121,348 SF Single Building Industrial Warehouse Investment

Built in 1970, county records indicate a footprint of 121,348 square feet.  The facility has two current tenants, both on month to month leases.  One long term tenant occupies 15,200 square feet and the other tenant occupies a 20,000 square foot portion.  This property represents a rare single building investment opportunity in the large portfolio dominated Reno-Sparks, Nevada industrial real estate market. The month to month status of both tenants allow for complete flexibility to renegotiate with those parties, remove or relocate them as needed.

  • Unparalled locational advantage
  • High visibility to prime intersection
  • In established, stabilized market
  • Close to all logistical support services
  • Possible repositioning value-added opportunity, now or in the future
  • Offered at a fraction of replacement costs
  • Reno-Sparks, Nevada is a highly desirable logistical location
  • Sparks industrial real estate market is highly active with stabilized rents

Specifications
  • +121,348 square feet
  • Clear Height: 24'
  • Sewer/Water: 3 locations
  • 2 Concrete Shear Walls
  • Sprinklers: Scheduled system, ESFR upgrade possible
  • APN: 034-257-13
  • Docks: 24
  • Drive-In Doors: 1
  • Warehouse Heat: Gas Fired Reznor
  • Built in 1970
  • 40x40' Column Spacing
  • 3,150 square feet office

Office Plan

Description of Area & Map
This property is located in the epicenter of the Sparks, Nevada business market, close to Interstate 80 freeway and adjacent to one of the most highly traveled intersections in Reno-Sparks (41,600 cars per day).  This property could not be in a more advantageous location. 
Tom Miller, CCIM
(775) 828-4665- Phone
(775) 742-9891- Cell
tom@mipnv.com

Excellence in Industrial Real Estate

All information herein has been obtained from sources deemed reliable and is submitted subject to errors, ommissions and changes. Miller Industrial Properties has no reason to doubt its accuracy, however we do not guarantee it.
All information should be independently verified by the recipient.
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