Industrial Property for Sale in Sparks, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Sparks, NV 89431

Description

LEASE INCENTIVE for 5 year lease 1st year at $0.25/SF, 2nd year $0.375/SF with 4% annual bumps year 3-5 + 64/2000 Sprinklers + 24’ Clear Height + 40’ x 40’ Columns + 1,500 Amps, 480V, 3 Phase + 74 Trailer Parking Spaces + Yard Possible + Fully Fenced Property with Guard Shack + Roof – 2019 Durolast Single Ply 50 mil. w/ rigid foam and plywood deck Section 5 - 261,992 SF +BTS Office + 32 - 9’X10’ Dock Doors + 1 - 14’X16’ Drive-In Door Section 6 - 374,400 SF + 28 - 8’X7’6” Dock Doors + 1 - 14’X16’ Drive-In Door

Market Context

This industrial in Sparks, NV is listed for sale. It has been on the market for 148 days. Compare it against other industrial listings for sale in Sparks, NV — <a href="/search/sale/industrial/nevada/sparks">view the full market</a>.

As of Q4 2019, the Reno industrial market showed rents up 11.4% year over year. Source: Consensus Q4 2019 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Unified Estimate

Very Low Confidence

$9.22/SF – $12.47/SF

Mid: $10.84/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tulsa (similarity: 100%) with 4 comparable listings.

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