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1665 Old Hot Springs Rd 21,442 SF 52% Leased Office Building Carson City, NV 89706 $3,500,000 ($163.23/SF)
EXECUTIVE SUMMARY
This 21,442 SF garden office is currently 52% occupied by the NV Division of Public & Behavioral Health with 2-yrs left on their lease term. The remaining 10,302 SF of the property is vacant (previous occupied by the state of nv public works division). Great opportunity for an owner-user with additional income or an investment.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$2,830,340
|
$132.00
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $2,830,340 |
| Annual Per SF | $132.00 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
21,442 SF
Building Class
C
Year Built
1990
Price
$3,500,000
Price Per SF
$163.23
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,442 SF
Building FAR
0.25
Lot Size
1.97 AC
Zoning
LI
Parking
107 Spaces (4.99 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Public Administration
- -
- $15.12
- Full Service
- Oct 2027
It is the mission of the U.S. Department of Health & Human Services (HHS) to enhance and protect the health and well-being of all Americans. They fulfill that mission by providing for effective health and human services and fostering advances in medicine, public health, and social services.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Public Administration | - | $15.12 | Full Service | Oct 2027 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 162
- 10,302 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 162 | 10,302 SF | Office | - | Now |
1st Fl-Ste 162
| Size |
| 10,302 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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PROPERTY TAXES
| Parcel Number | 008-124-08 | Improvements Assessment | $558,752 (2024) |
| Land Assessment | $180,208 (2024) | Total Assessment | $738,960 (2024) |
PROPERTY TAXES
Parcel Number
008-124-08
Land Assessment
$180,208 (2024)
Improvements Assessment
$558,752 (2024)
Total Assessment
$738,960 (2024)
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1665 Old Hot Springs Rd
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