Office Condo Fully Leased with 7.55 Cap Rate--Invest in Real Estate!
Multi Tenant Industrial Condo
• 3,856 sq. ft. 2 story "Concrete Tilt Up" - 
MLS® $515,000
Minden, Douglas County - 7.5% Cap Rate!!! Multi Unit Industrial condo with long term tenants. Ground floor is 2676sf, up is 1229sf. two blocks to Minden-Tahoe Airport. Located in Meridian Business Park this is a concrete titl up building with 5 seperate condo owners. The building is professionally managed and ample reserves are in place for future repairs.
Ground floor unit is used for warehouse and a portion of it has 24" ceiling and a 10X12 roll up receiving door. The upstairs is pure office with shower in restroom and is occupied by the Seller, who is the Broker. Seller will negotiate new lease or vacate.
Property information