1760 Browning Way, Elko, NV 89801

8,000 SF | 100% Leased | Office Building | Elko, NV 89801 | $3,428,571 ($429/SF) | 7% Cap Rate

Date Added:
September 16, 2024
Days on Market:
17 days

Asking Price $3,428,571

Property Type
Office
Square Feet
8,000 SF
Price / Square Foot
$429

Listing Contacts

Brian Brockman
Brian Brockman
  • Property Info

Property Overview

Broker of Record
Brian Brockman
License No. B1002481.CORP (NV)
(866) 889-0550
Bang Realty - Nevada, Inc.
2300 West Sahara Ave,
STE 800, Las Vegas, NV 891029101

Property Details

Year Built/Renovated
2010/2017
Stories
1
Property Subtype
Medical

Highlights

  • Dental Office Sale Leaseback – Medical office investments are some of the safest and most sought after investments
  • 15 Year Absolute NNN Investment – This investment is a completely hands-off, 15 year sale leaseback with zero tax, maintenance
  • Inflationary Hedge -The lease features 2.5% annual rent increases, providing investors with growing cash flow and a hedge against inflation.
  • Ideal 1031 Exchange Property – With zero landlord responsibilities, corporate & personal guaranty, and 15 years of lease term
  • Recent Renovations – In 2017, the property underwent a comprehensive interior renovation tailored to meet the specific needs of its occupants
  • Multi Specialty Practice – Elko Specialty Dental Care provides Orthodontics, Pediatric Dentistry, and Oral Surgery.

FAQ

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