DCG is pleased to present 9550 Gateway Dr for sale. The industrial building features 43,800 square feet, 4,000 of which are newly renovated office space. Cap rate is 5.5 with an NOI of $633,348.
Rare, single-tenant NNN leased industrial asset in Reno
Central location proximate to Reno’s population centers – 6.3 miles from Reno-Tahoe International Airport (RNO)
Profitable tenant with over 10 years remaining on lease
Mission critical location and facility
Easy access to multiple freeways
3% annual rent bumps, resulting in a 6.4% average cap rate over the term