645 sierra rose drive, suites 104, 105a, 105b & 106 …...645 sierra rose drive, suites 104, 105a,...
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645 SIERRA ROSE DRIVE, SUITES 104, 105A, 105B & 106 RENO, NV 89511
QUAIL CORNERS SOUTH MAINTENANCE ASSOCIATION
THE RIBEIRO COMPANIES HAVE SPECIALIZED IN COMMERCIAL PROPERTIES FOR OVER 50 YEARS.
EXCLUSIVELY LISTED SALE OPPORTUNITY
EDWARD G. YUILL B.0018931.LLC
│ │CALL US TODAY AT
775.825.7979
This information has been secured from sources we believe to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of the
information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2014 The Ribeiro Companies
www.ribeirocorp.com
OFFICE HOURS: Monday-Friday
8:00 AM—5:00 PM
6490 S. McCarran Blvd., Bldg. E
Reno, NV 89509
www.r ib e i ro c or p .c o m
PROFESSIONAL OFFICE SPACE FOR SALE
OWNER/OCCUPANT OR SELLER LEASE BACK OPTION
SALE PRICE: $1,600,000.00
Design/Development: Johnny A. Ribeiro
Project Mgt./Brokerage: Edward G. Yuill
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THE RIBEIRO COMPANIES HAVE SPECIALIZED IN COMMERCIAL PROPERTIES FOR OVER 50 YEARS.
EXCLUSIVELY LISTED SALE OPPORTUNITY
EDWARD G. YUILL B.0018931.LLC
│ │CALL US TODAY AT
775.825.7979
This information has been secured from sources we believe to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of the
information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2014 The Ribeiro Companies
www.ribeirocorp.com
OFFICE HOURS: Monday-Friday
8:00 AM—5:00 PM
6490 S. McCarran Blvd., Bldg. E
Reno, NV 89509
www.r ib e i ro c or p .c o m
PROPERTY INFORMATION
645 SIERRA ROSE DRIVE, SUITES 104, 105A, 105B, 106 ● RENO, NV 89511
Design/Development: Johnny A. Ribeiro
Project Mgt./Brokerage: Edward G. Yuill
Asking Price: $1,600,000.00 ($196.54 p.s.f.)
CAP Rate: 6.34%
Property Type: ALL—PLANNED UNIT DEVELOPMENT (PUD)
Class: B Garden Style
Lease Type: Modified Gross
Tenancy: Multi
Square Footage: 8,141 sq. ft.
Year Built: 2005
Broker 2%
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THE RIBEIRO COMPANIES HAVE SPECIALIZED IN COMMERCIAL PROPERTIES FOR OVER 50 YEARS.
EXCLUSIVELY LISTED SALE OPPORTUNITY
EDWARD G. YUILL B.0018931.LLC
│ │CALL US TODAY AT
775.825.7979
This information has been secured from sources we believe to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of the
information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2014 The Ribeiro Companies
www.ribeirocorp.com
OFFICE HOURS: Monday-Friday
8:00 AM—5:00 PM
6490 S. McCarran Blvd., Bldg. E
Reno, NV 89509
www.r ib e i ro c or p .c o m
PROPERTY INFORMATION
645 SIERRA ROSE DRIVE, SUITES 104, 105A, 105B, 106 ● RENO, NV 89511
Design/Development: Johnny A. Ribeiro
Project Mgt./Brokerage: Edward G. Yuill
2019 Expenses
Management Fee: $6,099.27
Gas: $251.75
Electric: $480.26
Water: $219.84
Sewer: $375.33
Repairs/Maintenance: $360.69
Lock & Key: $54.25
Association Dues: $26,269.48
Property Tax: $8,743.20
Taxes/License: $350.00
Total: $49,303.28
Year to Date Expenses — 8-31-20
Management Fee: $3,661.48
Gas: $215.52
Electric: $458.26
Water: $149.88
Sewer: $197.70
Repairs/Maintenance: $89.85
Lock & Key: $366.98
Unit Clean: $2,044.00
Flooring: $3,009.20
Association Dues: $20,412.05
Property Tax: $4,538.79
Taxes/License: $350.00
Total: $34,493.21
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Tenant sq. ft. Annual Base
Increase Option Expiration State Date
GLA
Kenyon & Associates 3,311 $57,612 No No 11-30-2022 10-1-2015 40.7
Seller Lease Back #105A 2,545 $42,756 No No TBD TBD 31.3
Behavioral Health Solutions 890 $18,696 No Yes 10-31-2022 11-1-2020 10.9
Conigilo & Ideker 1,395 17.1 9-1-2020 8-31-2023 No $25,308 Yes
Tenant % of NOI Expiration Lease Signature Original Term
Kenyon & Associates 40% 11-30-2022 Personal 84 months
Seller Lease Back #105A 30% TBD - 24 month
Behavioral Health Solutions 13% 10-31-2022 Corporate 24 months
Conigilo & Ideker 17% 36 months 8-31-2023 Personal
2021 Projections
Projected Income $146,484.00
Projected Expense $45,000.00
Projected NOI $101,484.00
THE RIBEIRO COMPANIES HAVE SPECIALIZED IN COMMERCIAL PROPERTIES FOR OVER 50 YEARS.
EXCLUSIVELY LISTED SALE OPPORTUNITY
EDWARD G. YUILL B.0018931.LLC
│ │CALL US TODAY AT
775.825.7979
This information has been secured from sources we believe to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of the
information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2014 The Ribeiro Companies
www.ribeirocorp.com
OFFICE HOURS: Monday-Friday
8:00 AM—5:00 PM
6490 S. McCarran Blvd., Bldg. E
Reno, NV 89509
www.r ib e i ro c or p .c o m
PROPERTY INFORMATION
645 SIERRA ROSE DRIVE, SUITES 104, 105A, 105B, 106 ● RENO, NV 89511
Design/Development: Johnny A. Ribeiro
Project Mgt./Brokerage: Edward G. Yuill
-
THE RIBEIRO COMPANIES HAVE SPECIALIZED IN COMMERCIAL PROPERTIES FOR OVER 50 YEARS.
EXCLUSIVELY LISTED SALE OPPORTUNITY
EDWARD G. YUILL B.0018931.LLC
│ │CALL US TODAY AT
775.825.7979
This information has been secured from sources we believe to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of the
information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2014 The Ribeiro Companies
www.ribeirocorp.com
OFFICE HOURS: Monday-Friday
8:00 AM—5:00 PM
6490 S. McCarran Blvd., Bldg. E
Reno, NV 89509
www.r ib e i ro c or p .c o m
PROPERTY INFORMATION
645 SIERRA ROSE DRIVE, SUITES 104, 105A, 105B, 106 ● RENO, NV 89511
Design/Development: Johnny A. Ribeiro
Project Mgt./Brokerage: Edward G. Yuill
VACANT SUITE