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1st Floor - Unit 3D
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Industrial
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3,106 SF
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$645,000 USD
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Unit Size: 3,106 SF
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Condo Use: Industrial
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Price: $645,000 USD
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Sale Type: Investment
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Price/SF: $207.66 USD
Description
This well-maintained industrial/flex condominium sits 1/3 mi from the Minden-Tahoe Airport in Meridian Business Park. Constructed in 2005, the unit pairs a functional warehouse with an attached, professionally finished office featuring a reception area with direct warehouse access, a private office, and a restroom. The warehouse is built for real work: a generous clear height, a grade-level rollup door with a separate rear man door, and three-phase, 480-volt power that readily supports fabrication, light manufacturing, or equipment-intensive use.
Sale Notes
Currently leased to an in-place tenant, the property delivers immediate, stabilized income at a 5.85% cap rate, an efficient acquisition for an investor seeking hands-off cash flow, or for an owner-user positioned to occupy upon lease expiration. With its concrete tilt-up construction, versatile layout, and sought-after business-park setting, the unit represents a turnkey small industrial suite opportunity in a supply-constrained Minden industrial market.
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