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745 Sparks Blvd
Sparks, NV 89434
Asking Price
$2.71M
Cap Rate
5.35%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 5.35% CAP | Reno MSA <ul><li>Drive-Thru and Ample Parking</li><li>100% leased to Panda Express and Starbucks</li><li>172,000+ Residents in a 5-Mile Radius</li><li>Frontage along Sparks Blvd (32,800+ Daily Traffic Counts)</li></ul>
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NOI
$80,000
Cap Rate
2.95%
DSCR
0.50
Underwater
Cash-on-Cash
-9.97%
Monthly Payment
$13,432.339
Annual Cash Flow
$-81,188.064
