2500 Prater Way

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2500 Prater Way

Sparks, NV 89431
Asking Price
$3.33M
Cap Rate
6%
Asset Type
Auto Shop Retail
Class
Class B

What's Special

15-Year NNN Sale Leaseback | Adjacent to Busiest Interchange in Northern Nevada | Reno MSA <ul><li>​<strong>15 YEAR ABSOLUTE NNN -</strong> Zero landlord responsibilities with 15 years of income. Passive, mailbox money investment.</li><li>​<strong>CORPORATE LEASE GUARANTEE -</strong> sale leaseback opportunity with high-performing regional auto repair business. Currently 46 locations projecting to 66 by end of 2026.</li><li>​<strong>INCOME TAX FREE STATE -</strong> Nevada’s lack of a state personal income tax continues to attract both businesses and residents, supporting strong popula

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NOI
$80,000
Cap Rate
2.40%
DSCR
0.40
Underwater
Cash-on-Cash
-11.79%
Monthly Payment
$16,499.76
Annual Cash Flow
$-117,997.124

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