Investment Overview

Marcus & Millichap is pleased to exclusively present for sale 1 Highway 95A in Yerington, Nevada. The subject property consists of two warehouse buildings totaling 14,850 square feet, and an additional 1,736 square foot shop, situated on a 1.78 acre lot in Yerington, Nevada. The property is located along Highway 95 immediately adjacent to the Yerington Municipal airport and a number of other major retailers and county buildings. All three of the buildings located on the subject property are low maintenance metal construction. All of the buildings enjoy two large roll up doors, and one building has a combination of office and warehouse area. The large 1.78 acre lot has convenient access from Highway 95A, and provides ample room for vehicle and equipment storage. Two of the three buildings are currently occupied by two separate tenants, Mason Resources and JC Books. These tenant have leases with initial terms that expire in November 2023, and July of 2024, respectively. This staggered lease structure offers a purchaser a number of options. They could seek to extend the leases with the current tenants, or occupy a portion of the building(s) for their own purposes. Yerington, Nevada is centrally located in Lyon County, and is the county seat. Located at the intersection of US 95A and Nevada State Route 208, Yerington is roughly 70 miles southeast of Reno. The fourth largest known copper deposit in North America sits just outside of Yerington, and companies such as "Nevada Copper" are ramping up production to access this resource. Agriculture also fuels the local economy, with many other ancillary businesses supporting the residents. The subject property is centrally located in the area’s primary retail corridor along the busiest section of road in Yerington. Raley’s, McDonalds, Round Table Pizza, H&R Block, Maverik, O’Reilly Auto Parts, and other national retailers can all be found within one a mile of the subject property. Priced at $800,000 and $53.87 per square foot (not including the 1,736 SF shop), this property offers a purchaser an excellent investment or owner / user property priced far below replacement cost. In addition, current ownership is willing to extend seller financing to a qualified buyer. Please contact agent for details.