Investment Overview

The Subject Property, 17 Cowee Drive, is a 6,000 square-foot industrial building on 0.90 acre(s) of land located in Mound House, Nevada. The building is well located just east of Carson City, is only 0.3 miles from Highway 50, and has favorable industrial zoning that allows for a wide range of uses. The Property will be offered vacant, subject to a 6-month leaseback by the Seller. It is a versatile metal building constructed in 1993, and has a large 0.90 acre lot that provides a secure fenced yard for exterior storage. It is comprised of a favorable mix of 1,000 square feet of office, and 5,000 square-feet of warehouse area. There are four grade-level roll up doors, which could accommodate driving through the building. In addition, there is an existing vehicle lift and an overhead 5-ton crane that can be included at list price. Mound House has increasingly become one of the more desirable industrial submarkets in Northern Nevada due to it’s lenient Industrial Zoning. The municipality is much more inviting to heavy industrial uses when compared to the surrounding markets. Some of the nearby uses include outdoor storage, manufacturing and machine shops, automotive, and many more. Mound House is just 5 miles outside of Carson City (the state capital), and 7 miles from Highway 395. It is conveniently located 38 miles southeast of Downtown Reno, and just 25 miles east of Lake Tahoe. The entire Northern Nevada Region, including Mound House, has seen tremendous growth in recent years due to an influx of companies seeking the business-friendly tax climate and laws. The addition of companies with an international presence in Technology, Manufacturing, Distribution, Medical, and more has given Northern Nevada a robust, diversified economy. Priced at $975,000, or $162.50 per square-foot, this property offers a purchaser the opportunity to acquire a versatile asset in one of the fastest growing corridors of Northern Nevada.