1340 S Curry Street
$6,182,400
1340 S Curry Street Carson City, NV 89703
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About this listing
DESCRIPTION
44,800 SF single-story office building in downtown Carson City, Nevada.Occupied by the State of Nevada and other professional tenants. Offering a 6.5 CAP rate based on actual income and expenses with current occupancy of approximately 33,100 SF. Three common-area restroom clusters and full-service gross leases with load factors in place. Approximately 11,700 SF is vacant for owner/user occupancy or lease-up. Zoned Retail Commercial and master planned for Downtown Mixed Use. Situated on 3.15 acres with 2.5 parking spaces per 1,000 SF and potential for expansion. Nevada's Great Tax benefits: No personal or corporate income tax. No franchise or inventory tax. No tax on corporate shares, No requirements for shareholders or directors. No tax on sales or transfers of shares. No succession on Inheritance shares with IRS. Simple annual returns. No initial or minimum capital gains requirements. 365-Year limit Dynasty Trust Law.Minutes to Hwy 50, Hwy 28, Hwy 395, I-580. RNO & Minden
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Building Size
44,800 sqft
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Lot Area
3.15 acres
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Year Built
1980
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Zoning
General
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MLS ID
1018578
Details
- • Annual Tax: $ 5176664.0
