FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer...
Transcript of FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer...
KIDDER.COM
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
OWNED BY
J. MICHAEL HOECK, SIOR
[email protected] N° 0044236
MIKE NEVIS, SIOR, CCIM
[email protected] N° S.0061759
STEVE KUCERA, SIOR, CCIM
[email protected] N° S.0172550
Lear 390 Industrial Center6650 ECHO AVE, SUITE A, RENO, NV 89506
FOR LEASE
BULK WAREHOUSE
TOTAL AVAIL. SF (DIVISIBLE)±292.5K
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
OWNED BY
6650 ECHO AVE, SUITE A, RENO, NV 89506
FOR LEASE
Lear 390 Industrial Center
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Reno-TahoeInternational Airport
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SPANISH SPRINGS
WATER - MAPSPROPERTY FEATURES
Lease Rate negotiable
Space Available 292,500 SF divisible to 97,500 & 195,000 SF
Office Size 5,333 total SF
Estimated OPEX $0.07/SF per month
Parking 169 auto parking spaces
Year Built 2008
Trailer Storage Available within the Project
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SUBJECT PROPERTY
18 MINSReno
SUBJECT PROPERTY
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
OWNED BY
6650 ECHO AVE, SUITE A, RENO, NV 89506
FOR LEASE
Lear 390 Industrial Center
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(14) Docks with Levelers
(14) Docks with Levelers(7) Docks(7) Docks
(7) Docks (7) Docks
Potential Office
Potential Office
12x14Door
12x14Door
12x14Door
12x14Door
SPACE HIGHLIGHTS
4,144 SF main office with 1,189 SF shipping office
36 insulated vertical lift cross dock- high loading doors (9’ x 10’) equipped with in-pit levelers
6 knock-out panels for future dock doors
6 grade-level doors (12’ x 14”)
30’ clear height
1,200 amps, 277/480 volts, 3-phase power, ability toincrease to 2,800 amps at anadditional cost
ESFR sprinkler rating
COLUMNS 50’ x 50’ typical
T-5 high bay lighting withoccupancy sensors
CAMBRIDGE DIRECT fired warehouse heating units
AREA OVERVIEW
SITUATED WITHIN the 1.4M SF Lear Industrial Center in close proximity to US-395 & ±11 mi from I-80
AVAILABLE97,500 SF
AVAILABLE195,000 SF
1
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29’-0”
71
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57’-9”
21 ±4,144 SF MAIN OFFICE±1,189 SF SHIPPING OFFICE
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
OWNED BY
6650 ECHO AVE, SUITE A, RENO, NV 89506
FOR LEASE
Lear 390 Industrial Center
DEMOGRAPHICS
2019 3 mi 5 mi 7 mi
Population 24,510 43,239 54,378
Households 8,056 14,648 18,237
Avg HH Income $82,423 $84,851 $87,221
Total Employees 4,057 5,819 7,117
BUSINESS COST COMPARISONS
NV CA AZ UT ID OR WA
TAX COMPARISONS
State Corporate Income Tax No 8.84% 4.9% 5% 7.4% 6.6%-7.6% No
Personal Income Tax No 1%-13.3% 2.59%-4.54% 5% 1.6%-7.4% 5%-9.9% No
Payroll Tax 1.475% 0.711% (2018) No No No 0.09% No
Monthly Property Tax (based on $25M market value) $22,969 $20,833 $68,096 $29,687 $34,792 $36,778 $21,122
Unemployment Tax 0.3%-5.4% 1.5%-6.2% 0.04%-10.59% 0.2%-7.2% 0.4%-5.4% 1.2%-5.4% 0.1%-5.7%
Capital Gains Tax No Up to 13.3% Up to 4.54% 5% Up to 7.4% Up to 9.9% No
WORKERS’ COMP RATES
Class 2915 - Veneer Products Mfg $2.70 $10.63 $2.44 $1.39 $3.21 $2.52 $7.83
Class 3632 - Machine Shop NOC $2.69 $5.98 $1.93 $1.43 $4.14 $1.68 $4.68
Class 8810 - Clerical Office Employees NOC $0.20 $0.63 $0.16 $0.09 $0.27 $0.08 $0.16
TRANSPORTATION
Ground Miles
Reno-Tahoe Int’l Airport 13.8
Reno-Stead FBO 3.8
UPS Regional 16.5
FedEx Express 13.2
FedEx Ground 14.9
FedEx LTL 12.7
NEVADA STATE INCENTIVES
No state, corporate or personal income tax
No estate tax, no inventory tax, no unitary tax, no franchise tax
Right-to-work state
Moderate real estate costs
Low workers’ compensation rates
State-qualified employee hiring incentive
HELPFUL LINKS
Business Costs: http://www.diversifynevada.com/selecting-nevada/nevada-advantage/cost-of-doing-business
Business Incentives: http://edawn.org/why-nevada/business-advantage/
Cost of Living: http://opportunitynevada.files.wordpress.com/2017/11/costofliving.pdf
Quality of Life: http://edawn.org/live-play/
OR
WA
CA
NV UT
WY
MT
CO
NMAZ
ID
HELENA890 miles
SEATTLE751 miles
PORTLAND579 miles
SACRAMENTO129 miles
LAS VEGAS446 miles
LOS ANGELES518 miles
PHOENIX769 miles
SANTA FE1,081 miles
DENVER1,046 miles
CHEYENE949 miles
RENO
SALT LAKE CITY514 miles
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Source: https://www.nvenergy.com/about-nvenergy/economic-development/taxes-incentives Last updated: 01/2019