FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer...

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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 775.470.8888 [email protected] LIC N° 0044236 MIKE NEVIS, SIOR, CCIM 775.470.8855 [email protected] LIC N° S.0061759 STEVE KUCERA, SIOR, CCIM 775.470.8866 [email protected] LIC N° S.0172550 Lear 390 Industrial Center 6650 ECHO AVE, SUITE A, RENO, NV 89506 FOR LEASE BULK WAREHOUSE TOTAL AVAIL. SF (DIVISIBLE) ±292.5K

Transcript of FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer...

Page 1: FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer Storage: Available within the Project: STEAD: STEAD AIRPORT: D D D R E D R O C R

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

Page 2: FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer Storage: Available within the Project: STEAD: STEAD AIRPORT: D D D R E D R O C R

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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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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Page 3: FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer Storage: Available within the Project: STEAD: STEAD AIRPORT: D D D R E D R O C R

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

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57’-9”

21 ±4,144 SF MAIN OFFICE±1,189 SF SHIPPING OFFICE

Page 4: FOR LEASE - LoopNet...$0.07/SF per month Parking: 169 auto parking spaces Year Built: 2008 Trailer Storage: Available within the Project: STEAD: STEAD AIRPORT: D D D R E D R O C R

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

(1 DA

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Source: https://www.nvenergy.com/about-nvenergy/economic-development/taxes-incentives Last updated: 01/2019