Legends Shopping Center
Thriving 3-tenant strip center with Old Navy & Crunch Fitness. Located within Reno's largest power center "Outlets at Legends" which boasts 10.1M visits per year.
Price:
$8,562,000
Cap Rate:
7.50%
NOI:
$642,119
Category:
Strip Center
Location:
Sparks, NV (Reno MSA)
Building Size (SF):
45,068
Lot Size (Acres)
4.10
Built:
2008
Highlight
Old Navy is on a corporate lease, Crunch Fitness has a sizable personal guaranty from its franchisee, and Creative Hot Tub Designs just extended their lease in April 2024.
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