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Fernley Commerce Center | For Sale

$2,000,000

460 West Main Street, Fernley, NV 89408

Active
Last Updated: 05/11/2026

6.5

Cap Rate

130,652

NOI

Details:
Cap Rate:    6.5%
NOI:    $130,652
Pro Forma Cap Rate :    6.5%
Building Size:    14,812 sqft
Lot Area:    14,636 sqft
Occupancy:    92%
Lease Type:    Modified Gross
Year Built:    2005
Zoning:    C1
Tenancy:    Multiple
Seller Financing:    No
Parking Spots:    119
Roof:    Flat
HVAC:    FA/AC
Floor:    1
Highlights:
  • Annual Average Daily Traffic (Per NDOT) is 11,500
  • 5 established tenants occupying 11 of the 12 units
  • 200+ Amp Service
Description:

Prime Retail Investment in the Heart of Fernley! The Fernley Commerce Center offers a rare opportunity to acquire a well-located retail plaza along high-visibility W. Main Street in Fernley's growing downtown corridor. Built in 2005 and totaling 14,812 sq. ft. across 12 units, this center is home to five established tenants (occupying 11 units) spanning dining, services, and community-oriented uses—creating a stable foundation for long-term occupancy. Positioned on 0.34 acres with 119 shared parking spaces, the property features modern construction, ADA accessibility, central heating and cooling, fire sprinklers, and public utilities. Its strong street presence, easy access, and proximity to surrounding residential neighborhoods make it a consistent draw for both local traffic and destination customers. With its solid tenant mix, strategic location, and well-maintained condition, the Fernley Commerce Center stands out as a compelling retail investment in one of Northern Nevada's most active growth markets. Seller has 37 percent ownership of parking lot which is to be conveyed in purchase. Parking is open parking and shared with the bowling alley next door; parking count features is not exact.

Map:
Documents:
Title
Brochure.pdf
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Location
Gallery