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Sale of 85 Isidor Court, Sparks, Nevada for $3,100,000
Sale of 85 Isidor Court, Sparks, Nevada for $3,100,000

SVN | Gold Dust Commercial Associates, one of the region’s premier brokerage firms, has completed the sale of 85 Isidor Court in Sparks, NV, for $3,100,000.

Managing Director, Tomi Jo Lynch, CCIM, SIOR, represented the Seller of this ± 19,200 SF industrial building located in Spanish Springs. The property also includes a 0.39 acre storage yard.

85 Isidor Court is a freestanding class A industrial facility in the Spanish Springs Business Center. Built in 2005 this property sports 4 grade level doors and a large fenced and paved yard. The property is well situated in the Northern Nevada industrial market which boasts one day truck service to eight states and two day truck service to 11 western states. 85 Isidor Court also sits only minutes outside of the town center of Spanish Springs, grocery stores, and restaurants. The building was in shell condition at the time of sale, making it the perfect clean canvas for its new owner. Lynch said of the sale, “With limited property inventory available, this sale represents the highest price per

square foot transaction in the Spanish Springs industrial market to date.”

SVN is the only major commercial real estate brand that proactively markets all its qualified properties to the entire brokerage and investment community. Participating in approximately $12.5 Billion in sales and leasing transactions in 2020, SVN advisors shared commission fees with co-operating brokers in order to close more deals in less time and at the right value for clients. Advisors also reap the benefits of our SVN Live® Weekly Property Broadcast, cloud-based leading-edge technology, and national product councils. This open, transparent and collaborative approach to real estate is the SVN Difference that allowed our agents to close this sale.

 

About SVN|Gold Dust Commercial Associates

SVN|Gold Dust Commercial Associates is an independently owned and operated SVN® office located in Reno, NV. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.svn.com.



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