DCG Sells Flex Unit Portfolio in Spanish Springs Business Center

DCG Sells Flex Unit Portfolio in Spanish Springs Business Center

Dominic Brunetti, CCIM, Scott Shanks, SIOR, Chris Shanks, and Matt Dericco represented the seller of 135-145 Isidor Court in Sparks, Nevada. The two 100% net-leased flex units were sold as an investment portfolio, totaling 5,550 square feet on .13 acres of land.

Located within the Spanish Springs Business Center, the two condos have direct access to Pyramid Highway. The portfolio sold to Pacatte Properties, LLC for $970,000 with a cap rate of 5.95% on May 14, 2021.