215 Elks Point

Investment property with a 8% cap rate with a 6 year lease. 13,000 SF Research & Development facility with approximately 6,500 SF Class A office space and 6,500 SF Industrial space all under one roof. The building was remodeled and expanded in 2010. Technology and infrastructure is top notch, a rare find in Lake Tahoe. Situated on .50 acres, 14 dedicated parking spaces, 2 separate power feeds with 3-phase +/- 2000 amps, outside nitrogen storage area, heated rain gutters, immaculate roof top with approximately 80 tons of HVAC. Main floor is equipped with clean rooms, research bays, lab rooms, and control chase rooms in between, maintenance room, mechanical, dressing room, 2 restrooms, utility room and main lobby entrance area. Class 1000 rated and OSHA approved facility. Second floor is loaded class A office with 4 private offices and 1 executive office, state of the art conference room set up for video conferencing, 30+ cubicles in center of office area, 2 large restrooms with showers, kitchen/break room and a temperature controlled server IT room. Office area offers second story views from all windows of Lake Tahoe area. Building is equipped with state of the art security systems, redundant sprinkler systems and all temperature controlled rooms throughout. High tech facility. Location Description: Property is located next to the Round Hill Shopping Center in Zephyr Cove, NV (Lake Tahoe). 2 miles from Stateline in South Lake Tahoe, 18 miles to Minden NV, 23 miles to Carson City NV, 55