Monday, June 23, 2008

Prime Nevada Properties Listed by Marcus & Millichap




SPARKS, NV-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Kiley Ranch North Village Center, (aerial photo top right) a 25-acre mixed-use site in Sparks. The listing price is $13.08 million.

Sam Medford, an investment specialist in the Santa Fe office of Marcus & Millichap, is representing the seller, Kiley Ranch Communities.

“Due to the project’s significant regional location, it is a great opportunity for an investor to develop into a suburban core center for the northern Sparks Area,” says Medford.

Situated at intersection of Sparks Boulevard and Pyramid Highway, the property – designated the Village Center – is a master-planned community tentatively entitled for commercial and multi-family use.

There are approximately 700 residential units currently ready for occupancy.

The parcel features frontage along the Pyramid Highway corridor, where most of the community’s commercial and office/business park uses are located. Also available is Kiley Ranch Legacy Commons Business Park, (top center photo) a master-planned residential and commercial community that consists of 144 acres.

Press Contact: Stacey Corso
Communications Department
(925) 953-1716

No comments:

Post a Comment