DCG is pleased to announce a recent medical office investment sale in Sparks, Nevada. DCG principals Dominic Brunetti, CCIM and Scott Shanks, SIOR along with DCG’s investment team, Chris Shanks, CCIM and Matt Dericco represented the buyer, Washoe Redevelopment, in the acquisition of the 21,781 square foot, multi-tenant medical office building at 5070 Ion Drive. The building sold on December 17, 2020 for $6,000,000.
The property is located in Spanish Springs, off Los Altos Parkway in the rapidly growing Sparks, Nevada submarket. Current tenants include St. Mary’s Hospital and Reno Orthopedic Clinic. The two-story, Class A building is ideal for medical, dental, and other ancillary healthcare services or related businesses.