1351 E Prater Way

1351 E Prater Way Sparks, NV 89434

1351 E Prater Way, Sparks, NV, 89434
1351 E Prater Way, Sparks, NV, 89434
FOR SALE
Property Type:
Strip Center
Amount:
$1,500,000
Last Verified:
Oct 30, 2023

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Description

1351 E. Prater Way is cleverly designed to accommodate two distinct tenants, Playful Potter and Career College of Northern Nevada. Playful Potter adds an artistic flair to the neighborhood, offering a creative space for people of all ages to explore pottery and ceramics. Meanwhile, Career College of Northern Nevada plays a pivotal role in shaping careers through education.

1351 E. Prater Way, a multi-tenant retail building nestled in the vibrant Sparks submarket. This strategically located property sits at the corner of E. Prater Way and Pullman Drive, a mile from the bustling retail hub of The Outlets at Legends and 1.5 miles from the convenient access point of Interstate 80.


Year Built: 2007
Building Size: 8850sq ft
Lot Size: 1.13 acres

Map of 1351 E Prater Way, Sparks, NV, 89434

Presented by:
NAI Alliance

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Dan Oster, SIOR


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.