Sparks Crossing
A retail property in Sparks, Nevada. Securitized in 1 CMBS deal in 2026.
$78.1MAppraised value (latest deal)
96.8%Occupancy
$5.0MUnderwritten NOI
6.4%Implied cap rate
- Address
- 101 Los Altos Parkway, Sparks, NV 89436
- Property type
- Retail · Anchored
- Year built
- 2007
- Size
- 329,061 SF
- Sponsor
- Bridge33 Capital LLC
- Loan purpose
- Acquisition
- Largest tenant
- Ross Dress for Less
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK5 2026-5YR20 | 2026-02-09 | $78.1M | 96.8% | $5.0M | 6.4% | $49.1M | 62.8% | 1.54x | 424B |
Historical NOI reported in BANK5 2026-5YR20
| Period ending | NOI |
|---|---|
| 10/31/2025 | $4.3M |
| 12/31/2024 | $4.3M |
| 12/31/2023 | $3.8M |
More CMBS properties in Nevada →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.