Stabilized Cash Flowing Reno Retail
39,048 SF | 94% Leased | Retail Building | Reno, NV 89502 | $9,250,000 ($237/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $9,250,000
- Property Type
-
Retail
- Square Feet
- 39,048 SF
- Price / Square Foot
- $237
Listing Contacts
YaYa Jackoby
Verified Profile
Louie Damonte
Verified Profile
Rotem Azulay
Verified Profile
- Property Info
Property Details
- Class
- C
- Year Built/Renovated
- 1971/2021
- Stories
- 1
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 111,949 SF
Highlights
- Seller Interest Only Financing Available! (Check Data Room)
- Recently renovated retail center fully occupied by a diverse tenant mix on NNN leases.
- Positioned just off the intersection of Mill St and Terminal Way, providing direct exposure to over 38,000 passing vehicles daily.
- Highly accessible location just five minutes from I-80, ten minutes from downtown, and three minutes from Reno-Tahoe International Airport.
- Ten-mile population of 429,000 has increased at double the rate of the national average, leading to over $5.6 billion in consumer spending in 2022
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