Conventional Restaurant

Reno, NV Conventional Restaurants for Sale

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Freestanding Outback Steakhouse
Updated: Jun 1
Freestanding Outback Steakhouse

3645 S. Virginia Street, Reno, NV 89509

$3,968,000
Fee simple interest (land and building) in a freestanding Outback Steakhouse on an absolute NNN basis
Tenant Outback Steakhouse has over 18 years remaining on the initial lease with 3 (5‑year) options to extend
Lease includes rare 2% annual rental increases throughout the initial term
Lease is franchisee guaranteed by Cerca Trova, an Outback Steakhouse Franchisee operator with over 100 locations across the western U.S.
Year built: 1997
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Restaurant Property with Deck
Mixed-Use Restaurant Property with Deck

8791 North Lake Boulevard, Kings Beach, CA 96143

$4,900,000
6,172 sqft 0.38 AC lot

6,172 sq ft mixed-use property with turnkey commercial kitchen, bar/dining, and 22 parking spaces, plus second-floor deck.

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Commercial Property in Park Place
Commercial Property in Park Place

1332 N Highway 395, Gardnerville, NV 89410

$2,300,000
6,752 sqft 0.56 AC lot

Commercial property with fitness center and restaurant in Gardnerville, NV.

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Kings Beach Landmark Commercial Property
Kings Beach Landmark Commercial Property

8791 N Lake Boulevard, Kings Beach, CA 96143

$4,900,000
6,172 sqft 0.38 AC lot

Mixed-use commercial property in Kings Beach with restaurant infrastructure.

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Historic Mixed-Use Property For Sale
Historic Mixed-Use Property For Sale

1453 N Hwy 395, Gardnerville, NV 89410

$2,150,000
10,948 sqft 0.93 AC lot

Mixed-use property with restaurant and residential units in Gardnerville.

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Reno, NV Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Reno, NV on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,968,000.

Sale prices for conventional restaurants in Reno, NV start at $3,968,000, averaging $3,968,000, and reaching up to $3,968,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drive through restaurants 9
Conventional restaurants 3
Bars & Pubs 2
Coffee shops 1
Commercial kitchens 1

Demographics Overview

Population 323K
Population Growth (5Y) +7.0%
Median Household Income $87,673
College Educated 32.3%

High-Yield Neighborhoods for Investment

Identify Reno submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
89509 $4M
89511 $5.6M

Taxes & Financing

Tax Rate (average for all types) 2.36%
Property Tax per SF $48.20 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washoe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washoe County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

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