Two-Tenant Retail
1085 S Virginia St, Reno, NV 89502
For Sale
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Both premises are occupied, with leases extending through 2029 and a new five-year NNN term beginning at closing.
Property Size7,707 SF
Days on Market43
Property Features for 1085 S Virginia St
General Information
Standard status
Size
Property subtype
Occupancy
Net Operating Income
Additional Details
Anchor Co-Tenants
Tenant in Place
Building Details
Tenancy
Listing Agency:
Street Commercial Real Estate, LLC
Listed By:
Matthew Harris · License NV B.1002868.LLC
(410) 340-2022
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Street Commercial Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 7,707-square-foot retail property is fully leased to Jade Dispensary and The Studio. Jade occupies 3,479 square feet and is scheduled to begin a new five-year NNN lease at closing. The Studio occupies 4,228 square feet under a lease that runs through December 31, 2029. Jade has also completed specialized improvements to its premises.
The property is at 1085 S Virginia St in Midtown Reno, a mixed-use district recognized for walkability, arts activity, and a community of local businesses. The area includes independent retailers, restaurants, service providers, and experiential businesses.
The property is at 1085 S Virginia St in Midtown Reno, a mixed-use district recognized for walkability, arts activity, and a community of local businesses. The area includes independent retailers, restaurants, service providers, and experiential businesses.
Key Highlights
- 100% leased to two tenants
- 7,707 SF of retail space
- Jade Dispensary occupies 3,479 SF; new 5‑year NNN lease to begin at closing
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,149
Businesses Nearby
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Business Placement
Demographics for 89502, NV
47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
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Market
Properties on Market for Retail space in Washoe County
Vacancy Rate% for Retail in Reno, NV
Frequently Asked Questions
What type of property is this?
Retail space - Both premises are occupied, with leases extending through 2029 and a new five-year NNN term beginning at closing.
Where is this retail space located?
The property is located at 1085 S Virginia St Reno, NV.
What are key features of this property?
This property features: 100% leased to two tenants; 7,707 SF of retail space; Jade Dispensary occupies 3,479 SF; new 5‑year NNN lease to begin at closing
