465-499 E Plumb Ln Reno, NV 89509

This established retail center, totaling approximately 18,973 square feet, is situated in the central Reno submarket. The property comprises three buildings, incorporating a total of 14 units. These units are currently leased to a diverse mix of tenants, including restaurants, retail businesses, professional service providers, and personal service establishments. Originally constructed in 1986, the property has undergone recent renovations. These renovations include new paint, signage, landscaping, parking lot re-slurry, improvements to the façade, and the creation of a new drive aisle to facilitate overflow parking. The property features over 300 linear feet of frontage along E. Plumb Lane, with two points of ingress and egress from Plumb Lane and one along Rondel Way. Plumb Lane offers convenient access to I-580, the MidTown and downtown Reno areas via S. Virginia Street, and southeast Reno via Kietzke Lane. The central Reno submarket is experiencing expansion with the addition of the Reno Experience District (RED), which includes approximately 65,000 square feet of retail space, 898 luxury apartments, a 170-door luxury hotel, and an 83-door flex-stay corporate apartment project. Along E. Plumb Lane, the renovated Reno Public Market recently welcomed Sprout’s third location in northern Nevada and features inline retail and a 2-story foodhall, and is junior-anchored by CVS Pharmacy. PK Companies recently completed a hotel to apartment conversion adding 117 apartments on the corner of E. Plumb Lane and S. Virginia Street.