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Retail Property in Reno, Nevada

10695 Stead Blvd Reno, NV

10695 Stead Blvd, Reno, NV, 00000
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For Sale
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Retail property available for sale in Reno, Nevada.

Property Size9,184 SF
Lot Size0.84 Acres
Price / SF$293.43
AddedMar 6, 2023
Days on Market1228
Last RefreshJul 15 at 7:39 pm

Property Features for 10695 Stead Blvd

General Information

Standard status
Active
Size
9,184 SF
Lot size
0.84 Acres
Property subtype
RETAIL

Listing office Gary Wagner Real Estate Inc

Listing date Mar 6, 2023

Source Moodyscre

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 Gary Wagner Real Estate Inc


Investment Insights

Based on property information with market context.

This retail property, located at 10695 Stead Blvd in Reno, Nevada, offers 9184 square feet of space. It is classified as a retail property and also listed under other retail properties, making it suitable for various retail business operations.

Key Highlights

  • Retail property for sale
  • Located in Reno, Nevada

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $181.8k $19.80
− Vacancy −$15.8k −$1.72
EGI $166.0k $18.08
− OpEx −$49.8k −$5.42
NOI $116.2k $12.65
9,184 SF · lease $19.80/SF/yr · vacancy 8.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,216 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M (±1% cap)
NOI $198,128 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Real Estate Agency Restaurant Hair Salon Dental Office Building Supply Nail Salon Pharmacy Gym & Fitness Center HVAC Service Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail property - Retail property available for sale in Reno, Nevada.
Where is this retail property located?
The property is located at 10695 Stead Blvd Reno, NV.
What is the asking price?
The asking price for this property is $2,694,881.
What are key features of this property?
This property features: Retail property for sale; Located in Reno, Nevada
Contact an agent
(253) 653-0811 Call to check price and availability
More about this property
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