Stabilized Multi-Tenant Office
8725 Technology Way, Reno, NV 89521
Two office buildings in South Reno, 100% leased.
Type:Office
Property size:
5,556 SFPrice / SF:
$262/SF- Added:
- Apr 2, 2026
- Days on Market:
- 62
- Last Refresh:
- Apr 2 at 8:05 pm
Property Features for 8725 Technology Way
General Information
- Standard status
- Active
- Size
- 5,556 SF
- Property subtype
- Office
Listing agent Melissa Molyneaux License #NV-BS.0144599.LLC (775) 823-4674
Listing office Reno (775) 823-4674
Listing date Apr 2, 2026
Source Colliers
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 Reno
HighLights
- 100% leased with a stable mix of tenants, providing immediate in‑place cash flow.
- Located in the highly desirable South Reno submarket with seamless access to US‑395 and I‑580.
- Two office buildings totaling approximately 5,556 square feet with updated interior finishes.
- Staggered lease expirations mitigating rollover risk and allowing for future rental upside.
- Efficient layouts and flexible floor plans designed to accommodate a variety of business types and tenant sizes.
- Dedicated parking lot parcel ensures ample on‑site parking.
Overview
Buildings B & C at 8725 Technology Way present an opportunity to acquire a stabilized, multi-tenant office investment in the South Reno submarket. Constructed in 2006, the property consists of two parcels, including two office buildings totaling approximately 5,556 square feet. The buildings feature four professional office suites with updated interior finishes, efficient layouts, and flexible floor plans designed to accommodate a variety of business types and tenant sizes. The property is currently 100% leased to a mix of tenants with staggered lease expirations. Located in South Reno, the property offers access to US-395 and I-580, and is within close proximity to Meadowood Mall, retail amenities, and dining options. The property includes use of parking in the common parking lot.
Local Financial Insights For Office B
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 | $160.7k | $28.92 |
| − Vacancy | −$29.7k | −$5.35 |
| EGI | $131.0k | $23.57 |
| − OpEx | −$32.7k | −$5.89 |
| NOI | $98.2k | $17.68 |
5,556 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,215 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,860 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Hutchinson Valuation
Real Estate Agency
Meridian Surveying & Mapping, ...
Land Surveyor
RG Nets, Inc.
IT Consulting Firm
Nevada Association of Employers
Association / Organization
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.7550859
- Latitude
- 39.4545587
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two office buildings in South Reno, 100% leased.
Where is this office building located?
The property is located at 8725 Technology Way Reno, NV.
What is the asking price?
The asking price for this property is $1,460,500.
What are key features of this property?
This property features: 100% leased with a stable mix of tenants, providing immediate in‑place cash flow.; Located in the highly desirable South Reno submarket with seamless access to US‑395 and I‑580.; Two office buildings totaling approximately 5,556 square feet with updated interior finishes.
