Building Details

Building Size 4,800 SF

Year Built 1979

Listing Agency: Dickson Commercial Group

Listed By: Gary Tremaine · License #NV #Lic# S.29033 Show Phone

Source: Corfac

Added: Jul 17 Changed: Oct 9 Last Checked: Oct 16 at 7:01AM

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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 Dickson Commercial Group

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Investment Insights

Based on property information with market context.

125 Brinkby Ave is a unique office property offering approximately 4,800 square feet of thoughtfully designed workspace. Originally constructed as a professional sound studio, the building features premium acoustic construction intended to support privacy and sound isolation.

Located at 125 Brinkby Avenue in Reno, NV, the property is positioned for users seeking a workplace built around controlled acoustics. The layout and improvements reflect its sound studio origin, making it a distinctive option among office spaces for organizations focused on production- or media-related operations.

Key Highlights

• Office building originally constructed as a professional sound studio with premium acoustic construction
• Approximately 4,800 SF of designed office/workspace
• Originally built in 1979

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$84,851

Cap Rate

5.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,697,020 $1.7M

Cap Rate 7%

$1,212,157 $1.2M

Cap Rate 9%

$942,789 $942.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,800 SF

Gross rent

$138.8K $28.92/SF

− Vacancy

−$25.7K −$5.35/SF

EGI

$113.1K $23.57/SF

− OpEx

−$28.3K −$5.89/SF

NOI

$84.9K $17.68/SF

Area

Reno, NV

Vacancy

18.50%

Lease Rate

$28.92 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,697,020

Cap Rate 7%

$1,212,157

Cap Rate 9%

$942,789

Alternative Uses

Best Use

Office B

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,851 @ 7.0% cap · market cap 5.02%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.48M

$1.29M – $1.73M (±1% cap)

NOI $103,551 @ 7.0% cap · market cap 6.13%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Tanglewood Productions Recording Studio AW Tonegold Records (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Tanning Salon Carpet & Flooring Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,302

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Office in Reno, NV

9.9% 2019

12.5% 2020

9.8% 2021

10.2% 2022

12.5% 2023

10.6% 2024

9.2% 2025

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Frequently Asked Questions

What type of property is this?

Creative space - Office building originally constructed as a professional sound studio with premium acoustic construction for privacy and sound isolation.

Where is this creative space located?

The property is located at 125 Brinkby Avenue Reno, NV.

What is the asking price?

The asking price for this property is $1,690,000.

What are key features of this property?

This property features: Office building originally constructed as a professional sound studio with premium acoustic construction; Approximately 4,800 SF of designed office/workspace; Originally built in 1979