Retail Storefront with Prior Hardware
For Lease
$365,904 CAM $0.44 /SF/Yr
6370 Mae Anne Unit 2, Reno, NV 89523
Unit 2 retail storefront with existing buildout plans and landlord consideration for reasonable tenant improvements.
Space SizeContact for details
Days on Market745
Property Features for 6370 Mae Anne Unit 2
General Information
Standard status
Active
Building Details
Year Built
2005
Listing Agency:
Nolan Realty & Investments
Listed By:
Jeanette Williams
(775) 688-4000
Source:
Ferrari-lund
Added: Aug 11, 2024
Changed: Aug 24
Last Checked: Aug 24 at 6:23AM
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 Nolan Realty & Investments
Investment Insights
Based on property information with market context.
Unit 2 is a retail storefront offered for lease with drawing available of the current buildout. The previous use was a hardware store that operated using both Unit 1 and Unit 2. If a tenant is leasing only Unit 2, a demising wall would be required. Showings require 24 hours’ notice, and the owner/agent must be present due to items remaining from the prior tenant. CAM is listed at $0.44 per square foot.
The center is home to a mix of tenants including Silver Bear Swim School, Scorpius Tactical, Pegs Restaurant, and Northern Star Montessori, along with additional tenants. The owner will consider reasonable tenant improvements in advance and amortize the cost, with interest, over the first five years of the lease.
This space is well suited for retail operators seeking an established storefront configuration and the option to implement tenant improvements based on the owner’s review of tenant qualifications. The lease has a five-year minimum term with one or two extension options. The listed base rent is “as is,” and tenant improvement costs would be added to the base rent. Owner participation is based on tenant creditworthiness, with last two years of tax returns, bank statements, business plan (if not yet proven), and a credit report required as part of the underwriting process. Additional items may be requested upon review.
The center is home to a mix of tenants including Silver Bear Swim School, Scorpius Tactical, Pegs Restaurant, and Northern Star Montessori, along with additional tenants. The owner will consider reasonable tenant improvements in advance and amortize the cost, with interest, over the first five years of the lease.
This space is well suited for retail operators seeking an established storefront configuration and the option to implement tenant improvements based on the owner’s review of tenant qualifications. The lease has a five-year minimum term with one or two extension options. The listed base rent is “as is,” and tenant improvement costs would be added to the base rent. Owner participation is based on tenant creditworthiness, with last two years of tax returns, bank statements, business plan (if not yet proven), and a credit report required as part of the underwriting process. Additional items may be requested upon review.
Key Highlights
- Year built 2005
- Unit 2 retail storefront with existing buildout plans available
- Previous use was a hardware store using Unit 1 and Unit 2 (demising wall required if using only Unit 2)
Property Analytics
Property Profile
Current Use
Lease Details
$0.44 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89523, NV
36,646
Population
16,662
Households
2.2
Avg Household Size
40
Median Age
46%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
1,939
Density / Sq Mi
$97,384
Median Household Income
$50,637
Median Earnings
$1,759
Median Rent
$569,300
Median Home Value
Market
Vacancy Rate% for Retail in Reno, NV
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Frequently Asked Questions
What type of property is this?
Storefront property - Unit 2 retail storefront with existing buildout plans and landlord consideration for reasonable tenant improvements.
Where is this storefront property located?
The property is located at 6370 Mae Anne Unit 2 Reno, NV.
What is the lease rate?
The lease rate is $365,904.
What are key features of this property?
This property features: Year built 2005; Unit 2 retail storefront with existing buildout plans available; Previous use was a hardware store using Unit 1 and Unit 2 (demising wall required if using only Unit 2)
